EKG vs. LGHT ETF Comparison
Comparison of First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) to Langar Global HealthTech ETF (LGHT)
EKG
First Trust Nasdaq Lux Digital Health Solutions ETF
EKG Description
First Trust Nasdaq Lux Digital Health Solutions ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It invests in public equity markets of global region. It invests in stocks of companies operating across health care, health care equipment and services, health care technology sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Nasdaq Lux Health Tech Index, by using full replication technique. First Trust Nasdaq Lux Digital Health Solutions ETF was formed on March 22, 2022 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$16.68
Average Daily Volume
287
37
LGHT
Langar Global HealthTech ETF
LGHT Description
LGHT targets the global healthcare technology industry. The fund actively invests in HealthTech companies, which the adviser defines as firms that develop technology designed to create healthcare efficiency by addressing key pain points for patients, providers, payors, and hospitals, including those companies that derive a majority of their revenue from HealthTech products and services. The portfolio construction starts by identifying companies that fit into the advisers HealthTech definition. The remaining companies are screened using a proprietary metric that assesses each firms financial health, involvement in relevant controversies, as well as the strength of its team and culture. Each company is then assigned an industry risk score through an algorithm that defines quantitative and qualitative risk categories and weights them accordingly. Finally, each company is reviewed by an investment committee. However, the portfolio manager still has full discretion over the final selection.Grade (RS Rating)
Last Trade
$10.28
Average Daily Volume
686
31
Performance
Period | EKG | LGHT |
---|---|---|
30 Days | -0.77% | -3.23% |
60 Days | -0.57% | -3.02% |
90 Days | 6.51% | 2.70% |
12 Months | 31.24% |
17 Overlapping Holdings
Symbol | Grade | Weight in EKG | Weight in LGHT | Overlap | |
---|---|---|---|---|---|
ALGN | F | 3.64% | 2.67% | 2.67% | |
DOCS | A | 2.46% | 1.67% | 1.67% | |
DXCM | C | 8.32% | 5.26% | 5.26% | |
IQV | F | 6.92% | 6.5% | 6.5% | |
IRTC | C | 0.85% | 0.39% | 0.39% | |
ISRG | B | 8.3% | 14.59% | 8.3% | |
LFST | C | 0.45% | 0.3% | 0.3% | |
MASI | A | 2.64% | 2.24% | 2.24% | |
PGNY | F | 0.52% | 0.28% | 0.28% | |
PODD | A | 4.61% | 4.72% | 4.61% | |
PRCT | A | 1.93% | 1.35% | 1.35% | |
PRVA | B | 0.81% | 0.38% | 0.38% | |
RMD | A | 8.06% | 7.12% | 7.12% | |
SDGR | F | 0.46% | 0.19% | 0.19% | |
TDOC | C | 0.75% | 0.29% | 0.29% | |
TNDM | F | 0.88% | 0.6% | 0.6% | |
VEEV | B | 7.84% | 4.73% | 4.73% |
EKG Overweight 20 Positions Relative to LGHT
EKG: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords