IHE vs. LGHT ETF Comparison
Comparison of iShares U.S. Pharmaceutical ETF (IHE) to Langar Global HealthTech ETF (LGHT)
IHE
iShares U.S. Pharmaceutical ETF
IHE Description
The investment seeks to track the investment results of an index composed of U.S. equities in the pharmaceuticals sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Pharmaceuticals Index (the "underlying index"), which measures the performance of the pharmaceuticals sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$68.17
Average Daily Volume
31,309
38
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
$10.34
Average Daily Volume
808
31
Performance
Period | IHE | LGHT |
---|---|---|
30 Days | -4.71% | -1.37% |
60 Days | -4.35% | -2.99% |
90 Days | -2.23% | -0.13% |
12 Months | 19.99% |
0 Overlapping Holdings
Symbol | Grade | Weight in IHE | Weight in LGHT | Overlap |
---|
IHE Overweight 38 Positions Relative to LGHT
Symbol | Grade | Weight | |
---|---|---|---|
JNJ | D | 21.37% | |
LLY | F | 20.46% | |
VTRS | B | 5.18% | |
BMY | B | 5.05% | |
CTLT | D | 4.24% | |
ZTS | D | 4.22% | |
PFE | F | 4.08% | |
MRK | F | 4.07% | |
RPRX | F | 4.01% | |
ITCI | B | 3.54% | |
JAZZ | B | 3.01% | |
ELAN | C | 2.74% | |
CORT | B | 2.19% | |
OGN | F | 1.63% | |
PBH | A | 1.57% | |
AXSM | B | 1.43% | |
PRGO | C | 1.42% | |
LGND | C | 0.87% | |
EWTX | C | 0.83% | |
SUPN | C | 0.8% | |
AMPH | C | 0.72% | |
ARVN | D | 0.68% | |
TARS | C | 0.67% | |
HRMY | D | 0.54% | |
AMRX | B | 0.51% | |
SAVA | D | 0.48% | |
INVA | C | 0.44% | |
NMRA | F | 0.44% | |
COLL | F | 0.41% | |
ANIP | C | 0.4% | |
ELVN | C | 0.33% | |
PLRX | D | 0.32% | |
PCRX | C | 0.31% | |
PHAT | F | 0.24% | |
MNMD | B | 0.24% | |
NUVB | B | 0.19% | |
RVNC | F | 0.13% | |
TBPH | B | 0.12% |
IHE Underweight 31 Positions Relative to LGHT
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | -14.61% | |
GEHC | D | -8.88% | |
RMD | C | -7.02% | |
IQV | F | -6.62% | |
PHG | F | -5.08% | |
DXCM | C | -4.95% | |
VEEV | B | -4.88% | |
PODD | B | -4.8% | |
BNTX | D | -3.58% | |
ZBH | C | -3.47% | |
ALGN | D | -2.78% | |
MASI | B | -2.42% | |
MRNA | F | -2.12% | |
DOCS | B | -1.67% | |
PRCT | C | -1.39% | |
ALKS | C | -0.66% | |
TNDM | F | -0.61% | |
OMCL | C | -0.47% | |
IRTC | C | -0.46% | |
PRVA | B | -0.45% | |
EVH | F | -0.41% | |
LFST | B | -0.33% | |
PGNY | F | -0.29% | |
TDOC | C | -0.29% | |
GDRX | F | -0.21% | |
ALHC | C | -0.21% | |
SDGR | C | -0.19% | |
PHR | D | -0.17% | |
ACCD | F | -0.06% | |
TBRG | B | -0.03% | |
MODV | D | -0.03% |
IHE: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords