LGHT vs. BBH ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to Market Vectors Biotech ETF (BBH)
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

$10.30

Average Daily Volume

688

Number of Holdings *

31

* may have additional holdings in another (foreign) market
BBH

Market Vectors Biotech ETF

BBH Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Biotech 25 Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Biotech Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the biotechnology industry. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$170.41

Average Daily Volume

3,477

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period LGHT BBH
30 Days -2.47% -2.83%
60 Days -1.15% -3.75%
90 Days 3.76% -2.43%
12 Months 12.79%
3 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in BBH Overlap
BNTX C 3.9% 2.35% 2.35%
IQV F 6.5% 4.98% 4.98%
MRNA F 2.38% 3.14% 2.38%
LGHT Overweight 28 Positions Relative to BBH
Symbol Grade Weight
ISRG B 14.59%
GEHC D 9.12%
RMD B 7.12%
DXCM D 5.26%
PHG D 5.01%
VEEV C 4.73%
PODD A 4.72%
ZBH C 3.55%
ALGN F 2.67%
MASI A 2.24%
DOCS A 1.67%
PRCT A 1.35%
TNDM D 0.6%
ALKS D 0.6%
OMCL A 0.45%
EVH D 0.41%
IRTC C 0.39%
PRVA C 0.38%
LFST C 0.3%
TDOC C 0.29%
PGNY F 0.28%
GDRX F 0.27%
ALHC A 0.2%
SDGR F 0.19%
PHR F 0.15%
ACCD F 0.06%
TBRG B 0.03%
MODV F 0.03%
LGHT Underweight 22 Positions Relative to BBH
Symbol Grade Weight
AMGN D -16.72%
VRTX D -10.66%
GILD A -9.56%
REGN F -8.14%
ARGX A -4.6%
ICLR F -4.59%
BIIB F -4.15%
ILMN A -4.04%
ALNY C -3.71%
NTRA C -2.71%
INSM D -2.09%
EXAS A -2.04%
NBIX C -2.04%
BMRN F -1.9%
TECH B -1.89%
BGNE C -1.83%
SRPT D -1.83%
CRL F -1.76%
QGEN C -1.71%
INCY A -1.39%
RGEN D -1.23%
CYTK F -0.87%
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