LGHT vs. BKIV ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to BNY Mellon Innovators ETF (BKIV)
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
BKIV
BNY Mellon Innovators ETF
BKIV Description
To pursue its goal, the fund normally invests principally in equity securities of U.S. innovation-driven companies. The fund's sub-adviser considers innovation-driven companies to be (i) leading edge companies that, through their intellectual property, provide ground-breaking and/or innovative products and services that can be disruptive and transformative to existing business models and practices and (ii) business enterprises that are positively impacted by the transformation of their business models and practices through the use of such products or services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$33.92
Average Daily Volume
177
44
Performance
Period | LGHT | BKIV |
---|---|---|
30 Days | -3.23% | 3.67% |
60 Days | -3.02% | 3.73% |
90 Days | 2.70% | 10.42% |
12 Months | 46.52% |
LGHT Overweight 26 Positions Relative to BKIV
Symbol | Grade | Weight | |
---|---|---|---|
GEHC | D | 9.12% | |
RMD | A | 7.12% | |
IQV | F | 6.5% | |
PHG | D | 5.01% | |
VEEV | B | 4.73% | |
PODD | A | 4.72% | |
BNTX | B | 3.9% | |
ZBH | C | 3.55% | |
MRNA | F | 2.38% | |
MASI | A | 2.24% | |
DOCS | A | 1.67% | |
TNDM | F | 0.6% | |
ALKS | F | 0.6% | |
OMCL | B | 0.45% | |
EVH | D | 0.41% | |
IRTC | C | 0.39% | |
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 | A | 0.03% | |
MODV | F | 0.03% |
LGHT Underweight 39 Positions Relative to BKIV
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | B | -13.59% | |
GOOG | A | -5.08% | |
INSM | D | -4.12% | |
NFLX | A | -3.55% | |
CSGP | F | -3.54% | |
INSP | D | -3.48% | |
RGEN | D | -2.91% | |
FRPT | D | -2.52% | |
SRPT | D | -2.43% | |
TTD | B | -2.16% | |
MNDY | A | -2.12% | |
CELH | F | -2.03% | |
ASND | F | -2.0% | |
SQ | B | -1.97% | |
CFLT | A | -1.96% | |
SHOP | B | -1.95% | |
TMDX | F | -1.87% | |
MDB | F | -1.81% | |
WHD | B | -1.71% | |
NTRA | B | -1.7% | |
RDDT | A | -1.55% | |
LULU | C | -1.54% | |
CYBR | C | -1.5% | |
ILMN | A | -1.46% | |
BROS | B | -1.39% | |
ABNB | B | -1.3% | |
DKNG | F | -1.26% | |
CHWY | D | -1.25% | |
TWST | F | -1.25% | |
VITL | C | -1.25% | |
DNLI | C | -1.08% | |
JPM | A | -0.98% | |
KROS | A | -0.93% | |
CRNX | B | -0.8% | |
GH | D | -0.76% | |
ELF | F | -0.69% | |
HUBS | B | -0.65% | |
PSTG | D | -0.65% | |
XENE | C | -0.5% |
LGHT: Top Represented Industries & Keywords
BKIV: Top Represented Industries & Keywords