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

Number of Holdings *

31

* may have additional holdings in another (foreign) market
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

Number of Holdings *

44

* may have additional holdings in another (foreign) market
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%
5 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in BKIV Overlap
ALGN F 2.67% 2.6% 2.6%
DXCM C 5.26% 1.79% 1.79%
ISRG B 14.59% 2.35% 2.35%
PRCT A 1.35% 0.57% 0.57%
PRVA B 0.38% 0.79% 0.38%
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%
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