LGHT vs. FBT ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to First Trust Amex Biotech Index Fund (FBT)
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
FBT

First Trust Amex Biotech Index Fund

FBT Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$173.44

Average Daily Volume

29,577

Number of Holdings *

30

* may have additional holdings in another (foreign) market
Performance
Period LGHT FBT
30 Days -3.23% 0.59%
60 Days -3.02% 1.67%
90 Days 2.70% 4.54%
12 Months 27.59%
3 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in FBT Overlap
ALKS F 0.6% 3.17% 0.6%
BNTX B 3.9% 3.17% 3.17%
MRNA F 2.38% 3.09% 2.38%
LGHT Overweight 28 Positions Relative to FBT
Symbol Grade Weight
ISRG B 14.59%
GEHC D 9.12%
RMD A 7.12%
IQV F 6.5%
DXCM C 5.26%
PHG D 5.01%
VEEV B 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 F 0.6%
OMCL B 0.45%
EVH D 0.41%
IRTC C 0.39%
PRVA B 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 A 0.03%
MODV F 0.03%
LGHT Underweight 27 Positions Relative to FBT
Symbol Grade Weight
EXEL A -3.66%
CPRX A -3.62%
SRPT D -3.62%
GILD A -3.57%
CORT B -3.55%
ALNY C -3.53%
ARGX A -3.51%
NBIX C -3.42%
BMRN F -3.42%
ITCI A -3.41%
EXAS A -3.38%
INCY A -3.37%
VRTX D -3.35%
UTHR A -3.34%
RGEN D -3.33%
BIIB F -3.33%
ILMN A -3.32%
GMAB F -3.31%
ACAD F -3.31%
AMGN C -3.28%
HALO B -3.18%
NTRA B -3.13%
WAT A -3.12%
REGN F -3.12%
BGNE C -3.1%
BRKR D -3.09%
MTD D -3.04%
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