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
$10.35
Average Daily Volume
915
31
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
$166.46
Average Daily Volume
33,658
30
Performance
| Period | LGHT | FBT |
|---|---|---|
| 30 Days | -1.96% | -2.65% |
| 60 Days | -2.17% | -3.12% |
| 90 Days | -1.81% | -2.31% |
| 12 Months | 18.61% |
LGHT Overweight 28 Positions Relative to FBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | 15.39% | |
| GEHC | D | 8.56% | |
| RMD | C | 6.71% | |
| IQV | F | 6.34% | |
| DXCM | C | 5.51% | |
| PODD | C | 5.26% | |
| VEEV | C | 5.15% | |
| PHG | C | 4.87% | |
| ZBH | C | 3.57% | |
| ALGN | D | 2.85% | |
| MASI | B | 2.46% | |
| DOCS | C | 2.06% | |
| PRCT | B | 1.27% | |
| TNDM | D | 0.54% | |
| IRTC | C | 0.44% | |
| PRVA | C | 0.44% | |
| OMCL | C | 0.42% | |
| LFST | B | 0.31% | |
| TDOC | C | 0.28% | |
| PGNY | F | 0.25% | |
| EVH | F | 0.22% | |
| SDGR | C | 0.21% | |
| GDRX | F | 0.2% | |
| ALHC | C | 0.2% | |
| PHR | F | 0.17% | |
| ACCD | D | 0.07% | |
| MODV | C | 0.03% | |
| TBRG | B | 0.03% |
LGHT Underweight 27 Positions Relative to FBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXEL | B | -4.51% | |
| CORT | B | -4.07% | |
| INCY | C | -3.97% | |
| NTRA | A | -3.92% | |
| ITCI | C | -3.9% | |
| ACAD | C | -3.85% | |
| ARGX | B | -3.74% | |
| GILD | C | -3.66% | |
| UTHR | C | -3.64% | |
| CPRX | C | -3.62% | |
| NBIX | C | -3.59% | |
| WAT | C | -3.55% | |
| RGEN | D | -3.46% | |
| HALO | F | -3.44% | |
| VRTX | D | -3.39% | |
| ILMN | C | -3.3% | |
| BMRN | F | -3.15% | |
| ALNY | D | -3.06% | |
| GMAB | F | -3.04% | |
| AMGN | F | -3.04% | |
| SRPT | F | -2.96% | |
| BIIB | F | -2.95% | |
| MTD | F | -2.88% | |
| BRKR | D | -2.85% | |
| BGNE | D | -2.76% | |
| REGN | F | -2.6% | |
| EXAS | D | -2.42% |
LGHT: Top Represented Industries & Keywords
FBT: Top Represented Industries & Keywords
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