LGHT vs. FCTE ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to SMI 3Fourteen Full-Cycle Trend ETF (FCTE)
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
FCTE
SMI 3Fourteen Full-Cycle Trend ETF
FCTE Description
The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.48
Average Daily Volume
113,504
20
Performance
| Period | LGHT | FCTE |
|---|---|---|
| 30 Days | -3.23% | -3.60% |
| 60 Days | -3.02% | -1.98% |
| 90 Days | 2.70% | 3.09% |
| 12 Months |
1 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in FCTE | Overlap | |
|---|---|---|---|---|---|
| RMD | A | 7.12% | 5.2% | 5.2% |
LGHT Overweight 30 Positions Relative to FCTE
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | B | 14.59% | |
| GEHC | D | 9.12% | |
| IQV | F | 6.5% | |
| DXCM | C | 5.26% | |
| PHG | D | 5.01% | |
| VEEV | B | 4.73% | |
| PODD | A | 4.72% | |
| BNTX | B | 3.9% | |
| ZBH | C | 3.55% | |
| ALGN | F | 2.67% | |
| MRNA | F | 2.38% | |
| MASI | A | 2.24% | |
| DOCS | A | 1.67% | |
| PRCT | A | 1.35% | |
| TNDM | F | 0.6% | |
| ALKS | 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 19 Positions Relative to FCTE
LGHT: Top Represented Industries & Keywords
FCTE: Top Represented Industries & Keywords
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