LGHT vs. FDHT ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Fidelity Digital Health ETF (FDHT)
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
FDHT
Fidelity Digital Health ETF
FDHT Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Digital Health Index. Normally investing at least 80% of assets in securities included in the Fidelity Digital Health Index and in depositary receipts representing securities included in the index. The Fidelity Digital Health Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled healthcare products and services.Grade (RS Rating)
Last Trade
$19.85
Average Daily Volume
1,505
28
Performance
| Period | LGHT | FDHT |
|---|---|---|
| 30 Days | -3.23% | -4.21% |
| 60 Days | -3.02% | 1.18% |
| 90 Days | 2.70% | 8.04% |
| 12 Months | 25.24% |
16 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in FDHT | Overlap | |
|---|---|---|---|---|---|
| ACCD | F | 0.06% | 0.79% | 0.06% | |
| DOCS | A | 1.67% | 2.87% | 1.67% | |
| DXCM | C | 5.26% | 4.72% | 4.72% | |
| EVH | D | 0.41% | 1.75% | 0.41% | |
| GDRX | F | 0.27% | 1.04% | 0.27% | |
| IQV | F | 6.5% | 1.79% | 1.79% | |
| IRTC | C | 0.39% | 2.24% | 0.39% | |
| ISRG | B | 14.59% | 4.76% | 4.76% | |
| MASI | A | 2.24% | 3.18% | 2.24% | |
| OMCL | B | 0.45% | 1.71% | 0.45% | |
| PHR | F | 0.15% | 1.2% | 0.15% | |
| PODD | A | 4.72% | 3.98% | 3.98% | |
| RMD | A | 7.12% | 4.38% | 4.38% | |
| TDOC | C | 0.29% | 1.9% | 0.29% | |
| TNDM | F | 0.6% | 1.62% | 0.6% | |
| VEEV | B | 4.73% | 4.37% | 4.37% |
LGHT: Top Represented Industries & Keywords
FDHT: Top Represented Industries & Keywords
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