LGHT vs. FDRV ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
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
$10.31
Average Daily Volume
913
31
FDRV
Fidelity Electric Vehicles and Future Transportation ETF
FDRV Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Electric Vehicles and Future Transportation Index. Normally investing at least 80% of assets in securities included in the Fidelity Electric Vehicles and Future Transportation Index and in depositary receipts representing securities included in the index. The Fidelity Electric Vehicles and Future Transportation Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum engaged in the production of electric and/or autonomous vehicles and their components, technology, or energy systems or engaged in other initiatives that aim to change the future of transportation.Grade (RS Rating)
Last Trade
$13.46
Average Daily Volume
9,464
30
Performance
| Period | LGHT | FDRV |
|---|---|---|
| 30 Days | -3.06% | -1.16% |
| 60 Days | -2.46% | 1.65% |
| 90 Days | -0.81% | 3.03% |
| 12 Months | -14.09% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in FDRV | Overlap |
|---|
LGHT Overweight 31 Positions Relative to FDRV
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | 15.39% | |
| GEHC | C | 8.56% | |
| RMD | C | 6.71% | |
| IQV | F | 6.34% | |
| DXCM | C | 5.51% | |
| PODD | B | 5.26% | |
| VEEV | C | 5.15% | |
| PHG | C | 4.87% | |
| ZBH | C | 3.57% | |
| BNTX | D | 3.53% | |
| ALGN | D | 2.85% | |
| MASI | B | 2.46% | |
| DOCS | C | 2.06% | |
| MRNA | F | 1.72% | |
| PRCT | B | 1.27% | |
| ALKS | C | 0.66% | |
| TNDM | D | 0.54% | |
| IRTC | C | 0.44% | |
| PRVA | C | 0.44% | |
| OMCL | C | 0.42% | |
| LFST | C | 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 | F | 0.07% | |
| MODV | C | 0.03% | |
| TBRG | A | 0.03% |
LGHT Underweight 30 Positions Relative to FDRV
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | -6.03% | |
| UBER | F | -4.56% | |
| ADI | D | -4.56% | |
| GRMN | B | -3.77% | |
| NXPI | F | -3.77% | |
| RIVN | F | -3.19% | |
| ON | F | -3.05% | |
| APTV | F | -3.04% | |
| SWKS | F | -2.94% | |
| LI | F | -2.69% | |
| LEA | F | -2.21% | |
| ALB | B | -2.21% | |
| ST | F | -2.07% | |
| XPEV | C | -1.95% | |
| LCID | F | -1.9% | |
| NIO | F | -1.87% | |
| VC | F | -1.75% | |
| LYFT | C | -1.55% | |
| LSCC | F | -1.54% | |
| ADNT | F | -1.44% | |
| DIOD | F | -1.43% | |
| BE | A | -1.41% | |
| SYNA | D | -1.29% | |
| SITM | B | -1.25% | |
| CHPT | F | -1.18% | |
| PLUG | F | -1.06% | |
| ALGM | F | -1.05% | |
| BLBD | F | -1.01% | |
| LAZR | F | -0.88% | |
| INDI | C | -0.72% |
LGHT: Top Represented Industries & Keywords
FDRV: Top Represented Industries & Keywords
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