LGHT vs. FPXI ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to First Trust International IPO ETF (FPXI)
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
$10.42
Average Daily Volume
913
31
FPXI
First Trust International IPO ETF
FPXI Description
The investment seeks investment results that correspond generally to the price andyield (before the fund's fees and expenses) of an index called the IPOXInternational Index. The fund will normally invest at least 90% of its net assets (plus the amount ofany borrowings for investment purposes) in common stocks and/or depositaryreceipts that comprise the index. The index is a market-cap weightedportfolio measuring the performance of the top 50 non-U.S. companies, includingcompanies domiciled in emerging markets, ranked quarterly by marketcapitalization in the IPOX(R) Global Composite Index (the "Base Index"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$49.48
Average Daily Volume
8,656
13
Performance
| Period | LGHT | FPXI |
|---|---|---|
| 30 Days | -0.59% | 3.10% |
| 60 Days | -1.40% | 2.33% |
| 90 Days | -1.14% | 1.22% |
| 12 Months | 24.05% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in FPXI | Overlap |
|---|
LGHT Overweight 31 Positions Relative to FPXI
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | 15.39% | |
| GEHC | F | 8.56% | |
| RMD | C | 6.71% | |
| IQV | D | 6.34% | |
| DXCM | D | 5.51% | |
| PODD | C | 5.26% | |
| VEEV | C | 5.15% | |
| PHG | D | 4.87% | |
| ZBH | C | 3.57% | |
| BNTX | D | 3.53% | |
| ALGN | D | 2.85% | |
| MASI | A | 2.46% | |
| DOCS | C | 2.06% | |
| MRNA | F | 1.72% | |
| PRCT | B | 1.27% | |
| ALKS | B | 0.66% | |
| TNDM | F | 0.54% | |
| IRTC | D | 0.44% | |
| PRVA | B | 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 | D | 0.07% | |
| MODV | C | 0.03% | |
| TBRG | B | 0.03% |
LGHT: Top Represented Industries & Keywords
FPXI: Top Represented Industries & Keywords
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