LGHT vs. GVIP ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Goldman Sachs Hedge Industry VIP ETF (GVIP)
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
GVIP
Goldman Sachs Hedge Industry VIP ETF
GVIP Description
The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.Grade (RS Rating)
Last Trade
$127.66
Average Daily Volume
4,583
49
Performance
| Period | LGHT | GVIP |
|---|---|---|
| 30 Days | -0.59% | 4.90% |
| 60 Days | -1.40% | 7.68% |
| 90 Days | -1.14% | 10.62% |
| 12 Months | 39.62% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in GVIP | Overlap |
|---|
LGHT Overweight 31 Positions Relative to GVIP
| 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 Underweight 49 Positions Relative to GVIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| GEV | B | -3.27% | |
| APO | B | -2.81% | |
| HUBS | A | -2.5% | |
| SPOT | B | -2.46% | |
| LBRDK | C | -2.46% | |
| NTRA | B | -2.42% | |
| NFLX | A | -2.33% | |
| FI | A | -2.32% | |
| KKR | A | -2.29% | |
| CRM | B | -2.24% | |
| NVDA | C | -2.21% | |
| AMZN | C | -2.13% | |
| V | A | -2.12% | |
| WDAY | B | -2.07% | |
| JPM | A | -2.05% | |
| ALIT | C | -2.03% | |
| MA | C | -2.0% | |
| ET | A | -1.99% | |
| TSM | B | -1.98% | |
| SN | D | -1.97% | |
| FCNCA | A | -1.97% | |
| GOOGL | C | -1.97% | |
| BABA | D | -1.94% | |
| HES | B | -1.93% | |
| PGR | A | -1.92% | |
| CZR | F | -1.9% | |
| META | D | -1.89% | |
| BRK.A | B | -1.89% | |
| WDC | D | -1.88% | |
| EDR | A | -1.88% | |
| GE | D | -1.87% | |
| AVGO | D | -1.86% | |
| AER | B | -1.82% | |
| AAPL | C | -1.82% | |
| MELI | D | -1.79% | |
| TDG | D | -1.78% | |
| MSFT | F | -1.78% | |
| HCP | B | -1.77% | |
| UNH | C | -1.76% | |
| THC | D | -1.76% | |
| AMD | F | -1.75% | |
| INSM | C | -1.74% | |
| UBER | D | -1.7% | |
| ACI | C | -1.69% | |
| IAC | D | -1.67% | |
| TEVA | D | -1.65% | |
| ADBE | C | -1.64% | |
| X | C | -1.63% | |
| LLY | F | -1.39% |
LGHT: Top Represented Industries & Keywords
GVIP: Top Represented Industries & Keywords
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