LGHT vs. IZRL ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to ARK Israel Innovative Technology ETF (IZRL)
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
IZRL
ARK Israel Innovative Technology ETF
IZRL Description
The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.Grade (RS Rating)
Last Trade
$21.50
Average Daily Volume
14,919
25
Performance
| Period | LGHT | IZRL |
|---|---|---|
| 30 Days | -0.59% | 10.20% |
| 60 Days | -1.40% | 11.93% |
| 90 Days | -1.14% | 7.91% |
| 12 Months | 20.99% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in IZRL | Overlap |
|---|
LGHT Overweight 31 Positions Relative to IZRL
| 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 25 Positions Relative to IZRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| SMWB | B | -2.78% | |
| FVRR | B | -2.72% | |
| SSYS | C | -2.54% | |
| PLTK | B | -2.33% | |
| INMD | C | -2.19% | |
| CYBR | B | -2.16% | |
| MGIC | F | -2.13% | |
| WIX | B | -2.12% | |
| CGNT | B | -2.1% | |
| FROG | C | -2.07% | |
| RDWR | B | -2.07% | |
| ITRN | B | -2.04% | |
| NICE | C | -2.02% | |
| WKME | C | -2.02% | |
| CLBT | B | -2.0% | |
| RSKD | D | -1.97% | |
| NNOX | C | -1.96% | |
| BWAY | B | -1.9% | |
| TEVA | D | -1.9% | |
| MNDY | C | -1.87% | |
| MDWD | D | -1.8% | |
| AUDC | D | -1.78% | |
| URGN | F | -1.78% | |
| CHKP | D | -1.75% | |
| SPNS | F | -1.54% |
LGHT: Top Represented Industries & Keywords
IZRL: Top Represented Industries & Keywords
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