LGHT vs. JDOC ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to JPMorgan Healthcare Leaders ETF (JDOC)
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
$10.35
Average Daily Volume
915
31
JDOC
JPMorgan Healthcare Leaders ETF
JDOC Description
The fund will invest primarily in equity securities issued by pharmaceutical, biotechnology, healthcare services, healthcare technology, medical technology and life sciences companies which the adviser believes are leaders and where the magnitude and/or duration of future growth for these companies is underappreciated by the market. Under normal circumstances, the fund invests at least 80% of its assets in the equity securities of healthcare companies.Grade (RS Rating)
Last Trade
$56.11
Average Daily Volume
604
44
Performance
Period | LGHT | JDOC |
---|---|---|
30 Days | -1.96% | -6.59% |
60 Days | -2.17% | -9.31% |
90 Days | -1.81% | -11.64% |
12 Months | 10.13% |
LGHT Overweight 26 Positions Relative to JDOC
Symbol | Grade | Weight | |
---|---|---|---|
GEHC | D | 8.56% | |
RMD | C | 6.71% | |
PODD | C | 5.26% | |
VEEV | C | 5.15% | |
PHG | C | 4.87% | |
ZBH | C | 3.57% | |
BNTX | C | 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% | |
PRVA | C | 0.44% | |
OMCL | C | 0.42% | |
LFST | B | 0.31% | |
TDOC | C | 0.28% | |
PGNY | F | 0.25% | |
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 39 Positions Relative to JDOC
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | -8.8% | |
UNH | B | -8.71% | |
TMO | F | -4.58% | |
ABBV | F | -4.17% | |
DHR | F | -3.86% | |
BSX | A | -3.46% | |
REGN | F | -3.18% | |
MCK | A | -2.94% | |
SYK | B | -2.77% | |
BMY | B | -2.76% | |
VRTX | D | -2.69% | |
MDT | D | -2.54% | |
CI | D | -2.46% | |
JNJ | C | -2.36% | |
HCA | F | -1.62% | |
MRK | D | -1.6% | |
WST | C | -1.0% | |
EXAS | D | -0.9% | |
NTRA | A | -0.85% | |
CNC | D | -0.83% | |
AGIO | C | -0.79% | |
HALO | F | -0.78% | |
ITCI | C | -0.77% | |
NBIX | C | -0.76% | |
AMGN | F | -0.71% | |
INSP | D | -0.69% | |
HUM | C | -0.69% | |
BPMC | B | -0.6% | |
SRPT | F | -0.59% | |
RVMD | C | -0.56% | |
NVS | F | -0.55% | |
BMRN | F | -0.55% | |
TWST | F | -0.52% | |
BIIB | F | -0.46% | |
ACHC | F | -0.41% | |
ALNY | D | -0.38% | |
APLS | F | -0.33% | |
ARVN | F | -0.28% | |
IDXX | F | -0.2% |
LGHT: Top Represented Industries & Keywords
JDOC: Top Represented Industries & Keywords