LGHT vs. MID ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to American Century Mid Cap Growth Impact ETF (MID)
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

Number of Holdings *

31

* may have additional holdings in another (foreign) market
MID

American Century Mid Cap Growth Impact ETF

MID Description The investment seeks long-term capital growth. The fund will invest principally in exchange-traded common stocks. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of medium capitalization companies that the portfolio managers believe will create impact by aligning with at least one of the SDGs. The fund may purchase securities of small and large capitalization companies as well. It may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.07

Average Daily Volume

4,888

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period LGHT MID
30 Days -1.96% 3.26%
60 Days -2.17% 4.03%
90 Days -1.81% 6.95%
12 Months 35.61%
4 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in MID Overlap
DXCM C 5.51% 1.33% 1.33%
GEHC D 8.56% 1.27% 1.27%
IQV F 6.34% 1.59% 1.59%
PODD C 5.26% 1.5% 1.5%
LGHT Overweight 27 Positions Relative to MID
Symbol Grade Weight
ISRG A 15.39%
RMD C 6.71%
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%
IRTC C 0.44%
PRVA C 0.44%
OMCL C 0.42%
LFST B 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 36 Positions Relative to MID
Symbol Grade Weight
MSCI C -5.64%
ESI B -4.85%
DUOL A -4.55%
MPWR F -4.05%
POOL C -4.0%
AVNT C -3.95%
BFAM D -3.94%
NET B -3.77%
LII A -3.48%
MANH D -3.47%
RSG A -3.45%
CMG B -3.05%
CDW F -2.72%
CHD A -2.72%
HUBB B -2.71%
CDNS B -2.63%
TRGP A -2.44%
VST A -2.37%
ENPH F -2.26%
IDXX F -2.16%
NTRA A -2.07%
ONON A -2.07%
XYL D -1.93%
ABNB C -1.9%
EFX F -1.86%
ALNY D -1.78%
COR B -1.74%
ARGX B -1.69%
TPG A -1.6%
NU C -1.53%
VRT B -1.48%
CNM D -1.37%
TECH F -1.07%
BLD D -0.98%
AZEK A -0.98%
J D -0.87%
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