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
31
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
40
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% |
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% |
LGHT: Top Represented Industries & Keywords
MID: Top Represented Industries & Keywords