LGHT vs. PIO ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to PowerShares Global Water Portfolio (PIO)

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

$10.67

Average Daily Volume

372

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

PIO

PowerShares Global Water Portfolio

PIO Description

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$42.95

Average Daily Volume

7,460

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	LGHT	PIO
30 Days	1.69%	3.12%
60 Days	5.18%	3.21%
90 Days	3.44%	6.37%
12 Months		28.53%

0 Overlapping Holdings

	Symbol	Grade	Weight in LGHT	Weight in PIO	Overlap

LGHT Overweight 8 Positions Relative to PIO

	Symbol	Grade	Weight
	ISRG	C	22.61%
	GEHC	B	6.69%
	DXCM	F	5.93%
	IQV	D	5.91%
	RMD	C	5.43%
	PHG	A	5.04%
	VEEV	C	4.53%
	ZBH	F	3.58%

LGHT Underweight 12 Positions Relative to PIO

	Symbol	Grade	Weight
	PNR	B	-9.13%
	ECL	B	-8.48%
	ROP	C	-8.2%
	AWK	C	-4.41%
	VLTO	B	-4.17%
	WAT	B	-3.87%
	XYL	C	-3.59%
	IEX	C	-2.09%
	CNM	F	-2.03%
	AOS	B	-1.92%
	WMS	D	-1.58%
	CWCO	F	-0.39%

LGHT: Top Represented Industries & Keywords

Industries: Diagnostics & Research Medical Instruments & Supplies Health Information Services Health Information Services Medical Devices

Keywords: S&P 500 Medicine Nasdaq 100 Healthcare Dealers Healthcare Providers Magnetic Resonance Imaging Surgery Telehealth Telemedicine 3 D Aesthetics Artificial Intelligence In Healthcare Beauty Products Beverage Appliances Biopharmaceutical Development Blood Glucose Monitoring Bone Breathing CRM Camera

PIO: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Water Diagnostics & Research Industrial Distribution Pollution & Treatment Controls Rubber & Plastics Specialty Chemicals

Keywords: S&P 500 Chemical Irrigation Water Water Treatment Beverage Boiler Chemical Process Chemical Processing Construction Dover Corporation Drug Discovery Electronics Injector Mining Pharmaceutical Plastic Plumbing Sanitation Sewerage