LGHT vs. PSCH ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to PowerShares S&P SmallCap Health Care Portfolio (PSCH)
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
$10.28
Average Daily Volume
686
31
PSCH
PowerShares S&P SmallCap Health Care Portfolio
PSCH Description
The PowerShares S&P SmallCap Health Care Portfolio (Fund) is based on the S&P SmallCap 600® Capped Health Care Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks in the health care sector. Included are healthcare companies principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$44.15
Average Daily Volume
10,603
69
Performance
Period | LGHT | PSCH |
---|---|---|
30 Days | -3.23% | -2.39% |
60 Days | -3.02% | -6.20% |
90 Days | 2.70% | -2.02% |
12 Months | 25.35% |
LGHT Overweight 25 Positions Relative to PSCH
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | B | 14.59% | |
GEHC | D | 9.12% | |
RMD | A | 7.12% | |
IQV | F | 6.5% | |
DXCM | C | 5.26% | |
PHG | D | 5.01% | |
VEEV | B | 4.73% | |
PODD | A | 4.72% | |
BNTX | B | 3.9% | |
ZBH | C | 3.55% | |
ALGN | F | 2.67% | |
MRNA | F | 2.38% | |
MASI | A | 2.24% | |
DOCS | A | 1.67% | |
PRCT | A | 1.35% | |
EVH | D | 0.41% | |
IRTC | C | 0.39% | |
LFST | C | 0.3% | |
TDOC | C | 0.29% | |
GDRX | F | 0.27% | |
ALHC | A | 0.2% | |
PHR | F | 0.15% | |
ACCD | F | 0.06% | |
TBRG | A | 0.03% | |
MODV | F | 0.03% |
LGHT Underweight 63 Positions Relative to PSCH
Symbol | Grade | Weight | |
---|---|---|---|
GKOS | B | -4.85% | |
INSP | D | -3.9% | |
MMSI | B | -3.77% | |
CORT | B | -3.04% | |
OGN | D | -3.01% | |
RDNT | D | -2.99% | |
KRYS | C | -2.97% | |
ICUI | C | -2.95% | |
ITGR | D | -2.88% | |
HIMS | B | -2.76% | |
TMDX | F | -2.69% | |
ADMA | B | -2.49% | |
PBH | A | -2.43% | |
SEM | B | -2.34% | |
TGTX | A | -2.1% | |
CRVL | D | -1.88% | |
PTGX | B | -1.87% | |
CPRX | A | -1.62% | |
ADUS | D | -1.57% | |
ASTH | C | -1.54% | |
NARI | A | -1.5% | |
PINC | A | -1.42% | |
VCEL | D | -1.41% | |
UFPT | D | -1.39% | |
MYGN | F | -1.38% | |
LGND | A | -1.33% | |
CNMD | D | -1.3% | |
AMPH | A | -1.29% | |
SUPN | B | -1.27% | |
LMAT | B | -1.21% | |
NEO | D | -1.14% | |
FTRE | F | -1.13% | |
PDCO | F | -1.13% | |
AMN | F | -1.02% | |
STAA | F | -1.01% | |
NHC | C | -1.0% | |
DVAX | A | -0.9% | |
XNCR | A | -0.89% | |
IART | C | -0.87% | |
USPH | F | -0.84% | |
COLL | F | -0.79% | |
CERT | F | -0.78% | |
AHCO | D | -0.76% | |
INVA | C | -0.74% | |
MD | A | -0.72% | |
HRMY | D | -0.7% | |
AVNS | F | -0.7% | |
AORT | A | -0.69% | |
ANIP | F | -0.67% | |
OMI | F | -0.66% | |
RCUS | F | -0.64% | |
EMBC | C | -0.55% | |
BLFS | B | -0.54% | |
PCRX | C | -0.54% | |
HSTM | A | -0.47% | |
VIR | B | -0.47% | |
MLAB | D | -0.44% | |
IRWD | F | -0.38% | |
SLP | F | -0.37% | |
CTKB | F | -0.35% | |
PAHC | B | -0.33% | |
RGNX | F | -0.3% | |
FLGT | C | -0.26% |
LGHT: Top Represented Industries & Keywords
PSCH: Top Represented Industries & Keywords