LGHT vs. PTH ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to Invesco DWA Healthcare Momentum ETF (PTH)
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
PTH
Invesco DWA Healthcare Momentum ETF
PTH Description
The PowerShares Dynamic Healthcare Sector Portfolio (Fund) is based on the Dynamic Healthcare Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US health care companies. These are companies that are principally engaged in the business of providing health care-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$45.09
Average Daily Volume
8,129
53
Performance
Period | LGHT | PTH |
---|---|---|
30 Days | -1.96% | -2.94% |
60 Days | -2.17% | -5.03% |
90 Days | -1.81% | -5.36% |
12 Months | 36.40% |
LGHT Overweight 27 Positions Relative to PTH
Symbol | Grade | Weight | |
---|---|---|---|
GEHC | D | 8.56% | |
RMD | C | 6.71% | |
IQV | F | 6.34% | |
DXCM | C | 5.51% | |
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% | |
ALKS | C | 0.66% | |
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% | |
PHR | F | 0.17% | |
ACCD | D | 0.07% | |
MODV | C | 0.03% | |
TBRG | B | 0.03% |
LGHT Underweight 49 Positions Relative to PTH
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | -4.11% | |
THC | D | -3.88% | |
NTRA | A | -3.81% | |
INSM | C | -3.81% | |
PCVX | D | -3.64% | |
SAVA | C | -3.28% | |
HCA | F | -2.98% | |
ADMA | B | -2.8% | |
COR | B | -2.5% | |
DVA | C | -2.47% | |
CPRX | C | -2.43% | |
ABBV | F | -2.4% | |
UHS | D | -2.24% | |
RDNT | B | -2.23% | |
ENSG | C | -2.09% | |
NRIX | C | -2.08% | |
TGTX | B | -2.05% | |
KRYS | C | -2.02% | |
GKOS | B | -1.91% | |
HROW | D | -1.88% | |
REGN | F | -1.88% | |
OSCR | D | -1.78% | |
CORT | B | -1.76% | |
NUVL | C | -1.73% | |
MMSI | A | -1.69% | |
CRNX | C | -1.68% | |
KYMR | D | -1.63% | |
RVMD | C | -1.55% | |
AGIO | C | -1.43% | |
PTGX | D | -1.29% | |
CRVL | B | -1.2% | |
TVTX | B | -1.11% | |
AMRX | C | -1.1% | |
LMAT | A | -1.08% | |
SPRY | C | -1.05% | |
OCUL | D | -1.0% | |
DNLI | D | -0.97% | |
UFPT | C | -0.95% | |
AKRO | B | -0.8% | |
CDMO | A | -0.8% | |
COGT | D | -0.75% | |
REPL | D | -0.74% | |
MNKD | C | -0.73% | |
EOLS | D | -0.72% | |
BLFS | C | -0.66% | |
ASTH | F | -0.52% | |
CYH | F | -0.51% | |
PHAT | F | -0.48% | |
ANAB | F | -0.43% |
LGHT: Top Represented Industries & Keywords
PTH: Top Represented Industries & Keywords