LGHT vs. QMOM ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to MomentumShares U.S. Quantitative Momentum ETF (QMOM)
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
QMOM
MomentumShares U.S. Quantitative Momentum ETF
QMOM Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. The fund will invest primarily in the exchange-listed common stock of U.S. companies. The fund may invest in securities of companies in any industry and of any market capitalization. Although the fund generally expects to invest in companies with larger market capitalizations, the fund may invest in small- and mid-capitalization companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$70.36
Average Daily Volume
25,091
48
Performance
| Period | LGHT | QMOM |
|---|---|---|
| 30 Days | -1.96% | 8.58% |
| 60 Days | -2.17% | 10.20% |
| 90 Days | -1.81% | 14.22% |
| 12 Months | 52.40% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in QMOM | Overlap | |
|---|---|---|---|---|---|
| ISRG | A | 15.39% | 1.98% | 1.98% |
LGHT Overweight 30 Positions Relative to QMOM
| 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% | |
| 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 47 Positions Relative to QMOM
| Symbol | Grade | Weight | |
|---|---|---|---|
| SPOT | B | -2.3% | |
| NTRA | A | -2.27% | |
| ADMA | B | -2.27% | |
| POWL | C | -2.25% | |
| SFM | A | -2.24% | |
| EME | A | -2.18% | |
| FICO | B | -2.18% | |
| SYF | B | -2.17% | |
| GDDY | A | -2.17% | |
| GNRC | C | -2.15% | |
| JEF | A | -2.14% | |
| EVR | B | -2.12% | |
| HWM | A | -2.12% | |
| WING | D | -2.11% | |
| VST | A | -2.1% | |
| RCL | A | -2.1% | |
| DVA | C | -2.08% | |
| EAT | A | -2.08% | |
| TT | A | -2.06% | |
| FITB | B | -2.03% | |
| CRS | B | -2.02% | |
| KKR | A | -2.02% | |
| AXP | A | -2.0% | |
| STEP | C | -2.0% | |
| ANF | F | -2.0% | |
| BLDR | D | -1.98% | |
| MMM | D | -1.96% | |
| PWR | A | -1.96% | |
| NRG | B | -1.95% | |
| TOL | B | -1.95% | |
| GWRE | A | -1.94% | |
| GE | D | -1.93% | |
| TXRH | B | -1.93% | |
| THC | D | -1.93% | |
| BLD | D | -1.92% | |
| NVR | D | -1.91% | |
| CBRE | B | -1.88% | |
| WSM | C | -1.87% | |
| LEN | D | -1.87% | |
| META | D | -1.84% | |
| TRU | D | -1.84% | |
| UHS | D | -1.83% | |
| HCA | F | -1.81% | |
| PSN | D | -1.73% | |
| SN | D | -1.72% | |
| CEG | C | -1.62% | |
| ZETA | D | -1.12% |
LGHT: Top Represented Industries & Keywords
QMOM: Top Represented Industries & Keywords
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