LGHT vs. RJMG ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to FT Raymond James Multicap Growth Equity ETF (RJMG)
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
RJMG
FT Raymond James Multicap Growth Equity ETF
RJMG Description
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity securities. The fund seeks to achieve its objective by investing in a portfolio of U.S.-listed equity securities, including common stocks and real estate investment trusts ("REITs") that exhibit growth characteristics and are rated "Strong Buy" or "Outperform" by a model developed and overseen by the fund"s non-discretionary investment sub-advisor, Raymond James & Associates, Inc. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.94
Average Daily Volume
536
40
Performance
Period | LGHT | RJMG |
---|---|---|
30 Days | -3.23% | -1.44% |
60 Days | -3.02% | 0.77% |
90 Days | 2.70% | 9.44% |
12 Months |
0 Overlapping Holdings
Symbol | Grade | Weight in LGHT | Weight in RJMG | Overlap |
---|
LGHT Overweight 31 Positions Relative to RJMG
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% | |
TNDM | F | 0.6% | |
ALKS | F | 0.6% | |
OMCL | B | 0.45% | |
EVH | D | 0.41% | |
IRTC | C | 0.39% | |
PRVA | B | 0.38% | |
LFST | C | 0.3% | |
TDOC | C | 0.29% | |
PGNY | F | 0.28% | |
GDRX | F | 0.27% | |
ALHC | A | 0.2% | |
SDGR | F | 0.19% | |
PHR | F | 0.15% | |
ACCD | F | 0.06% | |
TBRG | A | 0.03% | |
MODV | F | 0.03% |
LGHT Underweight 40 Positions Relative to RJMG
Symbol | Grade | Weight | |
---|---|---|---|
THC | C | -2.82% | |
OSCR | C | -2.71% | |
SHAK | A | -2.7% | |
GDDY | A | -2.64% | |
WELL | A | -2.63% | |
PSN | A | -2.63% | |
GOOGL | A | -2.61% | |
NTRA | B | -2.59% | |
WIX | B | -2.56% | |
MYGN | F | -2.56% | |
PLXS | A | -2.55% | |
CRM | A | -2.53% | |
QTWO | A | -2.53% | |
SPOT | A | -2.53% | |
GWRE | B | -2.52% | |
BSX | C | -2.52% | |
KLAC | F | -2.52% | |
ALL | C | -2.51% | |
CRWD | C | -2.51% | |
MSI | B | -2.51% | |
WMT | A | -2.51% | |
META | B | -2.5% | |
HPE | A | -2.5% | |
AMZN | A | -2.5% | |
PG | D | -2.49% | |
COST | D | -2.49% | |
HUBS | B | -2.49% | |
CL | F | -2.48% | |
FTNT | B | -2.46% | |
AAPL | C | -2.45% | |
RDNT | D | -2.45% | |
AMT | D | -2.44% | |
DECK | B | -2.41% | |
MSFT | D | -2.4% | |
NEM | D | -2.39% | |
NVDA | B | -2.39% | |
MU | C | -2.36% | |
UBER | C | -2.35% | |
MPWR | F | -2.16% | |
WING | F | -1.99% |
LGHT: Top Represented Industries & Keywords
RJMG: Top Represented Industries & Keywords