LGHT vs. SMHB ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)
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

$10.30

Average Daily Volume

688

Number of Holdings *

31

* may have additional holdings in another (foreign) market
SMHB

ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

SMHB Description The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$5.68

Average Daily Volume

32,383

Number of Holdings *

90

* may have additional holdings in another (foreign) market
Performance
Period LGHT SMHB
30 Days -2.47% -6.71%
60 Days -1.15% -0.25%
90 Days 3.76% 3.93%
12 Months 14.64%
0 Overlapping Holdings
Symbol Grade Weight in LGHT Weight in SMHB Overlap
LGHT Overweight 31 Positions Relative to SMHB
Symbol Grade Weight
ISRG B 14.59%
GEHC D 9.12%
RMD B 7.12%
IQV F 6.5%
DXCM D 5.26%
PHG D 5.01%
VEEV C 4.73%
PODD A 4.72%
BNTX C 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 D 0.6%
ALKS D 0.6%
OMCL A 0.45%
EVH D 0.41%
IRTC C 0.39%
PRVA C 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 B 0.03%
MODV F 0.03%
LGHT Underweight 90 Positions Relative to SMHB
Symbol Grade Weight
SLG B -4.87%
XRX F -4.09%
DTM A -3.81%
BXMT C -3.43%
DSS C -2.87%
TWO F -2.87%
CIM D -2.62%
BDN D -2.41%
BGS C -2.41%
SBRA B -2.38%
EPR D -2.34%
ABR B -2.21%
APAM A -2.02%
PAGP C -1.88%
UNIT A -1.86%
UWMC F -1.84%
ARR D -1.65%
NHI D -1.64%
ORC F -1.51%
CCOI B -1.51%
PSEC D -1.47%
IVR F -1.43%
DEA C -1.35%
PMT D -1.35%
MFA D -1.27%
RWT D -1.24%
CTRE B -1.16%
PETS C -1.13%
MAIN C -1.09%
HTGC C -1.03%
ARI D -1.02%
GNL D -1.01%
FCPT D -1.0%
EFC D -1.0%
PDM B -0.99%
GSBD F -0.94%
NEWT B -0.94%
NYMT D -0.93%
LTC A -0.91%
DX C -0.89%
KREF B -0.8%
VGR B -0.79%
NWBI D -0.77%
GBDC D -0.73%
CODI D -0.72%
VNOM A -0.65%
SCS F -0.65%
RC F -0.65%
ACRE F -0.64%
LADR C -0.62%
TSLX D -0.62%
HESM F -0.59%
UVV B -0.54%
OCSL F -0.54%
AROC D -0.53%
GMRE D -0.5%
ILPT F -0.49%
BRSP C -0.49%
WSR B -0.46%
ALX D -0.45%
GTY C -0.44%
OPI F -0.4%
RMR D -0.38%
NMFC F -0.38%
UHT D -0.36%
GPMT C -0.34%
CSWC F -0.34%
GOOD A -0.33%
FSP A -0.29%
TRTX A -0.29%
TCPC F -0.27%
AHH D -0.27%
CGBD C -0.25%
BCSF C -0.24%
TPVG F -0.23%
PFLT D -0.23%
SLRC C -0.23%
UVE D -0.22%
BBDC D -0.22%
KRO B -0.2%
EBF F -0.18%
GAIN B -0.17%
PNNT D -0.16%
OLP D -0.16%
FDUS D -0.16%
GLAD B -0.15%
BFS D -0.14%
TRIN D -0.12%
CCAP C -0.1%
REPX D -0.07%
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