LGHT vs. TINY ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to ProShares Nanotechnology ETF (TINY)
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
TINY
ProShares Nanotechnology ETF
TINY Description
TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.Grade (RS Rating)
Last Trade
$45.51
Average Daily Volume
933
21
Performance
| Period | LGHT | TINY |
|---|---|---|
| 30 Days | -1.96% | -3.84% |
| 60 Days | -2.17% | -3.74% |
| 90 Days | -1.81% | -8.10% |
| 12 Months | 19.64% |
0 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in TINY | Overlap |
|---|
LGHT Overweight 31 Positions Relative to TINY
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | 15.39% | |
| 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 21 Positions Relative to TINY
| Symbol | Grade | Weight | |
|---|---|---|---|
| INTC | C | -5.34% | |
| COHR | B | -4.86% | |
| NVDA | B | -4.83% | |
| A | D | -4.76% | |
| TSM | B | -4.64% | |
| ENTG | D | -4.63% | |
| KLAC | F | -4.5% | |
| AMAT | F | -4.47% | |
| LRCX | F | -4.43% | |
| BRKR | D | -4.16% | |
| ACLS | F | -3.92% | |
| ONTO | F | -3.86% | |
| UCTT | D | -3.6% | |
| VECO | F | -3.38% | |
| NVAX | F | -2.84% | |
| ACMR | D | -2.4% | |
| MRVI | F | -1.46% | |
| LASR | D | -1.14% | |
| SKYT | D | -0.85% | |
| LWLG | D | -0.79% | |
| TKNO | B | -0.69% |
LGHT: Top Represented Industries & Keywords
TINY: Top Represented Industries & Keywords
Compare ETFs
