LGHT vs. WBIF ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to WBI Large Cap Tactical Value Shares (WBIF)
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
WBIF
WBI Large Cap Tactical Value Shares
WBIF Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$30.07
Average Daily Volume
1,654
43
Performance
| Period | LGHT | WBIF |
|---|---|---|
| 30 Days | -1.96% | 2.86% |
| 60 Days | -2.17% | 3.49% |
| 90 Days | -1.81% | 3.85% |
| 12 Months | 12.70% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LGHT | Weight in WBIF | Overlap | |
|---|---|---|---|---|---|
| RMD | C | 6.71% | 1.23% | 1.23% |
LGHT Overweight 30 Positions Relative to WBIF
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | 15.39% | |
| GEHC | D | 8.56% | |
| 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 42 Positions Relative to WBIF
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRB | A | -4.74% | |
| UHS | D | -4.68% | |
| FIX | A | -4.58% | |
| KBH | D | -4.54% | |
| NXST | C | -4.43% | |
| V | A | -4.26% | |
| CI | D | -4.26% | |
| DKS | D | -4.24% | |
| PRU | A | -4.14% | |
| ACN | B | -3.98% | |
| UNM | A | -3.93% | |
| MCK | A | -3.93% | |
| AMAT | F | -3.55% | |
| RGA | A | -3.26% | |
| VOYA | B | -3.26% | |
| OXY | D | -2.81% | |
| PHM | D | -2.6% | |
| MMC | B | -2.12% | |
| CF | A | -1.86% | |
| ADP | A | -1.53% | |
| AXP | A | -1.53% | |
| AME | A | -1.46% | |
| G | B | -1.44% | |
| PRI | B | -1.42% | |
| PAYX | B | -1.39% | |
| BR | A | -1.36% | |
| TXRH | B | -1.33% | |
| CASY | A | -1.28% | |
| FLTR | A | -0.76% | |
| FALN | A | -0.75% | |
| AGZD | A | -0.75% | |
| FTSL | A | -0.69% | |
| ALSN | B | -0.67% | |
| THG | A | -0.59% | |
| DCI | B | -0.56% | |
| GL | C | -0.55% | |
| STIP | C | -0.54% | |
| TOL | B | -0.54% | |
| ALLE | C | -0.53% | |
| CBT | D | -0.53% | |
| DOX | D | -0.52% | |
| BKLN | A | -0.32% |
LGHT: Top Represented Industries & Keywords
WBIF: Top Represented Industries & Keywords
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