LGHT vs. XHS ETF Comparison

Comparison of Langar Global HealthTech ETF (LGHT) to SPDR S&P Health Care Services ETF (XHS)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHS

SPDR S&P Health Care Services ETF

XHS Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$93.99

Average Daily Volume

4,053

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGHT	XHS
30 Days	-3.23%	-0.95%
60 Days	-3.02%	-4.85%
90 Days	2.70%	-3.13%
12 Months		18.61%

6 Overlapping Holdings

Symbol	Grade	Weight in LGHT	Weight in XHS	Overlap
ACCD	F	0.06%	0.57%	0.06%
ALHC	A	0.2%	1.11%	0.2%
LFST	C	0.3%	1.17%	0.3%
MODV	F	0.03%	0.53%	0.03%
PGNY	F	0.28%	1.32%	0.28%
PRVA	B	0.38%	1.8%	0.38%

LGHT Overweight 25 Positions Relative to XHS

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%
TDOC	C	0.29%
GDRX	F	0.27%
SDGR	F	0.19%
PHR	F	0.15%
TBRG	A	0.03%

LGHT Underweight 52 Positions Relative to XHS

Symbol	Grade	Weight
HIMS	B	-2.4%
HQY	B	-2.3%
EHC	A	-2.25%
LH	A	-2.18%
ENSG	A	-2.14%
RCM	A	-2.13%
DGX	B	-2.12%
HSIC	D	-2.11%
PINC	A	-2.1%
CVS	F	-2.06%
AMED	C	-2.06%
MCK	C	-2.04%
RDNT	D	-2.03%
PDCO	F	-2.03%
THC	C	-2.02%
ADUS	D	-2.02%
CAH	B	-2.02%
UNH	C	-2.01%
COR	A	-2.01%
CHE	F	-1.98%
SGRY	F	-1.96%
HCA	D	-1.92%
SEM	B	-1.92%
MOH	D	-1.89%
UHS	D	-1.85%
CI	D	-1.82%
DVA	D	-1.8%
BKD	D	-1.75%
CNC	D	-1.74%
GH	D	-1.72%
AMN	F	-1.7%
CLOV	A	-1.69%
HUM	F	-1.69%
OMI	F	-1.55%
ELV	F	-1.55%
AGL	F	-1.53%
OPCH	F	-1.52%
USPH	F	-1.52%
CRVL	D	-1.43%
CSTL	A	-1.4%
ASTH	C	-1.31%
AHCO	D	-1.29%
NEO	D	-1.26%
MD	A	-1.19%
ACHC	F	-1.15%
NHC	C	-0.94%
PNTG	D	-0.72%
CCRN	F	-0.68%
CYH	D	-0.65%
OPK	C	-0.61%
FLGT	C	-0.51%
NRC	F	-0.3%