LGHT vs. XLV ETF Comparison
Comparison of Langar Global HealthTech ETF (LGHT) to SPDR Select Sector Fund - Health Care (XLV)
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
XLV
SPDR Select Sector Fund - Health Care
XLV Description
The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Health Care Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: pharmaceuticals; health care equipment & supplies; health care providers & services; biotechnology; life sciences tools & services; and health care technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$144.03
Average Daily Volume
6,842,860
61
Performance
Period | LGHT | XLV |
---|---|---|
30 Days | -1.96% | -4.69% |
60 Days | -2.17% | -6.90% |
90 Days | -1.81% | -7.00% |
12 Months | 12.17% |
LGHT Overweight 22 Positions Relative to XLV
Symbol | Grade | Weight | |
---|---|---|---|
VEEV | C | 5.15% | |
PHG | C | 4.87% | |
BNTX | C | 3.53% | |
MASI | B | 2.46% | |
DOCS | C | 2.06% | |
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 52 Positions Relative to XLV
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | -11.9% | |
UNH | B | -10.4% | |
JNJ | C | -6.86% | |
ABBV | F | -5.59% | |
MRK | D | -4.64% | |
TMO | F | -3.85% | |
ABT | B | -3.74% | |
AMGN | F | -3.01% | |
DHR | F | -2.89% | |
PFE | F | -2.81% | |
SYK | B | -2.47% | |
BSX | A | -2.43% | |
VRTX | D | -2.37% | |
BMY | B | -2.2% | |
GILD | C | -2.14% | |
MDT | D | -2.1% | |
ELV | F | -1.77% | |
CI | D | -1.72% | |
REGN | F | -1.59% | |
MCK | A | -1.51% | |
ZTS | D | -1.49% | |
CVS | D | -1.27% | |
BDX | F | -1.24% | |
HCA | F | -1.21% | |
COR | B | -0.81% | |
EW | C | -0.74% | |
A | D | -0.73% | |
IDXX | F | -0.66% | |
HUM | C | -0.65% | |
CNC | D | -0.57% | |
CAH | B | -0.57% | |
MTD | F | -0.5% | |
WST | C | -0.46% | |
BIIB | F | -0.45% | |
WAT | C | -0.43% | |
STE | D | -0.41% | |
LH | B | -0.38% | |
MOH | F | -0.34% | |
HOLX | D | -0.34% | |
DGX | A | -0.33% | |
BAX | F | -0.31% | |
VTRS | A | -0.29% | |
RVTY | F | -0.27% | |
INCY | C | -0.24% | |
TECH | F | -0.22% | |
UHS | D | -0.22% | |
CRL | D | -0.2% | |
CTLT | C | -0.2% | |
SOLV | D | -0.18% | |
TFX | F | -0.17% | |
HSIC | C | -0.16% | |
DVA | C | -0.13% |
LGHT: Top Represented Industries & Keywords
XLV: Top Represented Industries & Keywords