PBE vs. LGHT ETF Comparison
Comparison of PowerShares Dynamic Biotech & Genome (PBE) to Langar Global HealthTech ETF (LGHT)
PBE
PowerShares Dynamic Biotech & Genome
PBE Description
The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$66.59
Average Daily Volume
5,664
30
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
$10.25
Average Daily Volume
820
31
Performance
| Period | PBE | LGHT |
|---|---|---|
| 30 Days | -3.87% | -4.07% |
| 60 Days | -6.68% | -3.03% |
| 90 Days | -7.02% | -1.92% |
| 12 Months | 17.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PBE | Weight in LGHT | Overlap |
|---|
PBE Overweight 30 Positions Relative to LGHT
| Symbol | Grade | Weight | |
|---|---|---|---|
| UTHR | C | 5.84% | |
| ILMN | C | 5.74% | |
| AMGN | D | 4.95% | |
| ALNY | D | 4.92% | |
| BIIB | F | 4.23% | |
| NBIX | C | 4.1% | |
| EXEL | B | 3.82% | |
| XNCR | B | 3.74% | |
| MNKD | B | 3.7% | |
| BMRN | F | 3.69% | |
| INCY | C | 3.45% | |
| REGN | F | 3.43% | |
| TGTX | B | 3.38% | |
| CPRX | C | 3.17% | |
| VCYT | B | 3.09% | |
| ACAD | C | 3.04% | |
| NTRA | A | 3.03% | |
| PTGX | D | 2.97% | |
| BPMC | C | 2.94% | |
| TECH | F | 2.9% | |
| VCEL | A | 2.74% | |
| HALO | F | 2.62% | |
| RGEN | F | 2.61% | |
| QGEN | F | 2.58% | |
| BCRX | D | 2.56% | |
| OPK | B | 2.5% | |
| COLL | F | 2.31% | |
| NVAX | F | 2.17% | |
| CDNA | D | 2.02% | |
| MYGN | F | 1.72% |
PBE Underweight 31 Positions Relative to LGHT
| Symbol | Grade | Weight | |
|---|---|---|---|
| ISRG | A | -15.39% | |
| GEHC | D | -8.56% | |
| RMD | C | -6.71% | |
| IQV | F | -6.34% | |
| DXCM | C | -5.51% | |
| PODD | B | -5.26% | |
| VEEV | C | -5.15% | |
| PHG | F | -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 | F | -0.54% | |
| IRTC | C | -0.44% | |
| PRVA | C | -0.44% | |
| OMCL | C | -0.42% | |
| LFST | C | -0.31% | |
| TDOC | D | -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 | F | -0.07% | |
| MODV | D | -0.03% | |
| TBRG | A | -0.03% |
PBE: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords
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