THNR vs. LGHT ETF Comparison
Comparison of Amplify Weight Loss Drug & Treatment ETF (THNR) to Langar Global HealthTech ETF (LGHT)
THNR
Amplify Weight Loss Drug & Treatment ETF
THNR Description
The fund's manager invests at least 80% of its net assets (plus borrowings for investment purposes) in securities that comprise the index. The index is comprised of global companies who are manufacturers in the GLP-1 agonist pharmaceutical business or who enable such business. GLP-1 agonists (glucagon-like peptide) seek to lower blood sugar levels and reduce appetite and promote fullness, with the ultimate potential for weight loss. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$23.36
Average Daily Volume
2,542
15
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
$10.42
Average Daily Volume
913
31
Performance
Period | THNR | LGHT |
---|---|---|
30 Days | -10.14% | -0.59% |
60 Days | -13.84% | -1.40% |
90 Days | -16.31% | -1.14% |
12 Months |
0 Overlapping Holdings
Symbol | Grade | Weight in THNR | Weight in LGHT | Overlap |
---|
THNR Underweight 31 Positions Relative to LGHT
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | -15.39% | |
GEHC | F | -8.56% | |
RMD | C | -6.71% | |
IQV | D | -6.34% | |
DXCM | D | -5.51% | |
PODD | C | -5.26% | |
VEEV | C | -5.15% | |
PHG | D | -4.87% | |
ZBH | C | -3.57% | |
BNTX | D | -3.53% | |
ALGN | D | -2.85% | |
MASI | A | -2.46% | |
DOCS | C | -2.06% | |
MRNA | F | -1.72% | |
PRCT | B | -1.27% | |
ALKS | B | -0.66% | |
TNDM | F | -0.54% | |
IRTC | D | -0.44% | |
PRVA | B | -0.44% | |
OMCL | C | -0.42% | |
LFST | C | -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% |
THNR: Top Represented Industries & Keywords
LGHT: Top Represented Industries & Keywords