TINY vs. LGHT ETF Comparison

Comparison of ProShares Nanotechnology ETF (TINY) to Langar Global HealthTech ETF (LGHT)
TINY

ProShares Nanotechnology ETF

TINY Description

TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.

Grade (RS Rating)

Last Trade

$45.87

Average Daily Volume

935

Number of Holdings *

21

* may have additional holdings in another (foreign) market
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

Number of Holdings *

31

* may have additional holdings in another (foreign) market
Performance
Period TINY LGHT
30 Days -1.88% -0.59%
60 Days -3.56% -1.40%
90 Days -7.38% -1.14%
12 Months 20.57%
0 Overlapping Holdings
Symbol Grade Weight in TINY Weight in LGHT Overlap
TINY Overweight 21 Positions Relative to LGHT
Symbol Grade Weight
INTC D 5.34%
COHR B 4.86%
NVDA C 4.83%
A D 4.76%
TSM B 4.64%
ENTG D 4.63%
KLAC D 4.5%
AMAT F 4.47%
LRCX F 4.43%
BRKR D 4.16%
ACLS F 3.92%
ONTO D 3.86%
UCTT D 3.6%
VECO F 3.38%
NVAX F 2.84%
ACMR F 2.4%
MRVI F 1.46%
LASR D 1.14%
SKYT D 0.85%
LWLG F 0.79%
TKNO B 0.69%
TINY 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%
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