HEAL vs LGHT: which is really different?

HEAL and LGHT hold 32% of their weight in the same names, and LGHT returned +4.0% over the year. Global X HealthTech ETF and Langar Global HealthTech ETF.

27.0%
HEAL in the S&P 500
69.6%
LGHT in the S&P 500
−7.4%
HEAL total return, 1 year
+4.0%
LGHT total return, 1 year
HEAL · 1 year to Sep 30, 202673% of its weight is outside the S&P 500
73% of its weight is outside the S&P 50027% of HEAL's weight is in S&P 500 companies and 73% is outside the index27%73%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 48% of the fund · 43 holdings filed Sep 30, 2026 · Nasdaq-100: 8% in73% of its weight is outside the S&P 50027% of HEAL's weight is in S&P 500 companies and 73% is outside the index27%73%inoutside the S&P 500active share 100% · top ten 48% of the fund

27% of HEAL's weight is in S&P 500 companies and 73% is outside the index

LGHT · 1 year to Sep 30, 202630% of its weight is outside the S&P 500
30% of its weight is outside the S&P 50070% of LGHT's weight is in S&P 500 companies and 30% is outside the index70%30%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 72% of the fund · 28 holdings filed Jun 30, 2026 · Nasdaq-100: 23% in30% of its weight is outside the S&P 50070% of LGHT's weight is in S&P 500 companies and 30% is outside the index70%30%in the S&P 500outsideactive share 100% · top ten 72% of the fund

70% of LGHT's weight is in S&P 500 companies and 30% is outside the index

ETFIQ Off-Index Score · HEAL scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, HEAL and LGHT hold 32% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

half

32% in common

Positions both hold, largest shared weight first
Holding HEAL LGHT
IQVIA HOLDINGS INC 6.14% 5.99%
RESMED INC 3.89% 10.95%
INSULET CORP 2.69% 5.34%
OMNICELL INC 1.08% 0.54%
SCHRODINGER INC 1.62% 0.30%
Only in HEAL
VEEVA SYSTEMS INC-CLASS A 6.00%
OSCAR HEALTH INC - CLASS A 5.65%
TEMPUS AI INC-CL A 5.37%
DEXCOM INC 5.07%
PRO MEDICUS LTD 4.18%
HIMS & HERS HEALTH INC 3.92%
GE HEALTHCARE TECHNOLOGY 3.86%
WAYSTAR HOLDING CORP 3.52%
Only in LGHT
Intuitive Surgical I 11.93%
Moderna Inc 9.59%
Veeva Systems Inc 6.73%
GE HealthCare 6.50%
Koninklijke Philips 5.55%
DEXCOM INC COM 4.82%
Zimmer Biomet Holdin 4.51%
Siemens Healthineers 3.83%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

32% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowHEALLGHTHEALLGHTHEALLGHT
3 months+3.3%+20.1%+0.8 pts+17.6 pts+1.2 pts+18.0 pts
6 months+23.4%+20.3%+6.4 pts+3.4 pts−3.5 pts−6.5 pts
1 year−7.4%+4.0%−23.1 pts−11.8 pts−31.2 pts−19.8 pts
3 years+7.5%not published−77.5 ptsnot published−102.5 ptsnot published
Since launch
HEAL Jul 2020 · LGHT Jan 2024
−36.6%+2.8%−192.9 pts−62.5 pts−230.4 pts−80.9 pts

HEAL and LGHT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

HEAL
Global X HealthTech ETF · Holds 43 stocks in healthcare innovation and GLP-1, 27% of its weight in S&P 500 companies
LGHT
Langar Global HealthTech ETF · Holds 28 stocks in healthcare innovation and GLP-1, 70% of its weight in S&P 500 companies
Issuer Global X Langar
Theme Healthcare innovation and GLP-1 Healthcare innovation and GLP-1
In the S&P 500 27.0% 69.6%
Active share vs the S&P 500 99.6% 99.5%
In the Nasdaq-100 8.3% 23.2%
Holdings 43 28
Top ten, share of the fund 47.6% 71.9%
Expense ratio 0.50% 0.85%
Fee for the differing part 0.50% 0.85%
Total return, 1 year −7.4% +4.0%
vs the S&P 500 −23.1 pts −11.8 pts
vs the Nasdaq-100 −31.2 pts −19.8 pts
Below its high −56.4% −5.9%
Net assets $31m $2m

HEAL and LGHT on the same fields, as of Sep 30, 2026. Source: ETFIQ.

HEAL in plain words

By weight, 27% of HEAL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 48% of the fund across 43 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −7.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 23.1 pts. It sits 56.4% below its all-time high of Feb 12, 2021.

LGHT in plain words

By weight, 70% of LGHT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 72% of the fund across 28 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +4.0% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 11.8 pts. It sits 5.9% below its all-time high of Jan 30, 2025.

Questions people ask

Do HEAL and LGHT hold the same stocks?
By their latest filings, 32% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, HEAL or LGHT?
HEAL has 27% of its weight in S&P 500 names and LGHT has 70%, so HEAL differs more from the index.
Which is cheaper, HEAL or LGHT?
HEAL charges 0.50% a year and LGHT charges 0.85%, so HEAL is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, HEAL against LGHT, data as of Sep 30, 2026. https://etfiq.com/compare/themes/heal-vs-lght

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.