LGHT vs WDNA: which is really different?

LGHT and WDNA hold 5% of their weight in the same names, and WDNA returned +58.6% over the year. Langar Global HealthTech ETF and WisdomTree BioRevolution Fund.

69.6%
LGHT in the S&P 500
25.9%
WDNA in the S&P 500
+4.0%
LGHT total return, 1 year
+58.6%
WDNA total return, 1 year
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

WDNA · 1 year to Sep 30, 202674% of its weight is outside the S&P 500
74% of its weight is outside the S&P 50026% of WDNA's weight is in S&P 500 companies and 74% is outside the index26%74%in the S&P 500of its weight outside the S&P 500active share 95% · top ten 31% of the fund · 80 holdings filed Jun 30, 2026 · Nasdaq-100: 6% in74% of its weight is outside the S&P 50026% of WDNA's weight is in S&P 500 companies and 74% is outside the index26%74%inoutside the S&P 500active share 95% · top ten 31% of the fund

26% of WDNA's weight is in S&P 500 companies and 74% is outside the index

ETFIQ Off-Index Score · LGHT 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, LGHT and WDNA hold 5% 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.

half

5% in common

Positions both hold, largest shared weight first
Holding LGHT WDNA
Moderna Inc 9.59% 4.15%
BioNTech SE 3.46% 0.88%
Only in LGHT
Intuitive Surgical I 11.93%
ResMed Inc 10.95%
Veeva Systems Inc 6.73%
GE HealthCare 6.50%
IQVIA Holdings Inc 5.99%
Koninklijke Philips 5.55%
Insulet Corp 5.34%
DEXCOM INC COM 4.82%
Only in WDNA
TWIST BIOSCIENCE CORP 5.96%
ELI LILLY & COMPANY 4.08%
JOHNSON & JOHNSON 2.97%
UNITED THERAPEUTICS CORP 2.45%
NATERA INC 2.33%
TEMPUS AI INC 2.29%
IMMUNOME INC 2.26%
STRUCTURE THERAPEUTICS INC 2.12%

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

5% 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
WindowLGHTWDNALGHTWDNALGHTWDNA
3 months+20.1%+16.6%+17.6 pts+14.1 pts+18.0 pts+14.5 pts
6 months+20.3%+36.5%+3.4 pts+19.5 pts−6.5 pts+9.6 pts
1 year+4.0%+58.6%−11.8 pts+42.9 pts−19.8 pts+34.8 pts
3 yearsnot published+69.0%not published−16.0 ptsnot published−41.0 pts
Since launch
LGHT Jan 2024 · WDNA Jun 2021
+2.8%+2.8%−62.5 pts−93.2 pts−80.9 pts−128.7 pts

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

On the same fields

LGHT
Langar Global HealthTech ETF · Holds 28 stocks in healthcare innovation and GLP-1, 70% of its weight in S&P 500 companies
WDNA
WisdomTree BioRevolution Fund · Holds 80 stocks in healthcare innovation and GLP-1, 26% of its weight in S&P 500 companies
Issuer Langar WisdomTree
Theme Healthcare innovation and GLP-1 Healthcare innovation and GLP-1
In the S&P 500 69.6% 25.9%
Active share vs the S&P 500 99.5% 95.3%
In the Nasdaq-100 23.2% 5.8%
Holdings 28 80
Top ten, share of the fund 71.9% 30.7%
Expense ratio 0.85% 0.45%
Fee for the differing part 0.85% 0.47%
Total return, 1 year +4.0% +58.6%
vs the S&P 500 −11.8 pts +42.9 pts
vs the Nasdaq-100 −19.8 pts +34.8 pts
Below its high −5.9% −8.1%
Net assets $2m $4m

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

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.

WDNA in plain words

By weight, 26% of WDNA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 31% of the fund across 80 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +58.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 42.9 pts. It sits 8.1% below its all-time high of Sep 2, 2021.

Questions people ask

Do LGHT and WDNA hold the same stocks?
By their latest filings, 5% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, LGHT or WDNA?
LGHT has 70% of its weight in S&P 500 names and WDNA has 26%, so LGHT differs more from the index.
Which is cheaper, LGHT or WDNA?
LGHT charges 0.85% a year and WDNA charges 0.45%, so WDNA is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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