{
 "ticker": "LGHT",
 "name": "Langar Global HealthTech ETF",
 "issuer": "not established",
 "desk": "themes",
 "url": "https://etfiq.com/funds/LGHT",
 "html": "https://etfiq.com/funds/LGHT",
 "markdown": "https://etfiq.com/funds/LGHT.md",
 "as_of": "2026-09-11",
 "verdict": "LGHT holds 28 stocks, and 30% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "69.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LGHT, already in the S&P 500: 69.6%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LGHT, active share vs the S&P 500: 99.5%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "71.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LGHT, top ten holdings: 71.9%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22126.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LGHT, total return, 1 year: \u22126.1%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "LGHT, net assets: $2m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "LGHT, expense ratio: 0.85% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Healthcare innovation and GLP-1",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 10, 2024",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "69.6%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.5%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "23.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.1%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "71.9%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "28",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Intuitive Surgical I 11.9%, ResMed Inc 10.9%, Moderna Inc 9.6%, Veeva Systems Inc 6.7%, GE HealthCare 6.5%, IQVIA Holdings Inc 6.0%, Koninklijke Philips 5.5%, Insulet Corp 5.3%, DEXCOM INC COM 4.8%, Zimmer Biomet Holdin 4.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221212.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.85%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "EKG 39%, HEAL 33%, MDEV 17%, FMED 14%, HTEC 13%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+18.6%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+15.3 pts",
   "Gap to Nasdaq-100": "+19.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "+10.1%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u22125.9 pts",
   "Gap to Nasdaq-100": "\u221210.6 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22126.1%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221223.6 pts",
   "Gap to Nasdaq-100": "\u221229.1 pts"
  },
  {
   "window": "Since launch",
   "Total return": "\u22124.3%",
   "S&P 500": "+65.2%",
   "Gap to S&P 500": "\u221269.5 pts",
   "Gap to Nasdaq-100": "\u221281.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of LGHT is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 70% of LGHT by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does LGHT hold?",
   "a": "28 positions as filed for Jun 30, 2026, with the top ten at 72% of the fund. The largest are Intuitive Surgical I at 11.9%, ResMed Inc at 10.9%, Moderna Inc at 9.6%."
  },
  {
   "q": "Has LGHT beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 LGHT returned \u22126.1% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 23.6 points."
  },
  {
   "q": "What does LGHT cost?",
   "a": "The prospectus expense ratio is 0.85% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.85%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}