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Dividend Vision

LGHT — Langar Global HealthTech ETF

Langar Global HealthTech ETF (LGHT)

LGHT pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is -8.7% over the past 2.6 years, 76.6 points behind SPY at 67.9%. Its deepest 1-year drawdown was 25.6%.

Langar Global HealthTech ETF is an ETF that invests at least 80% of its assets in U.S. and foreign exchange-listed equity securities of healthcare technology companies of any market capitalization, and may also hold American Depository Receipts on those securities. The fund does not currently distribute income to shareholders, making it oriented toward capital appreciation rather than current income. It carries an expense ratio of 0.85% and appeals to growth-focused investors interested in healthcare technology companies globally.

LGHT key facts

Issuer
Spinnaker
Asset type
ETF
Asset class
Equity
Inception date
01/11/2024
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$9.28
AUM
$2,036,454
Average volume
5729.0
Beta
0.7628
P/E ratio
27.9199