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LGHT vs XLV

Langar Global HealthTech ETF

LGHTFCboe

State Street Health Care Select Sector SPDR ETF

XLVANYSE Arca

Overlap

Expense ratio

XLV −0.77pt a year

LGHT0.85%XLV0.08%

Avg volume · 30D

XLV 2038.1×the volume

LGHT4.47KXLV9.1M

LGHT vs XLV Performance

Oct 31, 2025 – Oct 30, 2026

+8.2%LGHT+30.3%XLV

Oct 31, 2025 to Oct 30, 2026. LGHT +8.2%. XLV +30.3%. Use the arrow keys to read each point.−20%−10%0%20%Oct 2025Apr 2026Oct 2026
Expense ratio
LGHT 0.85%
XLV 0.08%, better
Fund size
LGHT $2M
XLV $48.5B
1Y total return
LGHT +8.2%
XLV +30.1%, better
Yield (12M)
LGHT No data
XLV 1.38%
Holdings
LGHT 1
XLV 64
Avg volume (30D)
LGHT 4.47K sh
XLV 9.1M sh, better
NAV per share
LGHT $11.13
XLV $184.09
52W range

ETF.net Grade

LGHT: Cost 0, Risk 16, Mission not scored, Tradability 10, Holdings 25, Durability 22. XLV: Cost 98, Risk 78, Mission 84, Tradability 100, Holdings 39, Durability 87.
Pillar letters and Scores for LGHT, XLV, with each pillar’s weight
PillarLGHTXLV
Cost30% weightF0A98Higher
Mission25% weightNot scoredA84
Risk15% weightF16A78Higher
Tradability15% weightF10A100Higher
Holdings10% weightD25D39Higher
Durability5% weightF22A87Higher

Rank among Health Care (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LGHT and XLV are both graded against the same 25 Health Care (Broad) funds, so their Grades compare head to head.

Health Care (Broad)⁠

Category · 25 funds
See all 25 ›

XLV ranks 1st and LGHT 25th of 25 funds in the Health Care (Broad) Category.

  1. Rank 1AXLVState Street Health Care Select Sector SPDR ETFScore 85
  2. Rank 2AFHLCFidelity MSCI Health Care Index ETFScore 83
  3. Rank 24DGDOCGoldman Sachs Future Health Care Equity ETFScore 25
  4. Rank 25FLGHTLangar Global HealthTech ETFScore 9

Our read on each fund

ETF.net Research

LGHTFLangar Global HealthTech ETF

XLVAState Street Health Care Select Sector SPDR ETF

In short

LGHT A concentrated bet on the machines and software behind modern medicine: actively managed, global in reach, and pointed at healthcare technology rather than the pharma-heavy sector index everyone else owns.

XLV Live since 1998, XLV is the original way to own health care: about 60 S&P 500 names, a 0.08% fee, and one of the busiest tickers in the sector. Big pharma and device makers, not small-cap biotech.

Stated mandate

LGHT The Fund seeks long-term growth of capital. It is actively managed and invests at least 80% of assets in exchange-listed healthcare-technology equities and ADRs, principally in the United States and certain developed countries.

XLV The fund seeks to track, before expenses, the price and yield performance of the Health Care Select Sector Index, which represents the health care sector of the S&P 500 Index.

Why people hold it

  • LGHT Narrow by design: at least 80% of assets sit in exchange-listed healthcare-technology stocks and ADRs, not the whole drugmakers-and-insurers sector.
  • Casts wider than the typical health-care sector fund: US plus developed international names, reachable directly or through ADRs.
  • Actively managed toward long-term growth of capital, so the manager can rotate holdings as the field shifts instead of waiting on an index reconstitution.
  • XLV 0.08% a year against a cohort median of 0.50%. That ties it with FHLC as the cheapest in the group and edges VHT at 0.09%.
  • One of the most actively traded funds in its category, which generally keeps bid-ask spreads thin whether you trade 10 shares or 10,000.
  • Launched December 1998 as one of the first US sector funds, and it has tracked its S&P 500 health care index closely ever since.
  • Covers the whole sector in one line: pharma, devices, providers, biotech, life-science tools and health tech. Pays quarterly.ssga.com

Worth knowing

  • LGHT Charges 0.85% a year, a multiple of what the broad health-care index heavyweights in its peer group (VHT, XLV, FHLC) charge.
  • Small and thinly traded, so bid-ask spreads and order size carry more weight here than in a mega-fund.
  • A 2024 launch built for capital growth, not income: short operating history and no record of regular distributions.
  • XLV Cap-weighted and about 60 names deep, so the largest drug and device makers carry most of the weight.ssga.com
  • S&P 500 members only. Mid- and small-cap health care names sit outside the mandate.
  • One sector, one set of headlines: drug pricing rules, patent expirations and policy shifts move the whole basket together.

Full LGHT profile⁠

Full XLV profile⁠

LGHT vs XLV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

LGHT vs XLV Cost

Overpaying LGHT vs XLV

$14,510

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • LGHT 0.85%

    $16,199

  • XLV 0.08%

    $1,689

$10,000
30 years

Cost over time

  • LGHT 0.85%
  • XLV 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530LGHT $16,199XLV $1,689

Year by year

YearLGHTXLVOverpaying
10$1,508$147$1,361
20$5,706$575$5,131
30$16,199$1,689$14,510

Expense ratio

  • 0.85%LGHT
  • 0.08%XLV, cheaper
  • Middle half of Health Care (Broad) funds
  • Median 0.50%

XLV cheapest of 25 funds

LGHT 25th cheapest of 25 funds

LGHT vs XLV Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
LGHT No data
XLV 1.38%
Payout (12M)
LGHT None
XLV $2.55
Last payment
LGHT No data
XLV $0.64
Ex-dividend
LGHT No data
XLV Sep 21, 2026
Paid on
LGHT No data
XLV Sep 23, 2026
Frequency
LGHT No data
XLV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LGHTAll LGHT payments⁠

No distribution history available.

XLVQuarterly · 40 paymentsAll XLV payments⁠
One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.27; Jun 16, 2017 $0.31; Sep 15, 2017 $0.30; Dec 15, 2017 $0.33; Mar 16, 2018 $0.30; Jun 15, 2018 $0.32; Sep 21, 2018 $0.37; Dec 21, 2018 $0.38; Mar 15, 2019 $0.34; Jun 21, 2019 $0.40; Sep 20, 2019 $0.38; Dec 20, 2019 $0.42; Dec 30, 2019 $0.67; Mar 23, 2020 $0.38; Jun 22, 2020 $0.42; Sep 21, 2020 $0.42; Dec 21, 2020 $0.46; Mar 22, 2021 $0.40; Jun 21, 2021 $0.48; Sep 20, 2021 $0.47; Dec 20, 2021 $0.53; Mar 21, 2022 $0.43; Jun 21, 2022 $0.50; Sep 19, 2022 $0.51; Dec 19, 2022 $0.56; Mar 20, 2023 $0.49; Jun 20, 2023 $0.54; Sep 18, 2023 $0.54; Dec 18, 2023 $0.60; Mar 18, 2024 $0.52; Jun 24, 2024 $0.57; Sep 23, 2024 $0.58; Dec 23, 2024 $0.62; Mar 24, 2025 $0.56; Jun 23, 2025 $0.63; Sep 22, 2025 $0.62; Dec 22, 2025 $0.66; Mar 23, 2026 $0.59; Jun 22, 2026 $0.66; Sep 21, 2026 $0.64. Use the arrow keys to read each point.$0$0.502017202020232026YTD

LGHT vs XLV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LGHT 17.9%since Feb 2024XLV 14.8%
Return per unit of riskSharpe ratio, 3 years
LGHT 0.07since Feb 2024XLV 0.78
Worst fallMax drawdown, 5 years
LGHT −28.6%since Jan 2024XLV −17.1%
Market sensitivityBeta, 5 years
LGHT 0.61XLV 0.56

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