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Langar Global HealthTech ETF (LGHT)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Langar Global HealthTech ETF (LGHT)

ETF · Main listing LGHT · Currency in USD · Last updated Apr 3, 2026

LGHT is an actively managed ETF by Langar. LGHT launched on Jan 11, 2024 and has a 0.85% expense ratio.

ETF Info

ISIN
US84858T8633
Issuer
Langar
Inception Date
Jan 11, 2024
Category
Health & Biotech Equities
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart

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Langar Global HealthTech ETF

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Langar Global HealthTech ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

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S&P 500 Index

Returns By Period

Langar Global HealthTech ETF (LGHT) has returned -13.62% so far this year and -12.03% over the past 12 months.

Langar Global HealthTech ETF

1D
-0.69%
1M
-9.21%
YTD
-13.62%
6M
-15.36%
1Y
-12.03%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
0.11%
1M
-3.43%
YTD
-3.84%
6M
-1.98%
1Y
16.08%
3Y*
16.86%
5Y*
10.37%
10Y*
12.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 10, 2024, LGHT's average daily return is -0.02%, while the average monthly return is -0.51%.

Historically, 43% of months were positive and 57% were negative. The best month was Jan 2025 with a return of +7.7%, while the worst month was Mar 2026 at -10.6%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 6 months.

On a daily basis, LGHT closed higher 49% of trading days. The best single day was Apr 9, 2025 with a return of +7.9%, while the worst single day was Apr 4, 2025 at -5.9%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.95%-1.72%-10.59%-0.76%-13.62%
20257.66%-3.16%-7.61%0.35%3.97%2.02%-3.02%1.83%-2.21%2.29%-0.89%-2.03%-1.66%
2024-2.13%2.88%4.54%-4.79%2.19%-1.03%-1.98%4.78%1.50%-4.93%4.07%-4.48%-0.13%

Benchmark Metrics

Langar Global HealthTech ETF has an annualized alpha of -17.16%, beta of 0.84, and R² of 0.51 versus S&P 500 Index. Calculated based on daily prices since January 11, 2024.

  • This ETF participated in 163.17% of S&P 500 Index downside but only 40.01% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -17.16% versus S&P 500 Index — delivering less than market exposure alone would predict.
Alpha
-17.16%
Beta
0.84
R²
0.51
Upside Capture
40.01%
Downside Capture
163.17%

Expense Ratio

LGHT has an expense ratio of 0.85%, placing it in the medium range.

Return for Risk

Risk / Return Rank

LGHT ranks 3 for risk / return — in the bottom 3% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

LGHT Risk / Return Rank: 33
Overall Rank
LGHT Sharpe Ratio Rank: 33
Sharpe Ratio Rank
LGHT Sortino Ratio Rank: 33
Sortino Ratio Rank
LGHT Omega Ratio Rank: 33
Omega Ratio Rank
LGHT Calmar Ratio Rank: 33
Calmar Ratio Rank
LGHT Martin Ratio Rank: 00
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Langar Global HealthTech ETF (LGHT) and compare them to a chosen benchmark (S&P 500 Index).

LGHTBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.57

0.88

-1.45

Sortino ratio

Return per unit of downside risk

-0.69

1.37

-2.06

Omega ratio

Gain probability vs. loss probability

0.92

1.21

-0.29

Calmar ratio

Return relative to maximum drawdown

-0.56

1.39

-1.95

Martin ratio

Return relative to average drawdown

-1.66

6.43

-8.10

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore LGHT risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

LGHT Sortino RatioLGHT Sharpe Ratio

Dividends

Dividend History

Langar Global HealthTech ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Langar Global HealthTech ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Langar Global HealthTech ETF was 23.41%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current Langar Global HealthTech ETF drawdown is 22.34%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.41%Jan 31, 2025291Mar 30, 2026———
-9.37%May 23, 202452Aug 7, 2024113Jan 21, 2025165
-7.61%Mar 11, 202428Apr 18, 202424May 22, 202452
-2.91%Jan 11, 20244Jan 17, 202414Feb 6, 202418
-2.52%Feb 8, 20244Feb 13, 20242Feb 15, 20246

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Portfolio Analyzer

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