Skip to Content
ETFs

Global X Lithium & Battery Tech ETF

LIT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 22 2010
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$26,373,160
AUM
$3,228,563,415
Associated Index
Solactive Global Lithium Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ALB
Albemarle Corp.
9.31%
006400
Samsung SDI Co. Ltd.
7.03%
6752
Panasonic Holdings Corporation
6.29%
1211
BYD Co - Ordinary Shares - Class H
5.55%
6762
TDK Corporation
5.00%
300750
CONTEMPORARY AMPEREX TECHN-A
4.97%
TSLA
Tesla Inc
4.45%
SQM
Sociedad Quimica Y Minera de Chile S.A. - ADR
4.28%
002466
TIANQI LITHIUM CORP-A
3.99%
300014
EVE ENERGY CO LTD-A
3.97%
Invest with LIT

What is LIT?

The Global X Lithium & Battery Tech ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.

ETFs related toLIT

ETFs correlated to LIT include REMX, DRIV, IDRV

LIT
Global X Funds - Global X Lithium & Battery Tech ETF
REMX
VanEck ETF Trust - VanEck Rare Earth/Strategic Metals ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
IDRV
iShares Trust - iShares Self-Driving EV and Tech ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
MEM
Matthews International Funds - Matthews Emerging Markets Equity Active ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

LIT is a Global Equities ETF. The Global X Lithium & Battery Tech ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.

LIT tracks the Solactive Global Lithium Index.

No, LIT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, LIT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LIT is -0.0573%. This is the percent change in the value of LIT over the most recent 1-month period. The 3-month return on LIT is -0.0198%. This is the percent change in the value of LIT over the most recent 3-month period.

The standard deviation of LIT for the past year is 0.3295%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LIT include IXN, IXC, and GDXJ.

ETFs correlated to LIT include REMX, DRIV, and IDRV.

ETFs that are inversely correlated to LIT include EDZ, EUM, and HIBS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.