LIT

Global X Lithium & Battery Tech ETF

Global X Lithium & Battery Tech ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield performance of the Solactive Global Lithium Index.


Global

EQUITY

Passive

MANAGEMENT STYLE

1.2 B

ASSETS UNDER MGMT

75 bp

EXPENSES
Fund Basics
Fund sponsorGlobal X Management Co LLC
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateJul 22, 2010
Assets (mns)$1,196
Expense ratio75 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
ALBEMARLE CORP 9.7 %
TESLA MOTORS INC 5.9 %
JIANGXI GANFENG LITHIUM CO., LTD. CLASS 4.7 %
PANASONIC CORP 4.3 %
EVE ENERGY CO. LTD. CLASS A 4.3 %
BEIJING SEVENSTAR ELECTRONICS CO., LTD. 4.3 %
CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD 4.2 %
QUIMICA Y MINERA CHIL-SP ADR 4.2 %
ARCADIUM LITHIUM PLC 4.2 %
TIANQI LITHIUM INDUSTRIES, INC. CLASS A 4.0 %
Constituent Breakdown
Number of holdings40
Herfindahl-Hirschman Index 406
Wgt avg mkt cap (mns)$87,067
Large cap (>$10bn)53.9%
Mid cap ($2-10bn)40.4%
Small cap (<$2bn)5.0%
Developed mkts.41.3%
Emerging mkts.58.8%
Country Exposure
CHINA 41.1 %
UNITED STATES 24.3 %
SOUTH KOREA 10.8 %
AUSTRALIA 8.5 %
JAPAN 8.4 %
CHILE 4.2 %
CANADA 1.9 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns -10.2% -3.4% -18.1% -20.5% 13.4% 8.2% 3.5%
Volatility 32.5% 32.0% 29.6% 31.3% 35.7% 29.1% --
Market Correlations
versus...BetaR-squared
S&P 5000.9128%
MSCI EAFE0.8926%
MSCI Emg Mkts1.0536%
Liquidity Measures
Avg. volume (000)343
Turnover1.2%
Avg. Bid/Ask (% of price)0.11%
ADV of underlying (mns)$23,329
Technical Indicators
Recent close$43.35
30d moving avg.$43.18
Annualized volatility30.5%
Relative strength (RSI)54
Short interest (ETF)4.6%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: LIT vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.2 16.9 1.6 2.2% --
Based on closing prices from 12/4/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
LIT



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

LIT

9.6%

Cat. Avg

4.0%


ALTAR Score™ Calculation

Category Overview
There are 377 funds in the Global Equity category, with an average ALTAR Score™ of 4.0% and a standard deviation of 4.7%. LIT's ALTAR Score™ is approximately 1.2 standard deviations above the category average. This places LIT in the 88th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

LIT
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Passive
Global Equity ETFs
# of ETFs 53
Avg. Expense Ratio 50.8 bp
Std. Deviation 22.4 bp
LIT (75 bp) Percentile rank 88
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
LIT 75.0 11.1 86.1
Peer Avg. 49.9 29.4 79.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .