LIT Global X Lithium

Price $17.97
Today's Change -0.39 (-2.13%)
Today's Volume $7.06 K
3:12pm (ET) 02/05/16

Overall Rating

D

99
as of 02/05/16

Rating Details

74
22
99
Segment Average
  • Overview
  • Efficiency
    74
  • Tradability
    22
  • Fit
    99

LIT Fund Description

The Global X Lithium ETF tracks a market-cap-weighted index of global lithium producers.

LIT ETF.com Insight

LIT is the only game in town for those lookingLIT is the only game in town for exposure to everything lithium—from exploration and mining to the production of lithium batteries. The fund scores well in Fit but, like our benchmark, LIT isn't without its warts. The fund is incredibly concentrated, with a total of less than 30 holdings and approximately 80% of its portfolio in its top 10 holdings. LIT also carries a sizeable micro-cap component, with about 10% of the fund invested in firms worth less than $600M. Still, the fund does a great job of capturing the salient sectors—chemicals and electrical components. However, costs and liquidity are LIT's biggest drawbacks, and confine LIT to the Opportunities List rather than an Analyst Pick. The fund's expense ratio and wide bid/ask spreads combine to make LIT expensive from an all-in cost perspective. (Insight updated 09/17/15)

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 02/04/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
LIT-7.60%-12.70%-8.61%-17.40%-14.13%-15.58%--
LIT (NAV)-7.40%-12.32%-9.22%-17.93%-14.24%-15.53%--
Solactive Global Lithium Index-7.37%-12.19%-9.18%-17.50%-13.33%-14.93%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LIT Top 10 Countries

LIT Top 10 Sectors

LIT Top 10 Holdings View All

LIT Summary Data

Global X
07/22/10
Open-Ended Fund
0.75%
$37.2 M
$401.26 K
0.88%

LIT Portfolio Data

$7.89 B
29.00
1.81
0.26%
12/29/15
25

LIT Index Data

Solactive Global Lithium Index
Market Cap
Market Cap
Solactive Global Lithium Index
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 02/04/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
LIT-7.60%-12.70%-8.61%-17.40%-14.13%-15.58%--
LIT (NAV)-7.40%-12.32%-9.22%-17.93%-14.24%-15.53%--
Solactive Global Lithium Index-7.37%-12.19%-9.18%-17.50%-13.33%-14.93%--
Solactive Global Lithium Index-7.37%-12.19%-9.18%-17.50%-13.33%-14.93%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LIT Portfolio Management

0.75%
-0.28%
-0.03%
-1.24%

LIT Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

LIT Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Average Spread
Premium/Discount
Volume

LIT ETF.com/ Block Liquidity

As of 02/05/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of LIT. LIT is rated a 1 out of 5.

LIT Tradability

20,806
$401.26 K
15,899
$292.1 K
0.88%
$0.17
-0.19%
1.91% / -1.77%
None
49.00%
50,000
0.32
0.11%
2.12%
10
$18.36
1

LIT Performance Statistics

1.00
1.00
1.00
1.00
0.04%
Solactive Global Lithium Index