LITGlobal X Lithium & Battery Tech ETF
LIT Fund Description
The Global X Lithium & Battery Tech ETF tracks a market- cap weighted index of global lithium miners and battery producers.
LIT Factset Analytics Insight
LIT, which tracks a market- cap weighted index of global lithium miners and battery producers, gives broad exposure to the metal. While its niche exposure aligns poorly with our broad Metals and Mining segment benchmark, LIT manages to offer targeted, concentrated exposure with a microcap tilt. Good tracking of its underlying index tempers the fund’s variable spreads and high expense ratio. For investors looking for niche lithium exposure as an ETF, LIT is the only game in town.
LIT MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the Global X Lithium & Battery Tech ETF MSCI ESG Fund Quality Score is 5.11 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. LIT ranks in the 43th percentile within its peer group and in the 39th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
LIT CHARTS AND PERFORMANCE
LIT Top 10 Countries
LIT Top 10 Sectors
LIT Top 10 Holdings [View All]
LIT Summary Data
LIT Portfolio Data
LIT Index Data
LIT Portfolio Management
LIT Tax Exposures
LIT Fund Structure
LIT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LIT. LIT is rated a 4 out of 5.
LIT Sector/Industry Breakdown
LIT TOP 10 HOLDINGS[View All]
LIT Economic Development
LIT Performance Statistics
LIT MSCI ESG Ratings
LIT BENCHMARK COMPARISON SUMMARY
LIT BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.