LITGlobal X Lithium & Battery Tech ETF
LIT Fund Description
LIT tracks a market-cap-weighted index of global lithium miners and battery producers.
LIT Factset Analytics Insight
LIT tracks a market-cap-weighted index of 20-40 companies involved in the global mining and exploration of lithium, or in lithium battery production. While the plain-vanilla fund gives broad exposure to the lithium industry, it manages to offer targeted, concentrated exposure with a micro-cap tilt. LIT is an excellent fit for investors looking for niche lithium exposure as an ETF. The index is reconstituted and rebalanced on an annual basis.
LIT MSCI ESG Analytics Insight
Global X Lithium & Battery Tech ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.70 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Global X Lithium & Battery Tech ETF ranks in the 24th percentile within its peer group and in the 14th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
LIT MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
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 5 out of 5.
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