LITP Sprott Lithium Miners ETF
What is LITP?
LITP aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap.
LITP Factset Analytics Insight
LITP provides pure-play exposure to the global lithium industry in support of achieving a less carbon-intensive economy. The fund gives access to a portfolio of 40-50 US and foreign companies involved with or derive half of their revenue from the mining, exploration, development, or production of lithium. The investable universe is identified through a proprietary selection methodology which includes industry publication reviews and fundamental research. All eligible securities are then included as constituents provided that the minimum market-cap and liquidity requirements are met. An intensity score is also assigned to each company depending on their revenue percentage attributable to lithium. While the index is market cap-weighted, several capping rules are implemented based on the securities’ initial weights to ensure a diversified portfolio. Index reconstitution and rebalancing is done on a semi-annual basis in June and December.
LITP Summary Data
Peers
Fund Flows
LITP Portfolio Data
LITP Index Data
LITP Portfolio Management
LITP Tax Exposures
LITP Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LITP. LITP is rated a N/A out of 5.
LITP Tradability
LITP Performance Statistics
LITP Benchmark Comparison Summary
Benchmark
LITP Benchmark Comparison Market Cap Size
Benchmark
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.
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