LIT vs. FXZ ETF Comparison
Comparison of Global X Lithium ETF (LIT) to First Trust Materials AlphaDEX Fund (FXZ)
LIT
Global X Lithium ETF
LIT Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$45.57
Average Daily Volume
347,737
7
FXZ
First Trust Materials AlphaDEX Fund
FXZ Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.Grade (RS Rating)
Last Trade
$64.85
Average Daily Volume
26,530
36
Performance
Period | LIT | FXZ |
---|---|---|
30 Days | 5.85% | -2.55% |
60 Days | 23.93% | 0.78% |
90 Days | 20.84% | -0.44% |
12 Months | -5.36% | 5.11% |
1 Overlapping Holdings
Symbol | Grade | Weight in LIT | Weight in FXZ | Overlap | |
---|---|---|---|---|---|
ALB | B | 9.02% | 0.97% | 0.97% |
LIT Underweight 35 Positions Relative to FXZ
Symbol | Grade | Weight | |
---|---|---|---|
STLD | B | -5.6% | |
RS | B | -5.43% | |
X | B | -5.13% | |
NUE | C | -4.95% | |
LYB | F | -4.36% | |
FMC | D | -4.18% | |
CF | A | -4.11% | |
NEU | D | -4.03% | |
MOS | F | -3.99% | |
EMN | C | -3.68% | |
TKR | D | -3.63% | |
IP | A | -3.58% | |
ASH | F | -3.58% | |
CLF | F | -3.5% | |
APD | A | -3.24% | |
RGLD | C | -3.04% | |
ECL | D | -2.92% | |
CC | C | -2.82% | |
CE | F | -2.75% | |
OLN | F | -2.62% | |
WLK | D | -2.56% | |
FAST | B | -2.32% | |
ESI | B | -2.09% | |
LIN | C | -1.91% | |
AVY | F | -1.81% | |
SCCO | F | -1.75% | |
FCX | F | -1.73% | |
HUN | F | -1.64% | |
AA | A | -1.01% | |
RBC | A | -0.93% | |
MP | C | -0.92% | |
HXL | F | -0.85% | |
SMG | C | -0.76% | |
IFF | D | -0.73% | |
NEM | D | -0.68% |
LIT: Top Represented Industries & Keywords
FXZ: Top Represented Industries & Keywords