LIT vs. IBAT ETF Comparison
Comparison of Global X Lithium ETF (LIT) to iShares Energy Storage & Materials ETF (IBAT)
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
IBAT
iShares Energy Storage & Materials ETF
IBAT Description
The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.39
Average Daily Volume
352
14
Performance
Period | LIT | IBAT |
---|---|---|
30 Days | 5.85% | -2.72% |
60 Days | 23.93% | -5.60% |
90 Days | 20.84% | -3.88% |
12 Months | -5.36% |
1 Overlapping Holdings
Symbol | Grade | Weight in LIT | Weight in IBAT | Overlap | |
---|---|---|---|---|---|
ENS | F | 2.9% | 2.55% | 2.55% |
LIT: Top Represented Industries & Keywords
IBAT: Top Represented Industries & Keywords