LIT vs. PSCM ETF Comparison
Comparison of Global X Lithium ETF (LIT) to PowerShares S&P SmallCap Materials Portfolio (PSCM)
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
347,735
7
PSCM
PowerShares S&P SmallCap Materials Portfolio
PSCM Description
The PowerShares S&P SmallCap Materials Portfolio (Fund) is based on the S&P SmallCap 600® Capped Materials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$83.24
Average Daily Volume
1,030
29
Performance
Period | LIT | PSCM |
---|---|---|
30 Days | 5.85% | 7.42% |
60 Days | 23.93% | 7.43% |
90 Days | 20.84% | 6.44% |
12 Months | -5.36% | 29.15% |
0 Overlapping Holdings
Symbol | Grade | Weight in LIT | Weight in PSCM | Overlap |
---|
LIT Underweight 29 Positions Relative to PSCM
Symbol | Grade | Weight | |
---|---|---|---|
CRS | B | -11.9% | |
ATI | C | -9.4% | |
BCPC | B | -7.64% | |
SEE | C | -6.77% | |
FUL | F | -5.4% | |
HCC | B | -4.67% | |
SXT | C | -4.27% | |
ARCH | B | -4.0% | |
SLVM | B | -3.92% | |
IOSP | C | -3.88% | |
AMR | C | -3.53% | |
MTX | B | -3.44% | |
HWKN | B | -3.15% | |
MTRN | C | -3.13% | |
KWR | C | -3.07% | |
MP | C | -2.99% | |
OI | C | -2.58% | |
NGVT | B | -2.23% | |
SCL | C | -2.12% | |
WS | B | -2.0% | |
KALU | C | -1.69% | |
CENX | B | -1.53% | |
SXC | A | -1.39% | |
KOP | C | -1.06% | |
ASIX | B | -1.05% | |
HAYN | A | -1.03% | |
MATV | D | -0.9% | |
MTUS | C | -0.73% | |
MYE | F | -0.55% |
LIT: Top Represented Industries & Keywords
PSCM: Top Represented Industries & Keywords