LITP vs. ION ETF Comparison

Comparison of Sprott Lithium Miners ETF (LITP) to ProShares S&P Global Core Battery Metals ETF (ION)
LITP

Sprott Lithium Miners ETF

LITP Description

The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$8.72

Average Daily Volume

14,307

Number of Holdings *

5

* may have additional holdings in another (foreign) market
ION

ProShares S&P Global Core Battery Metals ETF

ION Description ProShares S&P Global Core Battery Metals ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across mining of lithium, nickel, or cobalt, which are base metals used to produce batteries sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the S&P Global Core Battery Metals Index, by using full replication technique. ProShares S&P Global Core Battery Metals ETF was formed on November 29, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.15

Average Daily Volume

1,147

Number of Holdings *

5

* may have additional holdings in another (foreign) market
Performance
Period LITP ION
30 Days 4.06% -6.55%
60 Days 20.11% 13.17%
90 Days 24.39% 14.74%
12 Months -24.01% 1.60%
2 Overlapping Holdings
Symbol Grade Weight in LITP Weight in ION Overlap
ALB C 8.99% 3.2% 3.2%
SQM D 9.57% 3.29% 3.29%
LITP Overweight 3 Positions Relative to ION
Symbol Grade Weight
SLI A 2.55%
IONR B 2.2%
PLL B 1.45%
LITP Underweight 3 Positions Relative to ION
Symbol Grade Weight
VALE F -1.74%
SBSW B -1.62%
PKX F -0.23%
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