Proshares S&P Global Core Battery Metals ETF (ION) belongs to the Lithium & Battery Metals category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ION. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ION
ION charges 0.58% annually. There are 2 ETFs in the Lithium & Battery Metals category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Lithium & Battery Metal Miners ETF | 0.35% | — | Sep 2024 | ION vs LIMI | |
| Ishares Lithium Miners And Producers ETF | 0.47% | 13.53M | Jun 2023 | ION vs ILIT | |
| Amplify Lithium & Battery Technology ETF | 0.59% | 116.20M | Jun 2018 | ION vs BATT | |
| USCF Sustainable Battery Metals Strategy Fund | 0.59% | 2.14M | Jan 2023 | ION vs ZSB | |
| Sprott Lithium Miners ETF | 0.65% | 36.05M | Feb 2023 | ION vs LITP |
Best Risk-Adjusted Alternatives to ION
ION has a PortfoliosLab risk / return rank of 53. There are 3 ETFs in the Lithium & Battery Metals category with higher risk-adjusted ranks, going as high as 78.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Sustainable Battery Metals Strategy Fund | 78 | 2.14M | Jan 2023 | ION vs ZSB | |
| Global X Lithium & Battery Tech ETF | 78 | 1.51B | Jul 2010 | ION vs LIT | |
| Amplify Lithium & Battery Technology ETF | 58 | 116.20M | Jun 2018 | ION vs BATT | |
| Ishares Lithium Miners And Producers ETF | 45 | 13.53M | Jun 2023 | ION vs ILIT | |
| Sprott Lithium Miners ETF | 43 | 36.05M | Feb 2023 | ION vs LITP |
Top Performing ION Alternatives (YTD)
ION is at -7.96% YTD. There are 3 ETFs in the Lithium & Battery Metals category with higher YTD returns, going as high as 7.18%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Lithium & Battery Tech ETF | 7.18% | 1.51B | Jul 2010 | ION vs LIT | |
| Amplify Lithium & Battery Technology ETF | 3.91% | 116.20M | Jun 2018 | ION vs BATT | |
| USCF Sustainable Battery Metals Strategy Fund | 2.41% | 2.14M | Jan 2023 | ION vs ZSB | |
| Ishares Lithium Miners And Producers ETF | -13.69% | 13.53M | Jun 2023 | ION vs ILIT | |
| Themes Lithium & Battery Metal Miners ETF | -16.72% | — | Sep 2024 | ION vs LIMI |
Lowest Volatility Alternatives to ION
ION has 39.63% 1-year volatility. There are 3 ETFs in the Lithium & Battery Metals category with lower 1-year volatility, going as low as 26.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Sustainable Battery Metals Strategy Fund | 26.15% | 2.14M | Jan 2023 | ION vs ZSB | |
| Amplify Lithium & Battery Technology ETF | 33.66% | 116.20M | Jun 2018 | ION vs BATT | |
| Global X Lithium & Battery Tech ETF | 34.47% | 1.51B | Jul 2010 | ION vs LIT | |
| Themes Lithium & Battery Metal Miners ETF | 44.90% | — | Sep 2024 | ION vs LIMI | |
| Ishares Lithium Miners And Producers ETF | 50.68% | 13.53M | Jun 2023 | ION vs ILIT |
Lowest Drawdown Alternatives to ION
ION has a 1-year max drawdown of -33.66%. There are 3 ETFs in the Lithium & Battery Metals category with shallower 1-year drawdowns, going as shallow as -16.75%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Sustainable Battery Metals Strategy Fund | -16.75% | 2.14M | Jan 2023 | ION vs ZSB | |
| Amplify Lithium & Battery Technology ETF | -23.02% | 116.20M | Jun 2018 | ION vs BATT | |
| Global X Lithium & Battery Tech ETF | -26.84% | 1.51B | Jul 2010 | ION vs LIT | |
| Themes Lithium & Battery Metal Miners ETF | -39.24% | — | Sep 2024 | ION vs LIMI | |
| Ishares Lithium Miners And Producers ETF | -43.92% | 13.53M | Jun 2023 | ION vs ILIT |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 36 | 23.06% | 32.83B | Feb 2010 | ION vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 39 | 18.94% | 12.76B | Jun 2006 | ION vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -29.42% | 1.41B | Oct 2021 | ION vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 50 | 21.72% | 5.15B | Jun 2009 | ION vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 16.14% | 7.81B | Jun 2006 | ION vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 47 | 10.84% | 11.68B | Oct 2013 | ION vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 52 | 50.25% | 2.47B | Jan 2007 | ION vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -34.61% | 2.00B | Feb 2010 | ION vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 44 | 10.08% | 394.37M | Mar 2024 | ION vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.24% | 244.68M | Oct 2011 | ION vs UVXY |
Often Compared With ION
Investors most often compare ION with IBAT, NVDG, COPX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare ION with Any Fund or Stock
Compare ION with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ION with funds that move differently
Proshares S&P Global Core Battery Metals ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ION.
Explore ION Diversifiers