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ALTM vs. LIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ALTM vs. LIT

Last updated May 14, 2025

Compare and contrast key facts about Arcadium Lithium plc (ALTM) and Global X Lithium & Battery Tech ETF (LIT).

LIT is a passively managed fund by Global X that tracks the performance of the Solactive Global Lithium Index. It was launched on Jul 22, 2010.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTM or LIT.

Correlation

The correlation between ALTM and LIT is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

ALTM vs. LIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arcadium Lithium plc (ALTM) and Global X Lithium & Battery Tech ETF (LIT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

ALTM

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

LIT

YTD

-3.90%

1M

10.43%

6M

-14.30%

1Y

-12.35%

5Y*

10.50%

10Y*

5.84%

*Annualized

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Risk-Adjusted Performance

ALTM vs. LIT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALTM
The Risk-Adjusted Performance Rank of ALTM is 5757
Overall Rank
The Sharpe Ratio Rank of ALTM is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTM is 6161
Sortino Ratio Rank
The Omega Ratio Rank of ALTM is 5959
Omega Ratio Rank
The Calmar Ratio Rank of ALTM is 5757
Calmar Ratio Rank
The Martin Ratio Rank of ALTM is 5555
Martin Ratio Rank
LIT
The Risk-Adjusted Performance Rank of LIT is 55
Overall Rank
The Sharpe Ratio Rank of LIT is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of LIT is 44
Sortino Ratio Rank
The Omega Ratio Rank of LIT is 55
Omega Ratio Rank
The Calmar Ratio Rank of LIT is 66
Calmar Ratio Rank
The Martin Ratio Rank of LIT is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ALTM vs. LIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Arcadium Lithium plc (ALTM) and Global X Lithium & Battery Tech ETF (LIT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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Dividends

ALTM vs. LIT - Dividend Comparison

ALTM has not paid dividends to shareholders, while LIT's dividend yield for the trailing twelve months is around 0.97%.

TTM20242023202220212020201920182017201620152014
ALTM
Arcadium Lithium plc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LIT
Global X Lithium & Battery Tech ETF		0.97%0.93%1.11%0.99%0.22%0.40%1.85%2.52%3.26%2.15%0.24%1.07%

Drawdowns

ALTM vs. LIT - Drawdown Comparison

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Volatility

ALTM vs. LIT - Volatility Comparison

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