AQWG.L vs. LITU.L
AQWG.L (Global X Clean Water UCITS ETF) and LITU.L (Global X Lithium & Battery Tech UCITS ETF USD Acc) are both exchange-traded funds - AQWG.L is a Water Equities fund tracking the S&P Global Water TR, while LITU.L is a Lithium & Battery Metals fund tracking the Solactive Global Lithium v2 Index. Both are passively managed. Over the past 3 years, AQWG.L returned 9.85%/yr vs 6.96%/yr for LITU.L. At a 0.32 correlation, their price movements are largely independent. AQWG.L charges 0.50%/yr vs 0.60%/yr for LITU.L.
Performance
AQWG.L vs. LITU.L - Performance Comparison
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Different Trading Currencies
AQWG.L is traded in GBP, while LITU.L is traded in USD. To make them comparable, the LITU.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, AQWG.L achieves a 4.18% return, which is significantly lower than LITU.L's 22.33% return.
AQWG.L
- 1D
- 0.00%
- 1M
- 3.89%
- YTD
- 4.18%
- 6M
- 4.00%
- 1Y
- 7.60%
- 3Y*
- 9.85%
- 5Y*
- —
- 10Y*
- —
LITU.L
- 1D
- -1.06%
- 1M
- -7.23%
- YTD
- 22.33%
- 6M
- 19.69%
- 1Y
- 112.73%
- 3Y*
- 6.96%
- 5Y*
- —
- 10Y*
- —
AQWG.L vs. LITU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AQWG.L Global X Clean Water UCITS ETF | 4.18% | 5.17% | 7.79% | 18.26% | -9.91% | 2.42% |
LITU.L Global X Lithium & Battery Tech UCITS ETF USD Acc | 22.33% | 47.90% | -18.58% | -15.20% | -21.60% | -2.67% |
Correlation
The correlation between AQWG.L and LITU.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021 | 0.32 |
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Return for Risk
AQWG.L vs. LITU.L — Risk / Return Rank
AQWG.L
LITU.L
AQWG.L vs. LITU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AQWG.L) and Global X Lithium & Battery Tech UCITS ETF USD Acc (LITU.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AQWG.L | LITU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.01 | ||
| Sortino ratioReturn per unit of downside risk | -3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.52 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 7.57 | -6.89 |
| Martin ratioReturn relative to average drawdown | 1.60 | 24.80 | -23.20 |
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Drawdowns
AQWG.L vs. LITU.L - Drawdown Comparison
The maximum AQWG.L drawdown since its inception was -21.32%, smaller than the maximum LITU.L drawdown of -61.84%. Use the drawdown chart below to compare losses from any high point for AQWG.L and LITU.L.
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Drawdown Indicators
| AQWG.L | LITU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.32% | -61.84% | +40.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.23% | -14.82% | +3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -17.73% | -51.14% | +33.41% |
Current DrawdownCurrent decline from peak | -5.00% | -11.81% | +6.81% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -32.59% | +26.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.77% | 4.53% | +0.24% |
Volatility
AQWG.L vs. LITU.L - Volatility Comparison
The current volatility for Global X Clean Water UCITS ETF (AQWG.L) is 4.05%, while Global X Lithium & Battery Tech UCITS ETF USD Acc (LITU.L) has a volatility of 10.35%. This indicates that AQWG.L experiences smaller price fluctuations and is considered to be less risky than LITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AQWG.L | LITU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 10.35% | -6.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.53% | 22.15% | -11.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 31.28% | -17.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 29.20% | -14.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.97% | 29.20% | -14.23% |
AQWG.L vs. LITU.L - Expense Ratio Comparison
AQWG.L has a 0.50% expense ratio, which is lower than LITU.L's 0.60% expense ratio.
Dividends
AQWG.L vs. LITU.L - Dividend Comparison
Neither AQWG.L nor LITU.L has paid dividends to shareholders.
Frequently Asked Questions
AQWG.L and LITU.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AQWG.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AQWG.L is cheaper with a 0.50% expense ratio, compared with 0.60% for LITU.L.
AQWG.L is categorized as Water Equities, while LITU.L is Lithium & Battery Metals. AQWG.L tracks S&P Global Water TR, while LITU.L tracks Solactive Global Lithium v2 Index. Their fees differ too: 0.50% for AQWG.L and 0.60% for LITU.L.
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