BATT.L vs. LITU.L

Last updated Jun 26, 2026

BATT.L (L&G Battery Value-Chain UCITS ETF) and LITU.L (Global X Lithium & Battery Tech UCITS ETF USD Acc) are both Lithium & Battery Metals funds - BATT.L tracks the Solactive Battery Value-Chain Index while LITU.L tracks the Solactive Global Lithium v2 Index. Both are passively managed. Over the past 3 years, BATT.L returned 22.31%/yr vs 8.31%/yr for LITU.L. A 0.79 correlation means they provide meaningful diversification when combined. BATT.L charges 0.49%/yr vs 0.60%/yr for LITU.L.

Performance

BATT.L vs. LITU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Battery Value-Chain UCITS ETF (BATT.L) and Global X Lithium & Battery Tech UCITS ETF USD Acc (LITU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BATT.L having a 19.47% return and LITU.L slightly higher at 19.83%.

BATT.L

• 1D: -1.82%
• 1M: -12.18%
• YTD: 19.47%
• 6M: 16.49%
• 1Y: 98.02%
• 3Y*: 22.31%
• 5Y*: 13.62%
• 10Y*: —

LITU.L

• 1D: -0.84%
• 1M: -8.95%
• YTD: 19.83%
• 6M: 16.96%
• 1Y: 105.52%
• 3Y*: 8.31%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATT.L vs. LITU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BATT.L L&G Battery Value-Chain UCITS ETF	19.47%	71.47%	-1.22%	8.80%	-14.18%	1.92%
LITU.L Global X Lithium & Battery Tech UCITS ETF USD Acc	19.83%	59.24%	-19.98%	-10.74%	-29.93%	-3.68%

Correlation

The correlation between BATT.L and LITU.L is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (All Time) Calculated using the full available price history since Dec 7, 2021	0.79

The correlation between BATT.L and LITU.L has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.

BATT.L vs. LITU.L - Sectors Allocation Comparison

Sectors	BATT.L	LITU.L
Industrials	30.7%	20.4%
Basic Materials	24.8%	48.1%
Consumer Cyclical	19.9%	9.0%
Technology	18.6%	22.3%
Utilities	6.0%	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

BATT.L vs. LITU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATT.L

BATT.L Risk / Return Rank: 91
BATT.L Sharpe Ratio Rank: 94
BATT.L Sortino Ratio Rank: 89
BATT.L Omega Ratio Rank: 87
BATT.L Calmar Ratio Rank: 93
BATT.L Martin Ratio Rank: 91

LITU.L

LITU.L Risk / Return Rank: 92
LITU.L Sharpe Ratio Rank: 95
LITU.L Sortino Ratio Rank: 89
LITU.L Omega Ratio Rank: 87
LITU.L Calmar Ratio Rank: 94
LITU.L Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATT.L vs. LITU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Battery Value-Chain UCITS ETF (BATT.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.

	BATT.L	LITU.L	Difference
Sharpe ratio: Return per unit of total volatility	3.11	3.26	-0.15
Sortino ratio: Return per unit of downside risk	3.60	3.62	-0.03
Omega ratio: Gain probability vs. loss probability	1.47	1.47	0.00
Calmar ratio: Return relative to maximum drawdown	5.90	6.45	-0.55
Martin ratio: Return relative to average drawdown	19.06	20.42	-1.36

BATT.L vs. LITU.L - Sharpe Ratio Comparison

The current BATT.L Sharpe Ratio is 3.11, which is comparable to the LITU.L Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of BATT.L and LITU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BATT.L vs. LITU.L - Drawdown Comparison

The maximum BATT.L drawdown since its inception was -39.69%, smaller than the maximum LITU.L drawdown of -62.94%. Use the drawdown chart below to compare losses from any high point for BATT.L and LITU.L.

Drawdown Indicators

	BATT.L	LITU.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.69%	-62.94%	+23.25%
Max Drawdown (1Y) Largest decline over 1 year	-16.54%	-16.27%	-0.27%
Max Drawdown (3Y) Largest decline over 3 years	-33.90%	-51.89%	+17.99%
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	—	—
Current Drawdown Current decline from peak	-16.44%	-14.46%	-1.98%
Average Drawdown Average peak-to-trough decline	-11.99%	-34.98%	+22.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.13%	5.15%	-0.02%

Volatility

BATT.L vs. LITU.L - Volatility Comparison

L&G Battery Value-Chain UCITS ETF (BATT.L) and Global X Lithium & Battery Tech UCITS ETF USD Acc (LITU.L) have volatilities of 10.91% and 10.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATT.L	LITU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.91%	10.62%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	25.79%	23.19%	+2.60%
Volatility (1Y) Calculated over the trailing 1-year period	31.38%	32.19%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.92%	30.62%	-4.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.32%	30.62%	-5.30%

BATT.L vs. LITU.L - Expense Ratio Comparison

BATT.L has a 0.49% expense ratio, which is lower than LITU.L's 0.60% expense ratio.

Dividends

BATT.L vs. LITU.L - Dividend Comparison

Neither BATT.L nor LITU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BATT.L and LITU.L in my portfolio?

BATT.L and LITU.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BATT.L or LITU.L?

On fees, BATT.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BATT.L or LITU.L?

BATT.L is cheaper with a 0.49% expense ratio, compared with 0.60% for LITU.L.

What is the main difference between BATT.L and LITU.L?

BATT.L tracks Solactive Battery Value-Chain Index, while LITU.L tracks Solactive Global Lithium v2 Index. They also come from different issuers: Legal & General and Global X. Their fees differ too: 0.49% for BATT.L and 0.60% for LITU.L.