BATT vs. LIT
Compare and contrast key facts about Amplify Lithium & Battery Technology ETF (BATT) and Global X Lithium & Battery Tech ETF (LIT).
BATT and LIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018. 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: BATT or LIT.
Key characteristics
| BATT | LIT | |
|---|---|---|
| YTD Return | -16.04% | -16.88% |
| 1Y Return | -25.47% | -29.20% |
| 3Y Return (Ann) | -15.53% | -11.91% |
| 5Y Return (Ann) | -3.75% | 9.91% |
| Sharpe Ratio | -1.10 | -1.04 |
| Daily Std Dev | 23.55% | 26.97% |
| Max Drawdown | -69.38% | -61.91% |
| Current Drawdown | -52.63% | -55.07% |
Correlation
The correlation between BATT and LIT is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BATT vs. LIT - Performance Comparison
In the year-to-date period, BATT achieves a -16.04% return, which is significantly higher than LIT's -16.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BATT vs. LIT - Expense Ratio Comparison
BATT has a 0.59% expense ratio, which is lower than LIT's 0.75% expense ratio.
Risk-Adjusted Performance
BATT vs. LIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) 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.
Dividends
BATT vs. LIT - Dividend Comparison
BATT's dividend yield for the trailing twelve months is around 3.84%, more than LIT's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATT Amplify Lithium & Battery Technology ETF | 3.84% | 3.23% | 4.14% | 2.32% | 0.21% | 3.22% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LIT Global X Lithium & Battery Tech ETF | 1.33% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% | 1.07% | 0.32% |
Drawdowns
BATT vs. LIT - Drawdown Comparison
The maximum BATT drawdown since its inception was -69.38%, which is greater than LIT's maximum drawdown of -61.91%. Use the drawdown chart below to compare losses from any high point for BATT and LIT. For additional features, visit the drawdowns tool.
Volatility
BATT vs. LIT - Volatility Comparison
The current volatility for Amplify Lithium & Battery Technology ETF (BATT) is 5.01%, while Global X Lithium & Battery Tech ETF (LIT) has a volatility of 7.13%. This indicates that BATT experiences smaller price fluctuations and is considered to be less risky than LIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.