BWA vs. LIT
BWA (BorgWarner Inc.) is a stock, while LIT (Global X Lithium & Battery Tech ETF) is Lithium & Battery Metals fund tracking the Solactive Global Lithium Index. Over the past 10 years, BWA returned 10.12%/yr vs 12.66%/yr for LIT. Their 0.48 correlation means their historical movements had little consistent relationship.
Performance
BWA vs. LIT - Performance Comparison
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Returns By Period
In the year-to-date period, BWA achieves a 42.21% return, which is significantly higher than LIT's 7.18% return. Over the past 10 years, BWA has underperformed LIT with an annualized return of 10.12%, while LIT has yielded a comparatively higher 12.66% annualized return.
BWA
- 1D
- -1.04%
- 1M
- 0.35%
- 6M
- 35.16%
- YTD
- 42.21%
- 1Y
- 72.15%
- 3Y*
- 12.58%
- 5Y*
- 9.68%
- 10Y*
- 10.12%
- ALL TIME*
- 11.28%
LIT
- 1D
- -0.85%
- 1M
- -9.55%
- 6M
- -0.62%
- YTD
- 7.18%
- 1Y
- 70.85%
- 3Y*
- 2.87%
- 5Y*
- -2.82%
- 10Y*
- 12.66%
- ALL TIME*
- 6.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $127.54M | $141.73M | $209.78M | |
| $15.35M | $16.35M | $33.70M |
BWA vs. LIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWA BorgWarner Inc. | 42.21% | 43.88% | -10.15% | 2.50% | -9.18% | 18.39% | -9.19% | 27.13% | -30.97% | 31.24% |
LIT Global X Lithium & Battery Tech ETF | 7.18% | 60.05% | -19.19% | -12.18% | -29.91% | 36.74% | 127.88% | 3.27% | -28.63% | 64.19% |
Correlation
The correlation between BWA and LIT is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2010 | 0.48 |
The correlation between BWA and LIT shifts across timeframes, from 0.35 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BWA vs. LIT — Risk / Return Rank
BWA
LIT
BWA vs. LIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BorgWarner Inc. (BWA) 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.
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.
| BWA | LIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.33 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 2.62 | +0.56 |
| Martin ratioReturn relative to average drawdown | 7.35 | 8.37 | -1.02 |
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Drawdowns
BWA vs. LIT - Drawdown Comparison
The maximum BWA drawdown since its inception was -72.15%, which is greater than LIT's maximum drawdown of -65.91%. Use the drawdown chart below to compare losses from any high point for BWA and LIT.
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Drawdown Indicators
| BWA | LIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.15% | -65.91% | -6.24% |
Max Drawdown (1Y)Largest decline over 1 year | -23.80% | -26.84% | +3.04% |
Max Drawdown (3Y)Largest decline over 3 years | -40.24% | -49.44% | +9.20% |
Max Drawdown (5Y)Largest decline over 5 years | -45.88% | -65.91% | +20.03% |
Max Drawdown (10Y)Largest decline over 10 years | -64.59% | -65.91% | +1.32% |
Current DrawdownCurrent decline from peak | -17.25% | -25.06% | +7.81% |
Average DrawdownAverage peak-to-trough decline | -21.99% | -33.48% | +11.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.31% | 8.40% | +1.91% |
Volatility
BWA vs. LIT - Volatility Comparison
The current volatility for BorgWarner Inc. (BWA) is 8.18%, while Global X Lithium & Battery Tech ETF (LIT) has a volatility of 9.34%. This indicates that BWA 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.
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Volatility by Period
| BWA | LIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.18% | 9.34% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 34.06% | 25.15% | +8.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 34.47% | +5.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.36% | 31.93% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.62% | 30.80% | +3.82% |
Dividends
BWA vs. LIT - Dividend Comparison
BWA's dividend yield for the trailing twelve months is around 1.07%, more than LIT's 0.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWA BorgWarner Inc. | 1.07% | 1.24% | 1.38% | 1.45% | 1.69% | 1.51% | 1.76% | 1.57% | 1.96% | 1.15% | 1.34% | 1.20% |
LIT Global X Lithium & Battery Tech ETF | 0.73% | 0.49% | 0.93% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% |
Frequently Asked Questions
BWA and LIT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIT has higher volatility (9.34%) compared to BWA (8.18%). In terms of maximum drawdown, BWA dropped -72.15% vs LIT's -65.91%.
LIT currently has the higher Sharpe Ratio (2.05 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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