BYND vs. LIT
BYND (Beyond Meat, 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 5 years, BYND returned -65.36%/yr vs -3.28%/yr for LIT. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
BYND vs. LIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BYND achieves a -25.32% return, which is significantly lower than LIT's 7.47% return.
BYND
- 1D
- 8.20%
- 1M
- -13.78%
- 6M
- -16.48%
- YTD
- -25.32%
- 1Y
- -78.66%
- 3Y*
- -66.11%
- 5Y*
- -65.36%
- 10Y*
- —
- ALL TIME*
- -44.86%
LIT
- 1D
- 0.27%
- 1M
- -9.30%
- 6M
- -0.59%
- YTD
- 7.47%
- 1Y
- 71.32%
- 3Y*
- 3.89%
- 5Y*
- -3.28%
- 10Y*
- 12.31%
- ALL TIME*
- 6.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.46M | $16.52M | $25.59M | |
| $15.25M | $15.72M | $33.64M |
BYND vs. LIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BYND Beyond Meat, Inc. | -25.32% | -78.19% | -57.75% | -27.70% | -81.11% | -47.87% | 65.34% | 64.35% |
LIT Global X Lithium & Battery Tech ETF | 7.47% | 60.05% | -19.19% | -12.18% | -29.91% | 36.74% | 127.88% | 2.25% |
Correlation
The correlation between BYND and LIT is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 2, 2019 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BYND vs. LIT — Risk / Return Rank
BYND
LIT
BYND vs. LIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Beyond Meat, Inc. (BYND) 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.
| BYND | LIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.42 | ||
| Sortino ratioReturn per unit of downside risk | -2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.34 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 2.67 | -3.59 |
| Martin ratioReturn relative to average drawdown | -1.15 | 8.38 | -9.53 |
Loading charts...
Drawdowns
BYND vs. LIT - Drawdown Comparison
The maximum BYND drawdown since its inception was -99.78%, which is greater than LIT's maximum drawdown of -65.91%. Use the drawdown chart below to compare losses from any high point for BYND and LIT.
Loading charts...
Drawdown Indicators
| BYND | LIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.78% | -65.91% | -33.87% |
Max Drawdown (1Y)Largest decline over 1 year | -85.33% | -26.84% | -58.49% |
Max Drawdown (3Y)Largest decline over 3 years | -96.70% | -49.14% | -47.56% |
Max Drawdown (5Y)Largest decline over 5 years | -99.60% | -65.91% | -33.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.91% | — |
Current DrawdownCurrent decline from peak | -99.74% | -24.86% | -74.88% |
Average DrawdownAverage peak-to-trough decline | -76.07% | -33.48% | -42.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 68.40% | 8.53% | +59.87% |
Volatility
BYND vs. LIT - Volatility Comparison
Beyond Meat, Inc. (BYND) has a higher volatility of 16.24% compared to Global X Lithium & Battery Tech ETF (LIT) at 9.27%. This indicates that BYND's price experiences larger fluctuations and is considered to be riskier than LIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BYND | LIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.24% | 9.27% | +6.97% |
Volatility (6M)Calculated over the trailing 6-month period | 73.13% | 24.63% | +48.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 236.71% | 34.43% | +202.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 127.10% | 31.93% | +95.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 116.41% | 30.80% | +85.61% |
Dividends
BYND vs. LIT - Dividend Comparison
BYND has not paid dividends to shareholders, while LIT's dividend yield for the trailing twelve months is around 0.72%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYND Beyond Meat, Inc. | 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 | 0.72% | 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
BYND and LIT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYND has higher volatility (16.24%) compared to LIT (9.27%). In terms of maximum drawdown, BYND dropped -99.78% vs LIT's -65.91%.
LIT currently has the higher Sharpe Ratio (2.09 vs -0.33), 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.
Find the right allocation for BYND and LIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer