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EDIT vs. LIT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

EDIT vs. LIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Editas Medicine, Inc. (EDIT) and Global X Lithium & Battery Tech ETF (LIT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EDIT achieves a 36.59% return, which is significantly higher than LIT's 21.66% return. Over the past 10 years, EDIT has underperformed LIT with an annualized return of -20.00%, while LIT has yielded a comparatively higher 14.29% annualized return.


EDIT

1D
1.45%
1M
1.45%
YTD
36.59%
6M
26.70%
1Y
24.44%
3Y*
-29.73%
5Y*
-41.79%
10Y*
-20.00%

LIT

1D
0.61%
1M
-7.47%
YTD
21.66%
6M
17.92%
1Y
107.76%
3Y*
9.04%
5Y*
2.91%
10Y*
14.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDIT vs. LIT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EDIT
Editas Medicine, Inc.
36.59%61.42%-87.46%14.21%-66.59%-62.13%136.78%30.15%-25.97%89.34%
LIT
Global X Lithium & Battery Tech ETF
21.66%60.05%-19.19%-12.18%-29.91%36.74%127.88%3.27%-28.63%64.19%

Correlation

The correlation between EDIT and LIT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (3Y)
Calculated over the trailing 3-year period

0.32

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (10Y)
Calculated over the trailing 10-year period

0.36

Correlation (All Time)
Calculated using the full available price history since Feb 3, 2016

0.35

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Return for Risk

EDIT vs. LIT — Risk / Return Rank

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

EDIT
EDIT Risk / Return Rank: 5555
Overall Rank
EDIT Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
EDIT Sortino Ratio Rank: 6060
Sortino Ratio Rank
EDIT Omega Ratio Rank: 5656
Omega Ratio Rank
EDIT Calmar Ratio Rank: 5353
Calmar Ratio Rank
EDIT Martin Ratio Rank: 5252
Martin Ratio Rank

LIT
LIT Risk / Return Rank: 9191
Overall Rank
LIT Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
LIT Sortino Ratio Rank: 8888
Sortino Ratio Rank
LIT Omega Ratio Rank: 8686
Omega Ratio Rank
LIT Calmar Ratio Rank: 9494
Calmar Ratio Rank
LIT Martin Ratio Rank: 9393
Martin Ratio Rank
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.

EDIT vs. LIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Editas Medicine, Inc. (EDIT) 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.


EDITLITDifference
Sharpe ratioReturn per unit of total volatility

-2.91

Sortino ratioReturn per unit of downside risk

-2.46

Omega ratioGain probability vs. loss probability

1.13

1.47

-0.34

Calmar ratioReturn relative to maximum drawdown

0.41

6.58

-6.17

Martin ratioReturn relative to average drawdown

0.71

22.58

-21.87

EDIT vs. LIT - Sharpe Ratio Comparison

The current EDIT Sharpe Ratio is 0.26, which is lower than the LIT Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of EDIT and LIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

EDIT vs. LIT - Drawdown Comparison

The maximum EDIT drawdown since its inception was -98.92%, which is greater than LIT's maximum drawdown of -65.91%. Use the drawdown chart below to compare losses from any high point for EDIT and LIT.


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Drawdown Indicators


EDITLITDifference

Max Drawdown

Largest peak-to-trough decline

-98.92%

-65.91%

-33.01%

Max Drawdown (1Y)

Largest decline over 1 year

-59.88%

-16.46%

-43.42%

Max Drawdown (3Y)

Largest decline over 3 years

-91.18%

-53.01%

-38.17%

Max Drawdown (5Y)

Largest decline over 5 years

-98.66%

-65.91%

-32.75%

Max Drawdown (10Y)

Largest decline over 10 years

-98.92%

-65.91%

-33.01%

Current Drawdown

Current decline from peak

-96.91%

-14.94%

-81.97%

Average Drawdown

Average peak-to-trough decline

-62.73%

-33.55%

-29.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.55%

4.79%

+29.76%

Volatility

EDIT vs. LIT - Volatility Comparison

Editas Medicine, Inc. (EDIT) has a higher volatility of 32.28% compared to Global X Lithium & Battery Tech ETF (LIT) at 11.71%. This indicates that EDIT'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.


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Volatility by Period


EDITLITDifference

Volatility (1M)

Calculated over the trailing 1-month period

32.28%

11.71%

+20.57%

Volatility (6M)

Calculated over the trailing 6-month period

62.17%

24.39%

+37.78%

Volatility (1Y)

Calculated over the trailing 1-year period

93.33%

34.27%

+59.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

94.14%

32.09%

+62.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

83.80%

30.74%

+53.06%

Dividends

EDIT vs. LIT - Dividend Comparison

EDIT has not paid dividends to shareholders, while LIT's dividend yield for the trailing twelve months is around 0.40%.


PositionTTM20252024202320222021202020192018201720162015
EDIT
Editas Medicine, 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
0.40%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


EDIT and LIT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EDIT has higher volatility (32.28%) compared to LIT (11.71%). In terms of maximum drawdown, EDIT dropped -98.92% vs LIT's -65.91%.

LIT currently has the higher Sharpe Ratio (3.18 vs 0.26), 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.

Portfolio Optimizer

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