GOEV vs. LITP

Last updated Jun 3, 2026

GOEV (Canoo Inc.) is a stock, while LITP (Sprott Lithium Miners ETF) is Energy Equities fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross.

Performance

GOEV vs. LITP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canoo Inc. (GOEV) and Sprott Lithium Miners ETF (LITP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GOEV

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITP

• 1D: 0.31%
• 1M: -7.39%
• YTD: 35.27%
• 6M: 46.45%
• 1Y: 246.91%
• 3Y*: 1.48%
• 5Y*: —
• 10Y*: —

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

GOEV vs. LITP - Yearly Performance Comparison

	2026 (YTD)
GOEV Canoo Inc.	0.00%
LITP Sprott Lithium Miners ETF	28.65%

Return for Risk

GOEV vs. LITP — Risk / Return Rank

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

LITP

LITP Risk / Return Rank: 90
LITP Sharpe Ratio Rank: 96
LITP Sortino Ratio Rank: 86
LITP Omega Ratio Rank: 80
LITP Calmar Ratio Rank: 94
LITP Martin Ratio Rank: 92

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.

GOEV vs. LITP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canoo Inc. (GOEV) and Sprott Lithium Miners ETF (LITP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GOEV	LITP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.04	—

Drawdowns

GOEV vs. LITP - Drawdown Comparison

The maximum GOEV drawdown since its inception was 0.00%, smaller than the maximum LITP drawdown of -74.72%. Use the drawdown chart below to compare losses from any high point for GOEV and LITP.

Drawdown Indicators

	GOEV	LITP	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-74.72%	+74.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-74.31%	—
Current Drawdown Current decline from peak	0.00%	-10.29%	+10.29%
Average Drawdown Average peak-to-trough decline	0.00%	-42.32%	+42.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.19%	—

Volatility

Volatility by Period

	GOEV	LITP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	58.30%	-58.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	47.30%	-47.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	47.30%	-47.30%

Dividends

GOEV vs. LITP - Dividend Comparison

GOEV has not paid dividends to shareholders, while LITP's dividend yield for the trailing twelve months is around 5.48%.

Position	TTM	2025	2024	2023
GOEV Canoo Inc.	0.00%	0.00%	0.00%	0.00%
LITP Sprott Lithium Miners ETF	5.48%	7.41%	6.55%	2.80%