HLIT.TO vs. LIT
Compare and contrast key facts about Global X Lithium Producers Index ETF (HLIT.TO) and Global X Lithium & Battery Tech ETF (LIT).
HLIT.TO and LIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HLIT.TO is a passively managed fund by Global X that tracks the performance of the Solactive Global Lithium Producers Index. It was launched on Jun 22, 2021. 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. Both HLIT.TO and LIT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HLIT.TO vs. LIT - Performance Comparison
Loading graphics...
HLIT.TO vs. LIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HLIT.TO Global X Lithium Producers Index ETF | 9.48% | 42.90% | -43.73% | -17.02% | -5.87% | 46.00% |
LIT Global X Lithium & Battery Tech ETF | 16.18% | 52.70% | -12.25% | -14.11% | -24.92% | 26.66% |
Different Trading Currencies
HLIT.TO is traded in CAD, while LIT is traded in USD. To make them comparable, the LIT values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HLIT.TO achieves a 9.48% return, which is significantly lower than LIT's 16.18% return.
HLIT.TO
- 1D
- 1.25%
- 1M
- -3.86%
- YTD
- 9.48%
- 6M
- 44.95%
- 1Y
- 77.65%
- 3Y*
- -12.21%
- 5Y*
- —
- 10Y*
- —
LIT
- 1D
- 2.42%
- 1M
- 0.55%
- YTD
- 16.18%
- 6M
- 31.02%
- 1Y
- 86.40%
- 3Y*
- 7.30%
- 5Y*
- 7.44%
- 10Y*
- 15.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HLIT.TO vs. LIT - Expense Ratio Comparison
HLIT.TO has a 0.89% expense ratio, which is higher than LIT's 0.75% expense ratio.
Return for Risk
HLIT.TO vs. LIT — Risk / Return Rank
HLIT.TO
LIT
HLIT.TO vs. LIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Lithium Producers Index ETF (HLIT.TO) 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.
| HLIT.TO | LIT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 2.58 | -0.67 |
Sortino ratioReturn per unit of downside risk | 2.43 | 3.19 | -0.77 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.01 | 4.53 | -1.52 |
Martin ratioReturn relative to average drawdown | 8.73 | 15.16 | -6.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HLIT.TO | LIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 2.58 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.25 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.34 | -0.34 |
Correlation
The correlation between HLIT.TO and LIT is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HLIT.TO vs. LIT - Dividend Comparison
HLIT.TO's dividend yield for the trailing twelve months is around 0.11%, less than LIT's 0.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIT.TO Global X Lithium Producers Index ETF | 0.11% | 0.12% | 2.24% | 2.58% | 1.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LIT Global X Lithium & Battery Tech ETF | 0.42% | 0.49% | 0.93% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% |
Drawdowns
HLIT.TO vs. LIT - Drawdown Comparison
The maximum HLIT.TO drawdown since its inception was -77.20%, which is greater than LIT's maximum drawdown of -61.42%. Use the drawdown chart below to compare losses from any high point for HLIT.TO and LIT.
Loading graphics...
Drawdown Indicators
| HLIT.TO | LIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.20% | -65.91% | -11.29% |
Max Drawdown (1Y)Largest decline over 1 year | -23.73% | -17.61% | -6.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -65.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.91% | — |
Current DrawdownCurrent decline from peak | -46.55% | -19.86% | -26.69% |
Average DrawdownAverage peak-to-trough decline | -37.68% | -33.90% | -3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.35% | 4.63% | +3.72% |
Volatility
HLIT.TO vs. LIT - Volatility Comparison
Global X Lithium Producers Index ETF (HLIT.TO) has a higher volatility of 13.79% compared to Global X Lithium & Battery Tech ETF (LIT) at 11.90%. This indicates that HLIT.TO'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 graphics...
Volatility by Period
| HLIT.TO | LIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.79% | 11.90% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 29.37% | 24.32% | +5.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.95% | 33.70% | +7.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.78% | 29.54% | +9.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.78% | 28.30% | +10.48% |