HLIT.TO vs. VRT
HLIT.TO (Global X Lithium Producers Index ETF) is Commodity Producers Equities fund tracking the Solactive Global Lithium Producers Index, while VRT (Vertiv Holdings Co.) is a stock. Over the past 3 years, HLIT.TO returned -8.89%/yr vs 159.08%/yr for VRT. At a 0.27 correlation, their price movements are largely independent.
Performance
HLIT.TO vs. VRT - Performance Comparison
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Different Trading Currencies
HLIT.TO is traded in CAD, while VRT is traded in USD. To make them comparable, the VRT 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 25.27% return, which is significantly lower than VRT's 107.23% return.
HLIT.TO
- 1D
- -2.47%
- 1M
- -5.96%
- YTD
- 25.27%
- 6M
- 34.39%
- 1Y
- 134.51%
- 3Y*
- -8.89%
- 5Y*
- —
- 10Y*
- —
VRT
- 1D
- -0.51%
- 1M
- 2.14%
- YTD
- 107.23%
- 6M
- 84.61%
- 1Y
- 199.20%
- 3Y*
- 159.08%
- 5Y*
- 72.15%
- 10Y*
- —
HLIT.TO vs. VRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HLIT.TO Global X Lithium Producers Index ETF | 25.27% | 42.90% | -43.73% | -17.02% | -5.87% | 46.00% |
VRT Vertiv Holdings Co. | 107.23% | 36.25% | 157.17% | 244.06% | -41.35% | -4.50% |
Correlation
The correlation between HLIT.TO and VRT is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021 | 0.27 |
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Return for Risk
HLIT.TO vs. VRT — Risk / Return Rank
HLIT.TO
VRT
HLIT.TO vs. VRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Lithium Producers Index ETF (HLIT.TO) and Vertiv Holdings Co. (VRT). 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 | VRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.48 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.70 | 7.82 | -2.12 |
| Martin ratioReturn relative to average drawdown | 20.16 | 22.66 | -2.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HLIT.TO | VRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.55 | 3.51 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 1.09 | -1.02 |
Drawdowns
HLIT.TO vs. VRT - Drawdown Comparison
The maximum HLIT.TO drawdown since its inception was -77.20%, which is greater than VRT's maximum drawdown of -70.58%. Use the drawdown chart below to compare losses from any high point for HLIT.TO and VRT.
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Drawdown Indicators
| HLIT.TO | VRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.20% | -70.58% | -6.62% |
Max Drawdown (1Y)Largest decline over 1 year | -23.73% | -25.63% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -74.44% | -61.70% | -12.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -70.58% | — |
Current DrawdownCurrent decline from peak | -38.85% | -10.77% | -28.08% |
Average DrawdownAverage peak-to-trough decline | -37.70% | -15.82% | -21.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.70% | 8.83% | -2.13% |
Volatility
HLIT.TO vs. VRT - Volatility Comparison
The current volatility for Global X Lithium Producers Index ETF (HLIT.TO) is 8.90%, while Vertiv Holdings Co. (VRT) has a volatility of 16.98%. This indicates that HLIT.TO experiences smaller price fluctuations and is considered to be less risky than VRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLIT.TO | VRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | 16.98% | -8.08% |
Volatility (6M)Calculated over the trailing 6-month period | 27.73% | 44.26% | -16.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.13% | 57.18% | -19.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.56% | 60.66% | -22.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.56% | 53.40% | -14.84% |
Dividends
HLIT.TO vs. VRT - Dividend Comparison
HLIT.TO's dividend yield for the trailing twelve months is around 0.09%, more than VRT's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HLIT.TO Global X Lithium Producers Index ETF | 0.09% | 0.12% | 2.24% | 2.58% | 1.88% | 0.00% | 0.00% |
VRT Vertiv Holdings Co. | 0.06% | 0.11% | 0.10% | 0.05% | 0.07% | 0.04% | 0.05% |
Frequently Asked Questions
HLIT.TO and VRT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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