HLIT vs. ILIT

Last updated Apr 2, 2026

Compare and contrast key facts about Harmonic Inc. (HLIT) and Ishares Lithium Miners And Producers ETF (ILIT).

ILIT is a passively managed fund by iShares that tracks the performance of the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net. It was launched on Jun 21, 2023.

Performance

HLIT vs. ILIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harmonic Inc. (HLIT) and Ishares Lithium Miners And Producers ETF (ILIT). The values are adjusted to include any dividend payments, if applicable.

HLIT vs. ILIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HLIT Harmonic Inc.	-8.19%	-25.25%	1.46%	-21.68%
ILIT Ishares Lithium Miners And Producers ETF	10.21%	81.51%	-45.14%	-28.86%

Returns By Period

In the year-to-date period, HLIT achieves a -8.19% return, which is significantly lower than ILIT's 10.21% return.

HLIT

• 1D: 1.11%
• 1M: -17.00%
• YTD: -8.19%
• 6M: -14.34%
• 1Y: -4.82%
• 3Y*: -14.62%
• 5Y*: 2.77%
• 10Y*: 10.69%

ILIT

• 1D: -0.06%
• 1M: -4.38%
• YTD: 10.21%
• 6M: 40.04%
• 1Y: 118.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

HLIT vs. ILIT — Risk / Return Rank

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

HLIT

HLIT Risk / Return Rank: 32
HLIT Sharpe Ratio Rank: 35
HLIT Sortino Ratio Rank: 30
HLIT Omega Ratio Rank: 31
HLIT Calmar Ratio Rank: 32
HLIT Martin Ratio Rank: 30

ILIT

ILIT Risk / Return Rank: 93
ILIT Sharpe Ratio Rank: 94
ILIT Sortino Ratio Rank: 94
ILIT Omega Ratio Rank: 86
ILIT Calmar Ratio Rank: 97
ILIT Martin Ratio Rank: 93

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.

HLIT vs. ILIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harmonic Inc. (HLIT) and Ishares Lithium Miners And Producers ETF (ILIT). 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	ILIT	Difference
Sharpe ratio Return per unit of total volatility	-0.12	2.41	-2.53
Sortino ratio Return per unit of downside risk	0.10	2.95	-2.85
Omega ratio Gain probability vs. loss probability	1.01	1.36	-0.34
Calmar ratio Return relative to maximum drawdown	-0.28	5.12	-5.39
Martin ratio Return relative to average drawdown	-0.64	14.46	-15.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HLIT vs. ILIT - Sharpe Ratio Comparison

The current HLIT Sharpe Ratio is -0.12, which is lower than the ILIT Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of HLIT and ILIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HLIT	ILIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	2.41	-2.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	-0.21	+0.22

Correlation

The correlation between HLIT and ILIT is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HLIT vs. ILIT - Dividend Comparison

HLIT has not paid dividends to shareholders, while ILIT's dividend yield for the trailing twelve months is around 2.06%.

	TTM	2025	2024	2023
HLIT Harmonic Inc.	0.00%	0.00%	0.00%	0.00%
ILIT Ishares Lithium Miners And Producers ETF	2.06%	2.27%	6.48%	0.69%

Drawdowns

HLIT vs. ILIT - Drawdown Comparison

The maximum HLIT drawdown since its inception was -99.32%, which is greater than ILIT's maximum drawdown of -73.69%. Use the drawdown chart below to compare losses from any high point for HLIT and ILIT.

Drawdown Indicators

	HLIT	ILIT	Difference
Max Drawdown Largest peak-to-trough decline	-99.32%	-73.69%	-25.63%
Max Drawdown (1Y) Largest decline over 1 year	-19.10%	-22.86%	+3.76%
Max Drawdown (5Y) Largest decline over 5 years	-55.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.14%	—	—
Current Drawdown Current decline from peak	-94.04%	-27.90%	-66.14%
Average Drawdown Average peak-to-trough decline	-84.30%	-47.84%	-36.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.33%	8.09%	+0.24%

Volatility

HLIT vs. ILIT - Volatility Comparison

The current volatility for Harmonic Inc. (HLIT) is 10.61%, while Ishares Lithium Miners And Producers ETF (ILIT) has a volatility of 11.70%. This indicates that HLIT experiences smaller price fluctuations and is considered to be less risky than ILIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HLIT	ILIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.61%	11.70%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	26.27%	37.65%	-11.38%
Volatility (1Y) Calculated over the trailing 1-year period	39.20%	49.70%	-10.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.05%	41.37%	+5.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.90%	41.37%	+8.53%