ILIT vs. ALB
Compare and contrast key facts about Ishares Lithium Miners And Producers ETF (ILIT) and Albemarle Corporation (ALB).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ILIT or ALB.
Correlation
The correlation between ILIT and ALB is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ILIT vs. ALB - Performance Comparison
Key characteristics
ILIT:
-0.76
ALB:
-0.31
ILIT:
-1.03
ALB:
-0.08
ILIT:
0.89
ALB:
0.99
ILIT:
-0.45
ALB:
-0.23
ILIT:
-1.22
ALB:
-0.66
ILIT:
24.43%
ALB:
27.23%
ILIT:
39.19%
ALB:
57.65%
ILIT:
-66.49%
ALB:
-77.22%
ILIT:
-61.10%
ALB:
-69.26%
Returns By Period
In the year-to-date period, ILIT achieves a 7.91% return, which is significantly lower than ALB's 13.26% return.
ILIT
7.91%
6.82%
-5.88%
-28.51%
N/A
N/A
ALB
13.26%
9.64%
6.77%
-14.01%
4.97%
6.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ILIT vs. ALB — Risk-Adjusted Performance Rank
ILIT
ALB
ILIT vs. ALB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Albemarle Corporation (ALB). 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.
Dividends
ILIT vs. ALB - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 6.01%, more than ALB's 1.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 6.01% | 6.49% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALB Albemarle Corporation | 1.65% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.02% | 1.74% | 1.00% | 1.42% | 2.07% | 1.83% |
Drawdowns
ILIT vs. ALB - Drawdown Comparison
The maximum ILIT drawdown since its inception was -66.49%, smaller than the maximum ALB drawdown of -77.22%. Use the drawdown chart below to compare losses from any high point for ILIT and ALB. For additional features, visit the drawdowns tool.
Volatility
ILIT vs. ALB - Volatility Comparison
The current volatility for Ishares Lithium Miners And Producers ETF (ILIT) is 7.97%, while Albemarle Corporation (ALB) has a volatility of 12.56%. This indicates that ILIT experiences smaller price fluctuations and is considered to be less risky than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.