ILIT vs. BATT
Compare and contrast key facts about Ishares Lithium Miners And Producers ETF (ILIT) and Amplify Lithium & Battery Technology ETF (BATT).
ILIT and BATT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ILIT or BATT.
Correlation
The correlation between ILIT and BATT is 0.82, 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. BATT - Performance Comparison
Key characteristics
ILIT:
-0.76
BATT:
0.11
ILIT:
-1.03
BATT:
0.34
ILIT:
0.89
BATT:
1.04
ILIT:
-0.45
BATT:
0.05
ILIT:
-1.22
BATT:
0.35
ILIT:
24.43%
BATT:
7.90%
ILIT:
39.19%
BATT:
25.71%
ILIT:
-66.49%
BATT:
-69.38%
ILIT:
-61.10%
BATT:
-49.72%
Returns By Period
In the year-to-date period, ILIT achieves a 7.91% return, which is significantly higher than BATT's 3.52% return.
ILIT
7.91%
6.82%
-5.88%
-29.31%
N/A
N/A
BATT
3.52%
4.13%
2.88%
2.76%
-2.49%
N/A
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ILIT vs. BATT - Expense Ratio Comparison
ILIT has a 0.47% expense ratio, which is lower than BATT's 0.59% expense ratio.
Risk-Adjusted Performance
ILIT vs. BATT — Risk-Adjusted Performance Rank
ILIT
BATT
ILIT vs. BATT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Amplify Lithium & Battery Technology ETF (BATT). 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. BATT - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 6.01%, more than BATT's 3.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 6.01% | 6.49% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BATT Amplify Lithium & Battery Technology ETF | 3.06% | 3.17% | 3.23% | 4.14% | 2.32% | 0.22% | 3.22% | 0.90% |
Drawdowns
ILIT vs. BATT - Drawdown Comparison
The maximum ILIT drawdown since its inception was -66.49%, roughly equal to the maximum BATT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for ILIT and BATT. For additional features, visit the drawdowns tool.
Volatility
ILIT vs. BATT - Volatility Comparison
Ishares Lithium Miners And Producers ETF (ILIT) has a higher volatility of 7.97% compared to Amplify Lithium & Battery Technology ETF (BATT) at 7.45%. This indicates that ILIT's price experiences larger fluctuations and is considered to be riskier than BATT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.