ILIT vs. HLIT
Compare and contrast key facts about Ishares Lithium Miners And Producers ETF (ILIT) and Harmonic Inc. (HLIT).
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 HLIT.
Correlation
The correlation between ILIT and HLIT is 0.29, 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.
Performance
ILIT vs. HLIT - Performance Comparison
Key characteristics
ILIT:
-1.02
HLIT:
-0.25
ILIT:
-1.69
HLIT:
-0.01
ILIT:
0.83
HLIT:
1.00
ILIT:
-0.54
HLIT:
-0.14
ILIT:
-1.44
HLIT:
-0.74
ILIT:
27.73%
HLIT:
17.62%
ILIT:
39.13%
HLIT:
51.43%
ILIT:
-73.69%
HLIT:
-99.32%
ILIT:
-70.35%
HLIT:
-94.16%
Returns By Period
In the year-to-date period, ILIT achieves a -17.74% return, which is significantly higher than HLIT's -32.73% return.
ILIT
-17.74%
-20.88%
-30.62%
-41.54%
N/A
N/A
HLIT
-32.73%
-14.34%
-38.32%
-11.27%
6.02%
1.89%
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Risk-Adjusted Performance
ILIT vs. HLIT — Risk-Adjusted Performance Rank
ILIT
HLIT
ILIT vs. HLIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Harmonic Inc. (HLIT). 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. HLIT - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 7.88%, while HLIT has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 7.88% | 6.49% | 0.69% |
HLIT Harmonic Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
ILIT vs. HLIT - Drawdown Comparison
The maximum ILIT drawdown since its inception was -73.69%, smaller than the maximum HLIT drawdown of -99.32%. Use the drawdown chart below to compare losses from any high point for ILIT and HLIT. For additional features, visit the drawdowns tool.
Volatility
ILIT vs. HLIT - Volatility Comparison
Ishares Lithium Miners And Producers ETF (ILIT) has a higher volatility of 17.47% compared to Harmonic Inc. (HLIT) at 16.51%. This indicates that ILIT's price experiences larger fluctuations and is considered to be riskier than HLIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.