ILIT vs. HLIT
ILIT (Ishares Lithium Miners And Producers ETF) is Lithium & Battery Metals fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while HLIT (Harmonic Inc.) is a stock. Over the past 3 years, ILIT returned -13.40%/yr vs 2.18%/yr for HLIT. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
ILIT vs. HLIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ILIT achieves a -12.80% return, which is significantly lower than HLIT's 19.31% return.
ILIT
- 1D
- 1.04%
- 1M
- -21.07%
- 6M
- -17.72%
- YTD
- -12.80%
- 1Y
- 60.15%
- 3Y*
- -13.40%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.33%
HLIT
- 1D
- 2.16%
- 1M
- -16.13%
- 6M
- 18.36%
- YTD
- 19.31%
- 1Y
- 41.32%
- 3Y*
- 2.18%
- 5Y*
- 3.20%
- 10Y*
- 13.76%
- ALL TIME*
- 1.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HLIT Harmonic Inc. | $14.83M | $17.59M | $44.93M |
| $172.10K | $273.29K | $648.98K |
ILIT vs. HLIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | -12.80% | 81.51% | -45.14% | -28.86% |
HLIT Harmonic Inc. | 19.31% | -25.25% | 1.46% | -26.66% |
Correlation
The correlation between ILIT and HLIT is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2023 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ILIT vs. HLIT — Risk / Return Rank
ILIT
HLIT
ILIT vs. HLIT - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ILIT | HLIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.19 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.09 | +0.29 |
| Martin ratioReturn relative to average drawdown | 3.91 | 3.63 | +0.28 |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| ILIT | HLIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.69% | -99.32% | +25.63% |
Max Drawdown (1Y)Largest decline over 1 year | -43.92% | -38.05% | -5.87% |
Max Drawdown (3Y)Largest decline over 3 years | -70.05% | -44.33% | -25.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.14% | — |
Current DrawdownCurrent decline from peak | -42.95% | -92.26% | +49.31% |
Average DrawdownAverage peak-to-trough decline | -45.08% | -84.37% | +39.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.45% | 11.41% | +4.04% |
Volatility
ILIT vs. HLIT - Volatility Comparison
The current volatility for Ishares Lithium Miners And Producers ETF (ILIT) is 11.17%, while Harmonic Inc. (HLIT) has a volatility of 14.97%. This indicates that ILIT experiences smaller price fluctuations and is considered to be less risky than HLIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ILIT | HLIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 14.97% | -3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 33.89% | 43.02% | -9.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.66% | 49.40% | +1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.98% | 47.92% | -5.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.98% | 50.67% | -8.69% |
Dividends
ILIT vs. HLIT - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 2.36%, while HLIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
HLIT Harmonic Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
ILIT Ishares Lithium Miners And Producers ETF | 2.36% | 2.27% | 6.48% | 0.69% |
Frequently Asked Questions
ILIT and HLIT have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HLIT has higher volatility (14.97%) compared to ILIT (11.17%). In terms of maximum drawdown, ILIT dropped -73.69% vs HLIT's -99.32%.
ILIT currently has the higher Sharpe Ratio (1.20 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ILIT and HLIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer