ILIT vs. LITP

Last updated Aug 2, 2026

ILIT (Ishares Lithium Miners And Producers ETF) and LITP (Sprott Lithium Miners ETF) are both Lithium & Battery Metals funds - ILIT tracks the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net while LITP tracks the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, ILIT returned -14.12%/yr vs -13.11%/yr for LITP. Their correlation of 0.91 means they have usually moved in the same direction. ILIT charges 0.47%/yr vs 0.65%/yr for LITP.

Performance

ILIT vs. LITP - Performance Comparison

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

Returns By Period

In the year-to-date period, ILIT achieves a -13.69% return, which is significantly higher than LITP's -17.54% return.

ILIT

• 1D: -1.82%
• 1M: -21.88%
• 6M: -18.39%
• YTD: -13.69%
• 1Y: 58.50%
• 3Y*: -14.12%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -14.65%

LITP

• 1D: -1.30%
• 1M: -19.49%
• 6M: -23.27%
• YTD: -17.54%
• 1Y: 63.07%
• 3Y*: -13.11%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -14.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ILIT Ishares Lithium Miners And Producers ETF	$123.82K	$257.26K	$657.37K
LITP Sprott Lithium Miners ETF	$235.50K	$292.96K	$956.89K

ILIT vs. LITP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ILIT Ishares Lithium Miners And Producers ETF	-13.69%	81.51%	-45.14%	-28.86%
LITP Sprott Lithium Miners ETF	-17.54%	94.65%	-43.85%	-30.89%

Correlation

The correlation between ILIT and LITP is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (All Time) Calculated using the full available price history since Jun 23, 2023	0.91

The correlation between ILIT and LITP has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

ILIT vs. LITP - Sectors Allocation Comparison

Sectors	ILIT	LITP
Basic Materials	82.9%	100.0%
Industrials	12.5%	-
Consumer Cyclical	4.2%	-
Technology	0.4%	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

ILIT vs. LITP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ILIT

ILIT Risk / Return Rank: 45
ILIT Sharpe Ratio Rank: 49
ILIT Sortino Ratio Rank: 52
ILIT Omega Ratio Rank: 47
ILIT Calmar Ratio Rank: 39
ILIT Martin Ratio Rank: 38

LITP

LITP Risk / Return Rank: 43
LITP Sharpe Ratio Rank: 44
LITP Sortino Ratio Rank: 48
LITP Omega Ratio Rank: 44
LITP Calmar Ratio Rank: 40
LITP Martin Ratio Rank: 37

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ILIT vs. LITP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Sprott Lithium Miners ETF (LITP). 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	LITP	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.09	+0.11
Sortino ratio: Return per unit of downside risk	1.84	1.74	+0.10
Omega ratio: Gain probability vs. loss probability	1.22	1.20	+0.01
Calmar ratio: Return relative to maximum drawdown	1.38	1.41	-0.03
Martin ratio: Return relative to average drawdown	3.98	3.81	+0.17

ILIT vs. LITP - Sharpe Ratio Comparison

The current ILIT Sharpe Ratio is 1.20, which is comparable to the LITP Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of ILIT and LITP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ILIT vs. LITP - Drawdown Comparison

The maximum ILIT drawdown since its inception was -73.69%, roughly equal to the maximum LITP drawdown of -74.94%. Use the drawdown chart below to compare losses from any high point for ILIT and LITP.

Drawdown Indicators

	ILIT	LITP	Difference
Max Drawdown Largest peak-to-trough decline	-73.69%	-74.94%	+1.25%
Max Drawdown (1Y) Largest decline over 1 year	-43.92%	-45.50%	+1.58%
Max Drawdown (3Y) Largest decline over 3 years	-70.05%	-70.76%	+0.71%
Current Drawdown Current decline from peak	-43.54%	-45.32%	+1.78%
Average Drawdown Average peak-to-trough decline	-45.08%	-42.29%	-2.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.21%	16.84%	-1.63%

Volatility

ILIT vs. LITP - Volatility Comparison

Ishares Lithium Miners And Producers ETF (ILIT) and Sprott Lithium Miners ETF (LITP) have volatilities of 10.94% and 10.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILIT	LITP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.94%	10.66%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	34.98%	40.49%	-5.51%
Volatility (1Y) Calculated over the trailing 1-year period	50.68%	58.82%	-8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.00%	47.58%	-5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.00%	47.58%	-5.58%

ILIT vs. LITP - Expense Ratio Comparison

ILIT has a 0.47% expense ratio, which is lower than LITP's 0.65% expense ratio.

Dividends

ILIT vs. LITP - Dividend Comparison

ILIT's dividend yield for the trailing twelve months is around 2.39%, less than LITP's 8.98% yield.

Position	TTM	2025	2024	2023
ILIT Ishares Lithium Miners And Producers ETF	2.39%	2.27%	6.48%	0.69%
LITP Sprott Lithium Miners ETF	8.98%	7.41%	6.55%	2.80%

Frequently Asked Questions

Can I hold both ILIT and LITP in my portfolio?

With a correlation of 0.94, ILIT and LITP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ILIT or LITP?

ILIT has higher volatility (10.94%) compared to LITP (10.66%). In terms of maximum drawdown, ILIT dropped -73.69% vs LITP's -74.94%.

Which ETF is better, ILIT or LITP?

On 3-year performance, LITP leads with -13.11% vs -14.12% for ILIT. On fees, ILIT is cheaper at 0.47% per year. On volatility, LITP has been the lower-risk option at 10.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ILIT or LITP?

Over the 3-year period, LITP has performed better with a -13.11% return vs -14.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ILIT or LITP?

ILIT is cheaper with a 0.47% expense ratio, compared with 0.65% for LITP.

Which ETF pays a higher dividend yield, ILIT or LITP?

LITP has the higher dividend yield at 8.98%, compared with 2.39% for ILIT.

What is the main difference between ILIT and LITP?

ILIT tracks STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while LITP tracks Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. They also come from different issuers: iShares and Sprott. Their fees differ too: 0.47% for ILIT and 0.65% for LITP.

Which has better risk-adjusted returns?

ILIT currently has the higher Sharpe Ratio (1.20 vs 1.09), 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.