ILIT vs. SPY
Compare and contrast key facts about Ishares Lithium Miners And Producers ETF (ILIT) and SPDR S&P 500 ETF (SPY).
ILIT and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both ILIT and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ILIT or SPY.
Correlation
The correlation between ILIT and SPY is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ILIT vs. SPY - Performance Comparison
Key characteristics
ILIT:
-0.76
SPY:
2.20
ILIT:
-1.03
SPY:
2.91
ILIT:
0.89
SPY:
1.41
ILIT:
-0.45
SPY:
3.35
ILIT:
-1.22
SPY:
13.99
ILIT:
24.43%
SPY:
2.01%
ILIT:
39.19%
SPY:
12.79%
ILIT:
-66.49%
SPY:
-55.19%
ILIT:
-61.10%
SPY:
-1.35%
Returns By Period
In the year-to-date period, ILIT achieves a 7.91% return, which is significantly higher than SPY's 1.96% return.
ILIT
7.91%
6.82%
-5.88%
-28.51%
N/A
N/A
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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ILIT vs. SPY - Expense Ratio Comparison
ILIT has a 0.47% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ILIT vs. SPY — Risk-Adjusted Performance Rank
ILIT
SPY
ILIT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 6.01%, more than SPY's 1.18% 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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ILIT vs. SPY - Drawdown Comparison
The maximum ILIT drawdown since its inception was -66.49%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ILIT and SPY. For additional features, visit the drawdowns tool.
Volatility
ILIT vs. SPY - Volatility Comparison
Ishares Lithium Miners And Producers ETF (ILIT) has a higher volatility of 7.97% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that ILIT's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.