ILIT vs. SQM
Compare and contrast key facts about Ishares Lithium Miners And Producers ETF (ILIT) and Sociedad Química y Minera de Chile S.A. (SQM).
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 SQM.
Correlation
The correlation between ILIT and SQM is 0.79, 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. SQM - Performance Comparison
Key characteristics
ILIT:
-0.93
SQM:
-0.45
ILIT:
-1.39
SQM:
-0.40
ILIT:
0.85
SQM:
0.96
ILIT:
-0.55
SQM:
-0.30
ILIT:
-1.42
SQM:
-0.99
ILIT:
25.84%
SQM:
19.79%
ILIT:
39.40%
SQM:
43.72%
ILIT:
-66.49%
SQM:
-77.80%
ILIT:
-62.29%
SQM:
-59.56%
Returns By Period
In the year-to-date period, ILIT achieves a 4.63% return, which is significantly lower than SQM's 10.18% return.
ILIT
4.63%
-3.40%
-10.90%
-36.14%
N/A
N/A
SQM
10.18%
6.06%
-6.01%
-17.27%
10.01%
10.43%
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Risk-Adjusted Performance
ILIT vs. SQM — Risk-Adjusted Performance Rank
ILIT
SQM
ILIT vs. SQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Sociedad Química y Minera de Chile S.A. (SQM). 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. SQM - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 6.20%, more than SQM's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 6.20% | 6.49% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SQM Sociedad Química y Minera de Chile S.A. | 0.53% | 0.59% | 8.51% | 9.79% | 3.90% | 1.65% | 4.59% | 5.41% | 2.39% | 5.31% | 2.41% | 5.83% |
Drawdowns
ILIT vs. SQM - Drawdown Comparison
The maximum ILIT drawdown since its inception was -66.49%, smaller than the maximum SQM drawdown of -77.80%. Use the drawdown chart below to compare losses from any high point for ILIT and SQM. For additional features, visit the drawdowns tool.
Volatility
ILIT vs. SQM - Volatility Comparison
The current volatility for Ishares Lithium Miners And Producers ETF (ILIT) is 7.97%, while Sociedad Química y Minera de Chile S.A. (SQM) has a volatility of 9.07%. This indicates that ILIT experiences smaller price fluctuations and is considered to be less risky than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.