ILIT vs. VOO

Last updated Jun 23, 2026

ILIT (Ishares Lithium Miners And Producers ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - ILIT is a Lithium & Battery Metals fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, ILIT returned -5.16%/yr vs 21.36%/yr for VOO. At a 0.41 correlation, their price movements are largely independent. ILIT charges 0.47%/yr vs 0.03%/yr for VOO.

Performance

ILIT vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lithium Miners And Producers ETF (ILIT) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILIT achieves a 20.43% return, which is significantly higher than VOO's 9.75% return.

ILIT

• 1D: -0.71%
• 1M: -6.71%
• YTD: 20.43%
• 6M: 20.23%
• 1Y: 160.57%
• 3Y*: -5.16%
• 5Y*: —
• 10Y*: —

VOO

• 1D: -0.29%
• 1M: 0.08%
• YTD: 9.75%
• 6M: 9.30%
• 1Y: 26.77%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

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

ILIT vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ILIT Ishares Lithium Miners And Producers ETF	20.43%	81.51%	-45.14%	-28.86%
VOO Vanguard S&P 500 ETF	9.75%	17.82%	24.98%	9.78%

Correlation

The correlation between ILIT and VOO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jun 23, 2023	0.41

ILIT vs. VOO - Sectors Allocation Comparison

Sectors	ILIT	VOO
Basic Materials	85.0%	1.7%
Industrials	10.8%	7.6%
Consumer Cyclical	3.7%	9.8%
Technology	0.4%	39.1%
Communication Services	-	10.5%
Consumer Defensive	-	4.5%
Energy	-	3.2%
Financial Services	-	10.9%
Healthcare	-	8.3%
Real Estate	-	1.8%
Utilities	-	2.5%

Return for Risk

ILIT vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ILIT

ILIT Risk / Return Rank: 86
ILIT Sharpe Ratio Rank: 93
ILIT Sortino Ratio Rank: 82
ILIT Omega Ratio Rank: 75
ILIT Calmar Ratio Rank: 93
ILIT Martin Ratio Rank: 85

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ILIT vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) and Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	3.20	2.17	+1.02
Sortino ratio: Return per unit of downside risk	3.47	2.93	+0.54
Omega ratio: Gain probability vs. loss probability	1.42	1.39	+0.03
Calmar ratio: Return relative to maximum drawdown	6.06	3.02	+3.04
Martin ratio: Return relative to average drawdown	17.10	13.58	+3.52

ILIT vs. VOO - Sharpe Ratio Comparison

The current ILIT Sharpe Ratio is 3.20, which is higher than the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of ILIT and VOO, 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. VOO - Drawdown Comparison

The maximum ILIT drawdown since its inception was -73.69%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ILIT and VOO.

Drawdown Indicators

	ILIT	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-73.69%	-33.99%	-39.70%
Max Drawdown (1Y) Largest decline over 1 year	-26.68%	-8.90%	-17.78%
Max Drawdown (3Y) Largest decline over 3 years	-73.69%	-18.69%	-55.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-21.22%	-1.74%	-19.48%
Average Drawdown Average peak-to-trough decline	-45.42%	-3.68%	-41.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.43%	1.98%	+7.45%

Volatility

ILIT vs. VOO - Volatility Comparison

Ishares Lithium Miners And Producers ETF (ILIT) has a higher volatility of 14.58% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that ILIT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILIT	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.58%	4.60%	+9.98%
Volatility (6M) Calculated over the trailing 6-month period	35.02%	9.73%	+25.29%
Volatility (1Y) Calculated over the trailing 1-year period	50.62%	12.39%	+38.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.97%	16.90%	+25.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.97%	18.05%	+23.92%

ILIT vs. VOO - Expense Ratio Comparison

ILIT has a 0.47% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

ILIT vs. VOO - Dividend Comparison

ILIT's dividend yield for the trailing twelve months is around 1.71%, more than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILIT Ishares Lithium Miners And Producers ETF	1.71%	2.27%	6.48%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.04%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both ILIT and VOO in my portfolio?

ILIT and VOO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ILIT or VOO?

ILIT has higher volatility (14.58%) compared to VOO (4.60%). In terms of maximum drawdown, ILIT dropped -73.69% vs VOO's -33.99%.

Which ETF is better, ILIT or VOO?

On 3-year performance, VOO leads with 21.36% vs -5.16% for ILIT. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ILIT or VOO?

Over the 3-year period, VOO has performed better with a 21.36% return vs -5.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ILIT or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.47% for ILIT.

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

ILIT has the higher dividend yield at 1.71%, compared with 1.04% for VOO.

What is the main difference between ILIT and VOO?

ILIT is categorized as Lithium & Battery Metals, while VOO is S&P 500. ILIT tracks STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while VOO tracks S&P 500 Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.47% for ILIT and 0.03% for VOO.

Which has better risk-adjusted returns?

ILIT currently has the higher Sharpe Ratio (3.20 vs 2.17), 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.