LAC.TO vs. LIT

Last updated Apr 1, 2026

Compare and contrast key facts about Lithium Americas Corp. (LAC.TO) and Global X Lithium & Battery Tech ETF (LIT).

LIT is a passively managed fund by Global X that tracks the performance of the Solactive Global Lithium Index. It was launched on Jul 22, 2010.

Performance

LAC.TO vs. LIT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Lithium Americas Corp. (LAC.TO) and Global X Lithium & Battery Tech ETF (LIT). The values are adjusted to include any dividend payments, if applicable.

LAC.TO vs. LIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LAC.TO Lithium Americas Corp.	-7.37%	38.84%	-49.41%	-46.91%
LIT Global X Lithium & Battery Tech ETF	16.18%	52.70%	-12.25%	-6.77%

Different Trading Currencies

LAC.TO is traded in CAD, while LIT is traded in USD. To make them comparable, the LIT values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, LAC.TO achieves a -7.37% return, which is significantly lower than LIT's 16.18% return.

LAC.TO

• 1D: 4.34%
• 1M: -19.86%
• YTD: -7.37%
• 6M: -30.44%
• 1Y: 42.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LIT

• 1D: 2.42%
• 1M: 0.55%
• YTD: 16.18%
• 6M: 31.02%
• 1Y: 86.40%
• 3Y*: 7.30%
• 5Y*: 7.44%
• 10Y*: 15.64%

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

Return for Risk

LAC.TO vs. LIT — Risk / Return Rank

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

LAC.TO

LAC.TO Risk / Return Rank: 63
LAC.TO Sharpe Ratio Rank: 53
LAC.TO Sortino Ratio Rank: 77
LAC.TO Omega Ratio Rank: 71
LAC.TO Calmar Ratio Rank: 57
LAC.TO Martin Ratio Rank: 54

LIT

LIT Risk / Return Rank: 96
LIT Sharpe Ratio Rank: 97
LIT Sortino Ratio Rank: 96
LIT Omega Ratio Rank: 95
LIT Calmar Ratio Rank: 97
LIT Martin Ratio Rank: 97

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.

LAC.TO vs. LIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC.TO) and Global X Lithium & Battery Tech ETF (LIT). 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.

	LAC.TO	LIT	Difference
Sharpe ratio Return per unit of total volatility	0.32	2.58	-2.26
Sortino ratio Return per unit of downside risk	1.90	3.19	-1.29
Omega ratio Gain probability vs. loss probability	1.22	1.42	-0.20
Calmar ratio Return relative to maximum drawdown	0.67	4.53	-3.86
Martin ratio Return relative to average drawdown	1.20	15.16	-13.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LAC.TO vs. LIT - Sharpe Ratio Comparison

The current LAC.TO Sharpe Ratio is 0.32, which is lower than the LIT Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of LAC.TO and LIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LAC.TO	LIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	2.58	-2.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.25	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	0.34	-0.68

Correlation

The correlation between LAC.TO and LIT is 0.56, 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.

Dividends

LAC.TO vs. LIT - Dividend Comparison

LAC.TO has not paid dividends to shareholders, while LIT's dividend yield for the trailing twelve months is around 0.42%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LAC.TO Lithium Americas Corp.	0.00%	0.00%	0.00%	166.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LIT Global X Lithium & Battery Tech ETF	0.42%	0.49%	0.93%	1.11%	0.99%	0.22%	0.40%	1.85%	2.52%	3.26%	2.15%	0.24%

Drawdowns

LAC.TO vs. LIT - Drawdown Comparison

The maximum LAC.TO drawdown since its inception was -81.70%, which is greater than LIT's maximum drawdown of -61.42%. Use the drawdown chart below to compare losses from any high point for LAC.TO and LIT.

Drawdown Indicators

	LAC.TO	LIT	Difference
Max Drawdown Largest peak-to-trough decline	-81.70%	-65.91%	-15.79%
Max Drawdown (1Y) Largest decline over 1 year	-63.78%	-17.61%	-46.17%
Max Drawdown (5Y) Largest decline over 5 years	—	-65.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-65.91%	—
Current Drawdown Current decline from peak	-65.46%	-19.86%	-45.60%
Average Drawdown Average peak-to-trough decline	-63.60%	-33.90%	-29.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.47%	4.63%	+30.84%

Volatility

LAC.TO vs. LIT - Volatility Comparison

Lithium Americas Corp. (LAC.TO) has a higher volatility of 16.79% compared to Global X Lithium & Battery Tech ETF (LIT) at 11.90%. This indicates that LAC.TO's price experiences larger fluctuations and is considered to be riskier than LIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAC.TO	LIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.79%	11.90%	+4.89%
Volatility (6M) Calculated over the trailing 6-month period	71.98%	24.32%	+47.66%
Volatility (1Y) Calculated over the trailing 1-year period	133.78%	33.70%	+100.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.01%	29.54%	+73.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.01%	28.30%	+74.71%