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LIT vs. BATT

Last updated Mar 1, 2024

Compare and contrast key facts about Global X Lithium & Battery Tech ETF (LIT) and Amplify Lithium & Battery Technology ETF (BATT).

LIT and BATT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIT or BATT.

Key characteristics


LITBATT
YTD Return-9.58%-11.87%
1Y Return-27.44%-26.10%
3Y Return (Ann)-9.53%-15.94%
5Y Return (Ann)10.23%-4.39%
Sharpe Ratio-1.03-1.04
Daily Std Dev26.13%24.28%
Max Drawdown-61.91%-69.38%
Current Drawdown-51.12%-50.27%

Correlation

0.87
-1.001.00

The correlation between LIT and BATT is 0.87, 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.

LIT vs. BATT - Performance Comparison

In the year-to-date period, LIT achieves a -9.58% return, which is significantly higher than BATT's -11.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%0.00%50.00%100.00%SeptemberOctoberNovemberDecember2024February
43.78%
-47.54%
LIT
BATT

Compare stocks, funds, or ETFs


Global X Lithium & Battery Tech ETF

Amplify Lithium & Battery Technology ETF

LIT vs. BATT - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 1.23%, less than BATT's 3.66% yield.


TTM20232022202120202019201820172016201520142013
LIT
Global X Lithium & Battery Tech ETF
1.23%1.11%0.99%0.22%0.40%1.85%2.52%3.26%2.15%0.24%1.07%0.32%
BATT
Amplify Lithium & Battery Technology ETF
3.66%3.23%4.14%2.32%0.21%3.22%0.89%0.00%0.00%0.00%0.00%0.00%

LIT vs. BATT - Expense Ratio Comparison

LIT has a 0.75% expense ratio, which is higher than BATT's 0.59% expense ratio.

0.75%
0.00%2.15%
0.59%
0.00%2.15%

LIT vs. BATT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and Amplify Lithium & Battery Technology ETF (BATT). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
LIT
Global X Lithium & Battery Tech ETF
-1.03
BATT
Amplify Lithium & Battery Technology ETF
-1.04

LIT vs. BATT - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is -1.03, which roughly equals the BATT Sharpe Ratio of -1.04. The chart below compares the 12-month rolling Sharpe Ratio of LIT and BATT.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.00SeptemberOctoberNovemberDecember2024February
-1.03
-1.04
LIT
BATT

LIT vs. BATT - Drawdown Comparison

The maximum LIT drawdown since its inception was -61.91%, smaller than the maximum BATT drawdown of -69.38%. The drawdown chart below compares losses from any high point along the way for LIT and BATT


-60.00%-55.00%-50.00%-45.00%-40.00%SeptemberOctoberNovemberDecember2024February
-51.12%
-50.27%
LIT
BATT

LIT vs. BATT - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 10.09% compared to Amplify Lithium & Battery Technology ETF (BATT) at 6.87%. This indicates that LIT's price experiences larger fluctuations and is considered to be riskier than BATT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%6.00%7.00%8.00%9.00%10.00%SeptemberOctoberNovemberDecember2024February
10.09%
6.87%
LIT
BATT