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LIT vs. BATT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


LITBATT
YTD Return-13.60%-9.88%
1Y Return-7.75%-2.40%
3Y Return (Ann)-21.27%-19.06%
5Y Return (Ann)13.00%0.43%
Sharpe Ratio-0.25-0.10
Sortino Ratio-0.160.04
Omega Ratio0.981.00
Calmar Ratio-0.13-0.05
Martin Ratio-0.46-0.19
Ulcer Index17.83%13.82%
Daily Std Dev32.12%26.05%
Max Drawdown-62.61%-69.38%
Current Drawdown-53.29%-49.15%

Correlation

-0.50.00.51.00.9

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.

Performance

LIT vs. BATT - Performance Comparison

In the year-to-date period, LIT achieves a -13.60% return, which is significantly lower than BATT's -9.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%MayJuneJulyAugustSeptemberOctober
0.44%
3.25%
LIT
BATT

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LIT vs. BATT - Expense Ratio Comparison

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


LIT
Global X Lithium & Battery Tech ETF
Expense ratio chart for LIT: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for BATT: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

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.


LIT
Sharpe ratio
The chart of Sharpe ratio for LIT, currently valued at -0.25, compared to the broader market-2.000.002.004.006.00-0.25
Sortino ratio
The chart of Sortino ratio for LIT, currently valued at -0.16, compared to the broader market0.005.0010.00-0.16
Omega ratio
The chart of Omega ratio for LIT, currently valued at 0.98, compared to the broader market1.001.502.002.503.000.98
Calmar ratio
The chart of Calmar ratio for LIT, currently valued at -0.13, compared to the broader market0.005.0010.0015.00-0.13
Martin ratio
The chart of Martin ratio for LIT, currently valued at -0.46, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.46
BATT
Sharpe ratio
The chart of Sharpe ratio for BATT, currently valued at -0.10, compared to the broader market-2.000.002.004.006.00-0.10
Sortino ratio
The chart of Sortino ratio for BATT, currently valued at 0.04, compared to the broader market0.005.0010.000.04
Omega ratio
The chart of Omega ratio for BATT, currently valued at 1.00, compared to the broader market1.001.502.002.503.001.00
Calmar ratio
The chart of Calmar ratio for BATT, currently valued at -0.05, compared to the broader market0.005.0010.0015.00-0.05
Martin ratio
The chart of Martin ratio for BATT, currently valued at -0.19, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.19

LIT vs. BATT - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is -0.25, which is lower than the BATT Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of LIT and BATT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.00MayJuneJulyAugustSeptemberOctober
-0.25
-0.10
LIT
BATT

Dividends

LIT vs. BATT - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 1.39%, less than BATT's 3.58% yield.


TTM20232022202120202019201820172016201520142013
LIT
Global X Lithium & Battery Tech ETF
1.39%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
3.58%3.23%4.14%2.32%0.21%3.22%0.89%0.00%0.00%0.00%0.00%0.00%

Drawdowns

LIT vs. BATT - Drawdown Comparison

The maximum LIT drawdown since its inception was -62.61%, smaller than the maximum BATT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for LIT and BATT. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%-45.00%MayJuneJulyAugustSeptemberOctober
-53.29%
-49.15%
LIT
BATT

Volatility

LIT vs. BATT - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 12.01% compared to Amplify Lithium & Battery Technology ETF (BATT) at 8.47%. 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.


4.00%6.00%8.00%10.00%12.00%14.00%MayJuneJulyAugustSeptemberOctober
12.01%
8.47%
LIT
BATT