LIT vs. BIL
LIT (Global X Lithium & Battery Tech ETF) and BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) are both exchange-traded funds - LIT is a Lithium & Battery Metals fund tracking the Solactive Global Lithium Index, while BIL is a Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index. Both are passively managed. Over the past 10 years, LIT returned 14.81%/yr vs 2.20%/yr for BIL. At a correlation of -0.02, they often move in opposite directions. LIT charges 0.75%/yr vs 0.14%/yr for BIL.
Performance
LIT vs. BIL - Performance Comparison
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Returns By Period
In the year-to-date period, LIT achieves a 27.30% return, which is significantly higher than BIL's 1.66% return. Over the past 10 years, LIT has outperformed BIL with an annualized return of 14.81%, while BIL has yielded a comparatively lower 2.20% annualized return.
LIT
- 1D
- 0.51%
- 1M
- -3.18%
- YTD
- 27.30%
- 6M
- 26.02%
- 1Y
- 129.27%
- 3Y*
- 10.70%
- 5Y*
- 4.07%
- 10Y*
- 14.81%
BIL
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.66%
- 6M
- 1.75%
- 1Y
- 3.85%
- 3Y*
- 4.60%
- 5Y*
- 3.45%
- 10Y*
- 2.20%
LIT vs. BIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIT Global X Lithium & Battery Tech ETF | 27.30% | 60.05% | -19.19% | -12.18% | -29.91% | 36.74% | 127.88% | 3.27% | -28.63% | 64.19% |
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 1.66% | 4.15% | 5.19% | 4.94% | 1.40% | -0.10% | 0.40% | 2.03% | 1.74% | 0.69% |
Correlation
The correlation between LIT and BIL is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2010 | -0.02 |
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Return for Risk
LIT vs. BIL — Risk / Return Rank
LIT
BIL
LIT vs. BIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). 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.
| LIT | BIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.53 | ||
| Sortino ratioReturn per unit of downside risk | -169.03 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 87.41 | -85.86 |
| Calmar ratioReturn relative to maximum drawdown | 7.90 | 353.28 | -345.38 |
| Martin ratioReturn relative to average drawdown | 28.08 | 2,801.35 | -2,773.27 |
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Drawdowns
LIT vs. BIL - Drawdown Comparison
The maximum LIT drawdown since its inception was -65.91%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for LIT and BIL.
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Drawdown Indicators
| LIT | BIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.91% | -0.78% | -65.13% |
Max Drawdown (1Y)Largest decline over 1 year | -16.46% | -0.01% | -16.45% |
Max Drawdown (3Y)Largest decline over 3 years | -53.01% | -0.01% | -53.00% |
Max Drawdown (5Y)Largest decline over 5 years | -65.91% | -0.09% | -65.82% |
Max Drawdown (10Y)Largest decline over 10 years | -65.91% | -0.21% | -65.70% |
Current DrawdownCurrent decline from peak | -10.99% | 0.00% | -10.99% |
Average DrawdownAverage peak-to-trough decline | -33.56% | -0.26% | -33.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.62% | 0.00% | +4.62% |
Volatility
LIT vs. BIL - Volatility Comparison
Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 10.69% compared to SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that LIT's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIT | BIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.69% | 0.07% | +10.62% |
Volatility (6M)Calculated over the trailing 6-month period | 23.79% | 0.14% | +23.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.94% | 0.20% | +33.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.03% | 0.26% | +31.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.78% | 0.26% | +30.52% |
LIT vs. BIL - Expense Ratio Comparison
LIT has a 0.75% expense ratio, which is higher than BIL's 0.14% expense ratio.
Dividends
LIT vs. BIL - Dividend Comparison
LIT's dividend yield for the trailing twelve months is around 0.38%, less than BIL's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 3.85% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% |
LIT Global X Lithium & Battery Tech ETF | 0.38% | 0.49% | 0.93% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% |
Frequently Asked Questions
LIT and BIL have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIT has higher volatility (10.69%) compared to BIL (0.07%). In terms of maximum drawdown, LIT dropped -65.91% vs BIL's -0.78%.
On 10-year performance, LIT leads with 14.81% vs 2.20% for BIL. On fees, BIL is cheaper at 0.14% per year. On volatility, BIL has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, LIT has performed better with a 14.81% return vs 2.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BIL is cheaper with a 0.14% expense ratio, compared with 0.75% for LIT.
BIL has the higher dividend yield at 3.85%, compared with 0.38% for LIT.
LIT is categorized as Lithium & Battery Metals, while BIL is Government Bonds. LIT tracks Solactive Global Lithium Index, while BIL tracks Bloomberg 1-3 Month U.S. Treasury Bill Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.75% for LIT and 0.14% for BIL.
BIL currently has the higher Sharpe Ratio (19.37 vs 3.84), 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.
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