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LIT vs. IDRV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LIT vs. IDRV

Last updated Aug 4, 2026
Documentation

LIT (Global X Lithium & Battery Tech ETF) and IDRV (iShares Self-Driving EV and Tech ETF) are both exchange-traded funds - LIT is a Lithium & Battery Metals fund tracking the Solactive Global Lithium Index, while IDRV is a Technology Equities fund tracking the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. Both are passively managed. Over the past 5 years, LIT returned -3.28%/yr vs -4.78%/yr for IDRV. Their 0.78 correlation means they have sometimes moved together and sometimes differently. LIT charges 0.75%/yr vs 0.48%/yr for IDRV.

Performance

LIT vs. IDRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Lithium & Battery Tech ETF (LIT) and iShares Self-Driving EV and Tech ETF (IDRV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LIT achieves a 7.47% return, which is significantly higher than IDRV's -4.49% return.

LIT

1D
0.27%
1M
-9.30%
6M
-0.59%
YTD
7.47%
1Y
71.32%
3Y*
3.89%
5Y*
-3.28%
10Y*
12.31%
ALL TIME*
6.37%

IDRV

1D
0.56%
1M
-4.71%
6M
-4.42%
YTD
-4.49%
1Y
13.74%
3Y*
-3.70%
5Y*
-4.78%
10Y*
—
ALL TIME*
6.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IDRV

iShares Self-Driving EV and Tech ETF
$1.34M$965.00K$1.24M

LIT

Global X Lithium & Battery Tech ETF
$15.25M$15.72M$33.64M

LIT vs. IDRV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
LIT
Global X Lithium & Battery Tech ETF		7.47%60.05%-19.19%-12.18%-29.91%36.74%127.88%-5.23%
IDRV
iShares Self-Driving EV and Tech ETF		-4.49%32.24%-16.05%7.83%-36.37%26.99%59.46%7.24%

Correlation

The correlation between LIT and IDRV is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.76

Correlation (3Y)
Balances recent behavior with more history.

0.82

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.80

Correlation (All Time)
Calculated using the full available price history since Apr 18, 2019

0.78

The correlation between LIT and IDRV has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.

LIT vs. IDRV - Sectors Allocation Comparison

Sectors
LIT
IDRV

Basic Materials

47.9%
14.7%

Industrials

22.9%
19.9%

Technology

20.0%
2.4%

Consumer Cyclical

9.2%
62.9%

Communication Services

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Real Estate

-

-

Utilities

-

-

Basic Materials

LIT
47.9%
IDRV
14.7%

Industrials

LIT
22.9%
IDRV
19.9%

Technology

LIT
20.0%
IDRV
2.4%

Consumer Cyclical

LIT
9.2%
IDRV
62.9%

Communication Services

LIT

-

IDRV

-

Consumer Defensive

LIT

-

IDRV

-

Energy

LIT

-

IDRV

-

Financial Services

LIT

-

IDRV

-

Healthcare

LIT

-

IDRV

-

Real Estate

LIT

-

IDRV

-

Utilities

LIT

-

IDRV

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Lithium & Battery Tech ETF

iShares Self-Driving EV and Tech ETF

Often compared with LIT:
LIT vs. BATTLIT vs. REMXLIT vs. ILITLIT vs. ALBLIT vs. ICLNLIT vs. URALIT vs. COPX
Often compared with IDRV:
IDRV vs. DRIVIDRV vs. KARSIDRV vs. ARKQIDRV vs. HAILIDRV vs. BATTIDRV vs. FDRRIDRV vs. MOTO

Return for Risk

LIT vs. IDRV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
LIT
LIT Risk / Return Rank: 7777
Overall Rank
LIT Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
LIT Sortino Ratio Rank: 8080
Sortino Ratio Rank
LIT Omega Ratio Rank: 7878
Omega Ratio Rank
LIT Calmar Ratio Rank: 7474
Calmar Ratio Rank
LIT Martin Ratio Rank: 6767
Martin Ratio Rank
IDRV
IDRV Risk / Return Rank: 2323
Overall Rank
IDRV Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
IDRV Sortino Ratio Rank: 2424
Sortino Ratio Rank
IDRV Omega Ratio Rank: 2424
Omega Ratio Rank
IDRV Calmar Ratio Rank: 2222
Calmar Ratio Rank
IDRV Martin Ratio Rank: 2424
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LIT vs. IDRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and iShares Self-Driving EV and Tech ETF (IDRV). 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.

LITIDRVDifference
Sharpe ratioReturn per unit of total volatility
2.09
0.52

+1.57

Sortino ratioReturn per unit of downside risk
2.64
0.87

+1.77

Omega ratioGain probability vs. loss probability

1.34

1.11

+0.22

Calmar ratioReturn relative to maximum drawdown

2.67

0.60

+2.07

Martin ratioReturn relative to average drawdown

8.38

1.80

+6.58

LIT vs. IDRV - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is 2.09, which is higher than the IDRV Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of LIT and IDRV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

LIT vs. IDRV - Drawdown Comparison

The maximum LIT drawdown since its inception was -65.91%, which is greater than IDRV's maximum drawdown of -53.00%. Use the drawdown chart below to compare losses from any high point for LIT and IDRV.

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Drawdown Indicators

LITIDRVDifference

Max Drawdown

Largest peak-to-trough decline

-65.91%

-53.00%

-12.91%

Max Drawdown (1Y)

Largest decline over 1 year

-26.84%

-22.83%

-4.01%

Max Drawdown (3Y)

Largest decline over 3 years

-49.14%

-40.27%

-8.87%

Max Drawdown (5Y)

Largest decline over 5 years

-65.91%

-53.00%

-12.91%

Max Drawdown (10Y)

Largest decline over 10 years

-65.91%

—

—

Current Drawdown

Current decline from peak

-24.86%

-29.72%

+4.86%

Average Drawdown

Average peak-to-trough decline

-33.48%

-22.45%

-11.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.53%

7.66%

+0.87%

Volatility

LIT vs. IDRV - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 9.27% compared to iShares Self-Driving EV and Tech ETF (IDRV) at 7.51%. This indicates that LIT's price experiences larger fluctuations and is considered to be riskier than IDRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LITIDRVDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.27%

7.51%

+1.76%

Volatility (6M)

Calculated over the trailing 6-month period

24.63%

22.10%

+2.53%

Volatility (1Y)

Calculated over the trailing 1-year period

34.43%

26.63%

+7.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.93%

28.19%

+3.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.80%

28.21%

+2.59%

LIT vs. IDRV - Expense Ratio Comparison

LIT has a 0.75% expense ratio, which is higher than IDRV's 0.48% expense ratio.

Dividends

LIT vs. IDRV - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 0.72%, less than IDRV's 1.78% yield.

PositionTTM20252024202320222021202020192018201720162015
IDRV
iShares Self-Driving EV and Tech ETF		1.78%1.70%2.68%2.17%2.29%1.12%0.69%1.29%0.00%0.00%0.00%0.00%
LIT
Global X Lithium & Battery Tech ETF		0.72%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 IDRV have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LIT has higher volatility (9.27%) compared to IDRV (7.51%). In terms of maximum drawdown, LIT dropped -65.91% vs IDRV's -53.00%.

On 5-year performance, LIT leads with -3.28% vs -4.78% for IDRV. On fees, IDRV is cheaper at 0.48% per year. On volatility, IDRV has been the lower-risk option at 7.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, LIT has performed better with a -3.28% return vs -4.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IDRV is cheaper with a 0.48% expense ratio, compared with 0.75% for LIT.

IDRV has the higher dividend yield at 1.78%, compared with 0.72% for LIT.

LIT is categorized as Lithium & Battery Metals, while IDRV is Technology Equities. LIT tracks Solactive Global Lithium Index, while IDRV tracks NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.75% for LIT and 0.48% for IDRV.

LIT currently has the higher Sharpe Ratio (2.09 vs 0.52), 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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