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LIT vs. MTDR

Last updated Feb 24, 2024

Compare and contrast key facts about Global X Lithium & Battery Tech ETF (LIT) and Matador Resources Company (MTDR).

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.

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

Key characteristics


LITMTDR
YTD Return-15.53%7.14%
1Y Return-32.15%14.01%
3Y Return (Ann)-12.02%42.83%
5Y Return (Ann)8.68%27.21%
10Y Return (Ann)6.65%10.15%
Sharpe Ratio-1.230.45
Daily Std Dev25.87%39.78%
Max Drawdown-61.91%-96.50%
Current Drawdown-54.33%-15.82%

Correlation

0.37
-1.001.00

The correlation between LIT and MTDR is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

LIT vs. MTDR - Performance Comparison

In the year-to-date period, LIT achieves a -15.53% return, which is significantly lower than MTDR's 7.14% return. Over the past 10 years, LIT has underperformed MTDR with an annualized return of 6.65%, while MTDR has yielded a comparatively higher 10.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%SeptemberOctoberNovemberDecember2024February
-24.55%
0.09%
LIT
MTDR

Compare stocks, funds, or ETFs


Global X Lithium & Battery Tech ETF

Matador Resources Company

LIT vs. MTDR - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 1.31%, less than MTDR's 1.40% yield.


TTM20232022202120202019201820172016201520142013
LIT
Global X Lithium & Battery Tech ETF
1.31%1.11%0.99%0.22%0.40%1.85%2.52%3.26%2.15%0.24%1.07%0.32%
MTDR
Matador Resources Company
1.15%1.14%0.52%0.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

LIT vs. MTDR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and Matador Resources Company (MTDR). 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
-1.23
MTDR
Matador Resources Company
0.45

LIT vs. MTDR - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is -1.23, which is lower than the MTDR Sharpe Ratio of 0.45. The chart below compares the 12-month rolling Sharpe Ratio of LIT and MTDR.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.50SeptemberOctoberNovemberDecember2024February
-1.23
0.45
LIT
MTDR

LIT vs. MTDR - Drawdown Comparison

The maximum LIT drawdown since its inception was -61.91%, smaller than the maximum MTDR drawdown of -96.50%. The drawdown chart below compares losses from any high point along the way for LIT and MTDR


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%SeptemberOctoberNovemberDecember2024February
-54.33%
-15.82%
LIT
MTDR

LIT vs. MTDR - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 9.84% compared to Matador Resources Company (MTDR) at 8.83%. This indicates that LIT's price experiences larger fluctuations and is considered to be riskier than MTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%SeptemberOctoberNovemberDecember2024February
9.84%
8.83%
LIT
MTDR