LIT vs. MTDR
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.
Correlation
The correlation between LIT and MTDR is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LIT vs. MTDR - Performance Comparison
Key characteristics
LIT:
-0.35
MTDR:
-0.79
LIT:
-0.32
MTDR:
-0.96
LIT:
0.96
MTDR:
0.87
LIT:
-0.18
MTDR:
-0.74
LIT:
-0.77
MTDR:
-2.01
LIT:
15.32%
MTDR:
17.85%
LIT:
33.42%
MTDR:
45.33%
LIT:
-65.91%
MTDR:
-96.50%
LIT:
-60.39%
MTDR:
-42.09%
Returns By Period
In the year-to-date period, LIT achieves a -9.32% return, which is significantly higher than MTDR's -26.56% return. Over the past 10 years, LIT has outperformed MTDR with an annualized return of 5.39%, while MTDR has yielded a comparatively lower 4.58% annualized return.
LIT
-9.32%
-8.26%
-15.13%
-11.55%
9.81%
5.39%
MTDR
-26.56%
-21.38%
-19.95%
-36.30%
57.73%
4.58%
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Risk-Adjusted Performance
LIT vs. MTDR — Risk-Adjusted Performance Rank
LIT
MTDR
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.
Dividends
LIT vs. MTDR - Dividend Comparison
LIT's dividend yield for the trailing twelve months is around 1.03%, less than MTDR's 2.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIT Global X Lithium & Battery Tech ETF | 1.03% | 0.93% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% | 1.07% |
MTDR Matador Resources Company | 2.34% | 1.51% | 1.14% | 0.52% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LIT vs. MTDR - Drawdown Comparison
The maximum LIT drawdown since its inception was -65.91%, smaller than the maximum MTDR drawdown of -96.50%. Use the drawdown chart below to compare losses from any high point for LIT and MTDR. For additional features, visit the drawdowns tool.
Volatility
LIT vs. MTDR - Volatility Comparison
The current volatility for Global X Lithium & Battery Tech ETF (LIT) is 15.40%, while Matador Resources Company (MTDR) has a volatility of 30.53%. This indicates that LIT experiences smaller price fluctuations and is considered to be less risky than MTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.