LIT vs. MTDR

Last updated Jul 15, 2026

LIT (Global X Lithium & Battery Tech ETF) is Lithium & Battery Metals fund tracking the Solactive Global Lithium Index, while MTDR (Matador Resources Company) is a stock. Over the past 10 years, LIT returned 12.46%/yr vs 9.93%/yr for MTDR. At a 0.33 correlation, their price movements are largely independent.

Performance

LIT vs. MTDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Lithium & Battery Tech ETF (LIT) and Matador Resources Company (MTDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LIT achieves a 10.84% return, which is significantly lower than MTDR's 25.45% return. Over the past 10 years, LIT has outperformed MTDR with an annualized return of 12.46%, while MTDR has yielded a comparatively lower 9.93% annualized return.

LIT

• 1D: 1.91%
• 1M: -12.73%
• 6M: 1.95%
• YTD: 10.84%
• 1Y: 77.76%
• 3Y*: 2.67%
• 5Y*: -1.33%
• 10Y*: 12.46%

MTDR

• 1D: -1.19%
• 1M: -2.90%
• 6M: 24.80%
• YTD: 25.45%
• 1Y: 4.41%
• 3Y*: 2.33%
• 5Y*: 11.73%
• 10Y*: 9.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LIT vs. MTDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LIT Global X Lithium & Battery Tech ETF	10.84%	60.05%	-19.19%	-12.18%	-29.91%	36.74%	127.88%	3.27%	-28.63%	64.19%
MTDR Matador Resources Company	25.45%	-22.31%	0.37%	0.57%	55.83%	207.33%	-32.89%	15.71%	-50.11%	20.85%

Correlation

The correlation between LIT and MTDR is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012	0.33

The correlation between LIT and MTDR shifts across timeframes, from -0.03 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LIT vs. MTDR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LIT

LIT Risk / Return Rank: 81
LIT Sharpe Ratio Rank: 88
LIT Sortino Ratio Rank: 79
LIT Omega Ratio Rank: 76
LIT Calmar Ratio Rank: 81
LIT Martin Ratio Rank: 81

MTDR

MTDR Risk / Return Rank: 48
MTDR Sharpe Ratio Rank: 50
MTDR Sortino Ratio Rank: 45
MTDR Omega Ratio Rank: 45
MTDR Calmar Ratio Rank: 50
MTDR Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LIT vs. MTDR - Risk-Adjusted Trends 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.

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	MTDR	Difference
Sharpe ratio: Return per unit of total volatility	2.27	0.11	+2.16
Sortino ratio: Return per unit of downside risk	2.81	0.42	+2.38
Omega ratio: Gain probability vs. loss probability	1.36	1.05	+0.30
Calmar ratio: Return relative to maximum drawdown	3.40	0.15	+3.24
Martin ratio: Return relative to average drawdown	12.34	0.31	+12.03

LIT vs. MTDR - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is 2.27, which is higher than the MTDR Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of LIT and MTDR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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.

Drawdown Indicators

	LIT	MTDR	Difference
Max Drawdown Largest peak-to-trough decline	-65.91%	-96.50%	+30.59%
Max Drawdown (1Y) Largest decline over 1 year	-23.01%	-28.76%	+5.75%
Max Drawdown (3Y) Largest decline over 3 years	-52.39%	-46.83%	-5.56%
Max Drawdown (5Y) Largest decline over 5 years	-65.91%	-48.29%	-17.62%
Max Drawdown (10Y) Largest decline over 10 years	-65.91%	-96.50%	+30.59%
Current Drawdown Current decline from peak	-22.51%	-23.14%	+0.63%
Average Drawdown Average peak-to-trough decline	-33.51%	-25.07%	-8.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.32%	14.36%	-8.04%

Volatility

LIT vs. MTDR - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) and Matador Resources Company (MTDR) have volatilities of 9.22% and 9.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIT	MTDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.22%	9.57%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	24.63%	29.67%	-5.04%
Volatility (1Y) Calculated over the trailing 1-year period	34.41%	40.51%	-6.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.08%	47.06%	-14.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.74%	64.90%	-34.16%

Dividends

LIT vs. MTDR - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 0.70%, less than MTDR's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIT Global X Lithium & Battery Tech ETF	0.70%	0.49%	0.93%	1.11%	0.99%	0.22%	0.40%	1.85%	2.52%	3.26%	2.15%	0.24%
MTDR Matador Resources Company	2.74%	3.09%	1.51%	1.14%	0.52%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LIT and MTDR in my portfolio?

LIT and MTDR have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LIT or MTDR?

MTDR has higher volatility (9.57%) compared to LIT (9.22%). In terms of maximum drawdown, LIT dropped -65.91% vs MTDR's -96.50%.

Which has better risk-adjusted returns?

LIT currently has the higher Sharpe Ratio (2.27 vs 0.11), 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.