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LIT vs. SOXX

Last updated Feb 24, 2024

Compare and contrast key facts about Global X Lithium & Battery Tech ETF (LIT) and iShares PHLX Semiconductor ETF (SOXX).

LIT and SOXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both LIT and SOXX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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

Key characteristics


LITSOXX
YTD Return-15.53%10.48%
1Y Return-32.15%55.30%
3Y Return (Ann)-12.02%16.10%
5Y Return (Ann)8.68%29.39%
10Y Return (Ann)6.65%25.15%
Sharpe Ratio-1.232.20
Daily Std Dev25.87%27.43%
Max Drawdown-61.91%-70.21%
Current Drawdown-54.33%-1.08%

Correlation

0.60
-1.001.00

The correlation between LIT and SOXX is 0.60, 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.

LIT vs. SOXX - Performance Comparison

In the year-to-date period, LIT achieves a -15.53% return, which is significantly lower than SOXX's 10.48% return. Over the past 10 years, LIT has underperformed SOXX with an annualized return of 6.65%, while SOXX has yielded a comparatively higher 25.15% 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%20.00%30.00%SeptemberOctoberNovemberDecember2024February
-24.55%
30.12%
LIT
SOXX

Compare stocks, funds, or ETFs


Global X Lithium & Battery Tech ETF

iShares PHLX Semiconductor ETF

LIT vs. SOXX - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 1.31%, more than SOXX's 0.71% 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%
SOXX
iShares PHLX Semiconductor ETF
0.71%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%1.56%1.18%

LIT vs. SOXX - Expense Ratio Comparison

LIT has a 0.75% expense ratio, which is higher than SOXX's 0.46% expense ratio.

0.75%
0.00%2.15%
0.46%
0.00%2.15%

LIT vs. SOXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and iShares PHLX Semiconductor ETF (SOXX). 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
SOXX
iShares PHLX Semiconductor ETF
2.20

LIT vs. SOXX - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is -1.23, which is lower than the SOXX Sharpe Ratio of 2.20. The chart below compares the 12-month rolling Sharpe Ratio of LIT and SOXX.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00SeptemberOctoberNovemberDecember2024February
-1.23
2.20
LIT
SOXX

LIT vs. SOXX - Drawdown Comparison

The maximum LIT drawdown since its inception was -61.91%, smaller than the maximum SOXX drawdown of -70.21%. The drawdown chart below compares losses from any high point along the way for LIT and SOXX


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2024February
-54.33%
-1.08%
LIT
SOXX

LIT vs. SOXX - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 9.84% compared to iShares PHLX Semiconductor ETF (SOXX) at 8.18%. This indicates that LIT's price experiences larger fluctuations and is considered to be riskier than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%6.00%7.00%8.00%9.00%10.00%SeptemberOctoberNovemberDecember2024February
9.84%
8.18%
LIT
SOXX