LIT vs. USOY
LIT (Global X Lithium & Battery Tech ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - LIT is a Commodity Producers Equities fund tracking the Solactive Global Lithium Index, while USOY is a Derivative Income fund actively managed by Defiance. LIT is passively managed, while USOY is actively managed. Over the past year, LIT returned 135.24% vs 57.29% for USOY. At a 0.00 correlation, their price movements are largely independent. LIT charges 0.75%/yr vs 1.22%/yr for USOY.
Performance
LIT vs. USOY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LIT achieves a 30.84% return, which is significantly lower than USOY's 62.18% return.
LIT
- 1D
- -1.78%
- 1M
- -2.59%
- YTD
- 30.84%
- 6M
- 34.89%
- 1Y
- 135.24%
- 3Y*
- 11.20%
- 5Y*
- 4.98%
- 10Y*
- 14.81%
USOY
- 1D
- 1.45%
- 1M
- -3.43%
- YTD
- 62.18%
- 6M
- 59.35%
- 1Y
- 57.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LIT vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LIT Global X Lithium & Battery Tech ETF | 30.84% | 60.05% | -8.41% |
USOY Defiance Oil Enhanced Options Income ETF | 62.18% | -7.93% | 7.27% |
Correlation
The correlation between LIT and USOY is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (All Time) Calculated using the full available price history since May 13, 2024 | 0.00 |
The correlation between LIT and USOY shifts across timeframes, from -0.18 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LIT vs. USOY — Risk / Return Rank
LIT
USOY
LIT vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and Defiance Oil Enhanced Options Income ETF (USOY). 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.
| LIT | USOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.35 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 10.37 | 4.03 | +6.34 |
| Martin ratioReturn relative to average drawdown | 35.19 | 7.74 | +27.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LIT | USOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.16 | 1.89 | +2.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.99 | -0.72 |
Drawdowns
LIT vs. USOY - Drawdown Comparison
The maximum LIT drawdown since its inception was -65.91%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for LIT and USOY.
Loading charts...
Drawdown Indicators
| LIT | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.91% | -17.46% | -48.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -14.29% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -53.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -65.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.91% | — | — |
Current DrawdownCurrent decline from peak | -8.53% | -5.11% | -3.42% |
Average DrawdownAverage peak-to-trough decline | -33.63% | -6.47% | -27.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 7.42% | -3.56% |
Volatility
LIT vs. USOY - Volatility Comparison
The current volatility for Global X Lithium & Battery Tech ETF (LIT) is 8.67%, while Defiance Oil Enhanced Options Income ETF (USOY) has a volatility of 11.62%. This indicates that LIT experiences smaller price fluctuations and is considered to be less risky than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LIT | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.67% | 11.62% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 22.00% | 27.18% | -5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.68% | 30.44% | +2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.83% | 26.13% | +5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.66% | 26.13% | +4.53% |
LIT vs. USOY - Expense Ratio Comparison
LIT has a 0.75% expense ratio, which is lower than USOY's 1.22% expense ratio.
Dividends
LIT vs. USOY - Dividend Comparison
LIT's dividend yield for the trailing twelve months is around 0.37%, less than USOY's 54.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIT Global X Lithium & Battery Tech ETF | 0.37% | 0.49% | 0.93% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% |
USOY Defiance Oil Enhanced Options Income ETF | 54.16% | 104.32% | 48.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LIT and USOY have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USOY has higher volatility (11.62%) compared to LIT (8.67%). In terms of maximum drawdown, LIT dropped -65.91% vs USOY's -17.46%.
On 1-year performance, LIT leads with 135.24% vs 57.29% for USOY. On fees, LIT is cheaper at 0.75% per year. On volatility, LIT has been the lower-risk option at 8.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LIT has performed better with a 135.24% return vs 57.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LIT is cheaper with a 0.75% expense ratio, compared with 1.22% for USOY.
USOY has the higher dividend yield at 54.16%, compared with 0.37% for LIT.
LIT is categorized as Commodity Producers Equities, while USOY is Derivative Income. They also come from different issuers: Global X and Defiance. Their fees differ too: 0.75% for LIT and 1.22% for USOY.
LIT currently has the higher Sharpe Ratio (4.16 vs 1.89), 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.
Find the right allocation for LIT and USOY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer