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LIT vs. VHT

Last updated Feb 24, 2024

Compare and contrast key facts about Global X Lithium & Battery Tech ETF (LIT) and Vanguard Health Care ETF (VHT).

LIT and VHT 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. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004. Both LIT and VHT 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 VHT.

Key characteristics


LITVHT
YTD Return-15.53%7.87%
1Y Return-32.15%14.24%
3Y Return (Ann)-12.02%7.35%
5Y Return (Ann)8.68%10.87%
10Y Return (Ann)6.65%11.05%
Sharpe Ratio-1.231.27
Daily Std Dev25.87%11.46%
Max Drawdown-61.91%-39.12%
Current Drawdown-54.33%0.00%

Correlation

0.50
-1.001.00

The correlation between LIT and VHT is 0.50, 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. VHT - Performance Comparison

In the year-to-date period, LIT achieves a -15.53% return, which is significantly lower than VHT's 7.87% return. Over the past 10 years, LIT has underperformed VHT with an annualized return of 6.65%, while VHT has yielded a comparatively higher 11.05% 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%
11.32%
LIT
VHT

Compare stocks, funds, or ETFs


Global X Lithium & Battery Tech ETF

Vanguard Health Care ETF

LIT vs. VHT - Dividend Comparison

LIT's dividend yield for the trailing twelve months is around 1.31%, more than VHT's 1.26% 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%
VHT
Vanguard Health Care ETF
1.26%1.36%1.33%1.14%1.21%1.89%1.38%1.31%1.45%1.22%1.02%1.12%

LIT vs. VHT - Expense Ratio Comparison

LIT has a 0.75% expense ratio, which is higher than VHT's 0.10% expense ratio.

0.75%
0.00%2.15%
0.10%
0.00%2.15%

LIT vs. VHT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Lithium & Battery Tech ETF (LIT) and Vanguard Health Care ETF (VHT). 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
VHT
Vanguard Health Care ETF
1.27

LIT vs. VHT - Sharpe Ratio Comparison

The current LIT Sharpe Ratio is -1.23, which is lower than the VHT Sharpe Ratio of 1.27. The chart below compares the 12-month rolling Sharpe Ratio of LIT and VHT.


Rolling 12-month Sharpe Ratio-2.00-1.50-1.00-0.500.000.501.001.50SeptemberOctoberNovemberDecember2024February
-1.23
1.27
LIT
VHT

LIT vs. VHT - Drawdown Comparison

The maximum LIT drawdown since its inception was -61.91%, which is greater than VHT's maximum drawdown of -39.12%. The drawdown chart below compares losses from any high point along the way for LIT and VHT


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2024February
-54.33%
0
LIT
VHT

LIT vs. VHT - Volatility Comparison

Global X Lithium & Battery Tech ETF (LIT) has a higher volatility of 9.84% compared to Vanguard Health Care ETF (VHT) at 2.72%. This indicates that LIT's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2024February
9.84%
2.72%
LIT
VHT