LITP vs. ALB

In the year-to-date period, LITP achieves a -16.47% return, which is significantly higher than ALB's -30.70% return.

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This table presents a comparison of risk-adjusted performance metrics for Sprott Lithium Miners ETF (LITP) and Albemarle Corporation (ALB). 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.

The current LITP Sharpe Ratio is -1.03, which is comparable to the ALB Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of LITP and ALB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

LITP's dividend yield for the trailing twelve months is around 7.85%, more than ALB's 2.72% yield.

The maximum LITP drawdown since its inception was -74.72%, smaller than the maximum ALB drawdown of -83.90%. Use the drawdown chart below to compare losses from any high point for LITP and ALB. For additional features, visit the drawdowns tool.

The current volatility for Sprott Lithium Miners ETF (LITP) is 9.51%, while Albemarle Corporation (ALB) has a volatility of 10.81%. This indicates that LITP experiences smaller price fluctuations and is considered to be less risky than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.