LITP vs. GEL

Last updated Jul 14, 2026

LITP (Sprott Lithium Miners ETF) is Lithium & Battery Metals fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross, while GEL (Genesis Energy, L.P.) is a stock. Over the past 3 years, LITP returned -13.35%/yr vs 20.88%/yr for GEL. At a 0.12 correlation, their price movements are largely independent.

Performance

LITP vs. GEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Lithium Miners ETF (LITP) and Genesis Energy, L.P. (GEL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LITP achieves a -9.00% return, which is significantly lower than GEL's -4.03% return.

LITP

• 1D: -4.05%
• 1M: -27.46%
• 6M: -25.96%
• YTD: -9.00%
• 1Y: 77.65%
• 3Y*: -13.35%
• 5Y*: —
• 10Y*: —

GEL

• 1D: 0.69%
• 1M: -3.11%
• 6M: -8.10%
• YTD: -4.03%
• 1Y: -10.55%
• 3Y*: 20.88%
• 5Y*: 11.97%
• 10Y*: -2.77%

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

LITP vs. GEL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LITP Sprott Lithium Miners ETF	-9.00%	94.65%	-43.85%	-36.71%
GEL Genesis Energy, L.P.	-4.03%	61.77%	-8.37%	6.77%

Correlation

The correlation between LITP and GEL 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	0.10
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023	0.12

The correlation between LITP and GEL shifts across timeframes, from -0.03 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LITP vs. GEL — Risk / Return Rank

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

LITP

LITP Risk / Return Rank: 46
LITP Sharpe Ratio Rank: 47
LITP Sortino Ratio Rank: 48
LITP Omega Ratio Rank: 43
LITP Calmar Ratio Rank: 49
LITP Martin Ratio Rank: 44

GEL

GEL Risk / Return Rank: 26
GEL Sharpe Ratio Rank: 28
GEL Sortino Ratio Rank: 25
GEL Omega Ratio Rank: 26
GEL Calmar Ratio Rank: 30
GEL Martin Ratio Rank: 19

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.

LITP vs. GEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Lithium Miners ETF (LITP) and Genesis Energy, L.P. (GEL). 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.

	LITP	GEL	Difference
Sharpe ratio: Return per unit of total volatility	1.30	-0.38	+1.68
Sortino ratio: Return per unit of downside risk	1.93	-0.38	+2.31
Omega ratio: Gain probability vs. loss probability	1.23	0.96	+0.27
Calmar ratio: Return relative to maximum drawdown	1.97	-0.44	+2.41
Martin ratio: Return relative to average drawdown	5.68	-1.12	+6.80

LITP vs. GEL - Sharpe Ratio Comparison

The current LITP Sharpe Ratio is 1.30, which is higher than the GEL Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of LITP and GEL, 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

LITP vs. GEL - Drawdown Comparison

The maximum LITP drawdown since its inception was -74.94%, smaller than the maximum GEL drawdown of -91.63%. Use the drawdown chart below to compare losses from any high point for LITP and GEL.

Drawdown Indicators

	LITP	GEL	Difference
Max Drawdown Largest peak-to-trough decline	-74.94%	-91.63%	+16.69%
Max Drawdown (1Y) Largest decline over 1 year	-39.65%	-24.19%	-15.46%
Max Drawdown (3Y) Largest decline over 3 years	-74.10%	-31.46%	-42.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-89.61%	—
Current Drawdown Current decline from peak	-39.65%	-40.11%	+0.46%
Average Drawdown Average peak-to-trough decline	-42.28%	-34.16%	-8.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.71%	9.48%	+4.23%

Volatility

LITP vs. GEL - Volatility Comparison

Sprott Lithium Miners ETF (LITP) has a higher volatility of 15.45% compared to Genesis Energy, L.P. (GEL) at 9.61%. This indicates that LITP's price experiences larger fluctuations and is considered to be riskier than GEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LITP	GEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.45%	9.61%	+5.84%
Volatility (6M) Calculated over the trailing 6-month period	41.45%	18.88%	+22.57%
Volatility (1Y) Calculated over the trailing 1-year period	60.00%	28.09%	+31.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.74%	41.08%	+6.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.74%	51.20%	-3.46%

Dividends

LITP vs. GEL - Dividend Comparison

LITP's dividend yield for the trailing twelve months is around 8.14%, more than GEL's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GEL Genesis Energy, L.P.	4.71%	4.23%	6.08%	5.18%	5.88%	5.60%	16.10%	10.74%	11.37%	11.87%	7.54%	6.72%
LITP Sprott Lithium Miners ETF	8.14%	7.41%	6.55%	2.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LITP and GEL in my portfolio?

LITP and GEL 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, LITP or GEL?

LITP has higher volatility (15.45%) compared to GEL (9.61%). In terms of maximum drawdown, LITP dropped -74.94% vs GEL's -91.63%.

Which has better risk-adjusted returns?

LITP currently has the higher Sharpe Ratio (1.30 vs -0.38), 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.