LITP vs. GOEV

Last updated Jun 24, 2026

LITP (Sprott Lithium Miners ETF) is Lithium & Battery Metals fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross, while GOEV (Canoo Inc.) is a stock.

Performance

LITP vs. GOEV - Performance Comparison

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

Returns By Period

LITP

• 1D: -3.44%
• 1M: -15.71%
• YTD: 9.54%
• 6M: 4.35%
• 1Y: 167.73%
• 3Y*: -5.46%
• 5Y*: —
• 10Y*: —

GOEV

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITP vs. GOEV - Yearly Performance Comparison

	2026 (YTD)
LITP Sprott Lithium Miners ETF	8.82%
GOEV Canoo Inc.	0.00%

Return for Risk

LITP vs. GOEV — Risk / Return Rank

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

LITP

LITP Risk / Return Rank: 79
LITP Sharpe Ratio Rank: 89
LITP Sortino Ratio Rank: 72
LITP Omega Ratio Rank: 65
LITP Calmar Ratio Rank: 91
LITP Martin Ratio Rank: 80

GOEV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. GOEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Lithium Miners ETF (LITP) and Canoo Inc. (GOEV). 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	GOEV	Difference
Sharpe ratio: Return per unit of total volatility	2.80	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	5.42	—	—
Martin ratio: Return relative to average drawdown	14.80	—	—

Drawdowns

LITP vs. GOEV - Drawdown Comparison

The maximum LITP drawdown since its inception was -74.94%, which is greater than GOEV's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for LITP and GOEV.

Drawdown Indicators

	LITP	GOEV	Difference
Max Drawdown Largest peak-to-trough decline	-74.94%	0.00%	-74.94%
Max Drawdown (1Y) Largest decline over 1 year	-31.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-74.31%	—	—
Current Drawdown Current decline from peak	-27.35%	0.00%	-27.35%
Average Drawdown Average peak-to-trough decline	-42.41%	0.00%	-42.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.39%	—	—

Volatility

Volatility by Period

	LITP	GOEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	42.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	60.23%	0.00%	+60.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.79%	0.00%	+47.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.79%	0.00%	+47.79%

Dividends

LITP vs. GOEV - Dividend Comparison

LITP's dividend yield for the trailing twelve months is around 6.76%, while GOEV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
GOEV Canoo Inc.	0.00%	0.00%	0.00%	0.00%
LITP Sprott Lithium Miners ETF	6.76%	7.41%	6.55%	2.80%