LITP vs. GOEV

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Lithium Miners ETF (LITP) and Canoo Inc. (GOEV).

LITP is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. It was launched on Feb 1, 2023.

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.

LITP vs. GOEV - Yearly Performance Comparison

	2026 (YTD)
LITP Sprott Lithium Miners ETF	4.74%
GOEV Canoo Inc.	0.00%

Returns By Period

LITP

• 1D: 2.47%
• 1M: -5.35%
• YTD: 10.13%
• 6M: 58.57%
• 1Y: 140.65%
• 3Y*: -2.71%
• 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)

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: 92
LITP Sharpe Ratio Rank: 95
LITP Sortino Ratio Rank: 93
LITP Omega Ratio Rank: 86
LITP Calmar Ratio Rank: 96
LITP Martin Ratio Rank: 92

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.

	LITP	GOEV	Difference
Sharpe ratio Return per unit of total volatility	2.42	—	—
Sortino ratio Return per unit of downside risk	2.83	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	4.17	—	—
Martin ratio Return relative to average drawdown	12.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LITP	GOEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	—	—

Dividends

LITP vs. GOEV - Dividend Comparison

LITP's dividend yield for the trailing twelve months is around 6.73%, while GOEV has not paid dividends to shareholders.

	TTM	2025	2024	2023
LITP Sprott Lithium Miners ETF	6.73%	7.41%	6.55%	2.80%
GOEV Canoo Inc.	0.00%	0.00%	0.00%	0.00%

Drawdowns

LITP vs. GOEV - Drawdown Comparison

The maximum LITP drawdown since its inception was -74.72%, 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	-74.72%	0.00%	-74.72%
Max Drawdown (1Y) Largest decline over 1 year	-31.12%	—	—
Current Drawdown Current decline from peak	-23.14%	0.00%	-23.14%
Average Drawdown Average peak-to-trough decline	-44.08%	0.00%	-44.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.37%	—	—

Volatility

Volatility by Period

	LITP	GOEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.79%	0.00%	+58.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.29%	0.00%	+47.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.29%	0.00%	+47.29%