LITP vs. ILIT

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Lithium Miners ETF (LITP) and Ishares Lithium Miners And Producers ETF (ILIT).

LITP and ILIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ILIT is a passively managed fund by iShares that tracks the performance of the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net. It was launched on Jun 21, 2023. Both LITP and ILIT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

LITP vs. ILIT - Performance Comparison

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

LITP vs. ILIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LITP Sprott Lithium Miners ETF	10.13%	94.65%	-43.85%	-29.42%
ILIT Ishares Lithium Miners And Producers ETF	10.28%	81.51%	-45.14%	-28.86%

Returns By Period

The year-to-date returns for both investments are quite close, with LITP having a 10.13% return and ILIT slightly higher at 10.28%.

LITP

• 1D: 2.47%
• 1M: -5.35%
• YTD: 10.13%
• 6M: 58.57%
• 1Y: 140.65%
• 3Y*: -2.71%
• 5Y*: —
• 10Y*: —

ILIT

• 1D: 1.54%
• 1M: -4.65%
• YTD: 10.28%
• 6M: 45.10%
• 1Y: 117.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITP vs. ILIT - Expense Ratio Comparison

LITP has a 0.65% expense ratio, which is higher than ILIT's 0.47% expense ratio.

LITP

Sprott Lithium Miners ETF

ILIT

Ishares Lithium Miners And Producers ETF

Return for Risk

LITP vs. ILIT — 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

ILIT

ILIT Risk / Return Rank: 93
ILIT Sharpe Ratio Rank: 95
ILIT Sortino Ratio Rank: 94
ILIT Omega Ratio Rank: 88
ILIT Calmar Ratio Rank: 97
ILIT Martin Ratio Rank: 93

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. ILIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Lithium Miners ETF (LITP) and Ishares Lithium Miners And Producers ETF (ILIT). 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	ILIT	Difference
Sharpe ratio Return per unit of total volatility	2.42	2.37	+0.05
Sortino ratio Return per unit of downside risk	2.83	2.92	-0.09
Omega ratio Gain probability vs. loss probability	1.34	1.35	-0.01
Calmar ratio Return relative to maximum drawdown	4.17	4.85	-0.67
Martin ratio Return relative to average drawdown	12.52	13.48	-0.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LITP vs. ILIT - Sharpe Ratio Comparison

The current LITP Sharpe Ratio is 2.42, which is comparable to the ILIT Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of LITP and ILIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LITP	ILIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.37	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	-0.21	+0.04

Correlation

The correlation between LITP and ILIT is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

LITP vs. ILIT - Dividend Comparison

LITP's dividend yield for the trailing twelve months is around 6.73%, more than ILIT's 2.06% yield.

	TTM	2025	2024	2023
LITP Sprott Lithium Miners ETF	6.73%	7.41%	6.55%	2.80%
ILIT Ishares Lithium Miners And Producers ETF	2.06%	2.27%	6.48%	0.69%

Drawdowns

LITP vs. ILIT - Drawdown Comparison

The maximum LITP drawdown since its inception was -74.72%, roughly equal to the maximum ILIT drawdown of -73.69%. Use the drawdown chart below to compare losses from any high point for LITP and ILIT.

Drawdown Indicators

	LITP	ILIT	Difference
Max Drawdown Largest peak-to-trough decline	-74.72%	-73.69%	-1.03%
Max Drawdown (1Y) Largest decline over 1 year	-31.12%	-22.86%	-8.26%
Current Drawdown Current decline from peak	-23.14%	-27.85%	+4.71%
Average Drawdown Average peak-to-trough decline	-44.08%	-47.87%	+3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.37%	8.22%	+2.15%

Volatility

LITP vs. ILIT - Volatility Comparison

Sprott Lithium Miners ETF (LITP) has a higher volatility of 18.81% compared to Ishares Lithium Miners And Producers ETF (ILIT) at 15.03%. This indicates that LITP's price experiences larger fluctuations and is considered to be riskier than ILIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LITP	ILIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.81%	15.03%	+3.78%
Volatility (6M) Calculated over the trailing 6-month period	44.10%	37.65%	+6.45%
Volatility (1Y) Calculated over the trailing 1-year period	58.79%	49.81%	+8.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.29%	41.40%	+5.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.29%	41.40%	+5.89%