LITP vs. SQM

Last updated Apr 2, 2026

Compare and contrast key facts about Sprott Lithium Miners ETF (LITP) and Sociedad Química y Minera de Chile S.A. (SQM).

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. SQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Lithium Miners ETF (LITP) and Sociedad Química y Minera de Chile S.A. (SQM). The values are adjusted to include any dividend payments, if applicable.

LITP vs. SQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LITP Sprott Lithium Miners ETF	12.16%	94.65%	-43.85%	-36.14%
SQM Sociedad Química y Minera de Chile S.A.	18.92%	89.55%	-39.35%	-33.40%

Returns By Period

In the year-to-date period, LITP achieves a 12.16% return, which is significantly lower than SQM's 18.92% return.

LITP

• 1D: 1.85%
• 1M: -3.88%
• YTD: 12.16%
• 6M: 58.86%
• 1Y: 143.87%
• 3Y*: -2.12%
• 5Y*: —
• 10Y*: —

SQM

• 1D: 1.09%
• 1M: 8.18%
• YTD: 18.92%
• 6M: 88.38%
• 1Y: 104.66%
• 3Y*: 3.16%
• 5Y*: 13.07%
• 10Y*: 19.58%

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

Return for Risk

LITP vs. SQM — 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: 84
LITP Calmar Ratio Rank: 96
LITP Martin Ratio Rank: 93

SQM

SQM Risk / Return Rank: 88
SQM Sharpe Ratio Rank: 90
SQM Sortino Ratio Rank: 87
SQM Omega Ratio Rank: 83
SQM Calmar Ratio Rank: 91
SQM Martin Ratio Rank: 89

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. SQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Lithium Miners ETF (LITP) and Sociedad Química y Minera de Chile S.A. (SQM). 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	SQM	Difference
Sharpe ratio Return per unit of total volatility	2.47	2.05	+0.42
Sortino ratio Return per unit of downside risk	2.87	2.62	+0.25
Omega ratio Gain probability vs. loss probability	1.34	1.32	+0.03
Calmar ratio Return relative to maximum drawdown	4.66	4.25	+0.41
Martin ratio Return relative to average drawdown	13.93	10.40	+3.53
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. SQM - Sharpe Ratio Comparison

The current LITP Sharpe Ratio is 2.47, which is comparable to the SQM Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of LITP and SQM, 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	SQM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	2.05	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.42	-0.58

Correlation

The correlation between LITP and SQM is 0.76, 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. SQM - Dividend Comparison

LITP's dividend yield for the trailing twelve months is around 6.61%, more than SQM's 0.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LITP Sprott Lithium Miners ETF	6.61%	7.41%	6.55%	2.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SQM Sociedad Química y Minera de Chile S.A.	0.15%	0.18%	0.59%	8.34%	9.66%	3.92%	1.64%	4.55%	5.37%	2.73%	4.77%	2.00%

Drawdowns

LITP vs. SQM - Drawdown Comparison

The maximum LITP drawdown since its inception was -74.72%, roughly equal to the maximum SQM drawdown of -78.34%. Use the drawdown chart below to compare losses from any high point for LITP and SQM.

Drawdown Indicators

	LITP	SQM	Difference
Max Drawdown Largest peak-to-trough decline	-74.72%	-78.34%	+3.62%
Max Drawdown (1Y) Largest decline over 1 year	-31.12%	-24.49%	-6.63%
Max Drawdown (5Y) Largest decline over 5 years	—	-69.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.98%	—
Current Drawdown Current decline from peak	-21.72%	-17.47%	-4.25%
Average Drawdown Average peak-to-trough decline	-44.05%	-30.43%	-13.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.42%	10.22%	+0.20%

Volatility

LITP vs. SQM - Volatility Comparison

Sprott Lithium Miners ETF (LITP) has a higher volatility of 16.07% compared to Sociedad Química y Minera de Chile S.A. (SQM) at 14.77%. This indicates that LITP's price experiences larger fluctuations and is considered to be riskier than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LITP	SQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.07%	14.77%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	44.12%	36.43%	+7.69%
Volatility (1Y) Calculated over the trailing 1-year period	58.60%	51.39%	+7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.28%	49.54%	-2.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.28%	45.98%	+1.30%