LITP vs. SQM
LITP (Sprott Lithium Miners ETF) is Lithium & Battery Metals fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross, while SQM (Sociedad Química y Minera de Chile S.A.) is a stock. Over the past 3 years, LITP returned -13.11%/yr vs -1.04%/yr for SQM. Their 0.76 correlation means they have sometimes moved together and sometimes differently.
Performance
LITP vs. SQM - Performance Comparison
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Returns By Period
In the year-to-date period, LITP achieves a -17.54% return, which is significantly lower than SQM's -1.42% return.
LITP
- 1D
- -1.30%
- 1M
- -19.49%
- 6M
- -23.27%
- YTD
- -17.54%
- 1Y
- 63.07%
- 3Y*
- -13.11%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.86%
SQM
- 1D
- -2.00%
- 1M
- -7.76%
- 6M
- -11.74%
- YTD
- -1.42%
- 1Y
- 89.78%
- 3Y*
- -1.04%
- 5Y*
- 11.73%
- 10Y*
- 15.01%
- ALL TIME*
- 16.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $235.50K | $292.96K | $956.89K | |
| $66.47M | $68.86M | $87.99M |
LITP vs. SQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LITP Sprott Lithium Miners ETF | -17.54% | 94.65% | -43.85% | -36.71% |
SQM Sociedad Química y Minera de Chile S.A. | -1.42% | 89.55% | -39.35% | -32.61% |
Correlation
The correlation between LITP and SQM is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023 | 0.76 |
The correlation between LITP and SQM has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.
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Return for Risk
LITP vs. SQM — Risk / Return Rank
LITP
SQM
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.
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 | SQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.27 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 2.85 | -1.44 |
| Martin ratioReturn relative to average drawdown | 3.81 | 7.32 | -3.51 |
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Drawdowns
LITP vs. SQM - Drawdown Comparison
The maximum LITP drawdown since its inception was -74.94%, 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.
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Drawdown Indicators
| LITP | SQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.94% | -78.34% | +3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -45.50% | -29.91% | -15.59% |
Max Drawdown (3Y)Largest decline over 3 years | -70.76% | -56.55% | -14.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -69.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.98% | — |
Current DrawdownCurrent decline from peak | -45.32% | -31.59% | -13.73% |
Average DrawdownAverage peak-to-trough decline | -42.29% | -30.30% | -11.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.84% | 11.63% | +5.21% |
Volatility
LITP vs. SQM - Volatility Comparison
The current volatility for Sprott Lithium Miners ETF (LITP) is 10.66%, while Sociedad Química y Minera de Chile S.A. (SQM) has a volatility of 11.42%. This indicates that LITP experiences smaller price fluctuations and is considered to be less risky than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LITP | SQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.66% | 11.42% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 40.49% | 36.74% | +3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.82% | 50.16% | +8.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.58% | 49.84% | -2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.58% | 46.25% | +1.33% |
Dividends
LITP vs. SQM - Dividend Comparison
LITP's dividend yield for the trailing twelve months is around 8.98%, more than SQM's 1.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LITP Sprott Lithium Miners ETF | 8.98% | 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. | 1.72% | 0.18% | 0.59% | 8.34% | 9.66% | 3.92% | 1.64% | 4.55% | 5.37% | 2.73% | 4.77% | 2.00% |
Frequently Asked Questions
LITP and SQM have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SQM has higher volatility (11.42%) compared to LITP (10.66%). In terms of maximum drawdown, LITP dropped -74.94% vs SQM's -78.34%.
SQM currently has the higher Sharpe Ratio (1.70 vs 1.09), 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.
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