METL vs. LITP

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Active Metals & Miners ETF (METL) and Sprott Lithium Miners ETF (LITP).

METL and LITP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. METL is an actively managed fund by Sprott. It was launched on Sep 9, 2025. 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

METL vs. LITP - Performance Comparison

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

METL vs. LITP - Yearly Performance Comparison

	2026 (YTD)	2025
METL Sprott Active Metals & Miners ETF	6.41%	27.04%
LITP Sprott Lithium Miners ETF	10.13%	75.71%

Returns By Period

In the year-to-date period, METL achieves a 6.41% return, which is significantly lower than LITP's 10.13% return.

METL

• 1D: 6.47%
• 1M: -16.66%
• YTD: 6.41%
• 6M: 23.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITP

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

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

METL vs. LITP - Expense Ratio Comparison

METL has a 0.89% expense ratio, which is higher than LITP's 0.65% expense ratio.

METL

Sprott Active Metals & Miners ETF

LITP

Sprott Lithium Miners ETF

Return for Risk

METL vs. LITP — 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.

METL vs. LITP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Active Metals & Miners ETF (METL) and Sprott Lithium Miners ETF (LITP). 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.

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

Sharpe Ratios by Period

	METL	LITP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	-0.17	+1.80

Correlation

The correlation between METL and LITP is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

METL vs. LITP - Dividend Comparison

METL's dividend yield for the trailing twelve months is around 0.93%, less than LITP's 6.73% yield.

	TTM	2025	2024	2023
METL Sprott Active Metals & Miners ETF	0.93%	0.99%	0.00%	0.00%
LITP Sprott Lithium Miners ETF	6.73%	7.41%	6.55%	2.80%

Drawdowns

METL vs. LITP - Drawdown Comparison

The maximum METL drawdown since its inception was -27.39%, smaller than the maximum LITP drawdown of -74.72%. Use the drawdown chart below to compare losses from any high point for METL and LITP.

Drawdown Indicators

	METL	LITP	Difference
Max Drawdown Largest peak-to-trough decline	-27.39%	-74.72%	+47.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.12%	—
Current Drawdown Current decline from peak	-19.32%	-23.14%	+3.82%
Average Drawdown Average peak-to-trough decline	-6.76%	-44.08%	+37.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.37%	—

Volatility

Volatility by Period

	METL	LITP	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	44.92%	58.79%	-13.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.92%	47.29%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.92%	47.29%	-2.37%