MOTO vs. LIT
Compare and contrast key facts about SmartETFs Smart Transportation & Technology ETF (MOTO) and Global X Lithium & Battery Tech ETF (LIT).
MOTO and LIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOTO is an actively managed fund by Guinness Atkinson Asset Management. It was launched on Nov 15, 2019. LIT is a passively managed fund by Global X that tracks the performance of the Solactive Global Lithium Index. It was launched on Jul 22, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOTO or LIT.
Key characteristics
| MOTO | LIT | |
|---|---|---|
| YTD Return | 1.86% | -12.92% |
| 1Y Return | 14.58% | -9.35% |
| 3Y Return (Ann) | -3.84% | -21.51% |
| Sharpe Ratio | 0.85 | -0.22 |
| Sortino Ratio | 1.25 | -0.10 |
| Omega Ratio | 1.16 | 0.99 |
| Calmar Ratio | 0.72 | -0.11 |
| Martin Ratio | 3.02 | -0.39 |
| Ulcer Index | 5.60% | 17.93% |
| Daily Std Dev | 19.91% | 32.04% |
| Max Drawdown | -38.24% | -62.61% |
| Current Drawdown | -11.04% | -52.93% |
Correlation
The correlation between MOTO and LIT is 0.70, 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.
Performance
MOTO vs. LIT - Performance Comparison
In the year-to-date period, MOTO achieves a 1.86% return, which is significantly higher than LIT's -12.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MOTO vs. LIT - Expense Ratio Comparison
MOTO has a 0.68% expense ratio, which is lower than LIT's 0.75% expense ratio.
Risk-Adjusted Performance
MOTO vs. LIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SmartETFs Smart Transportation & Technology ETF (MOTO) and Global X Lithium & Battery Tech ETF (LIT). 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.
Dividends
MOTO vs. LIT - Dividend Comparison
MOTO's dividend yield for the trailing twelve months is around 2.68%, more than LIT's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOTO SmartETFs Smart Transportation & Technology ETF | 2.68% | 2.73% | 2.33% | 0.55% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LIT Global X Lithium & Battery Tech ETF | 1.38% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% | 1.07% | 0.32% |
Drawdowns
MOTO vs. LIT - Drawdown Comparison
The maximum MOTO drawdown since its inception was -38.24%, smaller than the maximum LIT drawdown of -62.61%. Use the drawdown chart below to compare losses from any high point for MOTO and LIT. For additional features, visit the drawdowns tool.
Volatility
MOTO vs. LIT - Volatility Comparison
The current volatility for SmartETFs Smart Transportation & Technology ETF (MOTO) is 4.76%, while Global X Lithium & Battery Tech ETF (LIT) has a volatility of 10.88%. This indicates that MOTO experiences smaller price fluctuations and is considered to be less risky than LIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.