MTDR vs. LIT
Compare and contrast key facts about Matador Resources Company (MTDR) and Global X Lithium & Battery Tech ETF (LIT).
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: MTDR or LIT.
Performance
MTDR vs. LIT - Performance Comparison
Returns By Period
In the year-to-date period, MTDR achieves a 4.40% return, which is significantly higher than LIT's -12.39% return. Over the past 10 years, MTDR has outperformed LIT with an annualized return of 10.46%, while LIT has yielded a comparatively lower 7.79% annualized return.
MTDR
4.40%
14.03%
-4.99%
2.16%
34.11%
10.46%
LIT
-12.39%
3.48%
-2.56%
-9.03%
12.72%
7.79%
Key characteristics
| MTDR | LIT | |
|---|---|---|
| Sharpe Ratio | 0.17 | -0.21 |
| Sortino Ratio | 0.45 | -0.08 |
| Omega Ratio | 1.06 | 0.99 |
| Calmar Ratio | 0.17 | -0.11 |
| Martin Ratio | 0.38 | -0.38 |
| Ulcer Index | 15.01% | 18.10% |
| Daily Std Dev | 32.60% | 32.82% |
| Max Drawdown | -96.50% | -62.61% |
| Current Drawdown | -17.97% | -52.64% |
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Correlation
The correlation between MTDR and LIT is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
MTDR vs. LIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matador Resources Company (MTDR) 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
MTDR vs. LIT - Dividend Comparison
MTDR's dividend yield for the trailing twelve months is around 1.45%, more than LIT's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTDR Matador Resources Company | 1.45% | 1.14% | 0.52% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LIT Global X Lithium & Battery Tech ETF | 1.37% | 1.11% | 0.99% | 0.22% | 0.40% | 1.85% | 2.52% | 3.26% | 2.15% | 0.24% | 1.07% | 0.32% |
Drawdowns
MTDR vs. LIT - Drawdown Comparison
The maximum MTDR drawdown since its inception was -96.50%, which is greater than LIT's maximum drawdown of -62.61%. Use the drawdown chart below to compare losses from any high point for MTDR and LIT. For additional features, visit the drawdowns tool.
Volatility
MTDR vs. LIT - Volatility Comparison
Matador Resources Company (MTDR) and Global X Lithium & Battery Tech ETF (LIT) have volatilities of 10.32% and 10.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.