MTDR vs. LIT

Last updated Jun 24, 2026

MTDR (Matador Resources Company) is a stock, while LIT (Global X Lithium & Battery Tech ETF) is Lithium & Battery Metals fund tracking the Solactive Global Lithium Index. Over the past 10 years, MTDR returned 10.18%/yr vs 14.22%/yr for LIT. At a 0.33 correlation, their price movements are largely independent.

Performance

MTDR vs. LIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matador Resources Company (MTDR) and Global X Lithium & Battery Tech ETF (LIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with MTDR having a 20.43% return and LIT slightly higher at 20.92%. Over the past 10 years, MTDR has underperformed LIT with an annualized return of 10.18%, while LIT has yielded a comparatively higher 14.22% annualized return.

MTDR

• 1D: -0.55%
• 1M: -11.05%
• YTD: 20.43%
• 6M: 22.44%
• 1Y: 5.87%
• 3Y*: 2.67%
• 5Y*: 8.54%
• 10Y*: 10.18%

LIT

• 1D: -5.01%
• 1M: -8.03%
• YTD: 20.92%
• 6M: 17.98%
• 1Y: 114.29%
• 3Y*: 8.82%
• 5Y*: 3.06%
• 10Y*: 14.22%

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

MTDR vs. LIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MTDR Matador Resources Company	20.43%	-22.31%	0.37%	0.57%	55.83%	207.33%	-32.89%	15.71%	-50.11%	20.85%
LIT Global X Lithium & Battery Tech ETF	20.92%	60.05%	-19.19%	-12.18%	-29.91%	36.74%	127.88%	3.27%	-28.63%	64.19%

Correlation

The correlation between MTDR and LIT is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012	0.33

Over the past year, the correlation between MTDR and LIT has dropped to 0.02 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Return for Risk

MTDR vs. LIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MTDR

MTDR Risk / Return Rank: 45
MTDR Sharpe Ratio Rank: 48
MTDR Sortino Ratio Rank: 43
MTDR Omega Ratio Rank: 42
MTDR Calmar Ratio Rank: 48
MTDR Martin Ratio Rank: 47

LIT

LIT Risk / Return Rank: 91
LIT Sharpe Ratio Rank: 94
LIT Sortino Ratio Rank: 87
LIT Omega Ratio Rank: 85
LIT Calmar Ratio Rank: 94
LIT Martin Ratio Rank: 94

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.

MTDR vs. LIT - Risk-Adjusted Trends 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.

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.

	MTDR	LIT	Difference
Sharpe ratio: Return per unit of total volatility	0.14	3.35	-3.21
Sortino ratio: Return per unit of downside risk	0.48	3.73	-3.25
Omega ratio: Gain probability vs. loss probability	1.06	1.49	-0.43
Calmar ratio: Return relative to maximum drawdown	0.20	6.98	-6.78
Martin ratio: Return relative to average drawdown	0.44	24.36	-23.92

MTDR vs. LIT - Sharpe Ratio Comparison

The current MTDR Sharpe Ratio is 0.14, which is lower than the LIT Sharpe Ratio of 3.35. The chart below compares the historical Sharpe Ratios of MTDR and LIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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 -65.91%. Use the drawdown chart below to compare losses from any high point for MTDR and LIT.

Drawdown Indicators

	MTDR	LIT	Difference
Max Drawdown Largest peak-to-trough decline	-96.50%	-65.91%	-30.59%
Max Drawdown (1Y) Largest decline over 1 year	-28.76%	-16.46%	-12.30%
Max Drawdown (3Y) Largest decline over 3 years	-46.83%	-53.01%	+6.18%
Max Drawdown (5Y) Largest decline over 5 years	-48.29%	-65.91%	+17.62%
Max Drawdown (10Y) Largest decline over 10 years	-96.50%	-65.91%	-30.59%
Current Drawdown Current decline from peak	-26.22%	-15.46%	-10.76%
Average Drawdown Average peak-to-trough decline	-25.07%	-33.56%	+8.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.42%	4.71%	+8.71%

Volatility

MTDR vs. LIT - Volatility Comparison

Matador Resources Company (MTDR) and Global X Lithium & Battery Tech ETF (LIT) have volatilities of 12.12% and 11.76%, 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.

Volatility by Period

	MTDR	LIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.12%	11.76%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	30.22%	24.39%	+5.83%
Volatility (1Y) Calculated over the trailing 1-year period	41.18%	34.30%	+6.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.26%	32.09%	+15.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.04%	30.75%	+34.29%

Dividends

MTDR vs. LIT - Dividend Comparison

MTDR's dividend yield for the trailing twelve months is around 2.85%, more than LIT's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIT Global X Lithium & Battery Tech ETF	0.40%	0.49%	0.93%	1.11%	0.99%	0.22%	0.40%	1.85%	2.52%	3.26%	2.15%	0.24%
MTDR Matador Resources Company	2.85%	3.09%	1.51%	1.14%	0.52%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MTDR and LIT in my portfolio?

MTDR and LIT have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MTDR or LIT?

MTDR has higher volatility (12.12%) compared to LIT (11.76%). In terms of maximum drawdown, MTDR dropped -96.50% vs LIT's -65.91%.

Which has better risk-adjusted returns?

LIT currently has the higher Sharpe Ratio (3.35 vs 0.14), 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.