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MTDR vs. LIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


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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.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
-8.36%
9.12%
MTDR
LIT

Key characteristics

Sharpe Ratio

MTDR:

-0.22

LIT:

-0.47

Sortino Ratio

MTDR:

-0.09

LIT:

-0.50

Omega Ratio

MTDR:

0.99

LIT:

0.95

Calmar Ratio

MTDR:

-0.21

LIT:

-0.24

Martin Ratio

MTDR:

-0.45

LIT:

-0.82

Ulcer Index

MTDR:

16.02%

LIT:

18.69%

Daily Std Dev

MTDR:

32.46%

LIT:

32.84%

Max Drawdown

MTDR:

-96.50%

LIT:

-62.61%

Current Drawdown

MTDR:

-24.04%

LIT:

-54.77%

Returns By Period

In the year-to-date period, MTDR achieves a -3.32% return, which is significantly higher than LIT's -16.34% return. Over the past 10 years, MTDR has outperformed LIT with an annualized return of 11.06%, while LIT has yielded a comparatively lower 7.97% annualized return.


MTDR

YTD

-3.32%

1M

-7.92%

6M

-8.41%

1Y

-6.78%

5Y*

26.13%

10Y*

11.06%

LIT

YTD

-16.34%

1M

-3.60%

6M

7.41%

1Y

-15.08%

5Y*

10.04%

10Y*

7.97%

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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.


The chart of Sharpe ratio for MTDR, currently valued at -0.22, compared to the broader market-4.00-2.000.002.00-0.22-0.47
The chart of Sortino ratio for MTDR, currently valued at -0.09, compared to the broader market-4.00-2.000.002.004.00-0.09-0.50
The chart of Omega ratio for MTDR, currently valued at 0.99, compared to the broader market0.501.001.502.000.990.95
The chart of Calmar ratio for MTDR, currently valued at -0.21, compared to the broader market0.002.004.006.00-0.21-0.24
The chart of Martin ratio for MTDR, currently valued at -0.45, compared to the broader market0.0010.0020.00-0.45-0.82
MTDR
LIT

The current MTDR Sharpe Ratio is -0.22, which is higher than the LIT Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of MTDR and LIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.22
-0.47
MTDR
LIT

Dividends

MTDR vs. LIT - Dividend Comparison

MTDR's dividend yield for the trailing twelve months is around 1.57%, more than LIT's 1.44% yield.


TTM20232022202120202019201820172016201520142013
MTDR
Matador Resources Company
1.57%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
0.59%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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-24.04%
-54.77%
MTDR
LIT

Volatility

MTDR vs. LIT - Volatility Comparison

Matador Resources Company (MTDR) and Global X Lithium & Battery Tech ETF (LIT) have volatilities of 8.72% and 8.78%, 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.


6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
8.72%
8.78%
MTDR
LIT