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.
Key characteristics
| MTDR | LIT | |
|---|---|---|
| YTD Return | 15.72% | -17.16% |
| 1Y Return | 40.35% | -27.58% |
| 3Y Return (Ann) | 39.61% | -12.18% |
| 5Y Return (Ann) | 27.84% | 9.77% |
| 10Y Return (Ann) | 9.27% | 6.46% |
| Sharpe Ratio | 1.00 | -1.00 |
| Daily Std Dev | 35.53% | 26.70% |
| Max Drawdown | -96.50% | -61.91% |
| Current Drawdown | -9.08% | -55.21% |
Correlation
The correlation between MTDR and LIT is 0.37, 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.
Performance
MTDR vs. LIT - Performance Comparison
In the year-to-date period, MTDR achieves a 15.72% return, which is significantly higher than LIT's -17.16% return. Over the past 10 years, MTDR has outperformed LIT with an annualized return of 9.27%, while LIT has yielded a comparatively lower 6.46% annualized 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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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 1.07%, less than LIT's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTDR Matador Resources Company | 1.07% | 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 | 1.34% | 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 -61.91%. 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
The current volatility for Matador Resources Company (MTDR) is 5.85%, while Global X Lithium & Battery Tech ETF (LIT) has a volatility of 7.20%. This indicates that MTDR 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.