NASA vs. ILIT

Last updated Jun 16, 2026

NASA (Tema Space Innovators ETF) and ILIT (Ishares Lithium Miners And Producers ETF) are both exchange-traded funds - NASA is a Aerospace & Defense fund actively managed by Tema, while ILIT is a Lithium & Battery Metals fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net. NASA is actively managed, while ILIT is passively managed. At a 0.29 correlation, their price movements are largely independent. NASA charges 0.75%/yr vs 0.47%/yr for ILIT.

Performance

NASA vs. ILIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Space Innovators ETF (NASA) and Ishares Lithium Miners And Producers ETF (ILIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NASA

• 1D: 1.72%
• 1M: -5.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILIT

• 1D: 0.23%
• 1M: -2.17%
• YTD: 26.61%
• 6M: 36.20%
• 1Y: 162.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NASA vs. ILIT - Yearly Performance Comparison

	2026 (YTD)
NASA Tema Space Innovators ETF	34.77%
ILIT Ishares Lithium Miners And Producers ETF	16.57%

Correlation

The correlation between NASA and ILIT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 31, 2026	0.29

Return for Risk

NASA vs. ILIT — Risk / Return Rank

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

NASA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ILIT

ILIT Risk / Return Rank: 88
ILIT Sharpe Ratio Rank: 94
ILIT Sortino Ratio Rank: 86
ILIT Omega Ratio Rank: 80
ILIT Calmar Ratio Rank: 93
ILIT Martin Ratio Rank: 89

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.

NASA vs. ILIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Space Innovators ETF (NASA) and Ishares Lithium Miners And Producers ETF (ILIT). 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.

	NASA	ILIT	Difference
Sharpe ratio: Return per unit of total volatility	—	3.24	—
Sortino ratio: Return per unit of downside risk	—	3.49	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	6.13	—
Martin ratio: Return relative to average drawdown	—	17.91	—

Drawdowns

NASA vs. ILIT - Drawdown Comparison

The maximum NASA drawdown since its inception was -25.42%, smaller than the maximum ILIT drawdown of -73.69%. Use the drawdown chart below to compare losses from any high point for NASA and ILIT.

Drawdown Indicators

	NASA	ILIT	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-73.69%	+48.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.68%	—
Current Drawdown Current decline from peak	-22.46%	-17.17%	-5.29%
Average Drawdown Average peak-to-trough decline	-5.71%	-45.56%	+39.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.11%	—

Volatility

Volatility by Period

	NASA	ILIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.70%	50.60%	+18.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.70%	42.04%	+26.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.70%	42.04%	+26.66%

NASA vs. ILIT - Expense Ratio Comparison

NASA has a 0.75% expense ratio, which is higher than ILIT's 0.47% expense ratio.

Dividends

NASA vs. ILIT - Dividend Comparison

NASA has not paid dividends to shareholders, while ILIT's dividend yield for the trailing twelve months is around 1.91%.

Position	TTM	2025	2024	2023
ILIT Ishares Lithium Miners And Producers ETF	1.91%	2.27%	6.48%	0.69%
NASA Tema Space Innovators ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NASA and ILIT in my portfolio?

NASA and ILIT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NASA or ILIT?

On fees, ILIT is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NASA or ILIT?

ILIT is cheaper with a 0.47% expense ratio, compared with 0.75% for NASA.

Which ETF pays a higher dividend yield, NASA or ILIT?

ILIT has the higher dividend yield at 1.91%, compared with 0.00% for NASA.

What is the main difference between NASA and ILIT?

NASA is categorized as Aerospace & Defense, while ILIT is Lithium & Battery Metals. They also come from different issuers: Tema and iShares. Their fees differ too: 0.75% for NASA and 0.47% for ILIT.