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

Key characteristics


PICKLIT
YTD Return-1.42%-16.10%
1Y Return2.03%-31.88%
3Y Return (Ann)3.06%-10.41%
5Y Return (Ann)11.04%9.09%
10Y Return (Ann)5.38%6.24%
Sharpe Ratio0.11-1.14
Daily Std Dev22.20%27.30%
Max Drawdown-68.88%-61.91%
Current Drawdown-10.36%-54.64%

Correlation

-0.50.00.51.00.6

The correlation between PICK and LIT is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

PICK vs. LIT - Performance Comparison

In the year-to-date period, PICK achieves a -1.42% return, which is significantly higher than LIT's -16.10% return. Over the past 10 years, PICK has underperformed LIT with an annualized return of 5.38%, while LIT has yielded a comparatively higher 6.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2024FebruaryMarchApril
14.00%
-16.06%
PICK
LIT

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares MSCI Global Select Metals & Mining Producers ETF

Global X Lithium & Battery Tech ETF

PICK vs. LIT - Expense Ratio Comparison

PICK has a 0.39% expense ratio, which is lower than LIT's 0.75% expense ratio.

LIT
Global X Lithium & Battery Tech ETF
0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

PICK vs. LIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) 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.


PICK
Sharpe ratio
The chart of Sharpe ratio for PICK, currently valued at 0.11, compared to the broader market-1.000.001.002.003.004.005.000.11
Sortino ratio
The chart of Sortino ratio for PICK, currently valued at 0.33, compared to the broader market-2.000.002.004.006.008.000.33
Omega ratio
The chart of Omega ratio for PICK, currently valued at 1.04, compared to the broader market1.001.502.002.501.04
Calmar ratio
The chart of Calmar ratio for PICK, currently valued at 0.10, compared to the broader market0.002.004.006.008.0010.0012.000.10
Martin ratio
The chart of Martin ratio for PICK, currently valued at 0.29, compared to the broader market0.0020.0040.0060.0080.000.29
LIT
Sharpe ratio
The chart of Sharpe ratio for LIT, currently valued at -1.14, compared to the broader market-1.000.001.002.003.004.005.00-1.14
Sortino ratio
The chart of Sortino ratio for LIT, currently valued at -1.65, compared to the broader market-2.000.002.004.006.008.00-1.65
Omega ratio
The chart of Omega ratio for LIT, currently valued at 0.82, compared to the broader market1.001.502.002.500.82
Calmar ratio
The chart of Calmar ratio for LIT, currently valued at -0.54, compared to the broader market0.002.004.006.008.0010.0012.00-0.54
Martin ratio
The chart of Martin ratio for LIT, currently valued at -1.28, compared to the broader market0.0020.0040.0060.0080.00-1.28

PICK vs. LIT - Sharpe Ratio Comparison

The current PICK Sharpe Ratio is 0.11, which is higher than the LIT Sharpe Ratio of -1.14. The chart below compares the 12-month rolling Sharpe Ratio of PICK and LIT.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.50NovemberDecember2024FebruaryMarchApril
0.11
-1.14
PICK
LIT

Dividends

PICK vs. LIT - Dividend Comparison

PICK's dividend yield for the trailing twelve months is around 4.25%, more than LIT's 1.32% yield.


TTM20232022202120202019201820172016201520142013
PICK
iShares MSCI Global Select Metals & Mining Producers ETF
4.25%4.19%6.93%5.89%2.27%5.50%4.76%2.41%1.15%15.73%2.88%3.38%
LIT
Global X Lithium & Battery Tech ETF
1.32%1.11%0.99%0.22%0.40%1.85%2.52%3.26%2.15%0.24%1.07%0.32%

Drawdowns

PICK vs. LIT - Drawdown Comparison

The maximum PICK drawdown since its inception was -68.88%, which is greater than LIT's maximum drawdown of -61.91%. Use the drawdown chart below to compare losses from any high point for PICK and LIT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2024FebruaryMarchApril
-10.36%
-54.64%
PICK
LIT

Volatility

PICK vs. LIT - Volatility Comparison

The current volatility for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) is 4.72%, while Global X Lithium & Battery Tech ETF (LIT) has a volatility of 7.89%. This indicates that PICK 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.


4.00%6.00%8.00%10.00%12.00%NovemberDecember2024FebruaryMarchApril
4.72%
7.89%
PICK
LIT