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

Correlation

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.


-0.50.00.51.00.6

Performance

PICK vs. LIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Select Metals & Mining Producers ETF (PICK) and Global X Lithium & Battery Tech ETF (LIT). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
16.40%
45.93%
PICK
LIT

Key characteristics

Sharpe Ratio

PICK:

-0.60

LIT:

-0.40

Sortino Ratio

PICK:

-0.71

LIT:

-0.39

Omega Ratio

PICK:

0.92

LIT:

0.96

Calmar Ratio

PICK:

-0.57

LIT:

-0.21

Martin Ratio

PICK:

-1.30

LIT:

-0.71

Ulcer Index

PICK:

10.24%

LIT:

18.52%

Daily Std Dev

PICK:

22.29%

LIT:

33.10%

Max Drawdown

PICK:

-68.87%

LIT:

-62.61%

Current Drawdown

PICK:

-23.50%

LIT:

-55.18%

Returns By Period

In the year-to-date period, PICK achieves a -15.86% return, which is significantly higher than LIT's -17.09% return. Over the past 10 years, PICK has underperformed LIT with an annualized return of 6.04%, while LIT has yielded a comparatively higher 8.02% annualized return.


PICK

YTD

-15.86%

1M

-8.57%

6M

-11.85%

1Y

-14.79%

5Y*

8.23%

10Y*

6.04%

LIT

YTD

-17.09%

1M

-5.28%

6M

2.51%

1Y

-14.78%

5Y*

9.89%

10Y*

8.02%

Compare stocks, funds, or ETFs

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


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
Expense ratio chart for LIT: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for PICK: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

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.


Sharpe ratio
The chart of Sharpe ratio for PICK, currently valued at -0.60, compared to the broader market0.002.004.00-0.60-0.40
The chart of Sortino ratio for PICK, currently valued at -0.71, compared to the broader market-2.000.002.004.006.008.0010.00-0.71-0.39
The chart of Omega ratio for PICK, currently valued at 0.92, compared to the broader market0.501.001.502.002.503.000.920.96
The chart of Calmar ratio for PICK, currently valued at -0.57, compared to the broader market0.005.0010.0015.00-0.57-0.21
The chart of Martin ratio for PICK, currently valued at -1.30, compared to the broader market0.0020.0040.0060.0080.00100.00-1.30-0.71
PICK
LIT

The current PICK Sharpe Ratio is -0.60, which is lower than the LIT Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of PICK 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-1.50-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.60
-0.40
PICK
LIT

Dividends

PICK vs. LIT - Dividend Comparison

PICK's dividend yield for the trailing twelve months is around 6.14%, more than LIT's 1.45% yield.


TTM20232022202120202019201820172016201520142013
PICK
iShares MSCI Global Select Metals & Mining Producers ETF
6.14%4.19%6.93%5.89%2.27%5.51%4.77%2.41%1.15%15.77%2.88%3.39%
LIT
Global X Lithium & Battery Tech ETF
1.45%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 -68.87%, which is greater than LIT's maximum drawdown of -62.61%. 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%JulyAugustSeptemberOctoberNovemberDecember
-23.50%
-55.18%
PICK
LIT

Volatility

PICK vs. LIT - Volatility Comparison

The current volatility for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) is 6.26%, while Global X Lithium & Battery Tech ETF (LIT) has a volatility of 9.09%. 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%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.26%
9.09%
PICK
LIT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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