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

Key characteristics


REMXLIT
YTD Return-13.37%-13.05%
1Y Return-34.32%-27.70%
3Y Return (Ann)-11.97%-12.05%
5Y Return (Ann)4.94%13.60%
10Y Return (Ann)-3.34%6.70%
Sharpe Ratio-1.06-1.02
Daily Std Dev32.74%27.50%
Max Drawdown-90.21%-61.91%
Current Drawdown-76.62%-53.00%

Correlation

-0.50.00.51.00.7

The correlation between REMX and LIT is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

REMX vs. LIT - Performance Comparison

The year-to-date returns for both investments are quite close, with REMX having a -13.37% return and LIT slightly higher at -13.05%. Over the past 10 years, REMX has underperformed LIT with an annualized return of -3.34%, while LIT has yielded a comparatively higher 6.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-80.00%-60.00%-40.00%-20.00%0.00%20.00%40.00%60.00%December2024FebruaryMarchAprilMay
-65.84%
32.76%
REMX
LIT

Compare stocks, funds, or ETFs

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


VanEck Vectors Rare Earth/Strategic Metals ETF

Global X Lithium & Battery Tech ETF

REMX vs. LIT - Expense Ratio Comparison

REMX has a 0.59% 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 REMX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

REMX vs. LIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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.


REMX
Sharpe ratio
The chart of Sharpe ratio for REMX, currently valued at -1.06, compared to the broader market0.002.004.006.00-1.06
Sortino ratio
The chart of Sortino ratio for REMX, currently valued at -1.52, compared to the broader market0.005.0010.00-1.52
Omega ratio
The chart of Omega ratio for REMX, currently valued at 0.84, compared to the broader market0.501.001.502.002.503.000.84
Calmar ratio
The chart of Calmar ratio for REMX, currently valued at -0.43, compared to the broader market0.005.0010.0015.00-0.43
Martin ratio
The chart of Martin ratio for REMX, currently valued at -1.07, compared to the broader market0.0020.0040.0060.0080.00100.00-1.07
LIT
Sharpe ratio
The chart of Sharpe ratio for LIT, currently valued at -1.02, compared to the broader market0.002.004.006.00-1.02
Sortino ratio
The chart of Sortino ratio for LIT, currently valued at -1.44, compared to the broader market0.005.0010.00-1.44
Omega ratio
The chart of Omega ratio for LIT, currently valued at 0.85, compared to the broader market0.501.001.502.002.503.000.85
Calmar ratio
The chart of Calmar ratio for LIT, currently valued at -0.48, compared to the broader market0.005.0010.0015.00-0.48
Martin ratio
The chart of Martin ratio for LIT, currently valued at -1.04, compared to the broader market0.0020.0040.0060.0080.00100.00-1.04

REMX vs. LIT - Sharpe Ratio Comparison

The current REMX Sharpe Ratio is -1.06, which roughly equals the LIT Sharpe Ratio of -1.02. The chart below compares the 12-month rolling Sharpe Ratio of REMX and LIT.


Rolling 12-month Sharpe Ratio-2.00-1.50-1.00-0.50December2024FebruaryMarchAprilMay
-1.06
-1.02
REMX
LIT

Dividends

REMX vs. LIT - Dividend Comparison

REMX has not paid dividends to shareholders, while LIT's dividend yield for the trailing twelve months is around 1.28%.


TTM20232022202120202019201820172016201520142013
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
0.00%0.00%1.56%5.25%0.81%1.60%12.43%2.89%2.23%4.77%1.53%0.23%
LIT
Global X Lithium & Battery Tech ETF
1.28%1.11%0.99%0.22%0.40%1.85%2.52%3.26%2.15%0.24%1.07%0.32%

Drawdowns

REMX vs. LIT - Drawdown Comparison

The maximum REMX drawdown since its inception was -90.21%, which is greater than LIT's maximum drawdown of -61.91%. Use the drawdown chart below to compare losses from any high point for REMX and LIT. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%December2024FebruaryMarchAprilMay
-76.62%
-53.00%
REMX
LIT

Volatility

REMX vs. LIT - Volatility Comparison

VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 9.83% compared to Global X Lithium & Battery Tech ETF (LIT) at 8.98%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than LIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%December2024FebruaryMarchAprilMay
9.83%
8.98%
REMX
LIT