SQM vs. LITP
SQM (Sociedad Química y Minera de Chile S.A.) is a stock, while LITP (Sprott Lithium Miners ETF) is Lithium & Battery Metals fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. Over the past 3 years, SQM returned -1.04%/yr vs -13.11%/yr for LITP. Their 0.76 correlation means they have sometimes moved together and sometimes differently.
Performance
SQM vs. LITP - Performance Comparison
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Returns By Period
In the year-to-date period, SQM achieves a -1.42% return, which is significantly higher than LITP's -17.54% return.
SQM
- 1D
- -2.00%
- 1M
- -7.76%
- 6M
- -11.74%
- YTD
- -1.42%
- 1Y
- 89.78%
- 3Y*
- -1.04%
- 5Y*
- 11.73%
- 10Y*
- 15.01%
- ALL TIME*
- 16.71%
LITP
- 1D
- -1.30%
- 1M
- -19.49%
- 6M
- -23.27%
- YTD
- -17.54%
- 1Y
- 63.07%
- 3Y*
- -13.11%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $235.50K | $292.96K | $956.89K | |
| $66.47M | $68.86M | $87.99M |
SQM vs. LITP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SQM Sociedad Química y Minera de Chile S.A. | -1.42% | 89.55% | -39.35% | -32.61% |
LITP Sprott Lithium Miners ETF | -17.54% | 94.65% | -43.85% | -36.71% |
Correlation
The correlation between SQM and LITP is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023 | 0.76 |
The correlation between SQM and LITP has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.
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Return for Risk
SQM vs. LITP — Risk / Return Rank
SQM
LITP
SQM vs. LITP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sociedad Química y Minera de Chile S.A. (SQM) and Sprott Lithium Miners ETF (LITP). 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.
| SQM | LITP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.20 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 1.41 | +1.44 |
| Martin ratioReturn relative to average drawdown | 7.32 | 3.81 | +3.51 |
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Drawdowns
SQM vs. LITP - Drawdown Comparison
The maximum SQM drawdown since its inception was -78.34%, roughly equal to the maximum LITP drawdown of -74.94%. Use the drawdown chart below to compare losses from any high point for SQM and LITP.
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Drawdown Indicators
| SQM | LITP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.34% | -74.94% | -3.40% |
Max Drawdown (1Y)Largest decline over 1 year | -29.91% | -45.50% | +15.59% |
Max Drawdown (3Y)Largest decline over 3 years | -56.55% | -70.76% | +14.21% |
Max Drawdown (5Y)Largest decline over 5 years | -69.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -72.98% | — | — |
Current DrawdownCurrent decline from peak | -31.59% | -45.32% | +13.73% |
Average DrawdownAverage peak-to-trough decline | -30.30% | -42.29% | +11.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.63% | 16.84% | -5.21% |
Volatility
SQM vs. LITP - Volatility Comparison
Sociedad Química y Minera de Chile S.A. (SQM) has a higher volatility of 11.42% compared to Sprott Lithium Miners ETF (LITP) at 10.66%. This indicates that SQM's price experiences larger fluctuations and is considered to be riskier than LITP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SQM | LITP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.42% | 10.66% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 36.74% | 40.49% | -3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.16% | 58.82% | -8.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.84% | 47.58% | +2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.25% | 47.58% | -1.33% |
Dividends
SQM vs. LITP - Dividend Comparison
SQM's dividend yield for the trailing twelve months is around 1.72%, less than LITP's 8.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LITP Sprott Lithium Miners ETF | 8.98% | 7.41% | 6.55% | 2.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SQM Sociedad Química y Minera de Chile S.A. | 1.72% | 0.18% | 0.59% | 8.34% | 9.66% | 3.92% | 1.64% | 4.55% | 5.37% | 2.73% | 4.77% | 2.00% |
Frequently Asked Questions
SQM and LITP have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SQM has higher volatility (11.42%) compared to LITP (10.66%). In terms of maximum drawdown, SQM dropped -78.34% vs LITP's -74.94%.
SQM currently has the higher Sharpe Ratio (1.70 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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