LIT


Lithium & Battery Tech ETF

Morningstar Rating™ - Overall rating out of 102 Natural Resources funds, based on risk-adjusted returns as of 02/28/2023

Reasons to Consider LIT

High Growth Potential

Lithium battery technology is essential to the rise of electric vehicles (EVs), renewable energy storage, and mobile devices. Thanks to Lithium-ion battery prices falling 89% between 2010 and 2021, EVs prices are reaching ICE vehicles.1

Advancing Clean Technologies

EVs produce zero direct emissions, meaning broader adoption could result in reduced greenhouse gas emissions and improved urban air quality.2

Unconstrained Approach

LIT invests in companies throughout the lithium cycle, including mining, refinement and battery production, cutting across traditional sector and geographic definitions.

1Bloomberg NEF, Nov 2021
2US Office of Energy Efficiency & Renewable Energy, Jan 2020

Key Information As of 03/23/23

Inception Date 07/22/10
Total Expense Ratio 0.75%
Net Assets $3.23 billion
NAV $60.98
Fact Sheet

ETF Summary

The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.

ETF Objective

The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index.

Trading Details As of 03/23/23

Ticker LIT
Bloomberg Index Ticker SOLLIT
CUSIP 37954Y855
ISIN US37954Y8553
Primary Exchange NYSE Arca
Shares Outstanding 52,944,628
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 03/23/23

30-Day SEC Yield 1.08%
Distribution Frequency Semi-Annually

ETF Prices As of 03/23/23

NAV $60.98 Daily Change $0.45 0.74%
Market Price $60.73 Daily Change $0.35 0.58%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -29.69% -29.92% -29.28%
3 Years 29.82% 29.70% 30.23%
5 Years 10.10% 9.98% 10.28%
10 Years 8.81% 8.79% 9.32%
Since Inception 6.72% 6.68% 7.23%
1 Year -15.75% -17.49% -15.32%
3 Years 32.22% 32.30% 32.63%
5 Years 14.42% 14.68% 14.59%
10 Years 9.58% 9.64% 10.08%
Since Inception 7.32% 7.31% 7.83%
Year-to-Date -29.69% -29.92% -29.28%
1 Month -13.30% -14.87% -13.28%
3 Months -10.56% -10.54% -10.29%
Since Inception 124.71% 123.71% 138.46%
Year-to-Date 8.54% 8.79% 8.55%
1 Month -9.01% -9.84% -9.04%
3 Months -5.90% -7.39% -5.87%
Since Inception 143.91% 143.36% 158.84%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 03/23/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.31 ALB ALBEMARLE CORP 2046853 215.64 1,393,521 300,498,868.44
7.03 006400 KS SAMSUNG SDI CO LTD 6771645 583.56 388,950 226,977,510.07
6.29 6752 JP PANASONIC HOLDINGS CORP 6572707 8.66 23,443,109 203,121,712.39
5.55 1211 HK BYD CO LTD-H 6536651 26.88 6,659,974 179,020,155.42
5.00 6762 JP TDK CORP 6869302 35.88 4,500,325 161,468,204.89
4.97 300750 C2 CONTEMPORARY A-A BHQPSY7 58.44 2,745,105 160,429,966.32
4.45 TSLA TESLA INC B616C79 192.22 746,888 143,566,811.36
4.28 SQM QUIMICA Y-SP ADR 2771122 81.06 1,704,107 138,134,913.42
3.99 002466 C2 TIANQI LITHIUM CORP-A BD5CKH8 11.25 11,458,141 128,891,794.63
3.97 300014 C2 EVE ENERGY CO LTD-A BD5C7G6 9.92 12,908,368 128,105,608.36
3.85 002460 C2 GANFENG LITHIU-A BD5CB19 9.98 12,453,940 124,308,285.98
3.74 373220 KS LG ENERGY SOLUTION BNSP8W5 449.80 268,442 120,744,827.32
3.32 002371 C2 NAURA TECH GR -A BD5LYF1 39.37 2,720,441 107,095,177.59
3.13 MIN AU MINERAL RESOURCES LTD B17ZL56 51.56 1,958,297 100,972,715.40
2.50 002812 C2 YUNNAN ENERGY-A BFCCR30 15.97 5,050,859 80,645,990.85
2.46 PLS AU PILBARA MINERALS LTD B2368L5 2.30 34,456,797 79,409,544.80
2.31 002709 C2 GUANGZHOU TINC-A BD5LR63 6.01 12,404,578 74,500,439.85
2.27 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 13.71 5,337,167 73,172,559.57
2.17 IGO AU IGO LTD 6439567 7.96 8,806,307 70,056,624.17
1.99 300450 C2 WUXI LEAD INTE-A BD6QWJ5 5.80 11,096,836 64,367,232.50
1.70 LCID LUCID GROUP INC BP0TR77 8.19 6,715,989 55,003,949.91
1.65 066970 KS L&F CO LTD 6578608 195.56 272,632 53,317,166.66
1.47 603659 C1 SHANGHAI PUTAI-A BF2DZJ5 7.12 6,656,056 47,367,149.05
1.46 AKE AU ALLKEM LTD BLSNC78 6.71 7,015,300 47,088,560.93
1.33 LTHM LIVENT CORP BD9PM00 20.34 2,117,280 43,065,475.20
1.19 ENS ENERSYS B020GQ5 81.12 474,945 38,527,538.40
1.15 300207 C2 SUNWODA ELECTR-A BD5CCV6 2.90 12,827,791 37,222,639.56
0.91 300073 C2 BEIJING EASPRI-A BD760M3 8.36 3,505,148 29,299,338.10
0.82 300037 C2 SHENZHEN CAPCH-A BD5LRQ3 7.00 3,776,490 26,453,961.62
0.78 LAC CN LITHIUM AMERICAS CORP BF4X225 20.72 1,207,378 25,015,592.21
0.64 SGML SIGMA LITHIUM CORP BNM4ZD8 32.90 623,252 20,504,990.80
0.63 QS QUANTUMSCAPE CORP BMC73Z8 7.54 2,682,621 20,226,962.34
0.61 LTR AU LIONTOWN RESOURCES LTD B1J89V5 0.96 20,371,498 19,573,238.38
0.60 6121 TT SIMPLO TECHNOLOGY CO LTD 6421928 9.88 1,961,380 19,378,033.92
0.49 ENVX ENOVIX CORP BNNTCT7 11.50 1,374,418 15,805,807.00
0.48 6674 JP GS YUASA CORP 6744250 17.54 885,646 15,529,820.70
0.46 5631 JP JAPAN STEEL WORKS LTD 6470685 18.56 790,949 14,678,400.08
0.31 CXO AU CORE LITHIUM LTD B4XFS83 0.51 19,592,344 10,004,690.82
0.29 SYA AU SAYONA MINING LTD BBX4LR9 0.12 75,460,947 9,379,888.19
0.26 FREY FREYR BATTERY SA BMFBLD1 7.05 1,184,854 8,353,220.70
0.22 CASH 1.00 7,246,290 7,246,290.09
0.00 JAPANESE YEN 0.01 891,083 6,802.42
0.00 SWISS FRANC 1.00 0 0.02
0.00 CHINESE YUAN RENMINBI 0.00 0 0.00
0.00 KOREAN WON 0.00 -5 0.00
0.00 HONG KONG DOLLAR 0.13 0 -0.02
0.00 BRITISH STERLING POUND 1.24 0 -0.57
0.00 EURO 1.09 -812 -883.81
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 02/28/23

Sector Weight (%)
Materials 45.2
Consumer Discretionary 21.5
Information Technology 17.4
Industrials 15.9

Source: AltaVista Research, LLC

Country Breakdown As of 02/28/23

Country Weight (%)
China 36.2
United States 23.9
Japan 11.5
South Korea 10.8
Australia 10.8
Chile 4.5
Canada 1.5
Taiwan 0.6
Luxembourg 0.3

Source: AltaVista Research, LLC

ETF Characteristics As of 03/23/23

Return on Equity 23.40%
Weighted Avg. Market Cap 52,614 M
2022 2023
Price-to-earnings 19.31 13.05
Price-to-book value 3.35 2.80

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 1.25
MSCI EAFE 1.18
MSCI Emg. Mkts 1.15
Standard Deviation 36.90%

Source: AltaVista Research, LLC

ETF Research

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The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Read MoreExchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 02/28, LIT was rated against the following numbers of Natural Resources funds over the following time periods: 102 during the last 3 years, 97 during the last 5 years, 83 during the last 10 years. With respect to these Natural Resources funds, LIT received a Morningstar Rating of 4, 4, and 3 stars, respectively. Past performance is not indicative of future results.

© 2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. There are additional risks associated with investing in lithium and the lithium mining industry. LIT is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.

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