LIT


Lithium & Battery Tech ETF

Fund Summary

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

Morningstar Rating Overall rating out of 102 Natural Resources funds, based on risk-adjusted returns as of 09/30/2020

Fund 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.

Why LIT?

Efficient Access

LIT offers efficient access to a broad basket of companies involved in lithium mining, lithium refining, and battery production.

Thematic Exposure

The fund is a thematic play on lithium and battery technology.

Fund Details As of 10/19/20

Key Facts

Ticker LIT
Inception Date 07/22/10
CUSIP 37954Y855
ISIN US37954Y8553
Bloomberg Index Ticker SOLLIT
Primary Exchange NYSE Arca
Number of Holdings 42

Stats & Fees

Net Assets $843,981,849
NAV $41.63
Shares Outstanding 20,274,628
Total Expense Ratio 0.75%

Distributions

30-Day SEC Yield 0.15%
Distribution Frequency Semi-Annually

Fund Prices As of 10/19/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $41.63 Market Price $41.54 0.12%
Daily Change -$0.30 -0.72% Daily Change -$0.53 -1.26%  

Performance History

Cumulative %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
Year-to-Date 45.55% 47.06% 45.16%
1 Month 0.86% 1.91% 0.81%
3 Months 25.48% 26.56% 25.29%
6 Months 82.66% 85.33% 82.26%
Since Inception 49.48% 50.79% 56.70%

Avg Annualized %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
1 Year 64.65% 66.61% 64.39%
3 Years 4.97% 5.09% 4.86%
5 Years 18.67% 18.98% 18.77%
10 Years 2.28% 2.32% 2.74%
Since Inception 4.02% 4.11% 4.50%

Avg Annualized %

Data as of quarter-end (09/30/20)

Fund NAV Market Price Index
1 Year 64.65% 66.61% 64.39%
3 Years 4.97% 5.09% 4.86%
5 Years 18.67% 18.98% 18.77%
10 Years 2.28% 2.32% 2.74%
Since Inception 4.02% 4.11% 4.50%

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.

Fund Characteristics As of 10/19/20

Return on Equity 7.90%
Weighted Avg. Market Cap 42,766 M
2019 2020
Price-to-earnings 56.86 40.73
Price-to-book value 3.29 3.13

Source: AltaVista Research, LLC

Fund Risk Stats As of 10/19/20

Versus Beta
S&P 500 1.23
MSCI EAFE 1.35
MSCI Emg. Mkts 1.07
Standard Deviation 27.40%

Source: AltaVista Research, LLC

Sector Breakdown As of 09/30/20

% of Net Assets
Materials 38.5
Industrials 28.0
Information Technology 20.3
Consumer Discretionary 13.0
Other/Cash 0.2

Source: AltaVista Research, LLC

Country Breakdown As of 09/30/20

% of Net Assets
China 46.0
United States 22.5
South Korea 12.0
Japan 4.9
Australia 3.9
Chile 3.4
Germany 2.6
Taiwan 2.1
Hong Kong 1.4
Canada 0.5
Netherlands 0.5
Other/Cash 0.2

Source: AltaVista Research, LLC

Top 10 Holdings As of 10/19/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.70 ALB ALBEMARLE CORP 2046853 92.57 883,963 81,828,454.91
9.26 1211 HK BYD CO LTD-H 6536651 16.57 4,718,338 78,171,197.69
8.04 TSLA TESLA INC B616C79 430.83 157,486 67,849,693.38
5.65 002460 C2 GANFENG LITHIUM CO LTD-A BD5CB19 8.60 5,545,736 47,701,324.14
5.58 051910 KS LG CHEM LTD 6346913 538.53 87,479 47,109,969.35
5.45 300750 C2 CONTEMPORARY A-A BHQPSY7 34.38 1,336,675 45,951,270.25
4.20 002812 C2 YUNNAN ENERGY-A BFCCR30 14.55 2,437,555 35,464,045.52
4.05 006400 KS SAMSUNG SDI CO LTD 6771645 361.65 94,489 34,171,591.07
3.93 300207 C2 SUNWODA ELECTR-A BD5CCV6 4.25 7,805,076 33,193,181.32
3.85 002371 C2 NAURA TECH GR -A BD5LYF1 25.22 1,287,664 32,470,906.14
Holdings are subject to change.

© 2020 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.

The Morningstar Ratingfor 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. Exchange-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 9/30, LIT was rated against the following numbers of Natural Resources funds over the following time periods: 102 during the last 3 years, 94 during the last 5 years, 83 during the last 10 years. With respect to these Natural Resources funds, LIT received a Morningstar Rating of 3, 5, and 3 stars, respectively. Past performance is not indicative 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.