LIT


Lithium & Battery Tech ETF

Morningstar Rating™ - Overall rating out of 108 Natural Resources funds, based on risk-adjusted returns as of 08/31/2023

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 10/02/23

Inception Date 07/22/10
Total Expense Ratio 0.75%
Net Assets $2.57 billion
NAV $54.75
Fact Sheet View the document

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 10/02/23

Ticker LIT
Bloomberg Index Ticker SOLLIT
CUSIP 37954Y855
ISIN US37954Y8553
Primary Exchange NYSE Arca
Shares Outstanding 46,984,628
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.09%

Distributions As of 10/02/23

30-Day SEC Yield 0.35%
Distribution Frequency Semi-Annually

ETF Prices As of 10/02/23

NAV $54.75 Daily Change -$0.72 -1.30%
Market Price $54.17 Daily Change -$1.00 -1.81%

Performance History

As of recent month & quarter-end (09/30/23)
As of recent month & quarter-end (09/30/23)
Fund NAV Market Price Index
1 Year -15.47% -15.52% -15.04%
3 Years 12.42% 11.90% 12.95%
5 Years 12.46% 12.32% 12.73%
10 Years 9.03% 8.99% 9.56%
Since Inception 5.87% 5.83% 6.37%
1 Year -15.47% -15.52% -15.04%
3 Years 12.42% 11.90% 12.95%
5 Years 12.46% 12.32% 12.73%
10 Years 9.03% 8.99% 9.56%
Since Inception 5.87% 5.83% 6.37%
Year-to-Date -5.48% -5.56% -5.29%
1 Month -6.82% -6.90% -6.79%
3 Months -14.27% -15.15% -14.24%
Since Inception 112.39% 111.26% 125.83%
Year-to-Date -5.48% -5.56% -5.29%
1 Month -6.82% -6.90% -6.79%
3 Months -14.27% -15.15% -14.24%
Since Inception 112.39% 111.26% 125.83%

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 10/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.99 ALB ALBEMARLE CORP 2046853 162.41 1,265,006 205,449,624.46
7.46 TSLA TESLA INC B616C79 251.60 763,037 191,980,109.20
7.02 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 23.66 7,631,442 180,559,917.72
6.59 6752 JP PANASONIC HOLDINGS CORP 6572707 11.21 15,131,035 169,642,889.65
5.93 6762 JP TDK CORP 6869302 37.31 4,087,354 152,506,898.56
5.87 1211 HK BYD CO LTD-H 6536651 30.90 4,885,774 150,954,326.24
4.74 300750 C2 CONTEMPORARY A-A BHQPSY7 27.75 4,392,009 121,885,686.38
3.55 006400 KS SAMSUNG SDI CO LTD 6771645 379.43 240,558 91,274,415.30
3.37 SQM QUIMICA Y-SP ADR 2771122 56.24 1,543,479 86,805,258.96
3.34 373220 KS LG ENERGY SOLUTION BNSP8W5 353.12 243,139 85,857,220.62
3.27 PLS AU PILBARA MINERALS LTD B2368L5 2.68 31,358,120 84,115,021.57
3.16 002371 C2 NAURA TECH GR -A BD5LYF1 32.98 2,468,141 81,406,027.01
3.10 300014 C2 EVE ENERGY CO LTD-A BD5C7G6 6.17 12,921,388 79,690,679.48
3.04 002466 C2 TIANQI LITHIUM CORP-A BD5CKH8 7.51 10,403,241 78,110,160.42
3.00 MIN AU MINERAL RESOURCES LTD B17ZL56 43.03 1,791,965 77,102,368.57
2.69 002460 C2 GANFENG LITHIU-A BD5CB19 6.10 11,332,740 69,087,432.80
2.52 IGO AU IGO LTD 6439567 8.11 7,979,099 64,717,793.85
1.84 AKE AU ALLKEM LTD BLSNC78 7.46 6,327,226 47,207,574.73
1.72 002709 C2 GUANGZHOU TINC-A BD5LR63 3.69 11,973,678 44,238,754.55
1.58 ENS ENERSYS B020GQ5 93.67 432,944 40,553,864.48
1.52 002812 C2 YUNNAN ENERGY-A BFCCR30 8.19 4,759,359 38,967,680.77
1.48 LCID LUCID GROUP INC BP0TR77 5.54 6,875,312 38,089,228.48
1.46 300450 C2 WUXI LEAD INTE-A BD6QWJ5 3.72 10,107,736 37,607,224.48
1.36 603659 C1 SHANGHAI PUTAI-A BF2DZJ5 4.00 8,736,611 34,977,732.50
1.34 LTR AU LIONTOWN RESOURCES LTD B1J89V5 1.89 18,298,746 34,510,757.10
1.30 066970 KS L&F CO LTD 6578608 128.50 261,025 33,542,118.72
1.30 LTHM LIVENT CORP BD9PM00 17.44 1,919,810 33,481,486.40
1.18 300207 C2 SUNWODA ELECTR-A BD5CCV6 2.31 13,129,991 30,330,558.29
1.13 300037 C2 SHENZHEN CAPCH-A BD5LRQ3 5.99 4,857,998 29,097,721.06
0.88 300073 C2 BEIJING EASPRI-A BD760M3 5.75 3,916,248 22,536,244.89
0.79 LAC CN LITHIUM AMERICAS CORP BF4X225 16.06 1,273,059 20,438,999.28
0.71 6121 TT SIMPLO TECHNOLOGY CO LTD 6421928 10.43 1,742,980 18,187,852.39
0.68 SGML SIGMA LITHIUM CORP BNM4ZD8 30.33 572,173 17,354,007.09
0.62 QS QUANTUMSCAPE CORP BMC73Z8 6.48 2,468,241 15,994,201.68
0.58 ENVX ENOVIX CORP BNNTCT7 11.81 1,255,044 14,822,069.64
0.56 6674 JP GS YUASA CORP 6744250 17.78 804,599 14,307,144.29
0.50 5631 JP JAPAN STEEL WORKS LTD 6470685 18.45 701,737 12,944,049.30
0.33 OTHER PAYABLE & RECEIVABLES 1.00 8,353,142 8,353,142.13
0.24 FREY FREYR BATTERY SA BMFBLD1 4.71 1,307,548 6,158,551.08
0.20 SYA AU SAYONA MINING LTD BBX4LR9 0.07 75,851,399 5,074,512.67
0.19 CXO AU CORE LITHIUM LTD B4XFS83 0.27 18,068,969 4,950,434.01
0.00 JAPANESE YEN 0.01 891,082 5,946.69
0.00 CHINESE YUAN RENMINBI 0.14 11,601 1,585.71
0.00 AUSTRALIAN DOLLAR 0.64 1,848 1,177.75
0.00 TAIWAN DOLLAR 0.03 5 0.14
0.00 SWISS FRANC 1.00 0 0.02
0.00 HONG KONG DOLLAR 0.00 0 0.00
0.00 KOREAN WON 0.00 -5 0.00
0.00 EURO 1.05 -442 -463.97
-0.09 CASH 1.00 -2,262,282 -2,262,282.07
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 09/30/23

Sector Weight (%)
Materials 39.4
Consumer Discretionary 29.0
Information Technology 15.9
Industrials 15.7

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Motor Vehicles 20.9
Electrical Products 18.5
Chemicals: Specialty 18.4
Electronic Components 9.6
Other Metals/Minerals 7.3
Electronics/Appliances 6.8
Chemicals: Agricultural 4.7
Electronic Production Equipment 4.6
Precious Metals 3.5
Containers/Packaging 1.6
Financial Conglomerates 1.5
Other/Cash 2.6

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 32.0
United States 28.8
Japan 13.6
Australia 11.2
South Korea 8.2
Chile 3.6
Canada 1.6
Taiwan 0.7
Luxembourg 0.3

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 10/02/23

Return on Equity 14.60%
Weighted Avg. Market Cap 83,469 M
2022 2023
Price-to-earnings 20.84 17.80
Price-to-book value 2.60 2.61

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 09/30/23

Versus Beta
S&P 500 1.11
NASDAQ-100 0.96
MSCI EAFE 0.97
MSCI Emg. Mkts 1.03
Standard Deviation 32.70%

Source: new windowAltaVista 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. 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 08/31, LIT was rated against the following numbers of Natural Resources funds over the following time periods: 108 during the last 3 years, 102 during the last 5 years, 88 during the last 10 years. With respect to these Natural Resources funds, LIT received a Morningstar Rating of 2, 4, and 4 stars, respectively. Past performance is not indicative of future results.

© 2023 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.