| NAV | $60.98 | Daily Change | $0.45 | 0.74% |
| Market Price | $60.73 | Daily Change | $0.35 | 0.58% |
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
EVs produce zero direct emissions, meaning broader adoption could result in reduced greenhouse gas emissions and improved urban air quality.2
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
| Inception Date | 07/22/10 |
| Total Expense Ratio | 0.75% |
| Net Assets | $3.23 billion |
| NAV | $60.98 |
| Fact Sheet |
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.
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.
| 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% |
| 30-Day SEC Yield | 1.08% |
| Distribution Frequency | Semi-Annually |
| NAV | $60.98 | Daily Change | $0.45 | 0.74% |
| Market Price | $60.73 | Daily Change | $0.35 | 0.58% |
|
As of recent (12/31/22)
As of recent (12/31/22)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -29.69% | -29.92% | -29.28% |
| 3 Years | 29.82% | 29.70% | 30.23% |
| 5 Years | 10.10% | 9.98% | 10.28% |
| 10 Years | 8.81% | 8.79% | 9.32% |
| Since Inception | 6.72% | 6.68% | 7.23% |
| 1 Year | -15.75% | -17.49% | -15.32% |
| 3 Years | 32.22% | 32.30% | 32.63% |
| 5 Years | 14.42% | 14.68% | 14.59% |
| 10 Years | 9.58% | 9.64% | 10.08% |
| Since Inception | 7.32% | 7.31% | 7.83% |
| Year-to-Date | -29.69% | -29.92% | -29.28% |
| 1 Month | -13.30% | -14.87% | -13.28% |
| 3 Months | -10.56% | -10.54% | -10.29% |
| Since Inception | 124.71% | 123.71% | 138.46% |
| Year-to-Date | 8.54% | 8.79% | 8.55% |
| 1 Month | -9.01% | -9.84% | -9.04% |
| 3 Months | -5.90% | -7.39% | -5.87% |
| Since Inception | 143.91% | 143.36% | 158.84% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | 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 |
| Sector | Weight (%) | |
|---|---|---|
| Materials | 45.2 | |
| Consumer Discretionary | 21.5 | |
| Information Technology | 17.4 | |
| Industrials | 15.9 |
Source: AltaVista Research, LLC
| 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
| 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
| Versus | Beta |
|---|---|
| S&P 500 | 1.25 |
| MSCI EAFE | 1.18 |
| MSCI Emg. Mkts | 1.15 |
| Standard Deviation | 36.90% |
Source: AltaVista Research, LLC
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.