Lithium & Battery Tech ETF

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. Due to rising demand and inelastic supply, tight lithium markets are expected to persist through the end of the decade.1,2

Advancing Clean Technologies

New production techniques like direct lithium extraction could dramatically reduce land, energy, and water use, potentially delivering a host of environmental and operational benefits.3

Unconstrained Approach

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

1AMG Critical Materials, Sep 2023
2Benchmark Mineral Intelligence, May 2023
3CleanTech Lithium, Oct 2023 

Key Information As of 04/19/24

Inception Date 07/22/10
Total Expense Ratio 0.75%
Net Assets $1.51 billion
NAV $42.33
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 04/18/24

Ticker LIT
Bloomberg Index Ticker SOLLIT
CUSIP 37954Y855
ISIN US37954Y8553
Primary Exchange NYSE Arca
Shares Outstanding 35,784,628
Number of Holdings 0
30-Day Median Bid-Ask Spread 0.11%

Distributions As of 04/19/24

30-Day SEC Yield 0.90%
Distribution Frequency Semi-Annually

ETF Prices As of 04/19/24

NAV $42.33 Daily Change -$0.89 -2.06%
Market Price $42.42 Daily Change -$0.49 -1.14%

Performance History

As of recent month & quarter-end (03/31/24)
As of recent month & quarter-end (03/31/24)
Fund NAV Market Price Index
1 Year -27.66% -28.01% -27.26%
3 Years -7.01% -7.48% -6.42%
5 Years 10.87% 10.89% 11.19%
10 Years 6.76% 6.67% 7.05%
Since Inception 4.17% 4.15% 4.66%
1 Year -27.66% -28.01% -27.26%
3 Years -7.01% -7.48% -6.42%
5 Years 10.87% 10.89% 11.19%
10 Years 6.76% 6.67% 7.05%
Since Inception 4.17% 4.15% 4.66%
Year-to-Date -11.68% -11.09% -11.46%
1 Month -1.54% -1.67% -1.34%
3 Months -11.68% -11.09% -11.46%
Since Inception 74.96% 74.62% 86.74%
Year-to-Date -11.68% -11.09% -11.46%
1 Month -1.54% -1.67% -1.34%
3 Months -11.68% -11.09% -11.46%
Since Inception 74.96% 74.62% 86.74%

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

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 03/31/24

Sector Weight (%)
Materials 47.8
Information Technology 19.8
Industrials 18.9
Consumer Discretionary 12.4
Energy 1.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Chemicals: Specialty 22.0
Electrical Products 20.6
Electronic Components 10.8
Other Metals/Minerals 8.9
Electronic Production Equipment 8.4
Motor Vehicles 7.5
Chemicals: Agricultural 5.8
Precious Metals 5.2
Electronics/Appliances 4.3
Industrial Machinery 2.3
Containers/Packaging 2.0
Other 2.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 40.8
United States 18.4
Australia 12.9
Japan 10.1
South Korea 10.1
Chile 4.6
Canada 2.3
Netherlands 0.5
France 0.4

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 04/18/24

Return on Equity 17.80%
Weighted Avg. Market Cap 37,881 M
2023 2024
Price-to-earnings 10.27 13.85
Price-to-book value 2.61 2.34

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/24

Versus Beta
S&P 500 1.07
NASDAQ-100 0.88
MSCI Emg. Mkts 0.92
Standard Deviation 32.20%

Source: new windowAltaVista Research, LLC

ETF Research

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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.