LIT


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 06/12/24

Inception Date 07/22/10
Total Expense Ratio 0.75%
Net Assets $1.41 billion
NAV $42.36
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 06/12/24

Ticker LIT
Bloomberg Index Ticker SOLLIT
CUSIP 37954Y855
ISIN US37954Y8553
Primary Exchange NYSE Arca
Shares Outstanding 33,284,628
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.14%

Distributions As of 06/12/24

30-Day SEC Yield 1.46%
Distribution Frequency Semi-Annually

ETF Prices As of 06/12/24

NAV $42.36 Daily Change -$0.01 -0.02%
Market Price $42.35 Daily Change $0.05 0.12%

Performance History

As of recent
(03/31/24)
As of recent
(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 -27.96% -27.84% -27.76%
3 Years -12.32% -12.56% -12.51%
5 Years 13.20% 13.16% 13.49%
10 Years 6.47% 6.48% 6.72%
Since Inception 3.81% 3.79% 4.29%
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 -15.20% -14.68% -15.14%
1 Month -1.43% -0.82% -1.47%
3 Months -5.47% -5.64% -5.44%
Since Inception 67.98% 67.57% 78.97%

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 06/12/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.87 ALB ALBEMARLE CORP 2046853 112.65 1,238,733 139,543,272.45
5.35 MIN AU MINERAL RESOURCES LTD B17ZL56 42.93 1,762,272 75,646,747.16
4.73 6762 JP TDK CORP 6869302 56.04 1,193,487 66,877,252.22
4.72 SQM QUIMICA Y-SP ADR 2771122 44.39 1,503,352 66,733,795.28
4.62 300014 C2 EVE ENERGY CO LTD-A BD5C7G6 5.62 11,634,388 65,368,489.33
4.56 TSLA TESLA INC B616C79 177.29 363,650 64,471,508.50
4.42 PLS AU PILBARA MINERALS LTD B2368L5 2.28 27,405,609 62,543,502.38
4.35 1211 HK BYD CO LTD-H 6536651 28.17 2,182,274 61,477,230.00
4.26 002371 C2 NAURA TECH GR -A BD5LYF1 44.82 1,343,041 60,189,865.45
4.17 006400 KS SAMSUNG SDI CO LTD 6771645 285.95 206,145 58,947,792.67
3.93 373220 KS LG ENERGY SOLUTION BNSP8W5 255.43 217,665 55,598,610.20
3.81 300750 C2 CONTEMPORARY A-A BHQPSY7 25.59 2,103,709 53,834,530.41
3.78 6752 JP PANASONIC HOLDINGS CORP 6572707 8.46 6,320,876 53,473,568.27
3.42 002466 C2 TIANQI LITHIUM CORP-A BD5CKH8 4.61 10,507,988 48,405,346.81
3.25 ENS ENERSYS B020GQ5 109.59 419,862 46,012,676.58
3.09 ALTM ARCADIUM LITHIUM PLC BM9HZ11 3.86 11,336,205 43,757,751.30
3.03 LTM AU ARCADIUM LITHIUM PLC-CDI BS715X9 3.94 10,873,227 42,860,981.41
2.25 066970 KS L&F CO LTD 6578608 120.49 264,562 31,875,866.29
2.21 002460 C2 GANFENG LITHIU-A BD5CB19 4.42 7,081,540 31,312,948.58
2.18 002709 C2 GUANGZHOU TINC-A BD5LR63 2.63 11,761,014 30,875,144.82
2.00 300207 C2 SUNWODA ELECTR-A BD5CCV6 2.04 13,843,491 28,210,926.47
1.91 IGO AU IGO LTD 6439567 4.34 6,226,017 27,042,283.43
1.91 300450 C2 WUXI LEAD INTE-A BD6QWJ5 2.67 10,115,646 26,988,073.50
1.69 LCID LUCID GROUP INC BP0TR77 2.65 9,010,354 23,832,386.33
1.67 002812 C2 YUNNAN ENERGY-A BFCCR30 5.11 4,630,759 23,674,956.91
1.52 002738 C2 SINOMINE RESOU-A BNR4M32 4.09 5,255,326 21,506,059.86
1.41 603659 C1 SHANGHAI PUTAI-A BF2DZJ5 2.24 8,865,353 19,863,084.97
1.24 002176 C2 JIANGXI SPECIA-A BD5CC72 1.24 14,137,677 17,465,593.87
0.82 ERA FP ERAMET 4017017 122.58 93,991 11,521,128.79
0.77 LTR AU LIONTOWN RESOURCES LTD B1J89V5 0.76 14,344,461 10,944,034.33
0.46 SGML SIGMA LITHIUM CORP BNM4ZD8 13.58 475,209 6,453,338.22
0.45 AMG NA AMG CRITICAL MAT B1Z95S1 20.12 319,233 6,423,652.09
0.45 PMET CN PATRIOT BATTERY BMG0XS6 5.01 1,263,139 6,328,841.65
0.37 LAAC CN LITHIUM AMERICAS BRBS2X8 4.08 1,269,274 5,182,223.76
0.29 LAC CN LITHIUM AMERICAS CORP BRBS357 2.98 1,364,444 4,065,976.35
0.25 LRS AU LATIN RESOURCES LTD B44CSR2 0.15 24,297,264 3,577,407.51
0.25 CASH 1.00 3,483,818 3,483,817.79
0.18 SLI CN STANDARD LITHIUM LTD BDSFRL7 1.48 1,706,642 2,530,389.85
0.17 SYA AU SAYONA MINING LTD BBX4LR9 0.02 96,256,233 2,383,520.80
0.16 PLL PIEDMONT LITHIUM INC BMGHM13 11.88 189,185 2,247,517.80
0.12 OTHER PAYABLE & RECEIVABLES 1.00 1,690,752 1,690,751.83
0.09 CXO AU CORE LITHIUM LTD B4XFS83 0.06 19,164,468 1,218,452.87
0.00 JAPANESE YEN 0.01 891,081 5,719.57
0.00 TAIWAN DOLLAR 0.03 6 0.17
0.00 SWISS FRANC 1.00 0 0.02
0.00 EURO 1.08 -442 -479.46
-0.07 KOREAN WON 0.00 -1,394,573,643 -1,013,424.64
-0.09 CHINESE YUAN RENMINBI 0.14 -9,311,949 -1,283,919.71
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 05/31/24

Sector Weight (%)
Materials 48.4
Industrials 18.4
Information Technology 15.6
Consumer Discretionary 14.2
Energy 3.5

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Chemicals: Specialty 21.0
Electrical Products 20.9
Other Metals/Minerals 10.1
Motor Vehicles 9.8
Electronic Components 9.0
Electronic Production Equipment 6.6
Chemicals: Agricultural 6.1
Precious Metals 5.5
Electronics/Appliances 4.3
Industrial Machinery 2.2
Financial Conglomerates 2.0
Other 2.5

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 35.5
United States 24.3
Australia 13.8
South Korea 9.9
Japan 8.2
Chile 5.0
Canada 2.0
France 0.8
Netherlands 0.5

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 06/12/24

Return on Equity 32.20%
Weighted Avg. Market Cap 44,462 M
2023 2024
Price-to-earnings 9.25 12.71
Price-to-book value 4.40 3.84

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 1.01
NASDAQ-100 0.84
MSCI EAFE 0.88
MSCI Emg. Mkts 0.88
Standard Deviation 31.60%

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.