Global X Lithium & Battery Tech ETF (NYSE: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. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.
Fund Overview
- Net Assets 3.64 Billions
- YTD Daily Total Return 32.30%
- Yield 0.17%
- Annual Expense Ratio 0.75%
Performance Overview
- 32.30% YTD Daily Total Return
- 114.37% 1-Year Daily Total Return
- 39.47% 3-Year Daily Total Return
Top 10 Holdings (58.75% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Albemarle Corp | ALB | 12.00% |
| Yunnan Energy New Material Co Ltd A | 002812 | 6.67% |
| Contemporary Amperex Technology Co Ltd Class A | 300750 | 6.41% |
| EVE Energy Co Ltd | 300014 | 5.81% |
| BYD Co Ltd Class H | 01211 | 5.23% |
| NAURA Technology Group Co Ltd | 002371 | 5.11% |
| Ganfeng Lithium Co Ltd | 002460 | 5.10% |
| Wuxi Lead Intelligent Equipment Co Ltd A | 300450 | 4.46% |
| Mineral Resources Ltd | MIN.AX | 4.02% |
| Samsung SDI Co Ltd | 006400.KS | 3.94% |
With the global shift toward cleaner energy sources, the demand for energy storage solutions is growing. Global X Lithium & Battery Tech ETF offers the best exposure to the stocks of battery energy storage companies.
I own LIT ETF for diversification and I like energy storage related stocks.
LIT ETF is the best ETF to own for the future.
Own LIT for my IRA account.