Global X Lithium & Battery Tech ETF (LIT)
| Assets | $1.16B |
| Expense Ratio | 0.75% |
| PE Ratio | 22.63 |
| Shares Out | 27.03M |
| Dividend (ttm) | $0.61 |
| Dividend Yield | 1.44% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | 32.30% |
| 1-Year Return | -15.53% |
| Volume | 356,447 |
| Open | 41.67 |
| Previous Close | 41.90 |
| Day's Range | 41.53 - 42.68 |
| 52-Week Low | 34.65 |
| 52-Week High | 52.23 |
| Beta | 1.12 |
| Holdings | 45 |
| Inception Date | Jul 22, 2010 |
About LIT
Fund Home PageThe Global X Lithium & Battery Tech ETF (LIT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global lithium miners and battery producers. LIT was launched on Jul 22, 2010 and is issued by Global X.
Top 10 Holdings
50.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Albemarle Corporation | ALB | 8.48% |
| Tesla, Inc. | TSLA | 7.83% |
| Panasonic Holdings Corporation | 6752 | 4.75% |
| Contemporary Amperex Technology Co., Limited | 300750 | 4.52% |
| TDK Corporation | 6762 | 4.31% |
| Ganfeng Lithium Group Co., Ltd. | 002460 | 4.27% |
| EVE Energy Co., Ltd. | 300014 | 4.26% |
| Sociedad Química y Minera de Chile S.A. | SQM | 4.24% |
| NAURA Technology Group Co., Ltd. | 002371 | 4.19% |
| Arcadium Lithium plc | ALTM | 4.11% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.250 | Jul 5, 2024 |
| Dec 28, 2023 | $0.358 | Jan 8, 2024 |
| Jun 29, 2023 | $0.208 | Jul 10, 2023 |
| Dec 29, 2022 | $0.517 | Jan 9, 2023 |
| Jun 29, 2022 | $0.062 | Jul 8, 2022 |
| Dec 30, 2021 | $0.148 | Jan 7, 2022 |
News
LIT: Supply And Demand Are Indicating To Hold Tight
Cleaner energy investments, particularly in EVs powered by lithium-ion batteries, are gaining traction, making the lithium industry important to know for investors. Global X Lithium & Battery Tech ETF...
LIT: Buying Lithium At A Bargain
I am bullish on the LIT Global X Lithium & Battery Tech ETF and have initiated a long position. Despite potential market corrections, lithium's short-term tailwinds make it a compelling investment. Co...
Tidal CEO Speaks on White-Label Platforms & Innovation in ETFs
Guillermo Trias, CEO of Tidal Financial, radiates energy and a seemingly ridiculous level of enthusiasm for everything he does — especially regarding ETFs. It might even be fair to label him the Energ...
Lithium Miners News For The Month Of October 2024
Lithium prices were flat the past month. Lithium market news - The US government is reportedly examining price support mechanisms for domestic critical mineral projects. BloombergNEF forecasts lithium...
LIT: Lithium Bear Market Likely Has No End In Sight
CATL and Arcadium recently announced plans to take lithium mines offline. China's deteriorating economic prospects risk negatively impacting lithium consumption. A global lithium supply glut shows no ...
LIT: Continued Bearish Trends, Spotting A Long Play After The Q2 Earnings Season
EV vehicle prices continue to fall, indicative of bearish sentiment toward lithium producers in the Materials sector. Lithium-related stocks lag S&P 500 with Albemarle down 55%, though shares of Tesla...
LIT ETF: Fares Well Against BATT ETF, Maybe A Good Time To Take A Nibble
Global X Lithium & Battery Tech ETF is a $1.2bn product covering global stocks involved in lithium mining and battery technology. We juxtapose LIT against a close peer - BATT. We provide some commenta...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
LIT: An Opportunity After The Crash
The slowdown in EV sales has caused a drop in lithium prices and ETFs like the Global X Lithium & Battery Tech ETF.
Why investor appetite for commodity funds picked up despite ETF flows broadly seeing ‘pretty big drop' in April
Hello! This week's ETF Wrap digs into the slump in ETF flows in April and investor positioning around commodities as inflation worries persist.
Lithium Miners News For The Month Of February 2024
Lithium carbonate spot prices were generally flat the past month. Lithium market news - Fastmarkets forecast a tentatively balanced lithium market in 2024. US moves to restore stockpiling ‘panic butto...
LIT: Contrarian Indications Galore
The transformation from internal combustion engine to battery electric vehicles is inevitable. BEV demand has slowed on price resistance, charging, and maintenance infrastructure. Part of the learning...
Are Lithium Stocks at Rock Bottom?
A recovery of the metal's market isn't yet in sight, but one will have to come eventually.
Lithium & Battery ETF (LIT) at risk as miner warns on lithium demand
The Global X Lithium & Battery Tech ETF (LIT) has plunged hard in the past few months. It has crashed by over 54% from its highest point in November 2021.
LIT: Bearish Momentum Trends, The Valuation Case Hasn't Improved Much
The Global X Lithium & Battery Tech ETF has seen a decline in assets under management and poor performance, raising concerns for long-term investors.
Record January stock-market rally left these ETFs behind. Few are set to bounce.
While the megacap technology names once again drove the U.S. stock market to solid monthly gains to kick off 2024, some of the last year's stock laggards continued to struggle.
Lithium Miners News For The Month Of December 2023
Lithium chemical spot prices and spodumene prices were lower the past month and are now below the marginal cost of production. Lithium market news - China Futures Co. analyst, Zhang Weixin, forecasts ...
LIT Declines, The Value Proposition Improves: The Trend Remains Negative
Lithium prices have experienced a significant decline, dropping 79.6% from April 2022 to November 2023. EV stocks, including the GX Autonomous & Electric Vehicles ETF and the KS Electric Vehicles and ...
Lithium Miners News For The Month Of November 2023
Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - Australia's largest lithium mine flags output cut on weak China demand. SQM announces a...
Lithium Miners News For The Month Of October 2023
Lithium chemical spot prices and spodumene prices were slightly lower the past month. Citi short-term forecast is for lithium carbonate price to fall to US$18,000/t. Lithium market news - Argentina mu...
Lithium Miners News For The Month Of September 2023
Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - BMI: "Battery capacity to increase 4-fold by 2030 to 4TWh." Argentina to reach top thre...
LIT: Severe Underperformance And High China Exposure Are Near-Term Risks
Commodities rallied to the highest level since August 2022, while lithium futures plummeted 67% in 2023. Global X Lithium & Battery Tech ETF lags behind the S&P 500 with a -20% return YoY. LIT offers ...
Lithium Miners News For The Month Of August 2023
Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - BloombergNEF: EV battery sizes increasing may lead to battery supply chain shortages. B...