ETF Research Center

Global X Lithium & Battery Tech ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield performance of the Solactive Global Lithium Index.

FUND BASICS
Category	Global Equities
Fund Sponsor	Global X Management Co LLC
Website	www.globalxfunds.com
Inception date	Jul 23, 2010
Assets (mns)	$615
Currency	USD
Expense ratio	75 bp
Distributions	Annually

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian	Brown Brothers Harriman & Co
Weighting	Market Cap
Index replication	Full
Uses derivatives	No
Options available	Yes

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	39
Wgt avg mkt cap (mns)	$17,735
Large cap (>$10bn)	30.3%
Mid cap ($2-10bn)	43.5%
Small cap (<$2bn)	26.3%
Developed mkts	63.4%
Emerging mkts	36.6%

TOP TEN HOLDINGS
Total	78.0 %
ALBEMARLE CORP	20.1 %
QUIMICA Y MINERA CHIL-SP ADR	12.8 %
TESLA MOTORS INC	11.1 %
LIVENT CORPORATION	6.0 %
SAMSUNG SDI CO LTD	5.6 %
LG CHEM LTD	4.9 %
PANASONIC CORP	4.8 %
SIMPLO TECHNOLOGY CO LTD	4.3 %
ENERSYS	4.2 %
BYD CO LTD-H	4.2 %

TOP COUNTRY EXPOSURE
	UNITED STATES	41.7 %
	CHILE	12.8 %
	SOUTH KOREA	11.7 %
	JAPAN	8.9 %
	TAIWAN	5.9 %
	AUSTRALIA	4.8 %
	CHINA	4.2 %
	GERMANY	3.2 %
	HONG KONG	1.1 %
	CANADA	0.9 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru January 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
5.1%	2.8%	23.7%	--	7.6%

Market Correlations
versus...	Beta	R-squared
S&P500	1.02	38%
MSCI EAFE	1.23	46%
MSCI Emg. Mkts.	0.82	35%

Technical Indicators
Recent close	$32.16
30d moving avg.	$29.55
Annualized volatility	20.0%
Short interest (ETF)	2.7%
Relative strength (RSI)	66

Liquidity measures
Avg. volume (thou.)	211
Turnover	1.1%
Bid/Ask (% of price)	0.07%
ADV underlying (mns)	$13,020

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Global X Lithium & Battery Tech ETF ETF based on the alternatives' overlap in portfolio holdings with LIT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

LIT

Expense:

75 bp

ALTAR Score™:

3.6%

ALTERNATIVE ETFs BASED ON OVERLAP WITH LIT
Ticker	Fund Name	Overlap¹ vs LIT (%)	Expense ratio (bp)	Savings vs LIT (bp)	ALTAR Score™ (%)	ALTAR vs LIT (%)
QCLN	First Trust NASDAQ Clean Edge Green Energy	20.7	60	15	1.3	-2.3
KARS	KraneShares Electric Vehicles & Future Mobility Index	16.2	70	5	5.2	+1.6
BATT	Amplify Advanced Battery Metals & Materials	15.6	72	3	0.9	-2.7
EKAR	Innovation Shares NextGen Vehicles & Technology	14.8	95	-20	6.1	+2.5
GEX	VanEck Vectors Global Alternative Energy	13.5	63	12	3.5	-0.2
CARZ	First Trust NASDAQ Global Auto	12.4	70	5	12.6	+9.0
PBW	Invesco WilderHill Clean Energy	11.9	70	5	-0.7	-4.3
SDG	iShares MSCI Global Impact	11.6	49	26	4.9	+1.3
IDRV	iShares Self-driving EV & Tech	11.6	47	28	7.7	+4.1
ARKQ	ARK Industrial Innovation	11.1	75	0	1.1	-2.5
GMAN	Goldman Sachs Motif Manufacturing Revolution	10.3	50	25	4.3	+0.7
ARKK	ARK Innovation	10.2	75	0	-3.0	-6.6
REMX	VanEck Vectors Rare Earth/Strategic Metals	9.8	59	16	3.4	-0.2
LOUP	Innovator Loup Frontier Tech	9.6	70	5	3.4	-0.2
ACES	ALPS Clean Energy	9.5	65	10	0.7	-2.9
ARKW	ARK Web x.O	9.5	75	0	-0.5	-4.1
DRIV	Global X Autonomous & Electric Vehicles	9.3	68	7	6.6	+3.0
PBD	Invesco Gbl Clean Energy	6.2	75	0	0.4	-3.2
SOIL	Global X Fertilizers/Potash	6.1	69	6	4.9	+1.3
FMK	First Trust Mega Cap AlphaDEX	6.1	70	5	5.4	+1.8

¹Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

	2015	2016	2017	2018	2019	2020E	2021E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

Return on equity

Revision activity*

*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS

	2019	2020E	2021E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Historical valuation trends

Forward multiple:	Global X Lithium & Battery Tech ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	9.0	%
Divided by: Fwd. P/BV	2.1	x
Less: Expense ratio	75	bp
Equals: ALTAR Score	3.6	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.74	CATEGORY AVERAGE	1.55

The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale: BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3. Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.