Global X Lithium & Battery Tech ETF
ALTAR
Score™
3.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
32.1x P/Sales
ratio
1.4x
P/BV
ratio
2.1x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
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) $530
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 38
Wgt avg mkt cap (mns) $26,161
Large cap (>$10bn) 35.3%
Mid cap ($2-10bn) 41.5%
Small cap (<$2bn) 23.2%
Developed mkts 62.3%
Emerging mkts 37.7%

TOP TEN HOLDINGS
ALBEMARLE CORP 19.5 %
TESLA MOTORS INC 13.1 %
QUIMICA Y MINERA CHIL-SP ADR 11.6 %
SAMSUNG SDI CO LTD 6.4 %
LG CHEM LTD 5.0 %
SIMPLO TECHNOLOGY CO LTD 4.8 %
BYD CO LTD-H 4.7 %
PANASONIC CORP 4.5 %
VARTA AG 4.4 %
GS YUASA CORP 4.2 %
Total 78.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 40.8 %
SOUTH KOREA 12.7 %
CHILE 11.7 %
JAPAN 8.7 %
TAIWAN 6.9 %
CHINA 4.7 %
GERMANY 4.4 %
AUSTRALIA 3.8 %
CANADA 0.7 %
HONG KONG 0.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
4.4% 18.1% 20.3% -- 7.3%

Market Correlations
versus... Beta R-squared
S&P500 1.23 62%
MSCI EAFE 1.33 62%
MSCI Emg. Mkts. 1.02 56%

Technical Indicators
Recent close $29.80
30d moving avg. $25.67
Annualized volatility 26.5%
Short interest (ETF) 0.5%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 239
Turnover 1.3%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $17,433

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 3.5%


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 Index Fund 20.4 60 15 0.6 -2.9
BATT Amplify Advanced Battery Metals & Materials ETF 14.2 72 3 2.9 -0.6
CARZ First Trust NASDAQ Global Auto Index Fund 12.8 70 5 15.7 +12.1
IDRV iShares Self-driving EV & Tech ETF 12.6 47 28 6.9 +3.4
GEX VanEck Vectors Global Alternative Energy ETF 12.2 63 12 4.9 +1.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 11.8 70 5 5.9 +2.3
PBW Invesco WilderHill Clean Energy ETF 11.5 70 5 -4.7 -8.2
FTXR First Trust Nasdaq Transportation ETF 11.4 60 15 6.7 +3.1
ARKQ Ark Industrial Innovation ETF 11.0 75 0 0.7 -2.8
MOTO SmartETFs Smart Transportation & Technology ETF 10.5 68 7 8.3 +4.7
EKAR Innovation Shares NextGen Vehicles & Technology ETF 10.4 65 10 8.6 +5.1
DRIV Global X Autonomous & Electric Vehicles ETF 10.2 68 7 6.0 +2.5
ARKK ARK Innovation ETF 10.0 75 0 -3.2 -6.7
ARKW ARK Web x.0 ETF 9.4 76 -1 -0.8 -4.4
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 8.1 50 25 4.2 +0.7
REMX VanEck Vectors Rare Earth/Strategic Metals ETF 7.5 59 16 2.2 -1.3
SDG iShares Sustainable MSCI Global Impact ETF 7.4 49 26 6.2 +2.7
ACES ALPS Clean Energy ETF 6.2 65 10 1.2 -2.4
XKST SPDR Kensho Smart Mobility ETF 6.1 45 30 2.4 -1.1
XKCP SPDR Kensho Clean Power ETF 6.0 45 30 -10.8 -14.3
PBD Invesco Global Clean Energy ETF 6.0 75 0 1.9 -1.6
FLKR Franklin FTSE South Korea ETF 5.9 9 66 9.9 +6.4
SOIL Global X Fertilizers/Potash ETF 5.8 69 6 5.3 +1.8
XNTK SPDR Morgan Stanley Technology ETF 5.7 35 40 4.0 +0.5
LOUP Innovator Loup Frontier Tech ETF 5.5 70 5 3.1 -0.4
IYK iShares U.S. Consumer Goods ETF 5.4 42 33 5.4 +1.8
EWY iShares MSCI South Korea ETF 5.2 59 16 9.3 +5.7
IQM Franklin Intelligent Machines ETF 5.0 50 25 2.2 -1.4
KGRN KraneShares MSCI China Environment Index ETF 4.7 80 -5 8.2 +4.6
FMK First Trust Mega Cap AlphaDEX Fund 4.6 70 5 5.3 +1.7
PYZ Invesco DWA Basic Materials Momentum ETF 4.1 60 15 5.9 +2.4
RTM Invesco S&P 500 Equal Weight Materials ETF 4.0 40 35 6.3 +2.8
BIBL Inspire ETF 4.0 35 40 4.7 +1.2
FPX First Trust US IPO Index Fund 3.7 59 16 4.2 +0.6
FDIS Fidelity MSCI Consumer Discretionary Index ETF 3.4 8 67 3.8 +0.2
PSCM Invesco S&P SmallCap Materials ETF 3.3 29 46 9.5 +5.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.2 80 -5 8.2 +4.7
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.0 75 0 2.2 -1.4
KOMP SPDR Kensho New Economies Composite ETF 2.9 20 55 1.6 -1.9
FXZ First Trust Materials AlphaDEX Fund 2.8 65 10 7.3 +3.7
VCR Vanguard Consumer Discretionary Index Fund 2.7 10 65 3.9 +0.4
VXF Vanguard Extended Market Index Fund 2.6 7 68 3.8 +0.3
BICK First Trust BICK Index Fund 2.4 64 11 4.5 +1.0
MTUM iShares Edge MSCI USA Momentum Factor ETF 2.4 15 60 4.8 +1.2
CHIQ Global X China Consumer ETF 2.4 65 10 9.4 +5.9
FKO First Trust South Korea AlphadDEX Fund 2.3 80 -5 9.1 +5.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 2.2 70 5 4.4 +0.9
FRDM Freedom 100 Emerging Markets ETF 2.2 49 26 7.5 +4.0
AUSF Global X Adaptive U.S. Factor ETF 2.1 27 48 8.1 +4.6
NUEM Nuveen ESG Emerging Markets Equity ETF 2.1 45 30 7.9 +4.3
NULG Nuveen ESG Large-Cap Growth ETF 2.0 35 40 3.4 -0.1
PZD Invesco Cleantech ETF 2.0 68 7 4.8 +1.3
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 30 5.0 +1.5
NULC Nuveen ESG Large-Cap ETF 1.7 20 55 5.3 +1.8
XT iShares Exponential Technologies ETF 1.7 47 28 5.2 +1.7
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 1.7 75 0 5.8 +2.2
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.7 35 40 6.1 +2.6
JHMC John Hancock Multifactor Consumer Discretionary ETF 1.7 40 35 4.5 +0.9
QYLD Global X NASDAQ 100 Covered Call ETF 1.7 60 15 3.7 +0.2
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.7 64 11 8.5 +4.9
JKE iShares Morningstar Large-Cap Growth ETF 1.7 25 50 3.5 -0.1
NUSI Nationwide Risk-Managed Income ETF 1.7 68 7 3.7 +0.1
EYLD Cambria Emerging Shareholder Yield ETF 1.6 66 9 16.8 +13.3
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 15 3.6 +0.0
QQQ Invesco QQQ Trust 1.6 20 55 4.1 +0.6
HLAL Wahed FTSE USA Shariah ETF 1.5 50 25 4.7 +1.1
MXI iShares Global Materials ETF 1.5 46 29 6.2 +2.6
JHMA John Hancock Multifactor Materials ETF 1.4 40 35 6.9 +3.3
IYM iShares U.S. Basic Materials ETF 1.4 42 33 5.5 +1.9
NUDM Nuveen ESG International Developed Markets Equity ETF 1.3 40 35 7.0 +3.5
CLRG IQ Chaikin U.S. Large Cap ETF 1.3 25 50 6.1 +2.6
DVYE iShares Emerging Markets Dividend ETF 1.3 49 26 13.1 +9.5
XLB Materials Select Sector SPDR Fund 1.3 13 62 5.9 +2.3
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.3 20 55 7.7 +4.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.3 30 45 8.9 +5.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 1.2 49 26 8.4 +4.9
SLT Salt TruBeta High Exposure ETF 1.2 29 46 6.7 +3.1
EWJV iShares MSCI Japan Value ETF 1.2 15 60 10.8 +7.3
ESGE iShares ESG MSCI EM ETF 1.2 25 50 9.8 +6.2
DOGS Arrow Dogs of the World ETF 1.2 134 -59 11.5 +8.0
FTC First Trust Large Cap Growth AlphaDEX Fund 1.2 61 14 3.0 -0.5
VAW Vanguard Materials Index Fund 1.1 10 65 6.2 +2.6
ECOZ TrueMark ESG Active Opportunities ETF 1.1 58 17 4.4 +0.9
FMAT Fidelity MSCI Materials Index ETF 1.1 8 67 6.2 +2.6
ESG FlexShares STOXX US ESG Impact Index Fund 1.1 32 43 5.2 +1.7
TMFC Motley Fool 100 Index ETF 1.1 50 25 4.0 +0.4
DXJ WisdomTree Japan Hedged Equity Fund 1.1 48 27 8.3 +4.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 1.1 21 54 3.2 -0.3
EWGS iShares MSCI Germany Small Cap ETF 1.0 59 16 4.9 +1.4
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 62 2.1 -1.4
ILF iShares Latin America 40 ETF 1.0 48 27 7.5 +3.9
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 1.0 83 -8 7.1 +3.6
MGK Vanguard Mega Cap Growth ETF 1.0 7 68 4.3 +0.8
JMOM JPMorgan U.S. Momentum Factor ETF 1.0 12 63 3.9 +0.4
MOO VanEck Vectors Agribusiness ETF 1.0 54 21 5.6 +2.0
BOSS Global X Founder-Run Companies ETF 1.0 45 30 3.8 +0.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 60 15 4.1 +0.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 40 4.4 +0.8
TPIF Timothy Plan International ETF 1.0 62 13 7.1 +3.6
EMXC iShares MSCI Emerging Markets ex China ETF 1.0 49 26 8.5 +5.0

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%.

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RESULTS & ESTIMATES

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

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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:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.6 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 3.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.77 CATEGORY
AVERAGE
1.51
 
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.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.