Global X Lithium & Battery Tech ETF (LIT)

commodities clean-energy

Focuses on the global lithium industry, offering exposure to companies involved in lithium mining, refining, and battery production. It tracks the Solactive Global Lithium Index. LIT has an expense ratio of 0.75%, which is relatively high but not uncommon for niche sector ETFs. The fund distributes dividends annually. LIT uses a modified market-cap weighting methodology with caps to prevent overconcentration in larger stocks. A key differentiating quality is its specialized focus on the lithium sector, making it a targeted play on the growing electric vehicle and energy storage markets. The fund typically holds between 35-45 stocks, providing a concentrated portfolio of companies across the lithium value chain. This composition makes LIT an option for investors seeking exposure to the lithium industry's growth potential.