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iShares Trust iShares Lithium Miners and Producers ETF

ILIT
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jun 21 2023
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$29,812
AUM
$3,697,003
Associated Index
STOXX Global Lithium Miners and Producers Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

PLS
Pilbara Minerals Limited
7.94%
SQM
Sociedad Quimica Y Minera de Chile S.A. - ADR
7.93%
AKE
Allkem Ltd
7.68%
ALB
Albemarle Corp.
7.65%
LTHM
Livent Corp
7.19%
SGML
Sigma Lithium Corporation
5.09%
LTR
Liontown Resources Ltd
4.83%
005070
Cosmo AM & T
4.78%
LAC
Lithium Americas Corp
4.74%
361610
SK Ie Technology Co. Ltd.
4.42%
Invest with ILIT

What is ILIT?

The iShares Lithium Miners and Producers ETF seeks to track the investment results of an index composed of U.S. and non-U.S. equities of companies primarily engaged in lithium ore mining and/or lithium compounds manufacturing. Gain exposure to global lithium miners and producers who could stand to benefit from an increased demand for this limited resource.

ETFs related toILIT

ETFs correlated to ILIT include REMX, LIT, FDT

ILIT
iShares Trust - iShares Lithium Miners and Producers ETF
REMX
VanEck ETF Trust - VanEck Rare Earth/Strategic Metals ETF
LIT
Global X Funds - Global X Lithium & Battery Tech ETF
FDT
First Trust Exchange-Traded Fund III - First Trust Developed Markets ex-US AlphaDEX Fund
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
COPX
Global X Funds - Global X Copper Miners ETF
IDRV
iShares Trust - iShares Self-Driving EV and Tech ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toILIT

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with ILIT using Composer

FAQ

ILIT is a Global Equities ETF. The iShares Lithium Miners and Producers ETF seeks to track the investment results of an index composed of U.S. and non-U.S. equities of companies primarily engaged in lithium ore mining and/or lithium compounds manufacturing. Gain exposure to global lithium miners and producers who could stand to benefit from an increased demand for this limited resource.

ILIT tracks the STOXX Global Lithium Miners and Producers Index.

No, ILIT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ILIT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ILIT is -0.1036%. This is the percent change in the value of ILIT over the most recent 1-month period. The 3-month return on ILIT is -0.2432%. This is the percent change in the value of ILIT over the most recent 3-month period.

ETFs similar to ILIT include IXJ, SMH, and URA.

ETFs correlated to ILIT include REMX, LIT, and FDT.

ETFs that are inversely correlated to ILIT include EDZ, GLL, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.