The Global X Lithium & Battery Tech ETF (LIT) is an exchange-traded fund designed to track the performance of companies involved in the global lithium and battery technology value chain. The ETF follows a thematic index focused on companies engaged in lithium extraction, processing, and application, as well as the development of energy storage technologies. The fund is managed by Global X ETFs and is traded under the ticker LIT on NYSE Arca.

Classified as a thematic equity ETF, LIT aims to reflect, before fees and expenses, the performance of companies related to the lithium and battery technology sector. To achieve this objective, the fund adopts a passive management strategy, maintaining a portfolio that seeks to replicate the composition and weighting of its reference index.

This approach provides targeted exposure to a specific segment of the global economy linked to energy transition and electrification.

The reference index tracked by LIT is composed of companies selected based on their significant involvement in the lithium and battery market. Asset weighting considers factors such as sector representation and liquidity, seeking balance among raw material producers, manufacturers, and technology-focused companies.

The index undergoes periodic reviews, including adjustments to constituents and weightings, which are reflected in the ETF’s portfolio.

Diversification and sector exposure

LIT provides thematic exposure to companies operating across different stages of the lithium and energy storage value chain. Sector diversification includes segments such as:

• Lithium mining and extraction.

• Battery materials processing.

• Battery technology.

• Electric vehicles.

• Energy storage and industrial solutions.

This composition aims to reflect the integrated structure of the global lithium and battery sector.

Structure and costs

Shares of LIT are traded on the secondary market, allowing investors to buy and sell throughout the trading session. Creation and redemption of shares are conducted through authorized participants, a mechanism that helps keep the ETF’s market price aligned with its net asset value.

The fund charges a management fee, which is typical for thematic ETFs, and does not apply a performance fee. LIT may distribute income to shareholders, depending on dividends received from the underlying holdings.

History and evolution of the ETF

The Global X Lithium & Battery Tech ETF was launched amid growing market interest in clean technologies and electric mobility, reflecting the rising demand for batteries and related raw materials.

Over time, LIT became a widely used vehicle for thematic exposure to the lithium sector, tracking technological developments and the expanding use of batteries across multiple industries worldwide.

Between 2020 and 2024, the ETF mirrored key global market movements, influenced by technological advancements, regulatory changes, and fluctuations in demand for electric vehicles and energy storage systems.

Additional Information

Global X Funds - Global X Lithium & Battery Tech ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $1.47 billion.

Over the past 12 months, Global X Funds - Global X Lithium & Battery Tech ETF recorded a return of 35.93%, with its price trading between $52.52 and $91.79 during the same period.

The ETF is traded under the ticker LIT.