Global X - Lithium & Battery Tech ETF
LIT
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Jul 23, 2010
- CIK
- 0001432353
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X Lithium & Battery Tech ETF (LIT) is an exchange-traded fund that provides investors with targeted exposure to companies involved in the lithium cycle, including lithium mining and refinement as well as battery production for electric vehicles, energy storage, grid infrastructure and mobile devices; its portfolio comprises 46 holdings spanning materials, industrials, information technology and consumer discretionary sectors, with top positions in Rio Tinto plc, Albemarle Corp., Naura Technology Group Co. Ltd., Tesla Inc. and Panasonic Holdings Corp.. LIT seeks to track the Solactive Global Lithium Index before fees and expenses, with a total expense ratio of 0.75%, net assets of approximately $1.4 billion, semi-annual distributions and a focus on global operations across developed and emerging markets.. Launched on July 22, 2010, by Global X Management Company LLC, a New York-based ETF provider founded in 2008 and headquartered at 605 Third Avenue, the fund operates under the NYSE Arca exchange with ticker LIT (CUSIP 37954Y8553).. In recent developments, LIT has benefited from surging lithium demand forecasts, projected to rise from 1.2-1.3 million metric tonnes of lithium carbonate equivalent in 2024 to 3.3 million by 2030, alongside advances in production techniques such as direct lithium extraction; portfolio companies like Lithium Americas advanced through a U.S. government-backed acquisition of a 59% stake in the Thacker Pass project.. Global X, the fund's issuer and a subsidiary of Mirae Asset Global Investments since its 2018 acquisition, continues to expand its thematic ETF suite, including risk rating adjustments for select funds in August 2025 and product updates announced in July 2025, while maintaining over $40 billion in total assets under management across more than 80 strategies focused on disruptive technologies, income and international access.. The ETF's performance reflects robust sector growth, with year-to-date returns exceeding 38% as of late 2025 amid electrification trends..