Sprott Lithium Miners ETF

Sprott Lithium Miners ETF

LITP
Sprott Lithium Miners ETFUS flagNASDAQ Global Market
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USD
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
320 Post Road, Suite 230 Darien CT United States of America 6820
IPO Date
Feb 2, 2023
Business
Sprott Lithium Miners ETF (Nasdaq: LITP) is an exchange-traded fund that seeks to provide investment results corresponding generally to the total return performance of the Nasdaq Sprott Lithium Miners™ Index (NSLITP™), before fees and expenses. The ETF tracks a selection of global securities in the lithium industry, including lithium producers, developers, and explorers that derive at least 50% of their revenue or assets from lithium mining, exploration, development, or production; securities are selected based on revenue exposure and weighted by market capitalization, with the index typically comprising 40 to 50 constituents rebalanced semi-annually in June and December. Top holdings include Pilbara Minerals Ltd. (13.89%), Ganfeng Lithium Group Co. Ltd. (11.22%), Liontown Ltd. (10.15%), Albemarle Corp. (9.96%), and Sociedad Química y Minera de Chile S.A. (8.94%), among 30 total holdings as of December 17, 2025, with total net assets of approximately $36.59 million, a net expense ratio of 0.65%, and shares outstanding of 3 million. Launched on February 1, 2023, and issued by Sprott Funds Trust with Sprott Asset Management USA, Inc. as investment adviser and ALPS Advisors, Inc. as sub-adviser, the ETF is headquartered in Darien, Connecticut, and operates globally with exposure to companies domiciled primarily in Australia, China, the United States, Canada, and Chile. The fund targets investors seeking pure-play exposure to lithium miners supporting the clean energy transition, particularly amid rising demand for electric vehicle batteries and energy storage projected to increase 13-fold by 2050; it emphasizes upstream companies benefiting from strategic investments by Western governments and automakers securing onshore supply chains. Recent developments include a year-to-date total return of 80.83% as of November 30, 2025, driven by lithium price momentum from tightening supply, EV and data center demand, and strategic investments; the ETF distributed $0.44 in ordinary income on December 19, 2024, and announced a $0.89 distribution payable December 22, 2025. Index rebalances have adjusted holdings, such as additions like Mineral Resources Limited and removals tied to mergers like Allkem Limited with Livent Corporation in 2023, alongside performance influenced by events including a Chinese mine suspension boosting lithium stocks and U.S. government stakes in related projects like Lithium Americas Corp.