It seeks to provide exposure to companies that develop electric vehicles and autonomous vehicles, the required vehicle components and materials including companies that produce autonomous driving technology and network connected services for transportation. Active ETF-of-ETFs: 1/28/2021: TrueShares Low Volatility Equity Income ETF: DIVZ: NYSE Arca: Active: 1/28/2021: WisdomTree Cybersecurity Fund. Among the best performing non-leveraged ETFs of Wednesday, the ETFMG Alternative Harvest ETF () advanced 11.9%, Cambria Cannabis ETF (TOKE) increased 6.8%, Global X Cannabis ETF (POTX) surged 15.2%, AdvisorShares Pure Cannabis ETF (YOLO) gained 4.6%, Amplify Seymour Cannabis ETF (CNBS) rose 13.3%, and The Cannabis ETF (THCX) jumped 10.7%.. LIT invests at least 80% of its total assets in the securities of the index. This along with rising investments in this space has helped many EV stocks skyrocket this year. LIT invests at least 80% of its total assets in the securities of the index. Up 120% in 2020, Can the LIT Lithium ETF Hold Its Charge in 2021? Explore LIT for FREE on ETFdb.com: Price, Holdings, Charts, Technicals, Fact Sheet, News, and more. ETF Edge Watch now: ETF Edge on silver ETFs spiking and behavior patterns in the GameStop-Reddit frenzy Published Mon, Feb 1 2021 12:45 PM EST Updated Mon, Feb 1 2021 … It is ranked #2 out of 110 ETFs in the Commodity ETFs group. Incentives and subsidies offered by the governments for buying EVs are also adding to the demand. The Fund tracks the performance of the Solactive Global Lithium Index, by using full replication technique. Learn everything about Global X Lithium & Battery Tech ETF (LIT). LIT ETF now trades 20% above previous highs. We start our list of 2021's best ETFs with a familiar face: The boring ol' Vanguard S&P 500 ETF (VOO, $335.01), which simply tracks the S&P 500 Index of primarily U.S. blue-chip stocks. is expected to grow to almost 94 billion US dollars worldwide by 2026. The top 3 holdings of the ETF are Tesla Inc. (. ) HAPPENING NOW: CEOs of Robinhood, Reddit, Citadel Securities face … The top 3 holdings of the ETF are Albemarle Corp (. It invests at least 80% of its total assets in the securities of the index. LIT seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Lithium Index, which is designed to measure broad-based equity market performance of global companies involved in the lithium industry. How Supply/Demand Imbalances Lit Up the LIT ETF Ben Hernandez February 10, 2021 Simple forces of supply and demand are feeding into strength for the Global X Lithium & Battery Tech ETF (LIT… In trading on Thursday, the iShares U.S. Utilities ETF is outperforming other ETFs, up about 0.6% on the day. And considering the fact that diversification, as explained in this article , happens to be one of the best strategies for maximizing gains while minimizing losses, it may well be worth considering buying yourself some exposure to both the US and Canadian markets. A high-level overview of Global X Lithium & Battery Tech ETF (LIT) stock. ETF investors can make a play on electric cars with the Global X Lithium & Battery Tech ETF (LIT). DRIV invests in public equity markets of global developed regions. After promoting GameStop (GME) and Silver, Reddit's discussion has now popularized marijuana stocks like Sundial Growers (up 78.8% on Feb 10) and Tilray (up more than 50% on Feb 10). Tesla is one of LIT’s top 10 holdings as of December 31, 2020. Fund Name: Lithium ETF: Issuer: Global X: Total Net Assets: $10,493,985,142: Inception: 07/22/2010: Related Index: LIT targets the largest and most liquid lithium battery producing and mining and refining companies in the world. They are also central to increasing the efficiency and range of EVs. The fund is non-diversified and investment results generally correspond to the total return performance of the S&P Kensho Smart Transportation Index, which it tracks using representative sampling technique. By . LIT – Increasing climate change concerns, lower recurring expenses, and higher efficiency are leading continued rise in demand for electric vehicles (EVs). The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.