LITP - ETF AI Analysis
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Sprott Lithium Miners ETF (LITP)
Rating:43Neutral
Price Target:―
Positive Factors
Strong Core Lithium Leaders
Several of the largest holdings, including major lithium producers, have shown strong year-to-date performance, helping support the fund despite recent volatility.
Global Diversification Within Lithium
Holdings spread across the U.S., Australia, Hong Kong, Canada, and the UK reduce reliance on any single country’s lithium market or regulations.
Targeted Exposure to Lithium Miners
The fund’s focus on materials and lithium-related companies offers direct, concentrated exposure for investors who want to bet specifically on the lithium mining theme.
Negative Factors
High Sector Concentration
With almost all assets in the materials sector, the ETF is heavily exposed to swings in commodity prices and mining industry conditions.
Mixed Performance and Recent Weakness
The ETF has shown weak recent returns overall, with several top holdings lagging year-to-date and weighing on short-term performance.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can eat into returns over time, especially if performance remains uneven.
LITP vs. SPDR S&P 500 ETF (SPY)
AUM51.58M
RegionGlobal
Expense Ratio0.65%
Beta1.46
IssuerSprott
Inception DateFeb 01, 2023
Dividend Yield6.64%
Asset ClassEquity
Index TrackedNasdaq Sprott Lithium Miners Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume63,030
30 Day Avg. Volume187,199
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
16.63Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering36
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
LITP Summary
The Sprott Lithium Miners ETF (LITP) tracks the Nasdaq Sprott Lithium Miners Index and focuses on companies that mine lithium, a key metal used in batteries for electric vehicles and energy storage. It holds well-known names like Albemarle and Pilbara Minerals, along with other miners from the U.S., Australia, and around the world. Someone might invest in this ETF to bet on the long-term growth of electric cars and clean energy, while spreading that bet across many lithium companies. A key risk is that it is heavily concentrated in one sector, so its price can swing sharply with lithium demand and commodity prices.
How much will it cost me?The Sprott Lithium Miners ETF (LITP) has an expense ratio of 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed and focuses on a specific sector, requiring more research and management. It offers targeted exposure to the lithium mining industry, which is integral to the growing electric vehicle and renewable energy markets.
What would affect this ETF?The Sprott Lithium Miners ETF (LITP) could benefit from the growing demand for electric vehicles and renewable energy, which drives the need for lithium used in batteries. However, it may face challenges from fluctuating lithium prices, regulatory changes in mining practices, or slower-than-expected EV adoption rates globally. Its global exposure and focus on leading lithium mining companies provide diversification but also make it sensitive to geopolitical and economic conditions in key mining regions.
LITP Top 10 Holdings
LITP is a pure play on lithium miners, so materials names completely steer the ship. Albemarle and Pilbara Minerals have been relatively steady to rising, helping keep the fund’s momentum intact, while SQM adds another solid pillar with improving sentiment around lithium demand. On the flip side, Ganfeng Lithium and Liontown have been more mixed, and smaller positions like Standard Lithium and Sigma Lithium are clearly lagging, acting as a brake on returns. It’s a globally spread basket, but thematically all-in on the lithium story and the EV supply chain.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ganfeng Lithium Co | 12.75% | $6.41M | HK$173.12B | 320.79% | 50 Neutral | |
| Albemarle | 11.62% | $5.84M | $20.45B | 241.86% | 58 Neutral | |
| Pilbara Minerals | 11.22% | $5.64M | AU$16.72B | 357.85% | 59 Neutral | |
| Liontown Resources Limited | 10.85% | $5.46M | AU$5.48B | 328.69% | 36 Underperform | |
| Sociedad Quimica Y Minera SA | 10.83% | $5.44M | $20.95B | 148.40% | 71 Outperform | |
| IGO | 5.05% | $2.54M | AU$6.21B | 147.50% | 56 Neutral | |
| Elevra Lithium | 4.50% | $2.26M | $1.06B | 310.00% | 54 Neutral | |
| Lithium Argentina | 4.32% | $2.17M | $1.18B | 308.52% | ― | |
| Tianqi Lithium Corp. Class H | 3.60% | $1.81M | HK$106.32B | 129.73% | 52 Neutral | |
| Sigma Lithium | 3.49% | $1.75M | $1.64B | 85.43% | ― |
LITP Technical Analysis
Positive
―
Price Trends
13.18
Positive
12.64
Positive
10.05
Positive
Market Momentum
0.07
Negative
55.10
Neutral
91.00
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For LITP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 12.63, equal to the 50-day MA of 13.18, and equal to the 200-day MA of 10.05, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 55.10 is Neutral, neither overbought nor oversold. The STOCH value of 91.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LITP.
LITP Peer Comparison
Comparison Results
Performance Comparison
LITP
Sprott Lithium Miners ETF
13.43
8.71
184.53%
FDCF
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FDRV
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MOTO
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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