LITP vs QQQ
Sprott Lithium Miners ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. LITP delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LITP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $41M | $496.3B | |
| Dividend Yield | 8.94% | 0.44% | |
| Holdings | 39 | 108 | |
| YTD Return | -10.29% | +16.23% | |
| 1Y Return | +60.96% | +26.23% | |
| 3Y Return (annualized) | -3.71% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 44.4% | 30.6% | |
| Max Drawdown | -73.2% | -83.0% | |
| Fund Family | Sprott ETFS | Invesco (US) | |
| Category | Commodity | Equity | |
| Inception | Feb 1, 2023 | Mar 10, 1999 |
LITP vs QQQ Performance
Sprott Lithium Miners ETF (LITP) is a ETF from Sprott ETFS and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LITP returned +60.96% while QQQ returned +26.23%. Year to date, LITP is down 10.29% versus a gain of 16.23% for QQQ.
Over three years, LITP compounded at -3.71% per year against +25.75% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.02% annualized vs -9.75%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LITP has been the more volatile fund, with annualized monthly volatility of 44.4% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -73.2% for LITP and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LITP charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, LITP currently yields 8.94% against 0.44% for QQQ.
Holdings Overlap
LITP and QQQ share 0 holdings out of 140 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LITP or QQQ?
LITP has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, LITP or QQQ?
Over the past year LITP returned +60.96% vs +26.23% for QQQ, so LITP leads on 1-year performance. Over the longest common window we track (4 years), LITP annualized -9.75% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, LITP or QQQ?
LITP has been the more volatile fund at 44.4% annualized versus 30.6% for QQQ. Worst drawdown: LITP -73.2% vs QQQ -83.0%.
Should I hold both LITP and QQQ?
LITP and QQQ have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LITP and QQQ?
LITP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 140 unique securities.
Which pays a higher dividend, LITP or QQQ?
LITP yields 8.94% while QQQ yields 0.44%, so LITP currently pays the higher dividend yield.
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