LITP vs QQQ
Sprott Lithium Miners ETF vs Invesco QQQ Trust, Series 1
Which is better, LITP or QQQ?
Precious Metals against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 69.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LITP | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $34M | $498.6B |
| Dividend Yield | 7.47% | 0.42% |
| Holdings | 41 | 321 |
| YTD Return | -29.07% | +22.67%Best |
| 1Y Return | +3.12% | +24.33%Best |
| 3Y Return (annualized) | -6.64% | +29.05%Best |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 45.7% | 17.1%Best |
| Max Drawdown | -73.2% | -22.8%Best |
| $10,000 over 3.7 years | $5,464 | $24,784Best |
| Top 10 Weight | 69.5% | 47.2%Best |
| Fund Family | Sprott ETFS | Invesco (US) |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Growth |
| Inception | Feb 1, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 2, 2023 to Oct 2, 2026 (3.7 years).
LITP vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.7 years both funds cover.
LITP vs QQQ Performance
Sprott Lithium Miners ETF (LITP) is an ETF from Sprott ETFS and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LITP returned +3.12% while QQQ returned +24.33%. Year to date, LITP is down 29.07% versus a gain of 22.67% for QQQ.
Over three years, LITP compounded at -6.64% per year against +29.05% for QQQ. Across the full 4-year window we track, QQQ has the edge at +27.80% annualized vs -15.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LITP has been the more volatile fund, with annualized monthly volatility of 45.7% compared with 17.1% 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.31. They move together some of the time, and apart the rest.
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 7.47% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 40 holdings in LITP and 102 in QQQ, totalling 99.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 40 positions we hold weights for in LITP and 102 in QQQ, against full books of 41 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for LITP (97.8% of the fund), and 3 for LITP that do not appear in QQQ (10.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of LITP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $47 a year on a $10,000 investment.
Which performed better, LITP or QQQ?
Over the past year LITP returned +3.12% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), LITP annualized -15.07% vs +27.80% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LITP or QQQ?
LITP has been the more volatile fund at 45.7% annualized versus 17.1% for QQQ. Worst drawdown: LITP -73.2% vs QQQ -22.8%.
Should I hold both LITP and QQQ?
LITP and QQQ have a monthly-return correlation of 0.31, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, LITP or QQQ?
LITP yields 7.47% while QQQ yields 0.42%, so LITP currently pays the higher dividend yield.
Is QQQ better than LITP?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 69.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.