LITP vs SPY
Sprott Lithium Miners ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, LITP or SPY?
Precious Metals against Large Cap Blend.
SPY has a lower expense ratio. LITP led over 1Y, SPY over 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 71.0%.
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 | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $43M | $814.4B |
| Dividend Yield | 8.94% | 1.01% |
| Holdings | 39 | 505 |
| YTD Return | -9.34% | +13.34%Best |
| 1Y Return | +58.71%Best | +19.97% |
| 3Y Return (annualized) | -4.05% | +21.20%Best |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 44.6% | 12.3%Best |
| Max Drawdown | -73.2% | -18.8%Best |
| $10,000 over 3.6 years | $7,015 | $19,376Best |
| Top 10 Weight | 71.0% | 38.0%Best |
| Fund Family | Sprott ETFS | State Street Investment Management |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Blend |
| Inception | Feb 1, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Feb 2, 2023 to Sep 4, 2026 (3.6 years).
LITP vs SPY 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 3.6 years both funds cover.
LITP vs SPY Performance
Sprott Lithium Miners ETF (LITP) is an ETF from Sprott ETFS and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year LITP returned +58.71% while SPY returned +19.97%. Year to date, LITP is down 9.34% versus a gain of 13.34% for SPY.
Over three years, LITP compounded at -4.05% per year against +21.20% for SPY. Across the full 4-year window we track, SPY has the edge at +20.17% annualized vs -9.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LITP has been the more volatile fund, with annualized monthly volatility of 44.6% compared with 12.3% for SPY. 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 -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LITP charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, LITP currently yields 8.94% against 1.01% for SPY.
Holdings Overlap
9.6% of LITP's money is in holdings SPY also owns.
LITP and SPY share little of their money.
1 positions in common, counted across the 38 positions we hold weights for in LITP and 504 in SPY, against full books of 39 and 505.
What only one of them owns
Our book lists 495 positions for SPY that do not appear in our book for LITP (99.4% of the fund), and 1 for LITP that do not appear in SPY (0.3%).
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.
Top Shared Holdings
| Stock | Weight in LITP | Weight in SPY | Difference |
|---|---|---|---|
| ALBAlbemarle Corp. | 9.64% | 0.02% | 9.62% |
You are not choosing between two funds in isolation.
Whichever of LITP and SPY 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 SPY?
LITP has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, LITP or SPY?
Over the past year LITP returned +58.71% vs +19.97% for SPY, so LITP leads on 1-year performance. Over the longest common window we track (4 years), LITP annualized -9.38% vs +20.17% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LITP or SPY?
LITP has been the more volatile fund at 44.6% annualized versus 12.3% for SPY. Worst drawdown: LITP -73.2% vs SPY -18.8%.
Should I hold both LITP and SPY?
LITP and SPY have a monthly-return correlation of 0.38, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between LITP and SPY?
9.6% of LITP's money is in holdings SPY also owns. 0.0% of SPY's is in holdings LITP also owns. They hold 1 positions in common, counted across the 38 positions we hold weights for in LITP and 504 in SPY.
Which pays a higher dividend, LITP or SPY?
LITP yields 8.94% while SPY yields 1.01%, so LITP currently pays the higher dividend yield.
Is SPY better than LITP?
SPY has a lower expense ratio. LITP led over 1Y, SPY over 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 71.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.