If you wanted to invest in lithium, someone should warn you that individuals without special knowledge should not get involved with picking commodities. You'll be buying a lot of volatility with no increase in expected return.
These are the top three holdings in Global X Lithium & Battery Tech ETF (https://www.globalxfunds.com/funds/lit), together composing about 43% of that fund's holdings.
comicjk|8 years ago
totalZero|8 years ago
https://www.google.com/finance?q=NYSE:SQM
https://www.google.com/finance?q=NYSE:ALB
https://www.google.com/finance?q=NYSE:FMC
These are the top three holdings in Global X Lithium & Battery Tech ETF (https://www.globalxfunds.com/funds/lit), together composing about 43% of that fund's holdings.
joshuamcginnis|8 years ago
https://www.globalxfunds.com/funds/lit/
kogepathic|8 years ago
Their own comparison shows the index matching or beating the Lithium ETF in every metric.
* LIT since inception: 38.48%
* Index over same period: 45.82%
You also have zero diversification with a resource ETF. If you really want to buy into only Lithium then I won't try to talk you out of it.
But maybe consider Vanguard Growth ETF (VUG), the average return over 5 years is 14.4%, or nearly double that of LIT. [1]
[1] https://institutional.vanguard.com/iippdf/pdfs/FS967R.pdf
unknown|8 years ago
[deleted]
newguynewguy|8 years ago
GALXF (otc adr) if you're in US.
Last I checked, it's the only pure-play lithium miner that is producing and delivering.
NicoJuicy|8 years ago
Also, they are one of the better ones concerning revenue.
valuearb|8 years ago