LITP vs. SMN ETF Comparison
Comparison of Sprott Lithium Miners ETF (LITP) to ProShares UltraShort Basic Materials (SMN)
LITP
Sprott Lithium Miners ETF
LITP Description
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$8.46
Average Daily Volume
13,559
Number of Holdings
*
5
* may have additional holdings in another (foreign) market
SMN
ProShares UltraShort Basic Materials
SMN Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$13.73
Average Daily Volume
3,849
Number of Holdings
*
43
* may have additional holdings in another (foreign) market
Performance
Period | LITP | SMN |
---|---|---|
30 Days | -3.64% | 6.12% |
60 Days | 23.14% | 1.26% |
90 Days | 14.32% | -0.70% |
12 Months | -25.46% | -22.86% |
1 Overlapping Holdings
Symbol | Grade | Weight in LITP | Weight in SMN | Overlap | |
---|---|---|---|---|---|
ALB | B | 9.81% | 1.36% | 1.36% |
LITP Underweight 42 Positions Relative to SMN
Symbol | Grade | Weight | |
---|---|---|---|
LIN | C | -18.22% | |
APD | A | -8.28% | |
ECL | D | -7.77% | |
DD | C | -7.23% | |
DOW | F | -6.27% | |
NEM | D | -5.65% | |
PPG | F | -4.81% | |
LYB | F | -3.74% | |
CTVA | C | -3.36% | |
FCX | F | -2.96% | |
NUE | C | -2.59% | |
IFF | D | -2.28% | |
CE | F | -2.25% | |
FMC | D | -2.05% | |
EMN | C | -1.67% | |
CF | A | -1.59% | |
RPM | A | -1.53% | |
RS | B | -1.28% | |
MOS | F | -1.21% | |
RGLD | C | -1.17% | |
STLD | B | -1.13% | |
AXTA | B | -1.0% | |
HUN | F | -0.74% | |
ASH | F | -0.73% | |
SMG | C | -0.7% | |
VVV | D | -0.64% | |
NGVT | B | -0.55% | |
NEU | D | -0.55% | |
AA | A | -0.52% | |
OLN | F | -0.45% | |
CC | C | -0.45% | |
ESI | B | -0.44% | |
SXT | C | -0.44% | |
CMC | B | -0.41% | |
FUL | F | -0.4% | |
CBT | D | -0.4% | |
WLK | D | -0.39% | |
ATI | C | -0.37% | |
CRS | B | -0.35% | |
X | B | -0.28% | |
WOR | F | -0.24% | |
BTU | B | -0.1% |
LITP: Top Represented Industries & Keywords
SMN: Top Represented Industries & Keywords