Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the Global X Lithium ETF
With that in mind, let's take a closer look at Global X Lithium and see what CAPS investors are saying about the ETF right now.
Global X Lithium facts
Inception |
July 2010 |
Total Assets |
$104.3 million |
Investment Approach |
Seeks to provide investment results that correspond to the Solactive Global Lithium Index, which tracks companies active in the exploration and/or mining of lithium or the production of lithium batteries. |
Expense Ratio |
0.75% |
Dividend Yield |
1.8% |
Year-to-Date / 1-Year Return |
(33.4%) / (22.8%) |
Top 10 Holdings With High CAPS Rating (4 or 5 stars) and Portfolio Weight |
Sociedad Quimica y Minera
FMC
Rockwood Holdings |
Sources: Morningstar and Motley Fool CAPS.
On CAPS, all of the 106 members who have rated Global X Lithium believe the ETF will outperform the S&P 500 going forward. These bulls include cablet and ILLUMI.
Less than a year ago, cablet succinctly summed up the bull case: "Lithium may possibly become the new oil for the 21st century as more devices (and soon autos) rely on longer lasting batteries. This ETF is a great way to get in now to Lithium while keeping lower risk than owning one or two of the underlying stocks."
Global X Lithium even sports an annual turnover ratio of just 6%. That's lower than other specialty commodity ETFs like Market Vectors Agribusiness
CAPS member ILLUMI elaborates on the bull case:
Used for energy storage for smart grid (read: small-scale renewable/green energy), electric cars, phones/portable devices, medical, etc. Everything will be expected to last many hrs. without main power in the next few decades, and Li-Ion batteries are the way to store that energy, barring a major breakthrough in a different technology.
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