ILIT

iShares Lithium Miners and Producers ETF

$14.97
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The iShares Lithium Miners and Producers ETF (ILIT) seeks to track the investment results of an index composed of global companies involved in the lithium mining and production industry.

Overview

ETF tracking iShares Lithium Miners and Producers ETF

Category Other
Issuer BlackRock
Inception Date 2023-06-23
Market Cap $8.2M
Average Volume N/A
Dividend Yield 3.69%
52-Week Range $6.46 - $14.96
VWAP $14.82

Performance

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Investment Summary

📎 Investment Objective

The iShares Lithium Miners and Producers ETF (ILIT) seeks to track the investment results of an index composed of global companies involved in the lithium mining and production industry.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that derive a significant portion of their revenue from the lithium mining, exploration, and production business. The fund aims to provide exposure to the global lithium industry.

✨ Key Features

  • Provides exposure to companies engaged in the lithium mining and production industry globally
  • Diversified portfolio of lithium-related equities
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry
  • Volatility risk due to the cyclical nature of the lithium industry
  • Regulatory and geopolitical risks related to the mining and production of lithium
  • Lack of long-term performance history to evaluate the fund's track record

👤 Best For

This ETF may be suitable for investors seeking exposure to the global lithium industry as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility of this sector.