Ishares Lithium Miners Etf Profile
| ILIT Etf | 11.11 0.27 2.37% |
Performance7 of 100
| Odds Of DistressLess than 10
|
IShares Lithium is selling for under 11.11 as of the 23rd of November 2024; that is 2.37 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 11.06. IShares Lithium has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for iShares Lithium Miners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
IShares Lithium is entity of United States. It is traded as Etf on NASDAQ exchange. More on iShares Lithium Miners
Moving together with IShares Etf
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Materials ETFs, Natural Resources (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2023-06-21 |
| Benchmark | STOXX Global Lithium Miners and Producers Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.12 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Jennifer Hsui, Greg Savage, Paul Whitehead |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NASDAQ |
| Number of Constituents | 39.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.47 |
| Management Fee | 0.47 |
| 200 Day M A | 11.847 |
| Country Name | USA |
| 50 Day M A | 11.1183 |
| Code | ILIT |
| Updated At | 22nd of November 2024 |
| Returns Y T D | (32.97) |
| Name | iShares Lithium Miners and Producers ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01H2QST25 |
| Type | ETF |
| 1y Volatility | 42.45 |
iShares Lithium Miners [ILIT] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Sector ETFs. iShares Lithium Miners currently have in assets under management (AUM). , while the total return for the last year was -28.7%.
Check IShares Lithium Probability Of Bankruptcy
Geographic Allocation (%)
iShares Lithium Miners Currency Exposure
iShares Lithium Miners holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Lithium will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Lithium Miners.
Top iShares Lithium Miners Etf Constituents
| ALTM | Arcadium Lithium plc | Stock | Materials | |
| PLL | Piedmont Lithium Ltd | Stock | Materials | |
| ALB | Albemarle Corp | Stock | Materials | |
| USD | ProShares Ultra Semiconductors | Etf | Trading--Leveraged Equity |
iShares Lithium Miners Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Lithium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0712 | |||
| Jensen Alpha | 0.1852 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0568 |
IShares Lithium Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Lithium Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of iShares Lithium Miners is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Lithium's value that differs from its market value or its book value, called intrinsic value, which is IShares Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Lithium's market value can be influenced by many factors that don't directly affect IShares Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.