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Global X Lithium & Battery Tech ETF
LIT (Global X Lithium & Battery Tech ETF) is an active US Technology Equity ETF by Global X. With a 0.75% MER, it provides diversified exposure through 9 holdings. Semi-annual distribution with a 0.43% yield.
LIT is actively managed by Global X's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.75% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.