Key Highlights

  • The fund holds 45 companies engaged in lithium Mining and production worldwide.
  • Albemarle and Sociedad Química y Minera de Chile are the largest positions.
  • Net asset value is $10.64, after a one-day gain of $0.18, or 1.72%.
  • The expense ratio is 0.47%, and distributions are paid semi-annually.

Lithium is a key input for electric vehicle batteries and energy storage, and the iShares Lithium Miners and Producers ETF (NASDAQ:ILIT) offers exposure to companies that mine and produce it. Figures in this article are current to November 9, 2026. The fund seeks to track an index of U.S. and global companies primarily engaged in lithium mining and production. Shares trade on Nasdaq and have been listed since June 2023.

Fund Fact

Detail

Exchange and ticker

NASDAQ: ILIT

Fund inception

June 21, 2023

Net assets

$10.6 million

Net asset value

$10.64

Daily NAV change

+$0.18 (+1.72%)

Expense ratio

0.47%

30-day SEC yield

0.79%

Distribution frequency

Semi-annual

Number of holdings

45

Leading Producers and Concentration

Albemarle accounts for about 9.2% of Market Value and Sociedad Química y Minera de Chile about 8.9%. PLS Group, Liontown Resources and Lithium Americas follow, with weights between about 4.6% and 6.5%.

The portfolio also includes Chinese lithium chemical producers such as Ganfeng Lithium and Guangzhou Tinci Materials, showing that the index covers both mining and Downstream processing.

Price Volatility and Trading

The net asset value rose $0.18 in the latest session, a gain of 1.72%. Average Daily Volume of about 10,600 shares and a 30-day median bid-ask spread of 0.38% describe trading that is active but more costly than in broad Equity funds.

The premium to NAV was -0.41 in recent figures, meaning shares traded below the value of holdings. The fund's Standard Deviation over three years is 45.3%, far higher than most equity funds, reflecting sharp swings in lithium prices.

Costs, Income and Commodity Risk

The expense ratio is 0.47%, consisting of a management fee of the same amount. Semi-annual distributions are paid, and the 30-day SEC Yield of 0.79% reflects a limited income profile.

Lithium prices can change substantially over short periods, and mining companies face project delays, permitting issues and Capital needs. The fund's equity Beta of 1.50 indicates higher sensitivity to market moves than the broader equity market.

Final Word

The iShares Lithium Miners and Producers ETF offers a concentrated view of companies tied to lithium supply, with a portfolio spanning mining, chemicals and processing. Its high volatility, wider trading spread and limited income define its character. Investors will weigh the battery metals theme against their tolerance for commodity-driven price swings.