At a glance
LITP charges 0.65% a year, above the 0.61% average of the 4 funds most like it (the 3rd cheapest of 5). It has $45.5M in assets, the 4th largest of that group; it paid 11.61% of its price in distributions over the past 12 months, annual. Over the past year it returned −17.4% with distributions reinvested (S&P 500: +11.5%), 4th of those 5 funds; over three years it returned −10.0% a year. Its ten largest positions make up 71.1% of the fund, out of 39 in all.
The short version
Sprott Lithium Miners ETF (LITP) is an index fund that tracks the Nasdaq Sprott Lithium Miners Index, a basket of 30 to 50 companies that mostly earn at least half their revenue or assets from lithium. It is a narrow, non-diversified bet on one metal, with about 71% of assets in its 10 largest holdings as of June 30, 2026. Its 0.65% yearly fee is higher than the 0.47% charged by iShares Lithium Miners and Producers ETF (ILIT).
Price history
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LITP -17.4% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| LITP official prospectus, to Dec 31, 2025 | — | +93.55% | — | — | — | -11.30% |
| S&P 500 Total Return Index index, same period | — | +17.88% | — | — | — | +20.78% |
| Nasdaq Sprott Lithium Miners Index (reflects no deduction for fees, expenses or taxes) index, same period | — | +91.61% | — | — | — | -11.88% |
| LITP price data to Oct 27, 2026 | -36.4% | -17.4% | -10.0% | — | — | -19.6% |
- Over the year to Oct 27, 2026, LITP returned -17.4%, 4th of 5 among similar funds.
- Its worst full calendar year was 2024 (-43.8%); its best was 2025 (+94.4%).
- The deepest fall in its price history was 74.8% (Feb 2, 2023 to Apr 8, 2025), recovered by Apr 30, 2026.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | -36.4% | — |
| 2025 | +94.4% | +93.35% |
| 2024 | -43.8% | -43.21% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.8900 | +102.3% |
| 2024 | $0.4400 |
What's inside
As of Jun 30, 2026, the fund held 39 securities; the ten largest made up 71.13% of assets.
| Holding | Weight | |
|---|---|---|
| Sociedad Quimica Y Minera De Chile Sa | 10.89% | |
| Ganfeng Lithium Group Co Ltd | 9.87% | |
| Albemarle Corp | 9.66% | |
| Pls Group Ltd | 9.43% | |
| Liontown Ltd | 8.46% | |
| Lithium Argentina Ag | 4.89% | |
| Igo Ltd | 4.55% | |
| Lithium Americas Corp | 4.54% | |
| Tianqi Lithium Corp | 4.43% | |
| Elevra Lithium Ltd | 4.41% | |
| Vulcan Energy Resources Ltd | 3.55% | |
| Sigma Lithium Corp | 3.32% | |
| Pmet Resources Inc | 3.15% | |
| Standard Lithium Ltd | 2.61% | |
| Core Lithium Ltd | 2.09% |
By country
Australia 40.2%Canada 18.92%China 14.3%Chile 10.89%United States 10%By asset type
Stocks 99.94%What changed recently
- Over the three months to Jun 30, 2026, investors withdrew a net $2.4M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +28.34%, -3.91%, -23.17%.
How it works
Sprott runs the fund with sub-adviser ALPS Advisors. They follow a passive approach and generally hold every stock in the Nasdaq Sprott Lithium Miners Index in the same proportions. The index looks for exchange-listed companies that mine, explore for, develop or produce lithium. It finds them through a proprietary process that can include industry publications, analyst research and meetings with management. To join, a company needs a free-float market value (the value of shares readily available to trade) of at least $40 million and enough daily trading volume.
Larger companies get bigger weights, but caps apply. At each review, each of the five largest companies can make up at most 9.75% of the index, or 48.75% combined. Every other company must stay between 0.30% and 4.75%. Companies with only 25% to 50% of their business in lithium get a weight scaled down by that share, and together they are capped at 15%. The index is reset in June and December.
The fund is non-diversified, so it can put more into a single company than a diversified fund can. It may put up to 20% of assets in investments outside the index that help it track the index. Holdings span several countries, including emerging markets, so changes in currency rates also affect returns. As of June 30, 2026, Australian companies made up 40.2% of assets.
What it really costs
- LITP charges 0.65% a year, versus an average of 0.61% for the similar funds below (3rd of 5, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $66 in the first year and $810 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| LITP | $66 | $208 | $362 | $810 |
In a retirement portfolio
LITP is a concentrated bet on a single commodity, with very large swings, so it fits only as a small add-on to a broader portfolio.
LITP launched in February 2023, so it has no record through the 2008, 2020 or 2022 downturns. It lost 43.2% in 2024 and gained 93.4% in 2025. From its February 2023 peak it fell 74.8% by April 8, 2025. It took 12.7 months to recover, regaining that high on April 30, 2026. It was then down 36.4% for the year through October 27, 2026. Anyone drawing cash from a fund like this during a slump could lock in deep losses. LITP pays out once a year. The trailing yield was 11.61% as of October 27, 2026, but annual payouts from mining stocks can vary widely. Under the SEC's standard example, costs come to about $810 over 10 years on $10,000. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting focused exposure to lithium miners through the Nasdaq Sprott Lithium Miners Index, led by Sociedad Quimica y Minera de Chile, Ganfeng and Albemarle.
- Investors keeping it as a small add-on to a broad portfolio who can tolerate years like 2024 (down 43.21%) and 2025 (up 93.35%).
- Investors wanting lithium miners across Australia (40.2% of assets as of June 30, 2026), Canada, China and Chile without picking individual mining stocks.
Look elsewhere if
- Retirees needing steady income: the 11.61% yield over the past year, as of October 27, 2026, is paid annually and may not repeat.
- Cost-focused investors: the 0.65% annual fee (expense ratio) is above the 0.61% peer average; iShares Lithium Miners and Producers ETF (ILIT) charges 0.47%.
- Retirees who may need to sell in a slump: it fell 74.8% from February 2023 to April 2025, recovering only by April 2026.
Close alternatives
Matched by closest holdings overlap from the latest N-PORT reports (no similar fund shares 20% or more of its holdings).
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| LITP this fund | — | 0.65% | $45.5M | -17.4% | -10.0% |
| ILIT iShares Lithium Miners and Producers ETF | 41% | 0.47% | $18.4M | -15.7% | -9.0% |
| REMX VanEck Rare Earth and Strategic Metals ETF | 34% | 0.56% | $2.69B | -20.8% | -1.0% |
| SETM Sprott Critical Materials ETF | 19% | 0.65% | $574.9M | +2.4% | +19.4% |
| LIT Global X Lithium & Battery Tech ETF | 14% | 0.75% | $1.51B | +6.2% | +10.0% |
Questions investors ask
Is LITP good for retirement?
LITP is built as a small, high-risk position, not a core retirement holding. It owns 39 lithium-related stocks, with about 71% in the top 10 as of June 30, 2026. It lost 43.2% in 2024, gained 93.4% in 2025 and was down 36.4% for 2026 through October 27. Swings that big can hurt anyone who needs to withdraw money at a bad moment. It may suit investors who keep it as a small slice of a diversified portfolio.
What's the difference between LITP and ILIT?
Both track lithium mining stocks, but ILIT is cheaper. iShares Lithium Miners and Producers ETF charges 0.47% a year versus 0.65% for LITP, and the two share about 41% of their holdings. As of October 27, 2026, ILIT returned -15.7% over one year and -9% a year over three years. LITP returned -17.4% and -10% over the same periods. LITP was larger, with $45.5 million in net assets against ILIT's $18.4 million as of June 30, 2026.
Does LITP pay dividends?
Yes, but only once a year. Over the 12 months to October 27, 2026, LITP paid $0.89 per share, a trailing yield of 11.61%. That figure deserves caution. A single yearly payout from a fund of mining stocks can rise or fall sharply from one year to the next. The fund's main purpose is tracking lithium miners, not producing steady income.
What are LITP's top holdings?
As of June 30, 2026, LITP's five largest holdings were Sociedad Química y Minera de Chile (10.9%), Ganfeng Lithium (9.9%), Albemarle (9.7%), PLS Group (9.4%) and Liontown (8.5%). The fund held 39 companies, and the top 10 made up about 71% of assets. By country, Australia led with 40.2%, followed by Canada at 18.9%, China at 14.3%, Chile at 10.9% and the United States at 10%.
How volatile is LITP?
Very volatile. Its annualized volatility over one year was 53.1% as of October 27, 2026. Its beta was 1.8, meaning it tended to move nearly twice as much as the broad market. Its best quarter was a 55.6% gain in the third quarter of 2025. Its worst was a 21.9% loss in the first quarter of 2024. Its deepest drop, from February 2023 to April 2025, was 74.8%.