Do ILIT and ION hold the same stocks?

By their latest filings, 20% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ILIT or ION?

ILIT has 8% of its weight in S&P 500 names and ION has 3%, so ILIT differs more from the index.

Which is cheaper, ILIT or ION?

ILIT charges 0.47% a year and ION charges 0.58%, so ILIT is cheaper. Fees come from each fund's prospectus.

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ILIT vs ION: which is really different?

ILIT and ION hold 20% of their weight in the same names, and ION returned +18.9% over the year. iShares Lithium Miners and Producers ETF and ProShares S&P Global Core Battery Metals ETF.

7.9%

ILIT in the S&P 500

2.6%

ION in the S&P 500

+7.0%

ILIT total return, 1 year

+18.9%

ION total return, 1 year

ILIT · 1 year to Sep 30, 202692% of its weight is outside the S&P 500

8% of ILIT's weight is in S&P 500 companies and 92% is outside the index

ION · 1 year to Sep 30, 202697% of its weight is outside the S&P 500

3% of ION's weight is in S&P 500 companies and 97% is outside the index

ETFIQ Off-Index Score · ILIT scores higherHow much of it is not the index it is sold as an alternative to?

ILIT 92

ION 92

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, ILIT and ION hold 20% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 29, 2026 and Sep 30, 2026.

50%

half

20% in common

Positions both hold, largest shared weight first

Holding ILIT ION

SIGMA LITHIUM 3.11% 3.19%

PLS GROUP LTD 6.91% 2.90%

SOCIEDAD QUIMICA Y MINERA DE CHILE 8.15% 2.88%

ALBEMARLE CORP 7.88% 2.62%

LIONTOWN LTD 7.07% 2.39%

ELEVRA LITHIUM LTD 3.74% 2.27%

Only in ILIT

LITHIUM AMERICAS 4.73%

COSMOAM&T LTD 3.93%

LITHIUM ARGENTINA AG 3.69%

CORE LITHIUM LTD 3.59%

GANFENG LITHIUM GROUP LTD A 3.11%

PMET RESOURCES INC 2.92%

CRITICAL METALS CORP 2.83%

GUANGZHOU TINCI MATERIALS TECHNOLO 2.82%

Only in ION

PACIFIC METALS CO LTD 5.04%

IGO LTD 3.74%

PT TIMAH (PERSERO) TBK 3.55%

VALE INDONESIA TBK 3.39%

ERAMET 2.93%

TIBET MINERAL DEVELOPMENT-A 2.93%

AFRICAN RAINBOW MINERALS LTD 2.88%

ANTAM PERSERO TBK PT 2.71%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

20% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	ILIT	ION	ILIT	ION	ILIT	ION
3 months	−27.4%	−10.4%	−29.9 pts	−12.9 pts	−29.5 pts	−12.5 pts
6 months	−26.2%	−19.6%	−43.2 pts	−36.6 pts	−53.1 pts	−46.5 pts
1 year	+7.0%	+18.9%	−8.7 pts	+3.1 pts	−16.7 pts	−4.9 pts
3 years	−24.5%	+48.5%	−109.5 pts	−36.5 pts	−134.5 pts	−61.5 pts
Since launch ILIT Jun 2023 · ION Dec 2022	−42.3%	+16.1%	−125.5 pts	−81.1 pts	−150.1 pts	−141.7 pts

ILIT and ION over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ILIT

iShares Lithium Miners and Producers ETF · Holds 62 stocks in lithium and battery metals, 8% of its weight in S&P 500 companies

ION

ProShares S&P Global Core Battery Metals ETF · Holds 53 stocks in lithium and battery metals, 3% of its weight in S&P 500 companies

Issuer iShares ProShares

Theme Lithium and battery metals Lithium and battery metals

In the S&P 500 7.9% 2.6%

Active share vs the S&P 500 100.0% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 62 53

Top ten, share of the fund 52.8% 33.4%

Expense ratio 0.47% 0.58%

Fee for the differing part 0.47% 0.58%

Total return, 1 year +7.0% +18.9%

vs the S&P 500 −8.7 pts +3.1 pts

vs the Nasdaq-100 −16.7 pts −4.9 pts

Below its high −46.7% −32.9%

Net assets $13m $12m

ILIT and ION on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ILIT in plain words

By weight, 8% of ILIT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 53% of the fund across 62 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned +7.0% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 8.7 pts. It sits 46.7% below its all-time high of Jul 13, 2023.

ION in plain words

By weight, 3% of ION's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 33% of the fund across 53 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +18.9% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 3.1 pts. It sits 32.9% below its all-time high of May 6, 2026.

Questions people ask

Do ILIT and ION hold the same stocks?: By their latest filings, 20% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ILIT or ION?: ILIT has 8% of its weight in S&P 500 names and ION has 3%, so ILIT differs more from the index.
Which is cheaper, ILIT or ION?: ILIT charges 0.47% a year and ION charges 0.58%, so ILIT is cheaper. Fees come from each fund's prospectus.

Other comparisons

ILIT vs BATT ILIT vs CABZ ILIT vs DRIV ILIT vs KARS ION vs BATT ION vs CABZ ION vs DRIV ION vs KARS

ILIT on its own →ION on its own →How every figure is computed →Standards and sources →

Where these figures came from

ILIT filings on SEC EDGAR ↗ILIT prospectus with the expense ratio (SEC) ↗iShares page for ILIT ↗ION filings on SEC EDGAR ↗ION prospectus with the expense ratio (SEC) ↗ProShares page for ION ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ILIT against ION, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ilit-vs-ion

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.