Do ILIT and WATS hold the same stocks?

By their latest filings, 9% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

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

ILIT has 8% of its weight in S&P 500 names and WATS has 29%, so ILIT differs more from the index.

Which is cheaper, ILIT or WATS?

ILIT charges 0.47% a year and WATS charges 0.35%, so WATS is cheaper. Fees come from each fund's prospectus.

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ILIT vs WATS: which is really different?

ILIT and WATS hold 9% of their weight in the same names. iShares Lithium Miners and Producers ETF and Corgi Battery Energy Storage Systems ETF.

7.9%

ILIT in the S&P 500

28.9%

WATS in the S&P 500

+7.0%

ILIT total return, 1 year

−24.9%

WATS total return, since launch

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

WATS · 3 months to Sep 30, 202671% of its weight is outside the S&P 500

29% of WATS's weight is in S&P 500 companies and 71% 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

WATS 51.3

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 WATS hold 9% 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

9% in common

Positions both hold, largest shared weight first

Holding ILIT WATS

SOCIEDAD QUIMICA Y MINERA DE CHILE 8.15% 4.01%

ALBEMARLE CORP 7.88% 3.43%

AMERICAN BATTERY TECHNOLOGY COMPAN 1.49% 2.98%

Only in ILIT

LIONTOWN LTD 7.07%

PLS GROUP LTD 6.91%

LITHIUM AMERICAS 4.73%

COSMOAM&T LTD 3.93%

ELEVRA LITHIUM LTD 3.74%

LITHIUM ARGENTINA AG 3.69%

CORE LITHIUM LTD 3.59%

GANFENG LITHIUM GROUP LTD A 3.11%

Only in WATS

Tesla Inc 17.02%

Bloom Energy Corp 12.36%

Enphase Energy Inc 6.12%

EnerSys 5.76%

Energy Vault Holdings Inc 4.58%

AES Corp/The 4.33%

Generac Holdings Inc 4.09%

Sunrun Inc 3.50%

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

9% 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	WATS	ILIT	WATS	ILIT	WATS
3 months	−27.4%	−23.4%	−29.9 pts	−26.0 pts	−29.5 pts	−25.6 pts
6 months	−26.2%	not published	−43.2 pts	not published	−53.1 pts	not published
1 year	+7.0%	not published	−8.7 pts	not published	−16.7 pts	not published
3 years	−24.5%	not published	−109.5 pts	not published	−134.5 pts	not published
Since launch ILIT Jun 2023 · WATS May 2026	−42.3%	−24.9%	−125.5 pts	−29.3 pts	−150.1 pts	−31.4 pts

ILIT and WATS 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

WATS

Corgi Battery Energy Storage Systems ETF · Holds 24 stocks in electric vehicles and batteries, 29% of its weight in S&P 500 companies

Issuer iShares Corgi

Theme Lithium and battery metals Electric vehicles and batteries

In the S&P 500 7.9% 28.9%

Active share vs the S&P 500 100.0% 98.1%

In the Nasdaq-100 0.0% 17.0%

Holdings 62 24

Top ten, share of the fund 52.8% 65.2%

Expense ratio 0.47% 0.35%

Fee for the differing part 0.47% 0.36%

Total return, 1 year +7.0% −24.9% (since launch on May 6, 2026)

vs the S&P 500 −8.7 pts −29.3 pts

vs the Nasdaq-100 −16.7 pts −31.4 pts

Below its high −46.7% −38.3%

Net assets $13m $496,218

ILIT and WATS 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.

WATS in plain words

By weight, 29% of WATS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 65% of the fund across 24 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned −24.9% with distributions reinvested against +4.5% for the S&P 500, so a holder was behind by 29.3 pts. It sits 38.3% below its all-time high of Jun 2, 2026.

Questions people ask

Do ILIT and WATS hold the same stocks?: By their latest filings, 9% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ILIT or WATS?: ILIT has 8% of its weight in S&P 500 names and WATS has 29%, so ILIT differs more from the index.
Which is cheaper, ILIT or WATS?: ILIT charges 0.47% a year and WATS charges 0.35%, so WATS is cheaper. Fees come from each fund's prospectus.

Other comparisons

ILIT vs LITP ILIT vs BATT ILIT vs CABZ ILIT vs DRIV WATS vs DRIV WATS vs EVMT WATS vs BATT WATS vs CABZ

ILIT on its own →WATS 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 ↗WATS filings on SEC EDGAR ↗WATS prospectus with the expense ratio (SEC) ↗Corgi website ↗

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 WATS, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ilit-vs-wats

Open data

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