Do ION and LIT hold the same stocks?

By their latest filings, 17% 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, ION or LIT?

ION has 3% of its weight in S&P 500 names and LIT has 9%, so ION differs more from the index.

Which is cheaper, ION or LIT?

ION charges 0.58% a year and LIT charges 0.75%, so ION is cheaper. Fees come from each fund's prospectus.

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ION vs LIT: which is really different?

ION and LIT hold 17% of their weight in the same names, and LIT returned +21.2% over the year. ProShares S&P Global Core Battery Metals ETF and Global X Lithium & Battery Tech ETF.

2.6%

ION in the S&P 500

8.6%

LIT in the S&P 500

+18.9%

ION total return, 1 year

+21.2%

LIT total return, 1 year

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

LIT · 1 year to Sep 30, 202691% of its weight is outside the S&P 500

9% of LIT's weight is in S&P 500 companies and 91% is outside the index

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

ION 92

LIT 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, ION and LIT hold 17% 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 30, 2026.

50%

half

17% in common

Positions both hold, largest shared weight first

Holding ION LIT

QUIMICA Y MINERA CHIL-SP ADR 2.88% 3.09%

PLS GROUP LTD 2.90% 2.64%

ALBEMARLE CORP 2.62% 4.17%

MINERAL RESOURCES LTD 2.51% 2.07%

TIANQI LITHIUM CORP-A 2.35% 1.94%

SINOMINE RESOURCE GROUP CO-A 1.25% 1.25%

IGO LTD 3.74% 1.02%

RIO TINTO PLC 0.93% 22.75%

CONTEMPORARY AMPEREX TECHN-A 0.65% 3.14%

LIONTOWN LTD 2.39% 0.44%

AMG CRITICAL MATERIALS N.V. 1.92% 0.38%

ELEVRA LITHIUM LTD 2.27% 0.20%

Only in ION

PACIFIC METALS CO LTD 5.04%

PT TIMAH (PERSERO) TBK 3.55%

VALE INDONESIA TBK 3.39%

TIBET MINERAL DEVELOPMENT-A 2.93%

AFRICAN RAINBOW MINERALS LTD 2.88%

ANTAM PERSERO TBK PT 2.71%

ZANGGE MINING CO LTD-A 2.70%

QINGHAI SALT LAKE INDUSTRY-A 2.50%

Only in LIT

PANASONIC HOLDINGS CORPORATION 7.32%

NAURA TECHNOLOGY GROUP CO-A 6.37%

TDK CORP 5.73%

SAMSUNG SDI CO LTD 5.65%

TESLA INC 4.39%

LG ENERGY SOLUTION 4.17%

EVE ENERGY CO LTD-A 3.33%

BYD CO LTD-H 3.21%

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

17% 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	ION	LIT	ION	LIT	ION	LIT
3 months	−10.4%	−12.3%	−12.9 pts	−14.8 pts	−12.5 pts	−14.4 pts
6 months	−19.6%	−7.7%	−36.6 pts	−24.7 pts	−46.5 pts	−34.6 pts
1 year	+18.9%	+21.2%	+3.1 pts	+5.5 pts	−4.9 pts	−2.6 pts
3 years	+48.5%	+27.4%	−36.5 pts	−57.6 pts	−61.5 pts	−82.6 pts
Since launch ION Dec 2022 · LIT Jul 2010	+16.1%	+159.4%	−81.1 pts	−661.0 pts	−141.7 pts	−1587.0 pts

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

On the same fields

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

LIT

Global X Lithium & Battery Tech ETF · Holds 48 stocks in lithium and battery metals, 9% of its weight in S&P 500 companies

Issuer ProShares Global X

Theme Lithium and battery metals Lithium and battery metals

In the S&P 500 2.6% 8.6%

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

In the Nasdaq-100 0.0% 4.4%

Holdings 53 48

Top ten, share of the fund 33.4% 67.1%

Expense ratio 0.58% 0.75%

Fee for the differing part 0.58% 0.76%

Total return, 1 year +18.9% +21.2%

vs the S&P 500 +3.1 pts +5.5 pts

vs the Nasdaq-100 −4.9 pts −2.6 pts

Below its high −32.9% −26.0%

Net assets $12m $1.4bn

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

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.

LIT in plain words

By weight, 9% of LIT'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 67% of the fund across 48 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +21.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 5.5 pts. It sits 26.0% below its all-time high of Nov 8, 2021.

Questions people ask

Do ION and LIT hold the same stocks?: By their latest filings, 17% 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, ION or LIT?: ION has 3% of its weight in S&P 500 names and LIT has 9%, so ION differs more from the index.
Which is cheaper, ION or LIT?: ION charges 0.58% a year and LIT charges 0.75%, so ION is cheaper. Fees come from each fund's prospectus.

Other comparisons

ION vs LIMI ION vs WATS ION vs BATT ION vs CABZ LIT vs LITP LIT vs WATS LIT vs BATT LIT vs CABZ

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

Where these figures came from

ION filings on SEC EDGAR ↗ION prospectus with the expense ratio (SEC) ↗ProShares page for ION ↗LIT filings on SEC EDGAR ↗LIT prospectus with the expense ratio (SEC) ↗Global X page for LIT ↗

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

Open data

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