Global X Lithium & Battery Tech ETF

LIT

Market cap $1.92B

LIT hits a 52-week high as EV and battery demand surge. Strong inflows, electrification trends and oil risks may keep the momentum going in the near term.

Markets have been uneven to start 2026. Major indexes have struggled to make sustained progress, former technology leaders have traded lower, stress in areas such as private credit has added to the noise and a hot conflict in the middle east compounds the uncertainty.

Iran war reshaped Q1 markets: energy, shipping & lithium ETFs surged while tech and airlines lagged as inflation fears and oil shocks rattled sentiment.

LIT, PDBC and SCHD shares rally as lithium, commodity and dividend ETFs gain amid geopolitical uncertainty.

All three of these ETFs are up more than 50% over the past year, yet they tell very different stories about how to invest in the green transition.

After sharp sell-offs that began on Jan. 29, the prices of gold and silver have rebounded. Most recently, the impetus for those precious metals' bullish price action has been the war between Iran and an allied United States and Israel, which began on Saturday, Feb. 28.

I downgrade the Global X Lithium & Battery Tech ETF from buy to hold after a substantial rally from April 2025 lows. LIT remains volatile but is supported by a bullish longer-term pattern and a forecasted lithium supply deficit. LIT's top holding is now Rio Tinto at 22.05%, reflecting strategic exposure to Chilean lithium projects.

As of Friday, February 13, the Amplify Lithium & Battery Technology ETF (BATT) has jumped 14.5% year-to-date, according to YCharts. It holds a slight edge over the Global X Lithium & Battery Tech ETF (LIT), which is up 10.94% in the same period.

Want lithium demand exposure? This options trade on the LIT ETF puts the element's growth prospects in reach.

A fresh push from Washington to secure access to critical minerals could bring fresh investor interest across the U.S. ETF market.