Lithium & Battery vs the S&P 500 (LIT): is it outperforming?
Over the past month, LIT has underperformed the S&P 500 by 15.7 points. Here is where that puts it in the sector rotation — updated daily.
Where LIT sits on the rotation map
Lithium & Battery highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.
LIT vs SPY: head-to-head returns
LIT (lithium & battery) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means LIT won that window.
Data as of 2026-07-22 · computed from daily adjusted closes · how we measure
The read
Lithium & Battery (LIT) is out of favor: it trails the S&P 500 on both rotation windows — 15.7 points behind over the past month and 8.4 points behind over the longer, time-shifted window. That is the lagging quadrant. Ranked by one-month spread, it currently stands #114 of the 115 groups Zensei tracks — among the market's weakest pockets right now.
On the shorter tape, LIT's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. LIT's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via Global X Lithium & Battery Tech ETF, whose 9 tracked holdings are led by RIO TINTO PLC ADR, ALBEMARLE CORP and TESLA INC. Weighted by portfolio, the fund's holdings trade at roughly 67.1× earnings and 5.8× sales. The thing to watch from here is the one-month spread: laggards only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
What's inside LIT
Top 5 of 9 tracked holdings, by portfolio weight.
Lithium & Battery vs the market — common questions
Is lithium & battery outperforming the S&P 500?
Right now, no: over the past month LIT has underperformed the S&P 500 by 15.7 points. This page updates daily, so the answer reflects current market data rather than a dated article.
What is LIT?
LIT is Global X Lithium & Battery Tech ETF, the fund Zensei uses to measure the lithium & battery group against the S&P 500 benchmark (SPY).
Which stocks are in LIT?
LIT's largest tracked positions are RIO TINTO PLC ADR, ALBEMARLE CORP, TESLA INC, SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR, ENERSYS — 9 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.
What quadrant is lithium & battery in right now?
As of the latest daily data, lithium & battery is in the lagging quadrant — trailing the S&P 500 on both windows. The quadrant rules are documented on the Zensei methodology page.
Related sectors
Track lithium & battery against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.