Bringing you live news and features since 2006 

Global X Funds launches lithium ETF


Global X Funds, the New York-based provider of exchange-traded funds, has launched the first lithium ETF. 

This is the first ETF to offer investors targeted access to a resource industry critical for the renewable energy and green movement.

"The Global X Lithium ETF is an efficient way to invest in what we refer to as a ‘green’ commodity because of its direct correlation to the renewable energy market such as electric cars and energy storage," says Bruno del Ama, chief executive of Global X Funds.

The ETF tracks the Solactive Global Lithium Index, which is designed to reflect performance of the largest and most liquid lithium battery producing and mining and refining companies in the world. 

As of 13 July 2010, the three largest components of the ETF are lithium producers SQM from Chile and FMC and Rockwood Holdings from the US.

The basket of lithium-related equities will give investors access to the complete lithium value chain, from mining and refining through lithium battery production. As of 13 July, 51 per cent of the index includes lithium battery manufacturers, while 49 per cent of the index consists of lithium mining and refining companies.

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by