Name: Global X Lithium and Battery Tech UCITS ETF USDAcc
Trades as LITU for USD and LITG for GBP
The Global X Lithium & Battery Tech UCITS ETF (LITU) invests in the full lithium cycle, from mining and refining the metal, through battery production.
The Global X Lithium & Battery Tech UCITS ETF (LITU) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium v2 Index.
High Growth Potential
Lithium battery technology is essential to the rise of electric vehicles (EVs), renewable energy storage, and mobile devices.
EVs produce zero direct emissions, meaning broader adoption could result in reduced greenhouse gas emissions and improved urban air quality (US Office of Energy Efficiency & Renewable Energy, “Reducing Pollution with Electric Vehicles”).
The ETF invests in companies throughout the lithium cycle, including mining, refinement and battery production, cutting across traditional sector and geographic definitions.