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by kogepathic
3091 days ago
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At 0.76% management fee and an average return over 5 years of 8.09%, you're better off just investing in an index ETF. Their own comparison shows the index matching or beating the Lithium ETF in every metric. * LIT since inception: 38.48% * Index over same period: 45.82% You also have zero diversification with a resource ETF. If you really want to buy into only Lithium then I won't try to talk you out of it. But maybe consider Vanguard Growth ETF (VUG), the average return over 5 years is 14.4%, or nearly double that of LIT. [1] [1] https://institutional.vanguard.com/iippdf/pdfs/FS967R.pdf |
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