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ILIT vs SETM

iShares Lithium Miners and Producers ETF

ILITBNasdaq

Sprott Critical Materials ETF

SETMCNasdaq

Overlap

Expense ratio

ILIT −0.18pt a year

ILIT0.47%SETM0.65%

Avg volume · 30D

SETM 13.0×the volume

ILIT12.1KSETM157K

3Y return · a year

SETM +28.0pt

ILIT−10.9%SETM+17.1%

ILIT vs SETM Performance

Oct 31, 2025 – Oct 30, 2026

−26.3%ILIT−8.3%SETM

Oct 31, 2025 to Oct 30, 2026. ILIT −26.3%. SETM −8.3%. Use the arrow keys to read each point.20%40%60%80%Oct 2025Apr 2026Oct 2026
Expense ratio
ILIT 0.47%, better
SETM 0.65%
Fund size
ILIT $10M
SETM $418M
1Y total return
ILIT −26.3%
SETM −8.3%, better
Yield (12M)
ILIT 3.22%, better
SETM 1.85%
Holdings
ILIT 54
SETM 157
Avg volume (30D)
ILIT 12.1K sh
SETM 157K sh, better
NAV per share
ILIT $10.05
SETM $24.58
52W range

ETF.net Grade

ILIT: Cost 97, Risk 27, Mission not scored, Tradability 40, Holdings 69, Durability 43. SETM: Cost 38, Risk 51, Mission not scored, Tradability 81, Holdings 80, Durability 64.
Pillar letters and Scores for ILIT, SETM, with each pillar’s weight
PillarILITSETM
Cost30% weightA97HigherD38
Mission25% weightNot scoredNot scored
Risk15% weightD27C51Higher
Tradability15% weightC40A81Higher
Holdings10% weightB69A80Higher
Durability5% weightC43B64Higher

Rank among Critical Materials funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ILIT and SETM are both graded against the same 12 Critical Materials funds, so their Grades compare head to head.

Critical Materials⁠

Category · 12 funds
See all 12 ›

ILIT ranks 2nd and SETM 4th of 12 funds in the Critical Materials Category.

  1. Rank 1AREMXVanEck Rare Earth and Strategic Metals ETFScore 75
  2. Rank 2BILITiShares Lithium Miners and Producers ETFScore 64
  3. Rank 3BEARTGlobal X Rare Earth & Critical Materials ETFScore 59
  4. Rank 4CSETMSprott Critical Materials ETFScore 56
  5. Rank 5CFMTLFirst Trust Indxx Critical Metals ETFScore 53

Our read on each fund

ETF.net Research

ILITBiShares Lithium Miners and Producers ETF

SETMCSprott Critical Materials ETF

In short

ILIT Most lithium funds blend miners with EV makers and battery tech. ILIT stays at the source: an index of global companies whose main business is digging lithium ore or making lithium compounds, about 40 names, for 0.47% a year.

SETM Most funds in this corner pick a lane: lithium, or rare earths. SETM tracks an index built to span the wider critical-materials complex, roughly 160 miners and processors in a single basket.

Stated mandate

ILIT ILIT aims to replicate an index of U.S. and non-U.S. equity issuers whose principal activities are lithium-ore mining or lithium-compound manufacturing.

SETM SETM seeks to track, before fees and expenses, the total-return performance of the Nasdaq Sprott Critical Materials Index.

Why people hold it

  • ILIT Straight to the rock. The index holds only firms whose principal business is lithium-ore mining or lithium-compound manufacturing, so EV assemblers and electronics names stay out.ishares.com
  • 0.47% a year undercuts most of the critical-materials shelf, including SETM (0.65%) and EART (0.59%).
  • Rules-based and transparent: it replicates the STOXX Global Lithium Miners and Producers Index (STXLIMEV) rather than a manager's stock picks.
  • Global by design. The mandate spans US, developed international and emerging market issuers instead of stopping at the US border.
  • SETM Peers narrow to one metal (ILIT for lithium, REMX and EART for rare earths). SETM holds roughly 160 miners and processors across the theme, in one rules-based index.
  • The 0.65% fee lands right at the middle of the critical-materials pack. Breadth here does not carry a premium price tag.
  • Real size for a niche theme, with regular daily volume behind it. That tends to mean easier fills than the thinnest shelves in mining ETFs.
  • Fully index-driven: the fund aims to match the Nasdaq Sprott Critical Materials Index before fees, so the holdings follow a published rulebook rather than a manager's call.

Worth knowing

  • ILIT Small asset base and light trading volume, so bid-ask spreads can run wider than on the big diversified mining funds.
  • One metal, roughly 40 stocks. Lithium-linked shares have been a volatile ride, and a portfolio this concentrated feels every move in the metal.
  • Launched in 2023, so the track record is short, and cash distributions land only once or twice a year.
  • SETM Mining exposure comes cheaper elsewhere in the group: PICK runs 0.39%, REMX 0.53%. The extra basis points buy Sprott's particular definition of critical materials.
  • Miner shares move with commodity prices and government policy, so a single-theme equity basket can swing hard in both directions.
  • Income is not the job here. Distributions arrive annually or semiannually, not on a monthly rhythm.

Full ILIT profile⁠

Full SETM profile⁠

ILIT vs SETM Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ILIT vs SETM Cost

Overpaying SETM vs ILIT

$3,299

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ILIT 0.47%

    $9,418

  • SETM 0.65%

    $12,717

$10,000
30 years

Cost over time

  • ILIT 0.47%
  • SETM 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SETM $12,717ILIT $9,418

Year by year

YearILITSETMOverpaying
10$847$1,163$316
20$3,261$4,440$1,179
30$9,418$12,717$3,299

Expense ratio

  • 0.47%ILIT, cheaper
  • 0.65%SETM
  • Middle half of Critical Materials funds
  • Median 0.64%

ILIT cheapest of 12 funds

SETM 7th cheapest of 12 funds

ILIT vs SETM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ILIT 3.22%, better
SETM 1.85%
Payout (12M)
ILIT $0.32
SETM $0.45
Last payment
ILIT $0.02
SETM $0.45
Ex-dividend
ILIT Jun 15, 2026
SETM Dec 18, 2025
Paid on
ILIT Jun 18, 2026
SETM Dec 22, 2025
Frequency
ILIT Twice a year
SETM Annual

Distribution history

Per share, 2023 to 2026, same scale for both

ILITTwice a year · 6 paymentsAll ILIT payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.12; Jun 11, 2024 $0.08; Dec 17, 2024 $0.50; Jun 16, 2025 $0.06; Dec 16, 2025 $0.30; Jun 15, 2026 $0.02. Use the arrow keys to read each point.$0$0.5020232026YTD
SETMAnnual · 3 paymentsAll SETM payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 14, 2023 $0.44; Dec 12, 2024 $0.31; Dec 18, 2025 $0.45. Use the arrow keys to read each point.$0$0.5020232026YTD

ILIT vs SETM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ILIT 46.6%SETM 36.4%, better
Return per unit of riskSharpe ratio, 3 years
ILIT −0.11SETM 0.49, better
Worst fallMax drawdown, 5 years
ILIT −73.7%since Jun 2023SETM −42.8%since Feb 2023
Market sensitivityBeta, 5 years
ILIT 1.58SETM 1.33

ILIT and SETM in the news

All news⁠

Popular comparisons

  • ILITBvsREMXA

    iShares Lithium Miners and Producers ETF · VanEck Rare Earth and Strategic Metals ETF

    Expense ratio
    0.47% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SETMCvsREMXA

    Sprott Critical Materials ETF · VanEck Rare Earth and Strategic Metals ETF

    Expense ratio
    0.65% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ILITBvsEARTB

    iShares Lithium Miners and Producers ETF · Global X Rare Earth & Critical Materials ETF

    Expense ratio
    0.47% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SETMCvsEARTB

    Sprott Critical Materials ETF · Global X Rare Earth & Critical Materials ETF

    Expense ratio
    0.65% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ILITBvsFMTLC

    iShares Lithium Miners and Producers ETF · First Trust Indxx Critical Metals ETF

    Expense ratio
    0.47% · 0.65%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SETMCvsFMTLC

    Sprott Critical Materials ETF · First Trust Indxx Critical Metals ETF

    Expense ratio
    0.65% · 0.65%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.