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Lagging#111 of 115 by 1M spread

Lithium & Battery vs the S&P 500 (LIT): is it outperforming?

Over the past month, LIT has underperformed the S&P 500 by 15.6 points. Here is where that puts it in the sector rotation — updated daily.

1M spread vs SPY
−15.6 pts
Quadrant
Lagging
Momentum
Weakening
RS health
Broken
Holdings P/E
68.5×

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.

Window
LIT
SPY
Spread
1 week−7.8%−0.3%−7.5 pts
2 weeks−7.1%+2.8%−9.8 pts
1 month−14.3%+1.2%−15.6 pts
3 months−11.8%+9.5%−21.3 pts
6 months+0.1%+8.5%−8.5 pts
1 year+76.1%+21.4%+54.6 pts

Data as of 2026-07-13 · 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 — 15.6 points behind over the past month and 5.2 points behind over the longer, time-shifted window. That is the lagging quadrant. Ranked by one-month spread, it currently stands #111 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 68.5× earnings and 6.2× 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.

Holding
Weight
1M
RIORIO TINTO PLC ADR
20.1%−14.7%
ALBALBEMARLE CORP
4.6%−26.2%
TSLATESLA INC
4.6%−2.9%
SQMSOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR
3.2%−14.5%
ENSENERSYS
2.2%−10.2%
4 more holdings — each measured against the sector, with momentum and relative strengthUnlock with Premium

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 15.6 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.