Albemarle Corp. vs Global X Lithium & Battery Tech ETF — how do they compare? Albemarle Corp. trades at $131.06 (market cap $15.27B), while Global X Lithium & Battery Tech ETF trades at $75.2. The key difference: Albemarle Corp. pays a 1.27% dividend while Global X Lithium & Battery Tech ETF pays none, and Global X Lithium & Battery Tech ETF is trading nearer its 52-week high, Albemarle Corp. nearer its low. Which is the better fit depends on your goals.
| ALB | LIT | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | Commodities - Metals/Agriculture |
52-Week High | $215.62 | $91.62 |
52-Week Low | $72.58 | $44.96 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →LIT invests in the full lithium cycle, from mining and refining to battery production and EV manufacturing. It tracks the Solactive Global Lithium Index, with top holdings including Rio Tinto, Albemarle, and Tesla, as well as major battery makers like Samsung SDI.
Read more on LIT →