Key stats
About iShares Lithium Miners and Producers ETF
Home page
Inception date
Jun 23, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ILIT tracks an index comprised of lithium miners and compound manufacturers globally. The fund selects its stocks based on a two-tiered process. Tier 1 is divided into three, with Tier 1a being companies categorized as lithium ore miners. Tier 1b is for organizations classified as lithium compound manufacturers. Tier 1c are companies with more than 50% of their revenues tied with both lithium mining and lithium compound manufacturing, with the goal of having 50 stocks composing the index. In the occasion that less than 50 are eligible, Tier 2 constituents are considered. Tier 2 will be organizations with more than 25% but less than 50% of their revenues tied with both lithium industries. Companies are ranked and selected based on revenue exposure. The index is market-cap weighted with a tilt towards high-exposure (Tier 1 with top 20% of market share) companies. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Process Industries
Non-Energy Minerals
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.