5 Best Natural Resources ETFs

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In this article, we discuss 5 best natural resources ETFs to buy. If you want to read our discussion on the natural resources market, head over to 10 Best Natural Resources ETFs To Buy

5. Global X Lithium & Battery Tech ETF (NYSE:LIT)

5-Year Performance as of October 9: 71.33%

Introduced in July 2010, the goal of the Global X Lithium & Battery Tech ETF (NYSE:LIT) is to mimic the performance of the Solactive Global Lithium Index. The ETF enjoys investment exposure to companies engaged in the exploration, refining, and distribution of lithium. As of October 9, the ETF manages total net assets worth $2.46 billion, while maintaining an expense ratio of 0.75%

Albemarle Corporation (NYSE:ALB) one of the biggest holdings of Global X Lithium & Battery Tech ETF (NYSE:LIT). Albemarle Corporation (NYSE:ALB) specializes in the development, manufacture, and commercialization of special chemicals within three segments – Lithium, Bromine, and Catalysts. According to Insider Monkey’s second quarter database, a total of 41 hedge funds were bullish on Albemarle Corporation (NYSE:ALB). This number remained unchanged over the past quarter.

Aristotle Small/Mid Cap Equity Composite said this about Albemarle Corporation (NYSE:ALB) in its second quarter 2023 investor letter:

“Albemarle Corporation (NYSE:ALB), the world’s largest lithium producer was sold from the portfolio amidst the announcement from Chile’s president that he would nationalize the country’s lithium industry and in time transfer control from SQM and Albemarle to a separate state-owned company effectively changing long-term risk/reward ratio of the stock, in our view.”

Follow Albemarle Corp (NYSE:ALB)

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