Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
7.17
Change
▲ 0.30 (4.43)
Bid / Ask
7.19 - 8.19
Volume
13,817
Turnover
90,359
Open
6.98
Day Range
6.98 - 7.18
VWAP
7.13
Prev Close
6.87
Last Trade
05/11 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$25.4M
OCT 2026
Distributions
Annually
Since inception
3.8 yrs
FEB 2023
Legal name
Sprott Lithium Miners ETF
Issuer
Sprott
Type
Exchange-Traded Fund
Structure
Open Ended Investment Company
Management style
Index fund
Morningstar category
Equity Non-Precious Metals
Category index
MSCI ACWI Select Mt&MP Ex G&S IMI NR USD
Benchmark
S&P 500 (TR) (1970)
ETF net assets
$25.4M
Units on issue
3.6M
Management fee
0.65% p.a.
Domicile
United States
Base currency
USD
Inception
1 FEB 2023
Listed
2 FEB 2023
Index provider
Standard and Poors
Objective and strategy
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Lithium Miners Index.
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 11.40%Non-US equity 88.25%
Asset class
Net %
Long %
Short %
Equity
99.65
99.63
—
Bond
0.00
0.00
—
Cash
0.35
0.37
—
Other
0.00
0.00
—
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 100.00%Sensitive 0.00%Defensive 0.00%
Basic Materials
100.00%
Consumer Cyclical
0.00%
Financial Services
0.00%
Real Estate
0.00%
Communication Services
0.00%
Energy
0.00%
Industrials
0.00%
Technology
0.00%
Consumer Defensive
0.00%
Healthcare
0.00%
Utilities
0.00%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 74.68%Emerging markets 25.32%
Australasia
38.23%
North America
31.04%
Asia Emerging
13.52%
Latin America
11.81%
Europe Developed
4.48%
United Kingdom
0.92%
Europe Emerging
0.00%
Africa / Middle East
0.00%
Japan
0.00%
Asia Developed
0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
Australia
38.23%
Canada
19.37%
China
13.51%
United States
11.68%
Chile
11.54%
Switzerland
4.48%
United Kingdom
0.92%
Brazil
0.27%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
Style
Mid Blend
Size score
104
SmallMidLarge
Value-growth score
192
ValueBlendGrowth
Economic moat
Narrow 100%Wide 0%None 0%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
Giant
0.00%
Large
25.05%
Mid
19.71%
Small
36.65%
Micro
18.59%
Large 25%Mid 20%Small 37%Micro 19%
Average market cap
$2.43B
Number of holdings
43
Shares held
38
Portfolio statistics · 30 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Price / earnings
6.29
Price / book
1.37
Price / sales
3.13
Price / cash flow
12.08
Dividend yield
0.79%
Assets in top 10
69.08%
Return on equity
5.71%
Net margin
16.70%
Top holdings · top 10 = 68.98% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV)Market price
1M
-24.1
3M
-29.6
6M
-58.4
YTD
-42.0
1Y
-25.7
3Y
-10.6
Period
Fund (NAV) %
Market price %
Before fees %
Rank in category
1 month
-24.08
—
-24.04
100
3 months
-29.63
—
-29.52
98
6 months
-58.38
—
-58.24
100
Year to date
-42.00
—
-41.68
100
1 year
-25.66
—
-25.18
76
3 years p.a.
-10.61
—
-10.03
100
Returns to 31 OCT 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
TotalCapital
2024
-43.5
2025
94.2
Year
Total %
Capital %
Rank in category
2025
94.24
80.98
—
2024
-43.53
-47.01
—
Risk statistics · 31 OCT 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
1 year
3 years
5 years
10 years
Standard deviation
64.54
49.44
—
—
Maximum drawdown %
-26.09
-69.24
—
—
Measured against Morningstar Global TME GR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 31 OCT 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
154.9
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
Tracking volatility
1.719
Est. holding cost %
-0.880
Market impact cost %
0.291
Best quarter
56.79% · AUG 2025
Worst quarter
-35.49% · OCT 2023
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
0.65% p.a.
PDS dated
30 APR 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
0.8927
Ex Date
18 DEC 2025
Record Date
18 DEC 2025
Pay Date
22 DEC 2025
NAV at ex date
11.36
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.9
2023
0.4
2022
0.4
Year
Per unit ($)
2024
0.8927
2023
0.4400
2022
0.3523
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date
Per unit ($)
18 DEC 2025
0.8927
12 DEC 2024
0.4400
14 DEC 2023
0.3523
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Below Average
ESG risk score
33.16
NegligibleLowMediumHighSevere
Category average 20.47
Rank in category
89th percentile of 2,058 funds
Environmental risk
12.77
Social risk
7.05
Governance risk
4.16
Portfolio covered
82.0%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
0.00%
Low
4.14%
Medium
43.06%
High
24.82%
Severe
27.97%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
19.82
LowMediumHighSevere
Carbon risk
Medium Risk
Rank in category
43rd percentile
Fossil fuel involvement
0.00%
Low Carbon Designation
No
Portfolio covered
73.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
RMRyan Mischker
KKKyle Kleckner
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
2
Average tenure
1.9 years
Longest tenure
3.7 years
Longest serving
Ryan Mischker · since 1 FEB 2023
Most recent appointment
Kyle Kleckner · since 31 AUG 2026
Managed since
1 FEB 2023
Other funds managed
33
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
We remain bullish on the local index, targeting a clean break above the psychological 8000 level. It's not hard to ride the bullish wave at the moment, with US and European equities posting new all-time highs almost daily while Copper and Gold continue to buoy sentiment across the influential Resources. In addition, bond markets have calmed after April's interest rate jitters, although we shouldn’t lose sight of how easily credit markets change direction after just a few economic numbers – US Futures are pricing in two rate cuts by January 2025.
Australian lithium stocks enjoyed a solid bounce last week, e.g., IGO Ltd (IGO) +11.4%, Pilbara Minerals (PLS) +10%, and Mineral Resources (MIN) +6.9%. We believe the sector will recover further, but it's still an area where investors should adopt a very active approach due to so many uncertain variables still to play out, plus most stocks are already pricing in higher lithium prices over the years.
The weakness across the Lithium Sector has lost its place in the financial press due to the strong rallies in copper and gold. Usually, more “clicks” are achieved from bad news and crash-style stories, but the lithium bear market has grown old in the tooth. However, as we’ve seen with other commodities and related stocks, this year is starting to look exciting for the commodity space, and we believe lithium can join the party, at least for a while. We aren’t as bullish towards lithium as copper, for example, with the supply & demand dynamics far from clear, but we can see them enjoying a strong finish to this FY.
The demise of lithium miners over recent times has garnered much publicity, and it has only faded from the front cover as other commodities surge higher.
In early February, one of the most dominating stories in the financial news was the plunging lithium price and demise of the related stocks. Less than 2-years ago, analysts were extrapolating huge demand for EVs over the decade ahead would continue to push the required materials, such as lithium, cobalt and nickel, ever higher, generating huge profits for the related miners, but as we now know, the demand for EVs has fallen short of estimates, especially in the influential US, which combined with increasing supply of lithium drove down prices over 80%, i.e. in this case making the market not wrong, but very wrong!
Lithium has been dominating the news around the demise of the ESG Sector for months, but nickel has come to the fore of late as the collapse in the commodities price has led to the closure of mines operated by IGO and Twiggy Forrest’s Wyloo. Now heavyweight BHP Group (BHP) is feeling the pinch with estimates that its Nickel West business is losing $50m a month. The government has even been involved as it aims for a carbon-zero economy by 2030, a big ask if Australian businesses are losing millions in the pursuit of their optimistic goal.
Last week saw leading EV manufacturer Tesla (TSLA US) plunge over -13% while the tech-based NASDAQ 100 surged to new all-time highs. The shares in Elon Musk’s $US580bn behemoth fell after the company's earnings missed expectations, and they said volume growth this year “may be notably lower” than was previously expected – this underwhelming demand for EVs, especially in the US, has been the main cause of the weakness of the lithium price and related stocks.
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