This US-traded ETF provides broad exposure to the global lithium-battery supply chain, including companies involved in battery technology, battery metals and materials (such as lithium, nickel, cobalt and copper), electric vehicle producers and related technology providers. BATT tracks the EQM Lithium & Battery Technology Index and holds a diversified portfolio of large and mid-cap global stocks:
- Amplify Lithium & Battery Technology ETF (BATT US) top four holdings are: BHP 7.1%, Tesla 6.7%, Contemporary Amperex 6.5%, and Freeport-McMoRan 5.5%.
Similar to the LIT ETF, we are not fans of the BATT ETF for investors to gain exposure to just lithium, although we do like its broad battery-facing mix of metals, which MM is core bullish over the years ahead.
- We are looking for the BATT ETF to consolidate recent gains over the coming weeks/months.