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ACDC

$144.83-0.74%Energy Metals & Nuclear9/100
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Global X Battery Tech & Lithium ETF · Global X

Data as at 29 March 2026

TL;DR

Tracks companies across the battery and electric vehicle supply chain — lithium miners, battery manufacturers, EV producers, and the grid infrastructure supporting electrification.

MER (Annual Fee)
0.69%
#2 lowest in Energy Metals & Nuclear
1Y Return
+64.9%
3Y Return (p.a.)
+19.8%
Dividend Yield
-
Non-distributing
AUM
$495M
Assets under management
Avg Daily Turnover
$18K
Avg shares × unit price
Unit Price
$144.83
As at 29 March 2026
Provider
Global X
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Strategy

Managed by Global X ETFs Australia. Covers the entire battery value chain including lithium and cobalt miners, battery cell manufacturers, EV companies, and electricity grid equipment makers.

Top Holdings

Key Fact

Lithium carbonate prices fell from a peak of US$80,000 per tonne in late 2022 to below US$10,000 per tonne by mid-2024 — an 87% decline. This single commodity price move had a severe impact on lithium mining companies held within ACDC.

Suited for

Investors making a long-term bet on the electrification of transport and energy storage. ACDC covers the full supply chain rather than just one segment — providing exposure from lithium extraction through to EV assembly.

Risks

Lithium prices fell over 80% from their 2022 peak by mid-2024, severely impacting lithium mining companies within the fund. EV demand growth has been more inconsistent than many analysts expected.

ACDC Comparisons

ETFCheck Score9/100
Fees (40%)0
Fund Size (25%)37
Liquidity (20%)0
Yield (15%)0
How scores are calculated →
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Frequently Asked Questions - ACDC

Why has ACDC dropped so dramatically from its 2021 highs despite the EV boom continuing?+
ACDC fell over 70% from its 2021 peak because lithium carbonate prices collapsed from roughly US$80,000/tonne to under US$10,000 as Chinese supply surged and EV demand growth slowed versus expectations. The ETF tracks battery technology and lithium miners whose earnings are heavily leveraged to spot lithium prices. While the long-term electrification thesis remains intact, ACDC demonstrates that thematic ETFs tied to commodity cycles can experience drawdowns rivalling individual stocks. It suits investors with high risk tolerance and multi-year time horizons.
How does ACDC compare to buying individual lithium stocks like Pilbara Minerals or IGO on the ASX?+
ACDC provides diversified global exposure across approximately 40 battery tech and lithium holdings including companies across the entire supply chain, whereas buying PLS or IGO concentrates risk in single ASX-listed miners. The ETF includes downstream battery manufacturers and technology firms not available on the ASX, broadening your thematic exposure beyond pure lithium extraction. However, at a 0.69% MER and just 0.18% yield, ACDC is a growth-oriented play with minimal income, making it less suited for SMSF pension-phase portfolios seeking distributions.
Does ACDC provide any franking credits or tax-advantaged income for Australian investors?+
ACDC pays a negligible yield of approximately 0.18% and offers no franking credits because its underlying holdings are entirely international companies that do not pay Australian company tax. Distributions are typically classified as foreign income and may include fund-level capital gains, all assessable at your marginal tax rate with no franking offset. For SMSF members in pension phase, this means no refundable franking benefit. ACDC is fundamentally a capital growth vehicle, so investors should not hold it expecting meaningful income.
What market conditions would need to occur for ACDC to recover toward its previous highs?+
A sustained recovery would require lithium prices to rebound significantly, likely driven by demand outpacing supply as global EV adoption accelerates beyond current projections and new mine supply tightens. Positive catalysts could include Chinese lithium production cuts, battery gigafactory expansion announcements, or government policy mandating faster ICE vehicle phase-outs. Investors should note ACDC's 1-year return of 22.4% shows momentum has improved, but the ETF would still need to roughly triple from current levels to revisit 2021 peaks.