Global X Disruptive Materials ETFGG

Global X Disruptive Materials ETF

17.63USDR
+0.51+2.98%
At close at Jul 11, 20:15 GMT
USD
No trades
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Key stats


Assets under management (AUM)
‪3.78 M‬USD
Fund flows (1Y)
‪−2.25 M‬USD
Dividend yield (indicated)
1.28%
Discount/Premium to NAV
1.0%
Shares outstanding
‪219.95 K‬
Expense ratio
0.59%

About Global X Disruptive Materials ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Jan 24, 2022
Structure
Open-Ended Fund
Index tracked
Solactive Disruptive Materials Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
DMAT tracks an index of global stocks that produce metals and other raw materials essential to the expansion of disruptive technologies. Disruptive Materials Companies derive at least 50% of their revenues from the exploration, mining, production and/or enhancement of one or more of 10 materials categories that include Rare Earth Materials, Lithium, Copper, Carbon Fiber, etc. Stocks not meeting the revenue requirements are considered after review and recognized as Pre-Revenue Disruptive Materials Companies. In the case of Lithium, stocks with associated revenue between 25-50% are also eligible as Diversified Lithium Companies. The fund uses a natural language processing algorithm to identify and rank stocks. The five highest-ranked Disruptive Materials and Pre-Revenue Disruptive Materials Companies per materials category are selected. The fund employs a modified market-cap weighting scheme for diversification. The index is reconstituted and rebalanced semi-annually.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Broad-based
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Non-Energy Minerals
Process Industries
Producer Manufacturing
Stock breakdown by region
8%26%14%15%35%
Top 10 holdings
Symbol
Assets
Symbol
Assets
I
Impala Platinum Holdings LimitedIMP
5.05%
F
Freeport-McMoRan, Inc.FCX
4.33%
6
China Northern Rare Earth (Group) High-Tech Co., Ltd. Class A600111
4.28%
G
Grupo Mexico S.A.B. de C.V. Class BGMEXICO/B
4.20%
S
Southern Copper CorporationSCCO
3.85%
6
Zhejiang Huayou Cobalt Co., Ltd. Class A603799
3.84%
5
Sumitomo Metal Mining Co., Ltd.5713
3.83%
S
Sibanye Stillwater LimitedSSW
3.81%
A
Antofagasta plcANTO
3.77%
M
MP Materials Corp Class AMP
3.65%
Top 10 weight40.62%
50 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DMAT trades at 17.63 USD today, its price has risen 2.98% in the past 24 hours. Track more dynamics on DMAT price chart.
DMAT net asset value is 17.46 today — it's risen 8.90% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DMAT assets under management is ‪3.78 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DMAT price has risen by 10.19% over the last month, and its yearly performance shows a 14.48% increase. See more dynamics on DMAT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.90% over the last month, showed a 29.21% increase in three-month performance and has increased by 17.31% in a year.
DMAT fund flows account for ‪−2.25 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DMAT invests in stocks. See more details in our Analysis section.
DMAT expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DMAT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DMAT technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DMAT shows the buy signal. See more of DMAT technicals for a more comprehensive analysis.
Yes, DMAT pays dividends to its holders with the dividend yield of 1.28%.
DMAT trades at a premium (0.97%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DMAT shares are issued by Mirae Asset Global Investments Co., Ltd.
DMAT follows the Solactive Disruptive Materials Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 24, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.