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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$17.67

$6.81 M

1.41%

$0.25

0.59%

Vitals

YTD Return

14.9%

1 yr return

-5.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$6.81 M

Holdings in Top 10

45.0%

52 WEEK LOW AND HIGH

$17.1
$12.61
$19.64

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$17.67

$6.81 M

1.41%

$0.25

0.59%

DMAT - Profile

Distributions

  • YTD Total Return 14.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Global X Disruptive Materials ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Jan 04, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nam To

Fund Description

The Fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the Solactive Disruptive Materials Index (the "Underlying Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed.
The Underlying Index is designed to provide exposure to companies that produce metals and other raw or composite materials that have been identified as being essential to disruptive technologies such as lithium batteries, solar panels, wind turbines, fuel cells, robotics, and 3D printers. Each material has been determined by Solactive AG, the provider of the Underlying Index (the “Index Provider”) to be instrumental to the development and materialization of one or more disruptive technologies. Disruptive technologies refer to those technologies that are essential to the development and materialization of long-term, structural changes to existing products, services, industries, or sectors. Specifically, the Underlying Index will include securities issued by “Disruptive Materials Companies” as defined by the Index Provider. Disruptive Materials Companies are those companies that derive at least 50% of their revenues in aggregate from the exploration, mining, production and/or enhancement of one or more of the following ten materials categories: Carbon Fiber, Cobalt, Copper, Graphene & Graphite, Lithium, Manganese, Nickel, Platinum & Palladium, Rare Earth Elements, and Zinc (collectively, “Disruptive Materials Categories”). Companies engaged in
exploration and mining include those companies involved in locating and extracting disruptive materials. Companies engaged in production include those companies involved in manufacturing, processing, and trading disruptive materials for primary usage. Companies engaged in enhancement include those companies involved in refining, developing, and/or smelting materials to extract and purify disruptive materials. As of December 31, 2023, the Underlying Index had 50 constituents.
For the Lithium category, companies that derive greater than 25% but less than 50% of revenue from the production and/or processing of lithium are also eligible for inclusion (collectively, “Diversified Lithium Companies”). In addition, companies with primary business operations in the exploration, mining, production and/or enhancement of one or more of the Disruptive Materials Categories, but which are not currently generating revenue, are also eligible for inclusion (collectively, “Pre-Revenue Disruptive Materials Companies”). To determine whether a company has primary business operations in the exploration, mining, production and/or enhancement of one or more of the Disruptive Materials Categories, the Index Provider reviews the public financial disclosures and filings of the company, and identifies the products and business segments disclosed therein. The Index Provider then reviews the management discussion and analysis, as well as the level of investment the company allocates to those products and segments, to determine whether those business operations are the primary operations of the company.
In constructing the Underlying Index, the Index Provider applies a proprietary natural language processing algorithm to the eligible universe, which seeks to identify and rank companies involved in each of the Disruptive Materials Categories based on filings, disclosures, and other public information (e.g., regulatory filings, earnings transcripts, etc.). The highest-ranking companies identified by the natural language processing algorithm in each Disruptive Materials Category, as of the selection date, are further reviewed by the Index Provider to confirm they derive at least 50% of their revenues from one of the Disruptive Materials Categories as described above, derive between 25% and 50% of their revenues from the Lithium category in the case of Diversified Lithium Companies, orhave primary business operations in the exploration, mining, production and/or enhancement of one or more of the Disruptive Materials Categories but do not currently generate revenues in the case of Pre-Revenue Disruptive Materials Companies. The five highest-ranking Disruptive Materials Companies and Pre-Revenue Disruptive Materials Companies according to free float market capitalization from each Disruptive Materials Category are included in the Underlying Index. For the Lithium category, the five highest-ranking Disruptive Materials Companies, Pre-Revenue Disruptive Materials Companies and Diversified Lithium Companies according to free float market capitalization are included.If fewer than five companies are identified that satisfy the above criteria within a Disruptive Materials Category, all eligible companies are selected, and the category consists of fewer than five companies.
To be a part of the eligible universe of the Underlying Index, companies must be classified in one of the following Economies according to FactSet (a leading financial data provider that maintains a comprehensive structured taxonomy designed to offer precise classification of global companies and their individual business units): Basic Materials, Industrials, or Technology. In addition, certain minimum market capitalization and liquidity criteria, as defined by the Index Provider, must be met. As of December 31, 2023, companies must have a minimum market capitalization of $100 million and a minimum average daily turnover for the last 6 months greater than or equal to $1 million in order to be eligible for inclusion in the Underlying Index. As of December 31, 2023, companies listed in the following countries were eligible for inclusion in the Underlying Index: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Japan, Kuwait, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Qatar, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom, United States, and the United Arab Emirates. As of December 31, 2023, the Underlying Index had significant exposure to Chinese issuers. The Fund may invest in China A-Shares, which are issued by companies incorporated in mainland China and traded on Chinese exchanges. The Fund may invest in securities of issuers located in emerging markets.
The Underlying Index is weighted according to a modified capitalization weighting methodology and is reconstituted and re-weighted semi-annually. Modified capitalization weighting seeks to weight constituents primarily based on market capitalization, but subject to caps on the weights of the individual securities. During each rebalance, the maximum weight of a company is capped at 4%, and all constituents are subject to a minimum weight of 0.3%. In addition, Diversified Lithium Companies and Pre-Revenue Disruptive Materials Companies are subject to an aggregate weight cap of 10% at each semi-annual rebalance. Generally speaking, modified capitalization weighting will limit the amount of concentration in the largest market capitalization companies and increase company-level diversification. The Underlying Index may include large-, mid-, small-, or micro-capitalization companies, and components primarily include materials companies. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Underlying Index is sponsored by the Index Provider, which is an organization that is independent of, and unaffiliated with, the Fund and Global X Management Company LLC, the investment adviser for the Fund ("Adviser"). In addition, any determinations related to the constituents of the Underlying Index are made independent of the Fund's portfolio managers. The
Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Adviser uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of December 31, 2023, the Underlying Index was concentrated in the metals and mining industry and had significant exposure to the materials sector. The Fund is classified as “non-diversified,” which means it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund.
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DMAT - Performance

Return Ranking - Trailing

Period DMAT Return Category Return Low Category Return High Rank in Category (%)
YTD 14.9% -17.0% 23.8% N/A
1 Yr -5.4% -25.4% 16.2% N/A
3 Yr N/A* 0.2% 73.7% N/A
5 Yr N/A* -5.9% 14.1% N/A
10 Yr N/A* -10.9% 12.2% N/A

* Annualized

Return Ranking - Calendar

Period DMAT Return Category Return Low Category Return High Rank in Category (%)
2023 -21.1% -32.2% 34.0% N/A
2022 N/A -10.9% 35.5% N/A
2021 N/A -8.5% 36.3% N/A
2020 N/A -13.9% 8.5% N/A
2019 N/A -11.7% 24.9% N/A

Total Return Ranking - Trailing

Period DMAT Return Category Return Low Category Return High Rank in Category (%)
YTD 14.9% -30.0% 23.8% N/A
1 Yr -5.4% -25.4% 51.5% N/A
3 Yr N/A* 0.2% 73.7% N/A
5 Yr N/A* -5.9% 18.1% N/A
10 Yr N/A* -10.9% 13.9% N/A

* Annualized

Total Return Ranking - Calendar

Period DMAT Return Category Return Low Category Return High Rank in Category (%)
2023 -19.7% -32.2% 34.0% N/A
2022 N/A -10.9% 35.5% N/A
2021 N/A -8.5% 36.3% N/A
2020 N/A -13.9% 8.5% N/A
2019 N/A -11.7% 24.9% N/A

DMAT - Holdings

Concentration Analysis

DMAT Category Low Category High DMAT % Rank
Net Assets 6.81 M 1.77 M 8.89 B 94.92%
Number of Holdings 51 23 422 50.00%
Net Assets in Top 10 2.61 M 770 K 4.68 B 96.61%
Weighting of Top 10 45.03% 18.0% 74.6% 61.02%

Top 10 Holdings

  1. ANTOFAGASTA PLC COMMON STOCK 5.90%
  2. SOUTHERN COPPER CORP COMMON STOCK 5.08%
  3. FREEPORT-MCMORAN INC COMMON STOCK 4.94%
  4. BOLIDEN AB COMMON STOCK 4.56%
  5. LUNDIN MINING CORP COMMON STOCK 4.42%
  6. SUMITOMO METAL MINING CO LTD COMMON STOCK 4.28%
  7. PILBARA MINERALS LTD COMMON STOCK 4.20%
  8. ANGLO AMERICAN PLC COMMON STOCK 4.09%
  9. CHINA NORTHERN RARE EARTH -A COMMON STOCK 3.78%
  10. EVE ENERGY CO LTD-A COMMON STOCK 3.78%

Asset Allocation

Weighting Return Low Return High DMAT % Rank
Stocks
99.83% 78.27% 100.48% 21.85%
Cash
0.17% -1.77% 21.06% 70.34%
Preferred Stocks
0.00% 0.00% 0.60% 58.47%
Other
0.00% -1.72% 2.99% 57.63%
Convertible Bonds
0.00% 0.00% 0.43% 57.63%
Bonds
0.00% -2.00% 2.96% 59.66%

Stock Sector Breakdown

Weighting Return Low Return High DMAT % Rank
Utilities
0.00% 0.00% 46.27% 79.66%
Technology
0.00% 0.00% 25.71% 22.03%
Real Estate
0.00% 0.00% 36.20% 71.19%
Industrials
0.00% 0.00% 63.67% 65.25%
Healthcare
0.00% 0.00% 22.67% 72.88%
Financial Services
0.00% 0.00% 4.52% 64.41%
Energy
0.00% 0.00% 89.67% 84.75%
Communication Services
0.00% 0.00% 0.21% 56.78%
Consumer Defense
0.00% 0.00% 33.96% 79.66%
Consumer Cyclical
0.00% 0.00% 43.37% 80.51%
Basic Materials
0.00% 2.49% 100.00% 3.39%

Stock Geographic Breakdown

Weighting Return Low Return High DMAT % Rank
Non US
82.71% 0.00% 90.92% 4.24%
US
17.12% 8.98% 99.93% 96.61%

DMAT - Expenses

Operational Fees

DMAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 5.06% 74.17%
Management Fee 0.59% 0.00% 1.25% 39.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

DMAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 2.25% N/A

Trading Fees

DMAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DMAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 169.00% N/A

DMAT - Distributions

Dividend Yield Analysis

DMAT Category Low Category High DMAT % Rank
Dividend Yield 1.41% 0.00% 11.09% 50.00%

Dividend Distribution Analysis

DMAT Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Quarterly Semi-Annually

Net Income Ratio Analysis

DMAT Category Low Category High DMAT % Rank
Net Income Ratio N/A -35.65% 9.06% N/A

Capital Gain Distribution Analysis

DMAT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

DMAT - Fund Manager Analysis

Managers

Nam To


Start Date

Tenure

Tenure Rank

Jan 24, 2022

0.35

0.4%

Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.

Wayne Xie


Start Date

Tenure

Tenure Rank

Jan 24, 2022

0.35

0.4%

Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.

Kimberly Chan


Start Date

Tenure

Tenure Rank

Jan 24, 2022

0.35

0.4%

Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.

Vanessa Yang


Start Date

Tenure

Tenure Rank

Jan 24, 2022

0.35

0.4%

Vanessa Yang, Portfolio Management Associate, joined Global X Management Company LLC in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.

Sandy Lu


Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

Sandy Lu, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Lu worked at PGIM Fixed Income from 2014 to 2021, where he led the portfolio analyst team covering Emerging Markets Debt. He began his career in 2010 as an Investment Analyst at Lincoln Financial Group. Mr. Lu graduated with a B.S. in Economics from the Wharton School of the University of Pennsylvania. He earned his CFA designation in September 2015, and holds the Series 3 license.

William Helm


Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.63 0.16