Global X Disruptive Etf Profile
| DMAT Etf | USD 15.70 0.28 1.82% |
Performance6 of 100
| Odds Of DistressLess than 18
|
Global X is selling for under 15.70 as of the 28th of November 2024; that is 1.82 percent increase since the beginning of the trading day. The etf's last reported lowest price was 15.7. Global X has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Global X Disruptive are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in the securities of the index and in ADRs and GDRs based on the securities in the index. Gx Disruptive is traded on NASDAQ Exchange in the United States. The company has 193.1 M outstanding shares. More on Global X Disruptive
Moving together with Global Etf
Global Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Natural Resources, Global X Funds (View all Sectors) |
| Issuer | Global X |
| Inception Date | 2022-01-24 |
| Benchmark | Solactive Disruptive Materials Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.75 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Global X Management Company LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | John Belanger, Wayne Xie, Kimberly Chang, Vanessa Yang |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 56.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.59 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | 2.65 |
| Name | Global X Disruptive Materials ETF |
| Currency Code | USD |
| Open Figi | BBG014MY9494 |
| 1y Volatility | 28.58 |
| 200 Day M A | 15.144 |
| 50 Day M A | 15.9283 |
| Code | DMAT |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Global X Disruptive [DMAT] is traded in USA and was established 2022-01-24. The fund is listed under Natural Resources category and is part of Global X Funds family. The entity is thematically classified as Strategy ETFs. Global X Disruptive currently have 3.41 M in assets under management (AUM). , while the total return for the last year was 9.7%.
Global X Disruptive currently holds about 20.72 K in cash with 55.5 K of positive cash flow from operations.
Check Global X Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X Disruptive Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Global X Disruptive Currency Exposure
Global X Disruptive holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Disruptive.
Top Global X Disruptive Etf Constituents
| 603799 | Zhejiang Huayou Cobalt | Stock | Materials | |
| ANTO | Antofagasta PLC | Stock | Materials | |
| SSW | Sibanye Stillwater | Stock | Gold | |
| NPH | Northam Platinum Holdings | Stock | Other Precious Metals & Mining | |
| NIC | Nickel Industries Limited | Stock | Materials | |
| 300014 | EVE Energy | Stock | Industrials | |
| HXL | Hexcel | Stock | Industrials | |
| SARKY | Sarkuysan Elektrolitik Bakir | Stock | Industrials |
Global X Disruptive Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.012 |
Global X Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Global X Disruptive. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Global X Disruptive is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.