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Global X Disruptive Materials (DMAT)Overvalued or undervalued?
Look-through valuation · Sector · Expense ratio 0.58 % · ISIN US37960A8678
Price history (since 2022)
Monthly close since 2022. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Anglo American PLC AAL | 5.3 % | +60.0 % | 47 |
| Grupo México S.A.B. de C.V GMEXICOB | 5.0 % | +10.0 % | 75 |
| Freeport-McMoran Copper & Gold Inc FCX | 4.8 % | −74.7 % | 53 |
| Southern Copper Corporation SCCO | 4.6 % | −14.1 % | 79 |
| Antofagasta PLC ANTO | 4.4 % | −45.0 % | 61 |
| Rio Tinto PLC RIO | 4.4 % | n/a | n/a |
| Anglo American Platinum Ltd AMS | 3.9 % | n/a | n/a |
| Sumitomo Metal Mining Co. Ltd. 5713 | 3.7 % | n/a | n/a |
| Impala Platinum Holdings Ltd IMP | 3.6 % | −22.7 % | 86 |
| Pilbara Minerals Ltd PLS | 3.6 % | +128.2 % | 72 |
| China Northern Rare Earth Group High-Tech Co Ltd 600111 | 3.4 % | n/a | n/a |
| Albemarle Corp ALB | 3.4 % | +22.3 % | 42 |
| HudBay Minerals Inc HBM | 3.4 % | n/a | n/a |
| EVE Energy 300014 | 3.4 % | −31.5 % | 40 |
| Boliden AB BOL | 3.3 % | −6.2 % | 51 |
| Lynas Rare Earths Ltd LYC | 3.2 % | +4.5 % | 53 |
| MP Materials Corp MP | 2.9 % | n/a | n/a |
| Zhejiang Huayou Cobalt Co Ltd 603799 | 2.9 % | −18.8 % | 30 |
| Western Mining Co Ltd 601168 | 2.7 % | +15.5 % | 70 |
| Hexcel Corporation HXL | 2.7 % | −61.8 % | 64 |
| Sibanye Stillwater Ltd SSW | 2.5 % | +36.0 % | 45 |
| China Minmetals Rare Earth Co Ltd 000831 | 2.1 % | n/a | n/a |
| Shenghe Resources Holding Co Ltd 600392 | 2.1 % | −36.4 % | 61 |
| Sinomine Resource Exploration Co Ltd 002738 | 2.0 % | −38.4 % | 49 |
| Northam Platinum Holdings Ltd NPH | 1.9 % | −25.3 % | 77 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 KWEB KraneShares CSI China Internet ETF 50.0 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF 49.1 % below FV
- 3 CHIU Global X MSCI China Utilities ETF 44.8 % below FV
- 4 MCHI iShares MSCI China ETF 36.2 % below FV
- 5 FLCH Franklin FTSE China ETF 35.7 % below FV
- 6 FDNI First Trust Dow Jones International Internet ETF 28.9 % below FV
- 7 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 26.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF 23.0 % below FV
- 9 FDEM Fidelity® Emerging Markets Multifactor ETF 17.1 % below FV
- 10 TAN Invesco Solar ETF 16.6 % below FV
Frequently asked about DMAT
Is DMAT overvalued?
What is the fair value of DMAT?
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What is the expense ratio of DMAT?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Global X Disruptive Materials ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 27, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.