DMAT vs. EART

Last updated Apr 3, 2026

Compare and contrast key facts about Global X Disruptive Materials ETF (DMAT) and Global X Rare Earth & Critical Materials ETF (EART).

DMAT and EART are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DMAT is a passively managed fund by Global X that tracks the performance of the Solactive Disruptive Materials Index. It was launched on Jan 24, 2022. EART is a passively managed fund by Global X that tracks the performance of the Solactive Rare Earth & Critical Materials Index. It was launched on Jan 24, 2022. Both DMAT and EART are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DMAT vs. EART - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Disruptive Materials ETF (DMAT) and Global X Rare Earth & Critical Materials ETF (EART). The values are adjusted to include any dividend payments, if applicable.

DMAT vs. EART - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DMAT Global X Disruptive Materials ETF	7.58%	98.48%	-7.19%	-19.75%	-16.33%
EART Global X Rare Earth & Critical Materials ETF	7.58%	98.48%	-7.19%	-19.75%	-16.33%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with DMAT at 7.58% and EART at 7.58%.

DMAT

• 1D: -1.06%
• 1M: -10.07%
• YTD: 7.58%
• 6M: 21.61%
• 1Y: 105.25%
• 3Y*: 16.42%
• 5Y*: —
• 10Y*: —

EART

• 1D: -1.06%
• 1M: -10.07%
• YTD: 7.58%
• 6M: 21.61%
• 1Y: 105.25%
• 3Y*: 16.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DMAT vs. EART - Expense Ratio Comparison

Both DMAT and EART have an expense ratio of 0.59%.

DMAT

Global X Disruptive Materials ETF

EART

Global X Rare Earth & Critical Materials ETF

Return for Risk

DMAT vs. EART — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DMAT

DMAT Risk / Return Rank: 93
DMAT Sharpe Ratio Rank: 96
DMAT Sortino Ratio Rank: 93
DMAT Omega Ratio Rank: 92
DMAT Calmar Ratio Rank: 92
DMAT Martin Ratio Rank: 92

EART

EART Risk / Return Rank: 93
EART Sharpe Ratio Rank: 96
EART Sortino Ratio Rank: 93
EART Omega Ratio Rank: 92
EART Calmar Ratio Rank: 92
EART Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DMAT vs. EART - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Disruptive Materials ETF (DMAT) and Global X Rare Earth & Critical Materials ETF (EART). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DMAT	EART	Difference
Sharpe ratio Return per unit of total volatility	2.67	2.67	0.00
Sortino ratio Return per unit of downside risk	2.94	2.94	0.00
Omega ratio Gain probability vs. loss probability	1.42	1.42	0.00
Calmar ratio Return relative to maximum drawdown	4.01	4.01	0.00
Martin ratio Return relative to average drawdown	14.81	14.81	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DMAT vs. EART - Sharpe Ratio Comparison

The current DMAT Sharpe Ratio is 2.67, which is comparable to the EART Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of DMAT and EART, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DMAT	EART	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	2.67	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.21	0.00

Correlation

The correlation between DMAT and EART is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DMAT vs. EART - Dividend Comparison

DMAT's dividend yield for the trailing twelve months is around 0.60%, which matches EART's 0.60% yield.

	TTM	2025	2024	2023	2022
DMAT Global X Disruptive Materials ETF	0.60%	0.65%	1.06%	1.83%	2.04%
EART Global X Rare Earth & Critical Materials ETF	0.60%	0.65%	1.06%	1.83%	2.04%

Drawdowns

DMAT vs. EART - Drawdown Comparison

The maximum DMAT drawdown since its inception was -53.68%, roughly equal to the maximum EART drawdown of -53.68%. Use the drawdown chart below to compare losses from any high point for DMAT and EART.

Drawdown Indicators

	DMAT	EART	Difference
Max Drawdown Largest peak-to-trough decline	-53.68%	-53.68%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-26.03%	-26.03%	0.00%
Current Drawdown Current decline from peak	-18.51%	-18.51%	0.00%
Average Drawdown Average peak-to-trough decline	-29.87%	-29.87%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.05%	7.05%	0.00%

Volatility

DMAT vs. EART - Volatility Comparison

Global X Disruptive Materials ETF (DMAT) and Global X Rare Earth & Critical Materials ETF (EART) have volatilities of 14.74% and 14.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMAT	EART	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.74%	14.74%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	32.26%	32.26%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	39.60%	39.60%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.87%	33.87%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.87%	33.87%	0.00%