Correlation
The correlation between DMAT and SETM is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
DMAT vs. SETM
Compare and contrast key facts about Global X Disruptive Materials ETF (DMAT) and Sprott Energy Transition Materials ETF (SETM).
DMAT and SETM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023. Both DMAT and SETM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DMAT or SETM.
Performance
DMAT vs. SETM - Performance Comparison
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Key characteristics
DMAT:
-0.22
SETM:
-0.60
DMAT:
-0.13
SETM:
-0.69
DMAT:
0.98
SETM:
0.92
DMAT:
-0.16
SETM:
-0.50
DMAT:
-0.63
SETM:
-1.14
DMAT:
13.80%
SETM:
18.86%
DMAT:
34.60%
SETM:
37.28%
DMAT:
-53.67%
SETM:
-42.81%
DMAT:
-42.58%
SETM:
-25.99%
Returns By Period
In the year-to-date period, DMAT achieves a 6.23% return, which is significantly higher than SETM's 0.13% return.
DMAT
6.23%
4.53%
-4.86%
-7.48%
-12.66%
N/A
N/A
SETM
0.13%
5.23%
-12.45%
-22.08%
N/A
N/A
N/A
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DMAT vs. SETM - Expense Ratio Comparison
DMAT has a 0.59% expense ratio, which is lower than SETM's 0.65% expense ratio.
Risk-Adjusted Performance
DMAT vs. SETM — Risk-Adjusted Performance Rank
DMAT
SETM
DMAT vs. SETM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Disruptive Materials ETF (DMAT) and Sprott Energy Transition Materials ETF (SETM). 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.
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Dividends
DMAT vs. SETM - Dividend Comparison
DMAT's dividend yield for the trailing twelve months is around 1.00%, less than SETM's 2.07% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
DMAT Global X Disruptive Materials ETF | 1.00% | 1.06% | 1.83% | 2.04% |
SETM Sprott Energy Transition Materials ETF | 2.07% | 2.07% | 2.48% | 0.00% |
Drawdowns
DMAT vs. SETM - Drawdown Comparison
The maximum DMAT drawdown since its inception was -53.67%, which is greater than SETM's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for DMAT and SETM.
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Volatility
DMAT vs. SETM - Volatility Comparison
The current volatility for Global X Disruptive Materials ETF (DMAT) is 5.07%, while Sprott Energy Transition Materials ETF (SETM) has a volatility of 6.42%. This indicates that DMAT experiences smaller price fluctuations and is considered to be less risky than SETM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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