Alternative Investments/ESG: Thematic ETF From Global X Targets Disruptive Materials

Launched in Europe, the ETF will look for opportunities in emerging, new-age technologies including alternative energy sources, electric vehicles, and new age communications.

Global X ETFs has launched the Global X Disruptive Materials UCITS ETF, which will invest in companies with operations linked to any of the following ten disruptive materials categories: Carbon fiber, cobalt, copper, graphene & graphite, lithium, manganese, nickel, platinum & palladium, rare earth elements, and zinc. (ETF Strategy)

The ETF will trade on London Stock Exchange in US dollars (DMAT LN) and pound sterling (DMAG LN) as well as on Deutsche Börse Xetra (D6AT GY) and Borsa Italiana (DMAT IM) in euros.

Global X Disruptive Materials UCITS ETF

Complex disruptive technologies nevertheless need metals and minerals as inputs, hence the ETF title “disruptive materials,” and according to Global X , these materials are going be just as critical for the global economy as fossil fuels were in the 20th century.

From alternative energy sources such as solar panels and wind turbines to evolving technology like lithium batteries and electric vehicles, disruption is rapidly changing how the world looks, according to Global X.

The ETF tracks the Solactive Disruptive Materials V2 Index, which includes stocks from both emerging and developed markets that have market capitalizations above $100 million and average daily trading volumes greater than $1m.

The ETF has an expense ratio of 0.59%.

Morgane Delledonne, Head of Investment Strategy, Europe, commented: “From the rise of autonomous vehicles to growth in new technologies driving a global shift toward renewable energy, major economic advancements are poised to support decades of strong demand for a range of disruptive materials. DMAT leverages Global X’s expertise in thematic investing to provide investors efficient access to the critical upstream companies involved in mining and producing the materials that are foundational to many 21st century technologies.”

Related Story: Global X Launches Metaverse Themed ETF

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…