DMAT vs QQQ
Global X Disruptive Materials ETF vs Invesco QQQ Trust, Series 1
Which is better, DMAT or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. DMAT led over 1Y, QQQ over the full window. DMAT is less concentrated, with 41.7% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DMAT | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $12M | $486.1B |
| Dividend Yield | 0.90% | 0.44% |
| Holdings | 54 | 107 |
| Volatility (annualized) | 31.8% | 19.9%Best |
| Max Drawdown | -53.7% | -29.6%Best |
| $10,000 over 4.1 years | $16,451 | $18,106Best |
| Top 10 Weight | 41.7%Best | 46.5% |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | Jan 24, 2022 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 193 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. DMAT has data through Feb 27, 2026 and QQQ through Sep 8, 2026.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Jan 26, 2022 to Feb 27, 2026 (4.1 years).
Risk: Volatility and Drawdowns
DMAT has been the more volatile fund, with annualized monthly volatility of 31.8% compared with 19.9% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -53.7% for DMAT and -29.6% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DMAT charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, DMAT currently yields 0.90% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 48 holdings in DMAT and 102 in QQQ, totalling 95.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 278 days apart, DMAT as of Oct 31, 2025 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 48 positions we hold weights for in DMAT and 102 in QQQ, against full books of 54 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for DMAT (96.8% of the fund), and 8 for DMAT that do not appear in QQQ (22.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DMAT and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DMAT or QQQ?
DMAT has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which is riskier, DMAT or QQQ?
DMAT has been the more volatile fund at 31.8% annualized versus 19.9% for QQQ. Worst drawdown: DMAT -53.7% vs QQQ -29.6%.
Should I hold both DMAT and QQQ?
DMAT and QQQ have a monthly-return correlation of 0.35, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DMAT or QQQ?
DMAT yields 0.90% while QQQ yields 0.44%, so DMAT currently pays the higher dividend yield.
Is QQQ better than DMAT?
QQQ has a lower expense ratio. DMAT led over 1Y, QQQ over the full window. DMAT is less concentrated, with 41.7% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.