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Launched · SEC filings

First Trust Indxx Critical Metals ETF

FMTLNYSE ArcaFirst TrustC

$31.65+0.49 (+1.58%)

As of Nov 2, 2026, 3:31 PM ET

C53/ 100

Rank 5 of 13 in Critical Materials

C53/100Rank 5 of 13inCritical Materials
Intraday session: up, 67 prints from 31.16 to 31.65. Range 31.16 to 32.04. Use the arrow keys to read each point.31.4031.8032.0010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$28M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
51
Avg volume · 30D
5.93K sh
52W range
low $23.95high $39.50
Launched
Filings
SEC EDGAR

The ETF.net FMTL Grade

Based on 5 of 6 pillars

C

Score 53 out of 100

Category
Critical Materials⁠
Rank
5 of 13
Six-pillar profile for FMTL. Scores out of 100: Cost 38, Risk 87, Mission not scored, Tradability 61, Holdings 45, Durability 47. Strongest: Risk (87). Weakest: Cost (38). Based on 5 of 6 pillars.

Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D38 out of 100
    Rank 7 of 13

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A87 out of 100
    Rank 1 of 13

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 5 of 13

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C45 out of 100
    Rank 8 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 7 of 13

Our read on FMTL

ETF.net Research

In short

CFirst Trust's late-2025 entry into the critical-metals race: an index fund on the miners and processors behind batteries, magnets and grids, across US, developed and emerging markets. Priced at the category median, on a crowded shelf.

Stated mandate

The fund seeks investment results that generally correspond to the Indxx Global Critical Metals Index and normally invests at least 80% of net assets in securities comprising that index.

Why people hold it

  • One ticket to the metals story: companies across the US, developed and emerging markets rather than a single-country bet.ftportfolios.com
  • Rules-based by design. It tracks the Indxx Global Critical Metals Index and normally keeps at least 80% of net assets in that index's securities, so no stock-picking discretion.ftportfolios.com
  • The 0.65% expense ratio sits right at the median for critical-materials ETFs, so the newest name on the shelf isn't charging a premium for being new.

Worth knowing

  • Cheaper routes into the theme exist: PICK charges 0.39% and REMX 0.53%, both with far longer track records.
  • It opened in November 2025, so there is no multi-year record of how tightly it tracks its index or how it holds up through a metals downturn.
  • Distributions come annually or semiannually, and a young, small fund tends to trade in lighter volume than the category's established names.

FMTL Performance

Launched Nov 4, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
FMTL$10,851
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. FMTL $10,851. SPY $11,169. Use the arrow keys to read each point.$10,000$12,000$14,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FMTL. Periods over one year show the average yearly return.
PeriodFMTL
Year to date+8.5%
1 month−10.0%
3 months−4.0%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FMTL
YearReturn barFMTL
2026 YTD+8.5%
2025+21.2%

History from Nov 5, 2025

FMTL in the news

FMTL Dividends

Last payment
$0.51 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 2 payments from 2025 to 2026 YTD. Dec 12, 2025 $0.02; Jun 25, 2026 $0.51. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 30, 2026$0.51
Dec 12, 2025Dec 31, 2025$0.02

FMTL Risk

Risk pillarA87 out of 100Rank 1 of 13 in Critical Materials
How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.98
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FMTL Cost

Compare FMTL and ILIT

Overpaying vs ILIT, cheapest in Critical Materials

$3,299

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FMTL 0.65%

    $12,717

  • ILIT 0.47% Cheapest

    $9,418

$10,000
30 years

Cost over time

  • FMTL 0.65%
  • ILIT 0.47%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FMTL $12,717ILIT $9,418

Year by year

YearFMTLILITOverpaying
10$1,163$847$316
20$4,440$3,261$1,179
30$12,717$9,418$3,299

Other funds in Critical Materials

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