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Launched · SEC filings

First Trust Indxx Critical Metals ETF

FMTLNYSE ArcaC

$34.85−0.49 (−1.39%)

As of Oct 13, 2026, 3:46 PM

C51/ 100

Rank 8 of 13 in Critical Materials

C51/100Rank 8 of 13inCritical Materials
Intraday session: down, 15 prints from 35.34 to 34.85. Range 34.68 to 35.30. Use the arrow keys to read each point.34.7035.0035.1035.2010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$30M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
54
Avg volume · 30D
0M sh
NAV per share
$35.13
52W range
low $23.95high $39.50
Launched
Filings
SEC EDGAR

The ETF.net FMTL Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Category
Critical Materials⁠
Rank
8 of 13
Six-pillar profile for FMTL. Scores out of 100: Cost 38, Risk 83, Mission not scored, Tradability 50, Holdings 47, Durability 46. Strongest: Risk (83). Weakest: Cost (38). Based on 5 of 6 pillars.

Score 51 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.
    A83 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.
    C50 out of 100
    Rank 5 of 13

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C47 out of 100
    Rank 7 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 8 of 13

Our read on FMTL

ETF.net Research

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

  1. 01One ticket to the metals story: companies across the US, developed and emerging markets rather than a single-country bet.ftportfolios.com
  2. 02Rules-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
  3. 03The 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

  1. 01Cheaper routes into the theme exist: PICK charges 0.39% and REMX 0.53%, both with far longer track records.
  2. 02It 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.
  3. 03Distributions come annually or semiannually, and a young, small fund tends to trade in lighter volume than the category's established names.

FMTL Holdings

As of Oct 12, 2026
Asset class
Other
Holdings
54
Top-10 weight
61%
Largest holding
FCX9.0%

Geography

  • United States23.00%
  • Canada19.85%
  • Australia11.27%
  • Japan9.51%
  • United Kingdom9.31%
  • Switzerland8.53%
  • Mexico5.12%
  • South Africa3.27%
  • Other countries (9)10.15%

Developed 80% · Emerging 20% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001FCXFreeport-McMoRan Inc.8.96%36,299$3M375
002BHP.AXBHP Group Limited8.94%62,618$3M152
003GLEN.LGlencore Plc8.32%320,789$2M130
004AAL.LAnglo American Plc7.10%38,367$2M117
0058053.TSumitomo Corporation5.01%138,496$1M119
006GMEXICOB.MXGrupo Mexico, S.A.B. de C.V. (Class B)4.99%113,057$1M100
007CCJCameco Corporation4.62%15,650$1M54
008NEMNewmont Corporation4.50%11,401$1M434
009WPMWheaton Precious Metals Corp.4.47%9,631$1M40
010BBarrick Mining Corporation4.40%31,977$1M52
011AUAngloGold Ashanti plc3.94%12,499$1M107
012TECKTeck Resources Limited (Class B)3.83%16,815$1M35
013VALT.LValterra Platinum Limited2.33%9,515$696K6
014SCCOSouthern Copper Corporation2.17%3,095$648K213
015ANTO.LAntofagasta Plc1.92%11,472$573K124

Showing 1–15 of 54 holdings

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$12,306
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. FMTL $12,306. SPY $11,500. Use the arrow keys to read each point.$8,971$11,536$14,101Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+23.1%
1 month−4.4%
3 months+9.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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+23.1%
2025+21.2%

History from Nov 5, 2025

FMTL in the news

Filtered to FMTL · Critical Materials

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

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.

FMTL Cost

Expense ratio0.65%
  • The middle half of Critical Materials funds
  • Median 0.65%

6 of the 13 Critical Materials funds charge less.

FMTL costs $65.00 a year on $10,000. The median Critical Materials fund costs $65.00.

Other funds in Critical Materials

See others