First Trust Indxx Critical Metals ETF (FMTL) belongs to the Rare Earth & Strategic Metals category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMTL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMTL
FMTL charges 0.65% annually. There are 4 ETFs in the Rare Earth & Strategic Metals category with lower expense ratios, going as low as 0.49%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Strategic Metals ETF | 0.49% | 30.63M | Sep 2023 | FMTL vs ISTM | |
| WisdomTree Efficient Rare Earth Plus Strategic Met... | 0.55% | 8.02M | May 2026 | FMTL vs WDIG | |
| VanEck Rare Earth and Strategic Metals ETF | 0.59% | 2.96B | Oct 2010 | FMTL vs REMX | |
| Global X Rare Earth & Critical Materials ETF | 0.59% | 45.00M | Jan 2022 | FMTL vs EART | |
| Sprott Rare Earths Ex-China ETF | 0.65% | 38.36M | Apr 2026 | FMTL vs REXC |
Lowest Volatility Alternatives to FMTL
FMTL has 40.42% 1-year volatility. There are 3 ETFs in the Rare Earth & Strategic Metals category with lower 1-year volatility, going as low as 31.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Strategic Metals ETF | 31.68% | 30.63M | Sep 2023 | FMTL vs ISTM | |
| YieldMax Strategic Metals & Mining Portfolio Optio... | 36.36% | 6.17M | Feb 2026 | FMTL vs MINY | |
| Global X Rare Earth & Critical Materials ETF | 39.55% | 45.00M | Jan 2022 | FMTL vs EART | |
| VanEck Rare Earth and Strategic Metals ETF | 50.01% | 2.96B | Oct 2010 | FMTL vs REMX | |
| Sprott Rare Earths Ex-China ETF | 53.30% | 38.36M | Apr 2026 | FMTL vs REXC |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With FMTL
Investors most often compare FMTL with CSNR, BATT, LIT. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FMTL with Any Fund or Stock
Compare FMTL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMTL with funds that move differently
First Trust Indxx Critical Metals ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMTL.
Explore FMTL Diversifiers