FMTL vs. FDL
FMTL (First Trust Indxx Critical Metals ETF) and FDL (First Trust Morningstar Dividend Leaders Index Fund) are both exchange-traded funds - FMTL is a Rare Earth & Strategic Metals fund tracking the Indxx Global Critical Metals Index, while FDL is a Large Cap Value Equities fund tracking the Morningstar Dividend Leaders Index. Both are passively managed. At a 0.08 correlation, their price movements are largely independent. FMTL charges 0.65%/yr vs 0.43%/yr for FDL.
Performance
FMTL vs. FDL - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with FMTL having a 13.89% return and FDL slightly lower at 13.85%.
FMTL
- 1D
- 0.81%
- 1M
- -11.71%
- YTD
- 13.89%
- 6M
- 13.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDL
- 1D
- 0.92%
- 1M
- -0.44%
- YTD
- 13.85%
- 6M
- 13.62%
- 1Y
- 23.61%
- 3Y*
- 19.15%
- 5Y*
- 13.25%
- 10Y*
- 11.24%
FMTL vs. FDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMTL First Trust Indxx Critical Metals ETF | 13.89% | 21.85% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 13.85% | 6.17% |
Correlation
The correlation between FMTL and FDL is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FMTL vs. FDL — Risk / Return Rank
FMTL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FDL
FMTL vs. FDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Critical Metals ETF (FMTL) and First Trust Morningstar Dividend Leaders Index Fund (FDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FMTL | FDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.55 | — |
| Martin ratioReturn relative to average drawdown | — | 12.89 | — |
Loading charts...
Drawdowns
FMTL vs. FDL - Drawdown Comparison
The maximum FMTL drawdown since its inception was -22.44%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for FMTL and FDL.
Loading charts...
Drawdown Indicators
| FMTL | FDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.44% | -65.93% | +43.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.27% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.24% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -14.61% | -2.07% | -12.54% |
Average DrawdownAverage peak-to-trough decline | -5.46% | -9.63% | +4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.84% | — |
Volatility
FMTL vs. FDL - Volatility Comparison
Loading charts...
Volatility by Period
| FMTL | FDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.42% | 11.54% | +28.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.42% | 14.31% | +26.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.42% | 17.10% | +23.32% |
FMTL vs. FDL - Expense Ratio Comparison
FMTL has a 0.65% expense ratio, which is higher than FDL's 0.43% expense ratio.
Dividends
FMTL vs. FDL - Dividend Comparison
FMTL's dividend yield for the trailing twelve months is around 1.63%, less than FDL's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.72% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
FMTL First Trust Indxx Critical Metals ETF | 1.63% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FMTL and FDL have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FDL is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FDL is cheaper with a 0.43% expense ratio, compared with 0.65% for FMTL.
FDL has the higher dividend yield at 3.72%, compared with 1.63% for FMTL.
FMTL is categorized as Rare Earth & Strategic Metals, while FDL is Large Cap Value Equities. FMTL tracks Indxx Global Critical Metals Index, while FDL tracks Morningstar Dividend Leaders Index. Their fees differ too: 0.65% for FMTL and 0.43% for FDL.
Find the right allocation for FMTL and FDL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer