FMTL vs. MINY

Last updated Jun 26, 2026

FMTL (First Trust Indxx Critical Metals ETF) and MINY (YieldMax Strategic Metals & Mining Portfolio Option Income ETF) are both Rare Earth & Strategic Metals funds. FMTL is passively managed, while MINY is actively managed. Their correlation of 0.93 suggests significant overlap in exposure. FMTL charges 0.65%/yr vs 1.01%/yr for MINY.

Performance

FMTL vs. MINY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Critical Metals ETF (FMTL) and YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FMTL

• 1D: 0.81%
• 1M: -11.71%
• YTD: 13.89%
• 6M: 13.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MINY

• 1D: 0.61%
• 1M: -9.02%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FMTL vs. MINY - Yearly Performance Comparison

	2026 (YTD)
FMTL First Trust Indxx Critical Metals ETF	-13.50%
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	-15.52%

Correlation

The correlation between FMTL and MINY is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 27, 2026	0.93

Return for Risk

FMTL vs. MINY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Critical Metals ETF (FMTL) and YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

FMTL vs. MINY - Drawdown Comparison

The maximum FMTL drawdown since its inception was -22.44%, which is greater than MINY's maximum drawdown of -19.23%. Use the drawdown chart below to compare losses from any high point for FMTL and MINY.

Drawdown Indicators

	FMTL	MINY	Difference
Max Drawdown Largest peak-to-trough decline	-22.44%	-19.23%	-3.21%
Current Drawdown Current decline from peak	-14.61%	-16.09%	+1.48%
Average Drawdown Average peak-to-trough decline	-5.46%	-9.19%	+3.73%

Volatility

Volatility by Period

	FMTL	MINY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.42%	36.36%	+4.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.42%	36.36%	+4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.42%	36.36%	+4.06%

FMTL vs. MINY - Expense Ratio Comparison

FMTL has a 0.65% expense ratio, which is lower than MINY's 1.01% expense ratio.

Dividends

FMTL vs. MINY - Dividend Comparison

FMTL's dividend yield for the trailing twelve months is around 1.63%, less than MINY's 10.94% yield.

Position	TTM	2025
FMTL First Trust Indxx Critical Metals ETF	1.63%	0.06%
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	10.94%	0.00%

Frequently Asked Questions

Can I hold both FMTL and MINY in my portfolio?

With a correlation of 0.93, FMTL and MINY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, FMTL or MINY?

On fees, FMTL is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FMTL or MINY?

FMTL is cheaper with a 0.65% expense ratio, compared with 1.01% for MINY.

Which ETF pays a higher dividend yield, FMTL or MINY?

MINY has the higher dividend yield at 10.94%, compared with 1.63% for FMTL.

What is the main difference between FMTL and MINY?

They also come from different issuers: First Trust and YieldMax. Their fees differ too: 0.65% for FMTL and 1.01% for MINY.