FMTL vs. TDIV
FMTL (First Trust Indxx Critical Metals ETF) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both exchange-traded funds - FMTL is a Rare Earth & Strategic Metals fund tracking the Indxx Global Critical Metals Index, while TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index. Both are passively managed. A 0.56 correlation means they provide meaningful diversification when combined. FMTL charges 0.65%/yr vs 0.50%/yr for TDIV.
Performance
FMTL vs. TDIV - Performance Comparison
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Returns By Period
In the year-to-date period, FMTL achieves a 13.89% return, which is significantly lower than TDIV's 16.59% return.
FMTL
- 1D
- 0.81%
- 1M
- -11.71%
- YTD
- 13.89%
- 6M
- 13.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDIV
- 1D
- -1.49%
- 1M
- -3.82%
- YTD
- 16.59%
- 6M
- 14.89%
- 1Y
- 27.46%
- 3Y*
- 26.67%
- 5Y*
- 16.76%
- 10Y*
- 18.40%
FMTL vs. TDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMTL First Trust Indxx Critical Metals ETF | 13.89% | 21.85% |
TDIV First Trust NASDAQ Technology Dividend Index Fund | 16.59% | -0.83% |
Correlation
The correlation between FMTL and TDIV is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.56 |
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Return for Risk
FMTL vs. TDIV — Risk / Return Rank
FMTL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TDIV
FMTL vs. TDIV - 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 NASDAQ Technology Dividend Index Fund (TDIV). 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 | TDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.24 | — |
| Martin ratioReturn relative to average drawdown | — | 6.59 | — |
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Drawdowns
FMTL vs. TDIV - Drawdown Comparison
The maximum FMTL drawdown since its inception was -22.44%, smaller than the maximum TDIV drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for FMTL and TDIV.
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Drawdown Indicators
| FMTL | TDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.44% | -31.97% | +9.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.31% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.97% | — |
Current DrawdownCurrent decline from peak | -14.61% | -12.31% | -2.30% |
Average DrawdownAverage peak-to-trough decline | -5.46% | -4.86% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.18% | — |
Volatility
FMTL vs. TDIV - Volatility Comparison
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Volatility by Period
| FMTL | TDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.42% | 19.94% | +20.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.42% | 20.97% | +19.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.42% | 20.94% | +19.48% |
FMTL vs. TDIV - Expense Ratio Comparison
FMTL has a 0.65% expense ratio, which is higher than TDIV's 0.50% expense ratio.
Dividends
FMTL vs. TDIV - Dividend Comparison
FMTL's dividend yield for the trailing twelve months is around 1.63%, more than TDIV's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TDIV First Trust NASDAQ Technology Dividend Index Fund | 1.35% | 1.40% | 1.59% | 1.74% | 2.51% | 1.76% | 2.07% | 2.27% | 2.97% | 2.27% | 2.45% | 2.52% |
Frequently Asked Questions
FMTL and TDIV have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TDIV is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDIV is cheaper with a 0.50% expense ratio, compared with 0.65% for FMTL.
FMTL has the higher dividend yield at 1.63%, compared with 1.35% for TDIV.
FMTL is categorized as Rare Earth & Strategic Metals, while TDIV is Technology Equities. FMTL tracks Indxx Global Critical Metals Index, while TDIV tracks NASDAQ Technology Dividend Index. Their fees differ too: 0.65% for FMTL and 0.50% for TDIV.
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