MINY vs. FMTL

Last updated Jun 27, 2026

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

Performance

MINY vs. FMTL - Performance Comparison

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

Returns By Period

MINY

• 1D: -0.71%
• 1M: -8.85%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMTL

• 1D: -0.30%
• 1M: -9.94%
• YTD: 13.54%
• 6M: 11.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MINY vs. FMTL - Yearly Performance Comparison

	2026 (YTD)
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	-16.12%
FMTL First Trust Indxx Critical Metals ETF	-13.76%

Correlation

The correlation between MINY and FMTL 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

MINY vs. FMTL - Risk-Adjusted Trends Comparison

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

MINY vs. FMTL - Drawdown Comparison

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

Drawdown Indicators

	MINY	FMTL	Difference
Max Drawdown Largest peak-to-trough decline	-19.23%	-22.44%	+3.21%
Current Drawdown Current decline from peak	-16.69%	-14.87%	-1.82%
Average Drawdown Average peak-to-trough decline	-9.28%	-5.52%	-3.76%

Volatility

Volatility by Period

	MINY	FMTL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.15%	40.29%	-4.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.15%	40.29%	-4.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.15%	40.29%	-4.14%

MINY vs. FMTL - Expense Ratio Comparison

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

Dividends

MINY vs. FMTL - Dividend Comparison

MINY's dividend yield for the trailing twelve months is around 11.02%, more than FMTL's 1.63% yield.

Position	TTM	2025
FMTL First Trust Indxx Critical Metals ETF	1.63%	0.06%
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	11.02%	0.00%

Frequently Asked Questions

Can I hold both MINY and FMTL in my portfolio?

With a correlation of 0.93, MINY and FMTL 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, MINY or FMTL?

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, MINY or FMTL?

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

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

MINY has the higher dividend yield at 11.02%, compared with 1.63% for FMTL.

What is the main difference between MINY and FMTL?

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