REMX vs. FMTL

Last updated Jun 24, 2026

REMX (VanEck Rare Earth and Strategic Metals ETF) and FMTL (First Trust Indxx Critical Metals ETF) are both Rare Earth & Strategic Metals funds - REMX tracks the MarketVector Global Rare Earth/Strategic Metals Index while FMTL tracks the Indxx Global Critical Metals Index. Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. REMX charges 0.59%/yr vs 0.65%/yr for FMTL.

Performance

REMX vs. FMTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Rare Earth and Strategic Metals ETF (REMX) and First Trust Indxx Critical Metals ETF (FMTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REMX achieves a 24.22% return, which is significantly higher than FMTL's 16.73% return.

REMX

• 1D: -5.62%
• 1M: -5.16%
• YTD: 24.22%
• 6M: 22.61%
• 1Y: 139.49%
• 3Y*: 5.61%
• 5Y*: 4.37%
• 10Y*: 10.09%

FMTL

• 1D: -4.50%
• 1M: -5.43%
• YTD: 16.73%
• 6M: 15.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

REMX vs. FMTL - Yearly Performance Comparison

	2026 (YTD)	2025
REMX VanEck Rare Earth and Strategic Metals ETF	24.22%	17.55%
FMTL First Trust Indxx Critical Metals ETF	16.73%	21.85%

Correlation

The correlation between REMX and FMTL is 0.72, 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	0.72

Return for Risk

REMX vs. FMTL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REMX

REMX Risk / Return Rank: 80
REMX Sharpe Ratio Rank: 88
REMX Sortino Ratio Rank: 72
REMX Omega Ratio Rank: 67
REMX Calmar Ratio Rank: 93
REMX Martin Ratio Rank: 82

FMTL

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

REMX vs. FMTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals ETF (REMX) 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.

	REMX	FMTL	Difference
Sharpe ratio: Return per unit of total volatility	2.81	—	—
Sortino ratio: Return per unit of downside risk	3.10	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	6.01	—	—
Martin ratio: Return relative to average drawdown	15.83	—	—

Drawdowns

REMX vs. FMTL - Drawdown Comparison

The maximum REMX drawdown since its inception was -90.20%, which is greater than FMTL's maximum drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for REMX and FMTL.

Drawdown Indicators

	REMX	FMTL	Difference
Max Drawdown Largest peak-to-trough decline	-90.20%	-22.44%	-67.76%
Max Drawdown (1Y) Largest decline over 1 year	-23.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-62.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-73.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.34%	—	—
Current Drawdown Current decline from peak	-57.95%	-12.48%	-45.47%
Average Drawdown Average peak-to-trough decline	-66.82%	-5.34%	-61.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.85%	—	—

Volatility

Volatility by Period

	REMX	FMTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	37.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	49.97%	40.43%	+9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.71%	40.43%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.16%	40.43%	-3.27%

REMX vs. FMTL - Expense Ratio Comparison

REMX has a 0.59% expense ratio, which is lower than FMTL's 0.65% expense ratio.

Dividends

REMX vs. FMTL - Dividend Comparison

REMX's dividend yield for the trailing twelve months is around 1.42%, more than FMTL's 0.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMTL First Trust Indxx Critical Metals ETF	0.05%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
REMX VanEck Rare Earth and Strategic Metals ETF	1.42%	1.76%	2.56%	0.00%	1.56%	5.25%	0.81%	1.64%	12.43%	2.89%	2.23%	4.77%

Frequently Asked Questions

Can I hold both REMX and FMTL in my portfolio?

REMX and FMTL have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, REMX or FMTL?

On fees, REMX is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, REMX or FMTL?

REMX is cheaper with a 0.59% expense ratio, compared with 0.65% for FMTL.

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

REMX has the higher dividend yield at 1.42%, compared with 0.05% for FMTL.

What is the main difference between REMX and FMTL?

REMX tracks MarketVector Global Rare Earth/Strategic Metals Index, while FMTL tracks Indxx Global Critical Metals Index. They also come from different issuers: VanEck and First Trust. Their fees differ too: 0.59% for REMX and 0.65% for FMTL.