REXC vs. FMTL

Last updated Jun 24, 2026

REXC (Sprott Rare Earths Ex-China ETF) and FMTL (First Trust Indxx Critical Metals ETF) are both Rare Earth & Strategic Metals funds - REXC tracks the Nasdaq Sprott Rare Earths Ex-China Index while FMTL tracks the Indxx Global Critical Metals Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

REXC vs. FMTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Rare Earths Ex-China ETF (REXC) and First Trust Indxx Critical Metals ETF (FMTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

REXC

• 1D: -4.04%
• 1M: -6.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

REXC vs. FMTL - Yearly Performance Comparison

	2026 (YTD)
REXC Sprott Rare Earths Ex-China ETF	0.74%
FMTL First Trust Indxx Critical Metals ETF	-8.61%

Correlation

The correlation between REXC and FMTL is 0.73, 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 Apr 15, 2026	0.73

Return for Risk

REXC vs. FMTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Rare Earths Ex-China ETF (REXC) 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

REXC vs. FMTL - Drawdown Comparison

The maximum REXC drawdown since its inception was -21.22%, smaller than the maximum FMTL drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for REXC and FMTL.

Drawdown Indicators

	REXC	FMTL	Difference
Max Drawdown Largest peak-to-trough decline	-21.22%	-22.44%	+1.22%
Current Drawdown Current decline from peak	-13.80%	-12.48%	-1.32%
Average Drawdown Average peak-to-trough decline	-7.18%	-5.34%	-1.84%

Volatility

Volatility by Period

	REXC	FMTL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.79%	40.43%	+13.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.79%	40.43%	+13.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.79%	40.43%	+13.36%

REXC vs. FMTL - Expense Ratio Comparison

Both REXC and FMTL have an expense ratio of 0.65%.

Dividends

REXC vs. FMTL - Dividend Comparison

REXC has not paid dividends to shareholders, while FMTL's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025
FMTL First Trust Indxx Critical Metals ETF	0.05%	0.06%
REXC Sprott Rare Earths Ex-China ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both REXC and FMTL in my portfolio?

REXC and FMTL have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, REXC or FMTL?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, REXC or FMTL?

REXC and FMTL have the same expense ratio: 0.65% per year.

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

FMTL has the higher dividend yield at 0.05%, compared with 0.00% for REXC.

What is the main difference between REXC and FMTL?

REXC tracks Nasdaq Sprott Rare Earths Ex-China Index, while FMTL tracks Indxx Global Critical Metals Index. They also come from different issuers: Sprott and First Trust.