WDIG vs. FMTL

Last updated Jun 24, 2026

WDIG (WisdomTree Efficient Rare Earth Plus Strategic Metals Fund) and FMTL (First Trust Indxx Critical Metals ETF) are both Rare Earth & Strategic Metals funds. WDIG is actively managed, while FMTL is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. WDIG charges 0.55%/yr vs 0.65%/yr for FMTL.

Performance

WDIG vs. FMTL - Performance Comparison

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

Returns By Period

WDIG

• 1D: -7.79%
• 1M: -12.59%
• 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)

WDIG vs. FMTL - Yearly Performance Comparison

	2026 (YTD)
WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund	-19.33%
FMTL First Trust Indxx Critical Metals ETF	-8.38%

Correlation

The correlation between WDIG and FMTL is 0.94, 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 May 7, 2026	0.94

Return for Risk

WDIG vs. FMTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Rare Earth Plus Strategic Metals Fund (WDIG) 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

WDIG vs. FMTL - Drawdown Comparison

The maximum WDIG drawdown since its inception was -22.59%, roughly equal to the maximum FMTL drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for WDIG and FMTL.

Drawdown Indicators

	WDIG	FMTL	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-22.44%	-0.15%
Current Drawdown Current decline from peak	-21.17%	-12.48%	-8.69%
Average Drawdown Average peak-to-trough decline	-9.94%	-5.34%	-4.60%

Volatility

Volatility by Period

	WDIG	FMTL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	62.13%	40.43%	+21.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.13%	40.43%	+21.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.13%	40.43%	+21.70%

WDIG vs. FMTL - Expense Ratio Comparison

WDIG has a 0.55% expense ratio, which is lower than FMTL's 0.65% expense ratio.

Dividends

WDIG vs. FMTL - Dividend Comparison

WDIG 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%
WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both WDIG and FMTL in my portfolio?

With a correlation of 0.94, WDIG 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, WDIG or FMTL?

On fees, WDIG is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDIG or FMTL?

WDIG is cheaper with a 0.55% expense ratio, compared with 0.65% for FMTL.

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

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

What is the main difference between WDIG and FMTL?

They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.55% for WDIG and 0.65% for FMTL.