Data as of .
FMTL vs GDMN: which is really different?
FMTL and GDMN hold 21% of their weight in the same names.
ETFIQ Off-Index Score: GDMN scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
21% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FMTL and GDMN hold 21% of their money in the same securities at the same weight.
| Holding | FMTL | GDMN |
|---|---|---|
| Newmont Corporation | 4.63% | 12.40% |
| Barrick Mining Corporation | 4.56% | 8.21% |
| Wheaton Precious Metals Corp. | 4.79% | 4.31% |
| AngloGold Ashanti plc | 4.25% | 6.25% |
| Compania de Minas Buenaventura S.A.A. (ADR) | 1.03% | 1.59% |
| SSR Mining Inc. | 0.87% | 1.25% |
| Centerra Gold Inc. | 0.54% | 0.70% |
| Only in FMTL | Only in GDMN |
|---|---|
| BHP Group Limited 8.97% | AGNICO EAGLE MINES LTD 7.93% |
| Freeport-McMoRan Inc. 8.55% | KINROSS GOLD CORP 5.78% |
| Glencore Plc 7.88% | GOLD FIELDS LTD 4.79% |
| Anglo American Plc 6.70% | FRANCO-NEVADA CORP 3.93% |
| Sumitomo Corporation 5.23% | PAN AMERICAN SILVER CORP 3.93% |
| Cameco Corporation 4.72% | EVOLUTION MINING LTD 3.11% |
| Grupo Mexico, S.A.B. de C.V. (Class B) 4.55% | ALAMOS GOLD INC 3.06% |
| Teck Resources Limited (Class B) 3.63% | NORTHERN STAR RESOURCES LTD 2.94% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FMTL | GDMN | FMTL | GDMN | FMTL | GDMN | |
| 3 months | +0.7% | +13.8% | −1.5 pts | +11.5 pts | +3.2 pts | +16.3 pts |
| 6 months | +20.3% | +8.7% | +2.3 pts | −9.4 pts | −3.9 pts | −15.6 pts |
| 1 year | not published | +40.2% | not published | +23.7 pts | not published | +18.5 pts |
| 3 years | not published | +381.8% | not published | +303.4 pts | not published | +283.6 pts |
| Since launch | +50.9% | +342.7% | +37.3 pts | +268.0 pts | +34.7 pts | +250.7 pts |
| FMTL First Trust Indxx Critical Metals ETF Holds 52 stocks in rare earth and critical materials, 13% of its weight in S&P 500 companies | GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Holds 54 stocks in gold miners, 12% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | WisdomTree |
| Theme | Rare earth and critical materials | Gold miners |
| In the S&P 500 | 13.2% | 12.4% |
| Active share vs the S&P 500 | 99.7% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 52 | 54 |
| Top ten, share of the fund | 60.6% | 60.6% |
| Expense ratio | 0.65% | 0.45% |
| Fee for the differing part | 0.65% | 0.45% |
| Total return, 1 year | +50.9% (since launch on Nov 5, 2025) | +40.2% |
| vs the S&P 500 | +37.3 pts | +23.7 pts |
| vs the Nasdaq-100 | +34.7 pts | +18.5 pts |
| Below its high | −9.5% | −33.8% |
| Net assets | $30m | $223m |
FMTL in plain words
By weight, 13% of FMTL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 61% of the fund across 52 positions, as published by its issuer for Sep 18, 2026. Since it launched on Nov 5, 2025 the fund returned +50.9% with distributions reinvested against +13.6% for the S&P 500, so a holder was ahead by 37.2 pts. It sits 9.5% below its all-time high of Aug 25, 2026.
GDMN in plain words
By weight, 12% of GDMN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 61% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +40.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.7 pts. It sits 33.8% below its all-time high of Jan 28, 2026.
Questions people ask
- Do FMTL and GDMN hold the same stocks?
- By their latest filings, 21% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FMTL or GDMN?
- FMTL has 13% of its weight in S&P 500 names and GDMN has 12%, so GDMN differs more from the index.
- Which is cheaper, FMTL or GDMN?
- FMTL charges 0.65% a year and GDMN charges 0.45%, so GDMN is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FMTL against GDMN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fmtl-vs-gdmn Free to use with attribution; the underlying files are at Open data.