Data as of Nov 4, 2026.
FMTL vs NIKL: Holdings Overlap & Returns
FMTL and NIKL hold 0% of their weight in the same names.
askIQ about this page
askIQ about FMTL and NIKL
Net assets: $29m on Nov 3, 2026 for First Trust Indxx Critical Metals ETF, and $38m on Nov 4, 2026 for Sprott Nickel Miners ETF.
12% of FMTL's weight is in S&P 500 companies and 88% is outside the index. Holdings as of Nov 3, 2026.
0% of NIKL's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.
Pair scorecard
FMTL costs 0.10 points a year less; NIKL is 1.3 times larger.
Points (pts) are percentage points.
| Measure | FMTL | NIKL |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | −19.4% |
| Drawdown | ||
| Below its all-time high | 18.5%, high on Aug 25, 2026 | 48.9%, high on Jan 26, 2026 |
| Against its benchmark | ||
| What it tracks | Rare earth and critical materials | Miners and metals |
| Against the S&P 500, 1 year | behind by 34.2 pts | |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | behind by 34.2 pts | |
| Cost and size | ||
| Expense ratio | 0.65% | 0.75% |
| Net assets, as of Nov 3, 2026 | $29m | $38m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, FMTL and NIKL hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | FMTL | NIKL | FMTL | NIKL |
| 3 months | −8.9% | −25.3% | not measured | −25.2 pts vs VOO |
| 6 months | −12.1% | −40.1% | not measured | −45.1 pts vs VOO |
| 1 year | – | −19.4% | – | −34.2 pts vs VOO |
| 3 years | – | −27.4% | – | −110.7 pts vs VOO |
| Since launchNot the same days: FMTL Nov 2025 · NIKL Mar 2023 | +35.8% | −35.6% | not measured | −140.4 pts vs VOO |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
FMTL
By weight, 12% 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 62% of the fund across 46 positions, as published by its issuer for Nov 3, 2026. Since it first traded on Nov 5, 2025 the fund returned +35.8% with distributions reinvested. It sits 18.5% below its all-time high of Aug 25, 2026.
NIKL
By weight, 0% of NIKL'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 73% of the fund across 26 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −19.4% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 34.2 pts. It sits 48.9% below its all-time high of Jan 26, 2026.
Questions people ask
- Do FMTL and NIKL hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, FMTL against NIKL, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fmtl-vs-nikl
ETFIQ. (Nov 4, 2026). FMTL against NIKL. Retrieved from https://etfiq.com/compare/themes/fmtl-vs-nikl
[FMTL against NIKL (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/fmtl-vs-nikl)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.