Do FMTL and PICK hold the same stocks?

By their latest filings, 37% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, FMTL or PICK?

FMTL has 12% of its weight in S&P 500 names and PICK has 13%, so FMTL differs more from the index.

Which is cheaper, FMTL or PICK?

FMTL charges 0.65% a year and PICK charges 0.39%, so PICK is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

FMTL vs PICK: Holdings Overlap & Returns

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FMTL and PICK hold 37% of their weight in the same names.

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askIQ about FMTL and PICK

Net assets on Nov 3, 2026: $29m for First Trust Indxx Critical Metals ETF and $2.1bn for iShares MSCI Global Metals & Mining Producers ETF.

FMTL on its own →PICK on its own →

At a glance

12.4%

FMTL in the S&P 500

12.8%

PICK in the S&P 500

+35.8%

FMTL total return, since launch, Nov 5, 2025

+28.0%

PICK total return, 1 year

FMTL · 6 months to Nov 4, 2026 88% of its weight is outside the S&P 500

12% of FMTL's weight is in S&P 500 companies and 88% is outside the index. Holdings as of Nov 3, 2026.

PICK · 1 year to Nov 4, 2026 87% of its weight is outside the S&P 500

13% of PICK's weight is in S&P 500 companies and 87% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

PICK costs 0.26 points a year less; PICK is far larger, $2.1bn against $29m.

Points (pts) are percentage points.

FMTL vs PICK: Holdings Overlap & Returns
Measure	FMTL	PICK
Return
Measure	FMTL	PICK
Total return, 1 year	not published	+28.0%
Drawdown
Measure	FMTL	PICK
Below its all-time high	18.5%, high on Aug 25, 2026	18.4%, high on Jun 2, 2026
Against its benchmark
Measure	FMTL	PICK
What it tracks	Rare earth and critical materials	Miners and metals
Its benchmark, total return, 1 year		+15.0%
Against its benchmark, 1 year		ahead by 13.0 pts
Cost and size
Measure	FMTL	PICK
Expense ratio	0.65%	0.39%
Net assets, as of Nov 3, 2026	$29m	$2.1bn
Holdings
Measure	FMTL	PICK
Holdings in common	37%

Method

Risk and return

Nov 14, 2025 to Oct 30, 2026 · 50 weekly returns

FMTL PICK

Return

Total return edge FMTL +24.6% +21.5%

Price return edge FMTL +22.6% +18.6%

Risk

Max drawdown edge PICK −22.1% −19.4%

Reading

From Nov 2025 to Oct 2026, FMTL returned more: +24.6% to +21.5%. PICK fell less at its worst: −19.4% to −22.1%.

Full scorecard

3 measures, with how each is measured Open ↓

Risk and return: FMTL vs PICK: Holdings Overlap & Returns
Measure	FMTL	PICK	Edge	How it is measured
Return
Total return	+24.6%	+21.5%	FMTL	Price change plus distributions, reinvested.
Price return	+22.6%	+18.6%	FMTL	Price change alone, distributions left out.
Risk
Max drawdown	−22.1%	−19.4%	PICK	Deepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 50 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

37%

By the books each fund has filed, FMTL and PICK hold 37% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

37% in common

Positions both hold · largest shared weight first FMTL PICK

BHP Group Limited 8.22% 13.95%

Freeport-McMoRan Inc. 7.74% 6.19%

Rio Tinto Plc 7.83% 6.07%

Glencore Plc 4.51% 4.43%

Anglo American Plc 6.31% 3.69%

Valterra Platinum Limited 2.15% 1.24%

Antofagasta Plc 1.65% 1.01%

South32 Limited 1.63% 0.94%

Hindalco Industries Limited 1.64% 0.87%

Alcoa Corporation 1.26% 0.73%

JX Advanced Metals Corporation 1.24% 0.70%

KGHM Polska Miedz S.A. 1.16% 0.68%

Only in one fund ↓

Only in FMTL

Grupo Mexico, S.A.B. de C.V. (Class B) 8.26%

Sumitomo Corporation 4.89%

Newmont Corporation 4.66%

Barrick Mining Corporation 4.64%

AngloGold Ashanti plc 4.50%

Wheaton Precious Metals Corp. 4.36%

Vale S.A. (ADR) 4.10%

Cameco Corporation 3.84%

Only in PICK

NUCOR 4.24%

CIA VALE DO RIO DOCE SH 2.80%

RIO TINTO 2.63%

GRUPO MEXICO B 2.44%

STEEL DYNAMICS INC 2.37%

TECK RESOURCES SUBORDINATE VOTING 1.97%

ARCELORMITTAL SA 1.80%

RELIANCE STEEL & ALUMINUM 1.58%

Check overlap with more funds →

Window by window

Window by window: FMTL vs PICK: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	FMTL	PICK	FMTL	PICK
3 months	−8.9%	−11.8%	not measured	−10.5 pts vs ACWI
6 months	−12.1%	−12.8%	not measured	−15.4 pts vs ACWI
1 year	–	+28.0%	–	+13.0 pts vs ACWI
3 years	–	+57.0%	–	−20.6 pts vs ACWI
Since launchNot the same days: FMTL Nov 2025 · PICK Feb 2012	+35.8%	+93.0%	not measured	−274.7 pts vs ACWI

– means no data for this window. Open this comparison in the app →

Side by side

FMTL First Trust Indxx Critical Metals ETF · Holds 46 stocks in rare earth and critical materials, 12% of its weight in S&P 500 companies PICK iShares MSCI Global Metals & Mining Producers ETF · Holds 259 stocks in miners and metals, 13% of its weight in S&P 500 companies

Issuer First Trust iShares

Theme Rare earth and critical materials Miners and metals

In the S&P 500 12.4% 12.8%

Active share vs the S&P 500 99.7% 99.7%

In the Nasdaq-100 0.0% 0.0%

Holdings 46 259

Top ten, share of the fund 61.6% 48.8%

Expense ratio 0.65% 0.39%

Fee for the differing part 0.65% 0.39%

Total return, 1 year +35.8% (since launch, Nov 5, 2025) +28.0%

vs its benchmark not measured +13.0 pts vs ACWI

Below its high −18.5% −18.4%

Net assets, as of Nov 3, 2026 $29m $2.1bn

As of Nov 4, 2026. Source: ETFIQ.

37% of the two portfolios are the same securities at the same weight.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for FMTL.

Alert

About each fund

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.

PICK

By weight, 13% of PICK'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 49% of the fund across 259 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +28.0% with distributions reinvested against +15.0% for its benchmark, the MSCI All Country World Index, so a holder was ahead by 13.0 pts. It sits 18.4% below its all-time high of Jun 2, 2026.

Questions people ask

Do FMTL and PICK hold the same stocks?: By their latest filings, 37% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FMTL or PICK?: FMTL has 12% of its weight in S&P 500 names and PICK has 13%, so FMTL differs more from the index.
Which is cheaper, FMTL or PICK?: FMTL charges 0.65% a year and PICK charges 0.39%, so PICK is cheaper. Fees come from each fund's prospectus.

Other comparisons

FMTL vs XME FMTL vs GOAU FMTL vs METL FMTL vs NIKL PICK vs WDIG PICK vs SETM PICK vs REMX PICK vs ISTM

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →FMTL on its own →PICK on its own →FMTL dividend history →FMTL holdings →PICK dividend history →PICK holdings →Method →Standards and sources →

Sources and dates

FMTL filings on SEC EDGAR ↗

FMTL prospectus with the expense ratio (SEC) ↗

First Trust page for FMTL ↗

PICK filings on SEC EDGAR ↗

PICK prospectus with the expense ratio (SEC) ↗

iShares page for PICK ↗

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 PICK, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fmtl-vs-pick

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.