Data as of .
FMTL vs REXC: which is really different?
FMTL and REXC hold 1% of their weight in the same names.
ETFIQ Off-Index Score: REXC 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
1% 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 REXC hold 1% of their money in the same securities at the same weight.
| Holding | FMTL | REXC |
|---|---|---|
| USA Rare Earth, Inc. (Class A) | 0.36% | 6.23% |
| Energy Fuels Inc. | 0.33% | 1.98% |
| Only in FMTL | Only in REXC |
|---|---|
| BHP Group Limited 8.97% | Lynas Rare Earths Ltd. 19.82% |
| Freeport-McMoRan Inc. 8.55% | MP Materials Corp. 19.11% |
| Glencore Plc 7.88% | Sunrise Energy Metals Ltd. 6.05% |
| Anglo American Plc 6.70% | Neo Performance Materials Inc. 5.00% |
| Sumitomo Corporation 5.23% | Iluka Resources Ltd. 4.62% |
| Wheaton Precious Metals Corp. 4.79% | Arafura Rare Earths Ltd. 4.04% |
| Cameco Corporation 4.72% | Lindian Resources Ltd. 3.85% |
| Newmont Corporation 4.63% | Critical Metals Corp. 3.45% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FMTL | REXC | FMTL | REXC | FMTL | REXC | |
| 3 months | +0.7% | −21.8% | −1.5 pts | −24.0 pts | +3.2 pts | −19.3 pts |
| 6 months | +20.3% | not published | +2.3 pts | not published | −3.9 pts | not published |
| Since launch | +50.9% | −22.0% | +37.3 pts | −31.4 pts | +34.7 pts | −35.3 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 | REXC Sprott Rare Earths Ex-China ETF Holds 41 stocks in rare earth and critical materials, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Sprott |
| Theme | Rare earth and critical materials | Rare earth and critical materials |
| In the S&P 500 | 13.2% | 0.0% |
| Active share vs the S&P 500 | 99.7% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 52 | 41 |
| Top ten, share of the fund | 60.6% | 75.3% |
| Expense ratio | 0.65% | 0.65% |
| Fee for the differing part | 0.65% | 0.65% |
| Total return, 1 year | +50.9% (since launch on Nov 5, 2025) | −22.0% (since launch on Apr 15, 2026) |
| vs the S&P 500 | +37.3 pts | −31.4 pts |
| vs the Nasdaq-100 | +34.7 pts | −35.3 pts |
| Below its high | −9.5% | −31.2% |
| Net assets | $30m | $65m |
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.
REXC in plain words
By weight, 0% of REXC'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 75% of the fund across 41 positions, as published by its issuer for Sep 18, 2026. Since it launched on Apr 15, 2026 the fund returned −22.0% with distributions reinvested against +9.4% for the S&P 500, so a holder was behind by 31.4 pts. It sits 31.2% below its all-time high of May 6, 2026.
Questions people ask
- Do FMTL and REXC hold the same stocks?
- By their latest filings, 1% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FMTL or REXC?
- FMTL has 13% of its weight in S&P 500 names and REXC has 0%, so REXC differs more from the index.
- Which is cheaper, FMTL or REXC?
- FMTL charges 0.65% a year and REXC charges 0.65%, so FMTL 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 REXC, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fmtl-vs-rexc Free to use with attribution; the underlying files are at Open data.