{"url":"https://etfiq.com/compare/themes/fmtl-vs-ring","section":"compare","title":"FMTL vs RING: Holdings Overlap & Returns | ETFIQ","description":"12.4% of FMTL and 17.6% of RING is already in the S&P 500 by weight, as filed, and 20% of the two books are the same names at the same weight.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do FMTL and RING hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 20% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, FMTL or RING?","acceptedAnswer":{"@type":"Answer","text":"FMTL has 12% of its weight in S&P 500 names and RING has 18%, so RING differs more from the index."}},{"@type":"Question","name":"Which is cheaper, FMTL or RING?","acceptedAnswer":{"@type":"Answer","text":"FMTL charges 0.65% a year and RING charges 0.39%, so RING is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"FMTL vs RING","item":"https://etfiq.com/compare/themes/fmtl-vs-ring"}]},{"@type":"WebPage","name":"FMTL vs RING: Holdings Overlap & Returns","description":"12.4% of FMTL and 17.6% of RING is already in the S&P 500 by weight, as filed, and 20% of the two books are the same names at the same weight.","url":"https://etfiq.com/compare/themes/fmtl-vs-ring","dateModified":"2026-11-04","abstract":"FMTL and RING hold 20% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of FMTL and RING","description":"12.4% of FMTL and 17.6% of RING is already in the S&P 500 by weight, as filed, and 20% of the two books are the same names at the same weight.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/fmtl-vs-ring","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":7038,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / FMTL vs RING \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n FMTL vs RING: Holdings Overlap & Returns\n\n FMTL and RING hold 20% of their weight in the same names.\n Copy this for sharing \n \n RING costs 0.26 points a year less; RING is far larger, $2.1bn against $29m.\n FMTL and RING at a glance. As of Nov 4, 2026. Source: ETFIQ. FMTL RING \n Expense ratio 0.65% 0.39% \n Net assets, as of Nov 3, 2026 $29m $2.1bn \n Total return, 1 year not published +28.4% \n What it tracks Rare earth and critical materials Gold miners \n Holdings in common ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, FMTL against RING, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fmtl-vs-ring","a":{"ticker":"FMTL","name":"First Trust Indxx Critical Metals ETF","issuer":"First Trust","desk":"themes","as_of":"2026-11-04","verdict":"From its Nov 5, 2025 launch to Nov 4, 2026, FMTL returned 35.8%.","url":"https://etfiq.com/funds/fmtl","key_facts":[{"label":"Already in the S&P 500","value":"12.4%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"99.7%","as_of":"2026-11-03","source":"ETFIQ"},{"label":"Top ten holdings","value":"61.6%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Total return, since launch","value":"+35.8%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Last payment, ex-date Jun 25, 2026","value":"$0.5139","as_of":"2026-06-25","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$29m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.65%","as_of":"2025-11-05","source":"497 XBRL, Nov 5, 2025"}]},"b":{"ticker":"RING","name":"iShares MSCI Global Gold Miners ETF","issuer":"iShares","desk":"themes","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, RING returned 28.4%, against 15.0% for ACWI.","url":"https://etfiq.com/funds/ring","key_facts":[{"label":"Already in the S&P 500","value":"17.6%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"99.8%","as_of":"2026-11-03","source":"ETFIQ"},{"label":"Top ten holdings","value":"67.5%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Total return, 1 year","value":"+28.4%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"1.6%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid annually), ex-date Jun 15, 2026","value":"$0.5264","as_of":"2026-06-15","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$2.3bn","as_of":"2026-11-04","source":"the issuer\u2019s own daily fund list, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.39%","as_of":"2025-12-19","source":"485BPOS XBRL, Dec 19, 2025"}]},"overlap_pct":20,"full_text_at":"https://etfiq.com/compare/themes/fmtl-vs-ring"}