{
 "ticker": "FMTL",
 "name": "First Trust Indxx Critical Metals ETF",
 "issuer": "First Trust",
 "desk": "themes",
 "url": "https://etfiq.com/funds/FMTL",
 "html": "https://etfiq.com/funds/FMTL",
 "markdown": "https://etfiq.com/funds/FMTL.md",
 "as_of": "2026-09-11",
 "verdict": "FMTL holds 47 stocks, and 87% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "12.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FMTL, already in the S&P 500: 12.9%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FMTL, active share vs the S&P 500: 99.7%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "60.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FMTL, top ten holdings: 60.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+56.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FMTL, total return, since launch: +56.0%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$26m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "FMTL, net assets: $26m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Oct 30, 2025",
   "as_of": "2026-09-11",
   "sentence": "FMTL, expense ratio: 0.65% (485BPOS XBRL, Oct 30, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Miners and metals",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Nov 5, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "12.9%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.7%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "60.4%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "47",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "BHP Group Limited 8.8%, Glencore Plc 8.3%, Freeport-McMoRan Inc. 8.3%, Anglo American Plc 6.6%, Sumitomo Corporation 5.2%, Cameco Corporation 4.9%, Grupo Mexico, S.A.B. de C.V. (Class B) 4.7%, Wheaton Precious Metals Corp. 4.7%, Newmont Corporation 4.6%, Barrick Mining Corporation 4.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$26m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22126.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Oct 30, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.65%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "ICOP 30%, EMET 28%, COPA 27%, EART 22%, GDX 21%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+5.0%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+1.7 pts",
   "Gap to Nasdaq-100": "+5.8 pts"
  },
  {
   "window": "6 months",
   "Total return": "+14.6%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u22121.4 pts",
   "Gap to Nasdaq-100": "\u22126.1 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+56.0%",
   "S&P 500": "+13.7%",
   "Gap to S&P 500": "+42.3 pts",
   "Gap to Nasdaq-100": "+40.9 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of FMTL is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 13% of FMTL by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does FMTL hold?",
   "a": "47 positions as published by its issuer for Sep 10, 2026, with the top ten at 60% of the fund. The largest are BHP Group Limited at 8.8%, Glencore Plc at 8.3%, Freeport-McMoRan Inc. at 8.3%."
  },
  {
   "q": "Has FMTL beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 FMTL returned +56.0% with distributions reinvested, against +13.7% for the S&P 500, so it finished ahead of the index by 42.2 points."
  },
  {
   "q": "What does FMTL cost?",
   "a": "The prospectus expense ratio is 0.65% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.65%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}