FMTL vs SLX
First Trust Indxx Critical Metals ETF against VanEck Steel ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
18%
3 shared positions
Fee gap
10 bp
SLX is cheaper
1-year return gap
6.5 pts
FMTL is ahead
Larger fund
SLX
$146M
Side by side
| FMTL | SLX | |
|---|---|---|
| Fund | First Trust Indxx Critical Metals ETF | VanEck Steel ETF |
| Issuer | First Trust | VanEck |
| Category | Metals & Mining | Metals & Mining |
| Expense ratio | 0.65% | 0.55% |
| Assets | $32M | $146M |
| Average daily dollar volume | $301K | $1.2M |
| Listed | Nov 4, 2025 | Oct 10, 2006 |
| FrenzyCap score | 26 | 45 |
| 1-month return | −8.5% | −5.5% |
| 3-month return | −12.7% | −12.5% |
| Year to date | +8.5% | +13.5% |
| 1-year return | +31.4% | +24.8% |
| 30-day volatility | 31.3% | 21.3% |
| Worst drawdown, 1 year | −22.4% | −16.4% |
| Trailing 12-month yield | 1.68% | 1.37% |
| Holdings | 52 | 41 |
| Top 10 weight | 61.9% | 56.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | +13.7% |
| Holdings above 200-day average | — | 34% |
| Net flow, latest 3 reported months | +$5.3M thru Jun 2026 | +$13M thru Jun 2026 |
| 30-day implied volatility | — | 34.5% |
| Holdings as of | as of Nov 6, 2026issuer data | as of Nov 5, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
20% of FMTL · 20% of SLX
Sector mix of the stock holdings
| Sector | FMTL | SLX | Gap |
|---|---|---|---|
| Materials | 43.6% | 53.9% | −10.3% |
| Industrials | 0.0% | 5.4% | −5.4% |
| Financials | 0.7% | 0.0% | +0.7% |
More: full overlap table · FMTL holdings · SLX holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.