FMTL vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricFMTLSPYWinner
Expense Ratio0.65%0.09%
AUM$25M$789.1B
Dividend Yield0.05%1.01%
Holdings45505
YTD Return+21.73%+14.47%
1Y Return-+21.96%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+13.30%
Volatility (annualized)-15.3%
Max Drawdown-22.4%-56.5%
Fund FamilyFirst Trust Portfolios (US)State Street Investment Management
CategoryEquityEquity
InceptionNov 4, 2025Jan 22, 1993

FMTL vs SPY Performance

First Trust Indxx Critical Metals ETF (FMTL) is a ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, FMTL is up 21.73% versus a gain of 14.47% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -22.4% for FMTL and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

FMTL charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, FMTL currently yields 0.05% against 1.01% for SPY.

Holdings Overlap

0.2%overlap

FMTL and SPY share 2 holdings out of 542 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FMTLWeight in SPYDifference
NEM4.38%0.16%4.22%
KR0.00%0.05%0.05%

Frequently Asked Questions

Which is cheaper, FMTL or SPY?

FMTL has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

What is the holdings overlap between FMTL and SPY?

FMTL and SPY share 2 common holdings with a 0.2% weight overlap. Combined, they hold 542 unique securities.

Which pays a higher dividend, FMTL or SPY?

FMTL yields 0.05% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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