
A new ETF that taps into the growing demand for metals powering the future of technology and clean energy.
WHEATON, Ill., November 05, 2025–(BUSINESS WIRE)–First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider with more than $212 billion in ETF assets under management as of September 30, 2025, announced today that it has launched its 300th ETF, the First Trust Indxx Critical Metals ETF (NYSE Arca: FMTL) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Indxx Global Critical Metals Index (the “index”).
“Major efforts are underway to bolster the supply chains of technologies that many of us take for granted,” said Ryan Issakainen, CFA, Senior Vice President and ETF Strategist at First Trust. “We believe companies engaged in developing new sources of critical metals, such as those found in FMTL, may represent an attractive long-term opportunity for investors,” Issakainen said. The fund provides exposure to companies that generate revenue in the U.S. and North America from mining “critical metals”, which are materials identified as having a high risk of supply chain disruption. These critical metals companies may be well-positioned to support the potential growth of the clean energy and technology sectors.
The index employs a rules-based methodology that begins with a universe of securities listed in the United States, as well as in developed and emerging markets (excluding Vietnam) that are members of the Minerals Security Partnership. Securities must meet certain geographic, size, liquidity, price and seasoning requirements. Eligible securities are then classified into one of three sub-themes based on their applications, as defined by the index provider:
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Sustainable Energy Metals: Supporting the production of solar and wind power plants.
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NextGen Mobility Metals: Enabling the production of batteries for electric vehicles.
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Other High Technology Metals: Powering advanced technology industries which are not covered by the other two sub-themes, such as smart phones, digital cameras, computer hard disks, fluorescent and light-emitting diode (LED) lights, flat screen televisions, computer monitors and electronic displays.
The top 50 securities are selected and weighted by free-float market capitalization. The index is reconstituted and rebalanced semi-annually.
“We want to congratulate First Trust on the launch of the First Trust Indxx Global Critical Metals ETF,” said Rahul Sen Sharma, President and Co-CEO at Indxx. “This fund aligns with the increasing global focus on critical metals that enable clean energy, advanced manufacturing, and emerging technologies.”


