Franklin FTSE Mexico ETF
$35.42−0.05 (−0.14%)
- 0.19%
- $82M
- +17.5%
- 4.00%
- 0M sh
- $35.53
- low $31.56high $40.03
The ETF.net FLMX Grade
B
Score 69 out of 100
- 2 of 22
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A100 out of 100Rank 1 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 2 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 11 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 12 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 9 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D36 out of 100Rank 17 of 22
Our read on FLMX
BMexico exposure at a discount. Franklin's tracker charges 0.19%, a fraction of what single-country emerging-market funds usually cost, and holds a compact basket of the country's largest listed companies.
The Fund seeks to track the performance of the FTSE Mexico Capped Index before fees and expenses through an indexing strategy, investing at least 80% of assets in index components or related exposure.
Why people hold it
- At 0.19%, one of the cheapest wrappers for Mexican equities: well under the roughly 0.59% median in its single-country EM cohort, and under EWW's 0.50%.
- Plain, rules-based mandate: it tracks the FTSE Mexico Capped Index, keeping at least 80% of assets in index components or related exposure. No manager guesswork.
- The index is a capped one, which limits how much of the portfolio any single Mexican mega-cap can occupy.
- Live since 2017 and, on our review, one of the stronger implementations among single-country emerging-market funds.
Worth knowing
- Thinly traded. Spreads can run wider than at the category's busiest funds, which adds to the real cost of getting in and out beyond the headline fee.
- One country, roughly 40 stocks. Concentration is the point, but it means Mexican policy, oil and peso moves all land straight in a dollar-based return.
- Income arrives quarterly, not monthly.
FLMX Holdings
- Stocks
- 39
- 66%
- GMEXICOB.MX
Sectors
- Consumer Staples27.2%
- Materials26.7%
- Financials19.0%
- Industrials11.2%
- Communication8.3%
- Real Estate6.3%
- Consumer Discretionary1.3%
Geography
- Mexico100.00%
Developed 0% · Emerging 100%
FLMX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FLMX$11,749
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLMX |
|---|---|
| Year to date | +6.9% |
| 1 month | −3.0% |
| 3 months | −2.8% |
| 1 year | +17.5% |
| 3 years | +13.2% |
| 5 years | +12.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLMX |
|---|---|---|
| 2026 YTD | +6.9% | |
| 2025 | +53.7% | |
| 2024 | −28.5% | |
| 2023 | +39.4% | |
| 2022 | +2.4% | |
| 2021 | +19.6% | |
| 2020 | −3.4% |
FLMX in the news
FLMX Dividends
- 4.00%
- $1.42
- $0.72 per share
- Twice a year
Distribution history
FLMX Risk
- 20.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −31.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLMX Cost
0.19%
FLMX0.19%
- The middle half of Emerging Markets Single Country funds
- Median 0.59%
No Emerging Markets Single Country fund charges less.
Other funds in Emerging Markets Single Country
- AEWWiShares MSCI Mexico ETFExpense ratio 0.50%1 year return +17.7%
- BEPOLiShares MSCI Poland ETFExpense ratio 0.59%1 year return +44.0%
- BEWMiShares MSCI Malaysia ETFExpense ratio 0.50%1 year return +9.7%
- BECHiShares MSCI Chile ETFExpense ratio 0.59%1 year return +22.2%
- BEZAiShares MSCI South Africa ETFExpense ratio 0.59%1 year return +8.5%