Franklin FTSE Mexico ETF
$35.58−0.57 (−1.58%)
- Expense ratio
- 0.19%
- Fund size
- $82M
- 1Y return
- +15.4%
- Yield · Last 12 months
- 3.93%
- Holdings
- 42
- Volume · 30D
- 0M sh
- NAV per share
- $35.77
- 52W range
The ETF.net FLMX Grade
Score 68 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 68Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 51Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 58Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 36Category rank
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
- 42
- 66%
- GMEXICOB.MX
Sectors
- Materials26.6%
- Cons. Staples26.3%
- Financials19.5%
- Industrials11.5%
- Communication8.1%
- Real Estate6.8%
- Consumer Discr.1.3%
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.
Returns run to the Sep 22, 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 | +8.9% |
| 1 month | −3.4% |
| 3 months | −2.1% |
| 1 year | +15.4% |
| 3 years | +10.9% |
| 5 years | +12.0% |
| 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 | +8.9% | |
| 2025 | +53.7% | |
| 2024 | −28.5% | |
| 2023 | +39.4% | |
| 2022 | +2.4% | |
| 2021 | +19.6% | |
| 2020 | −3.4% |
FLMX in the news
ETF.net Research hasn’t filed on FLMX yet — coverage lands here as it’s written.
FLMX Dividends
- 3.93%
- $1.42
- $0.72 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jul 6, 2026 | $0.72 |
| Dec 30, 2025 | Jan 8, 2026 | $0.04 |
| Dec 19, 2025 | Dec 29, 2025 | $0.66 |
| Jun 20, 2025 | Jun 27, 2025 | $0.65 |
| Dec 31, 2024 | Jan 9, 2025 | $0.07 |
| Dec 20, 2024 | Dec 30, 2024 | $0.50 |
| Jun 21, 2024 | Jun 28, 2024 | $0.19 |
| Dec 15, 2023 | Dec 26, 2023 | $0.68 |
| Jun 16, 2023 | Jun 27, 2023 | $0.28 |
| Dec 16, 2022 | Dec 22, 2022 | $0.69 |
| Jun 17, 2022 | Jun 28, 2022 | $0.34 |
| Dec 13, 2021 | Dec 21, 2021 | $0.53 |
FLMX Risk
- 20.1%
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.
- 0.39
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
- The middle half of Emerging Markets Single Country funds
- Median 0.59%
No Emerging Markets Single Country fund charges less.