FLMX
Franklin FTSE Mexico ETF
The Franklin FTSE Mexico ETF tracks a market-cap-selected and -weighted index of Mexican equities.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
$ 88.4 M
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Inception date | Nov 03, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| GRUPO MEXICO S.A.B. DE C.V. CLASS B | 12.0 % |
| GRUPO FINANCIERO BANORTE-O | 11.9 % |
| FOMENTO ECONOMICO MEXICANO SAB DE CV UNI | 7.9 % |
| CEMEX SAB-CPO | 7.8 % |
| AMERICA MOVIL SAB DE CV ORDINARY SHARES | 7.3 % |
| WALMART DE MEXICO-SER V | 4.3 % |
| INDUSTRIAS PENOLES SAB DE CV | 3.8 % |
| GRUPO AEROPORTUARIO DEL-B SH | 3.6 % |
| EMBOTELLADORAS ARCA SAB-NOM | 3.4 % |
| GRUPO AEROPORTUARIO DE SUR-B | 2.7 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 581 |
| Wgt avg mkt cap (mns) | $20,682 |
| Large cap (>$10bn) | 57.6% |
| Mid cap ($2-10bn) | 27.0% |
| Small cap (<$2bn) | 1.4% |
| Developed mkts. | 90.4% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
MEXICO | 90.4 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.5% | 46.7% | 3.9% | 7.8% | 10.6% | -- | -- | 4.7% |
| Dividend Yield | 0.0% | 6.4% | 3.9% | 3.8% | 4.0% | -- | -- | 3.2% |
| Total Returns | 8.5% | 53.0% | 7.8% | 11.5% | 14.6% | -- | -- | 7.9% | Ann. Volatility | 30.0% | 24.4% | 24.5% | 22.9% | 21.9% | -- | -- | 25.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.63 | 25% |
| MSCI EAFE | 0.93 | 45% |
| MSCI Emg Mkts | 0.80 | 44% |
Liquidity Measures
| Avg. volume (000) | 15 |
| ADV traded (mns) | $1 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $37.64 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.38/0.41 |
| Bollinger Bands (Upper/Lower) | $39.88/$35.76 |
| Short interest (% of AUM) | 3.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FLMX |
Expenses vs. FLMX |
ALTAR Score™ vs. FLMX |
|---|---|---|---|---|
| EWW | iShares MSCI Mexico ETF | 79.4% | +31 bp | -0.5% |
| FLLA | Franklin FTSE Latin America ETF | 28.1% | 0 bp | +0.8% |
| JIVE | JPMorgan International Value ETF | 23.9% | +36 bp | -0.3% |
| ILF | iShares Latin America 40 ETF | 20.2% | +29 bp | +0.1% |
| FLN | First Trust Latin America AlphaDEX Fund | 18.0% | +61 bp | +0.5% |
Risk and Returns: FLMX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/30/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
9.5%
ALTAR SCORE™
79th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 202 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.8% and a standard deviation
of 2.3%. FLMX's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places FLMX in the 79th percentile
among funds in the category.
Sell-Side Consensus
$42.03
PRICE TARGET
+14.1%
UPSIDE