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
$ 88.7 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 FINANCIERO BANORTE-O | 12.5 % |
| GRUPO MEXICO S.A.B. DE C.V. CLASS B | 12.4 % |
| AMERICA MOVIL SAB DE CV ORDINARY SHARES | 8.4 % |
| FOMENTO ECONOMICO MEXICANO SAB DE CV UNI | 8.3 % |
| WALMART DE MEXICO-SER V | 6.6 % |
| CEMEX SAB-CPO | 5.0 % |
| GRUPO AEROPORTUARIO DEL-B SH | 3.7 % |
| EMBOTELLADORAS ARCA SAB-NOM | 3.6 % |
| INDUSTRIAS PENOLES SAB DE CV | 3.3 % |
| GRUPO AEROPORTUARIO DE SUR-B | 2.5 % |
Constituent Breakdown
| Number of holdings | 39 |
| Herfindahl-Hirschman Index | 616 |
| 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. | 90.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
MEXICO | 90.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 13.0% | 29.3% | 9.4% | 9.1% | 9.5% | -- | -- | 5.1% |
| Dividend Yield | 0.0% | 5.6% | 4.1% | 3.8% | 4.0% | -- | -- | 3.2% |
| Total Returns | 13.0% | 34.9% | 13.4% | 12.9% | 13.5% | -- | -- | 8.2% | Ann. Volatility | 26.2% | 20.9% | 24.7% | 23.0% | 22.0% | -- | -- | 25.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 24% |
| MSCI EAFE | 0.90 | 42% |
| MSCI Emg Mkts | 0.69 | 42% |
Liquidity Measures
| Avg. volume (000) | 13 |
| ADV traded (mns) | $1 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $38.16 |
| Relative strength (RSI) | 52 |
| MACD/Signal | 0.16/0.18 |
| Bollinger Bands (Upper/Lower) | $39.54/$37.18 |
| 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 | 80.7% | +31 bp | -0.5% |
| FLLA | Franklin FTSE Latin America ETF | 25.8% | 0 bp | +1.6% |
| ILF | iShares Latin America 40 ETF | 21.7% | +29 bp | +0.8% |
| FLN | First Trust Latin America AlphaDEX Fund | 18.7% | +61 bp | +1.4% |
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 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
9.1%
ALTAR SCORE™
80th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 217 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.3% and a standard deviation
of 2.2%. FLMX's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places FLMX in the 80th percentile
among funds in the category.
Sell-Side Consensus
$41.76
PRICE TARGET
+8.3%
UPSIDE