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ETFs

Franklin FTSE Mexico ETF

FLMX
$—
Today’s Change
— (—)

Snapshot
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Inception Date
Nov 3, 2017
Expense Ratio
0.19%
Type
Global Ex. US Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$551,872
AUM
$31,258,500
Associated Index
FTSE Mexico Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

GFNORTEO
Grupo Financiero Banorte - Ordinary Shares - Class O
11.82%
AMXB
America Movil S.A.B.DE C.V. - Ordinary Shares - Class B
9.76%
WALMEX
Wal-mart de Mexico S A B de C V
9.67%
FEMSAUBD
Fomento Economico Mexicano S.A.B. de C.V. - Units (Rep. 1 Series B & 4 Series D Shares)
9.63%
GMEXICOB
Grupo Mexico S.A. - Ordinary Shares - Class B
7.29%
BIMBOA
Grupo Bimbo S.A.B. DE C.V - Ordinary Shares - Class A
4.38%
CEMEXCPO
Cemex S.A.B. De C.V. - CPO
4.12%
GAPB
Grupo Aeroportuario Del Pacifico SAB de CV - Ordinary Shares - Class B
3.32%
ASURB
Grupo Aeroportuario Del Sureste S.A. - Ordinary Shares - Class B
2.84%
FUNO11
Fibra Uno Administracion S.A. De C.V. - Units
2.7%
Invest with FLMX
Trade FLMX Options

What is FLMX?

Franklin FTSE Mexico ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Mexico Capped Index. FTSE Mexico Capped Index is a market-capitalization weighted index representing the performance of Mexican large and mid capitalization stocks.

1M
3M
6M
YTD
1Y
3Y
Max
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FLMX
Performance Measures**

for the time period Nov 6, 2017 to Dec 4, 2025

Returns

1M Trailing Return: 4.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -50.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 24.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.39

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.14

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFLMX

ETFs correlated to FLMX include EWW, EMXC, VYMI

FLMX
Franklin Templeton ETF Trust - Franklin FTSE Mexico ETF
EWW
BlackRock Institutional Trust Company N.A. - iShares MSCI Mexico ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FLMX is a Global Ex. US Equities ETF. Franklin FTSE Mexico ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Mexico Capped Index. FTSE Mexico Capped Index is a market-capitalization weighted index representing the performance of Mexican large and mid capitalization stocks.

FLMX tracks the FTSE Mexico Capped Index.

No, FLMX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FLMX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FLMX is -0.0571%. This is the percent change in the value of FLMX over the most recent 1-month period. The 3-month return on FLMX is -0.0464%. This is the percent change in the value of FLMX over the most recent 3-month period.

The standard deviation of FLMX for the past year is 0.2029%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FLMX include EWZ, EWT, and EWJ.

ETFs correlated to FLMX include EWW, EMXC, and VYMI.

ETFs that are inversely correlated to FLMX include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.