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FLMX
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Franklin FTSE Mexico ETF (FLMX)

Upturn stock ratingUpturn stock rating
$29.86
Last Close (24-hour delay)
Profit since last BUY9.34%
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Consider higher Upturn Star rating
BUY since 79 days
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Upturn Advisory Summary

08/14/2025: FLMX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 0.37%
Avg. Invested days 53
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 1.04
52 Weeks Range 22.34 - 29.99
Updated Date 06/29/2025
52 Weeks Range 22.34 - 29.99
Updated Date 06/29/2025

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Franklin FTSE Mexico ETF

stock logo

ETF Overview

overview logo Overview

The Franklin FTSE Mexico ETF (FLMX) seeks to track the investment results of the FTSE Mexico RIC Capped Index, providing exposure to large and mid-sized companies in Mexico. It primarily invests in Mexican equities, aiming for a diversified representation of the market. This ETF is designed for investors seeking targeted access to the Mexican economy.

reliability logo Reputation and Reliability

Franklin Templeton is a well-established global investment management firm with a long track record of providing various investment products, including ETFs.

reliability logo Management Expertise

Franklin Templeton has extensive experience managing international equity portfolios and employs a team of experienced professionals to oversee its ETF offerings.

Investment Objective

overview logo Goal

To track the investment results of the FTSE Mexico RIC Capped Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, seeking to replicate the performance of the FTSE Mexico RIC Capped Index.

Composition The ETF primarily holds stocks of large and mid-sized companies domiciled in Mexico.

Market Position

Market Share: FLMX holds a notable, but not dominant, market share in the Mexico-focused ETF market.

Total Net Assets (AUM): 227580000

Competitors

overview logo Key Competitors

  • iShares MSCI Mexico ETF (EWW)
  • Amplify Mexico ETF (MXRF)

Competitive Landscape

The Mexico-focused ETF market is dominated by EWW. FLMX offers a slightly different index with potentially different sector weightings and capping methodology. The competitive advantages of FLMX include a lower expense ratio when compared to some of its competitors, while a disadvantage would be its lower AUM compared to EWW. MXRF is a new market participant offering high dividend yield strategy.

Financial Performance

Historical Performance: Historical performance data is readily available from financial data providers, but specific numbers would require real-time data fetching.

Benchmark Comparison: The ETF's performance should closely track the performance of the FTSE Mexico RIC Capped Index, subject to tracking error and expense ratios.

Expense Ratio: 0.19

Liquidity

Average Trading Volume

The ETF's average trading volume indicates reasonable liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is typically tight, reflecting decent liquidity, but can widen during periods of market volatility.

Market Dynamics

Market Environment Factors

Economic growth in Mexico, global trade policies affecting Mexico, interest rate movements by the Bank of Mexico, and political stability all impact FLMX.

Growth Trajectory

The ETF's growth depends on investor sentiment towards Mexican equities and overall economic conditions in Mexico; changes in the underlying index composition may occur periodically.

Moat and Competitive Advantages

Competitive Edge

FLMX benefits from Franklin Templeton's brand recognition and distribution network. Its competitive edge also includes a competitive expense ratio, offering cost-effective access to the Mexican equity market. The ETF's performance is closely tied to the underlying index, making it a suitable choice for investors seeking passive exposure. However, it faces stiff competition from larger, more established ETFs in the same space. Ultimately, its success depends on attracting investors who prefer its specific index methodology and lower fees.

Risk Analysis

Volatility

The ETF's volatility is linked to the volatility of the Mexican equity market and emerging market risks.

Market Risk

Risks include currency risk (fluctuations in the Mexican Peso), political risk (changes in Mexican government policies), and economic risk (recessions or economic slowdowns in Mexico).

Investor Profile

Ideal Investor Profile

The ideal investor is one seeking targeted exposure to the Mexican equity market, potentially as part of a broader emerging markets allocation.

Market Risk

This ETF is suitable for long-term investors seeking passive exposure to Mexican equities, but it may also appeal to active traders looking to express short-term views on the Mexican market.

Summary

The Franklin FTSE Mexico ETF provides a cost-effective way to gain exposure to the Mexican equity market. Its passive strategy aims to replicate the FTSE Mexico RIC Capped Index. Potential investors should consider the risks associated with emerging markets and currency fluctuations. FLMX is suitable for investors who want a diversified investment portfolio in Mexico. Given its relatively small size, liquidity should also be monitored.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Franklin Templeton website
  • ETF.com
  • Yahoo Finance
  • Bloomberg

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Consult with a qualified financial advisor before making any investment decisions. Market data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Franklin FTSE Mexico ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Mexico Capped Index and in depositary receipts representing such securities. The FTSE Mexico Capped Index is based on the FTSE Mexico Index and is designed to measure the performance of Mexican large- and mid-capitalization stocks. The fund is non-diversified.