- ISIN
- US35473P7362
- CUSIP
- 35473P736
- Issuer
- Franklin Templeton
- Inception Date
- Nov 3, 2017
- Region
- Latin America (Mexico)
- Category
- Latin America Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- FTSE Mexico RIC Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $88M
Share Price Chart
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Performance
FLMX Performance Chart
Franklin FTSE Mexico ETF (FLMX) is up 11.2% since the beginning of the year. FLMX is currently trading at $38 per share. Investors who bought $1,000 worth of FLMX shares 5 years ago would now be looking at an investment worth $1,875.
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Returns By Period
Franklin FTSE Mexico ETF (FLMX) has returned 11.16% so far this year and 35.02% over the past 12 months.
Franklin FTSE Mexico ETF
- 1D
- -2.18%
- 1M
- -1.00%
- YTD
- 11.16%
- 6M
- 10.39%
- 1Y
- 35.02%
- 3Y*
- 10.77%
- 5Y*
- 13.40%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FLMX Monthly Returns History
Based on dividend-adjusted daily data since Nov 6, 2017, FLMX's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +19.1%, while the worst month was Mar 2020 at -31.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FLMX closed higher 49% of trading days. The best single day was Mar 17, 2020 with a return of +7.9%, while the worst single day was Mar 16, 2020 at -15.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.15% | 7.35% | -7.43% | 1.63% | 2.53% | -1.65% | 11.16% | ||||||
| 2025 | 4.21% | 3.49% | 0.92% | 12.71% | 4.89% | 2.58% | -0.97% | 3.20% | 9.35% | -2.04% | 3.07% | 3.15% | 53.62% |
| 2024 | -1.64% | -1.76% | 6.19% | -5.01% | -1.01% | -11.34% | -0.45% | -5.99% | 1.29% | -4.19% | -2.85% | -5.21% | -28.45% |
| 2023 | 16.38% | -0.31% | 3.20% | 2.77% | -2.30% | 5.04% | 4.46% | -4.69% | -5.52% | -6.14% | 14.98% | 8.71% | 39.35% |
| 2022 | -3.91% | 5.06% | 9.26% | -10.52% | 5.45% | -9.16% | 0.55% | -5.02% | -0.44% | 13.72% | 7.05% | -6.42% | 2.40% |
| 2021 | -5.75% | 1.05% | 8.13% | 3.24% | 5.92% | 0.26% | 1.82% | 3.65% | -4.96% | 0.48% | -6.69% | 12.61% | 19.58% |
Benchmark Metrics
Franklin FTSE Mexico ETF has an annualized alpha of 0.22%, beta of 0.74, and R2 of 0.33 versus S&P 500 Index. Calculated based on daily prices since November 06, 2017.
- This ETF participated in 93.70% of S&P 500 Index downside but only 75.92% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.33 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.22%
- Beta
- 0.74
- R²
- 0.33
- Upside Capture
- 75.92%
- Downside Capture
- 93.70%
Expense Ratio
FLMX has an expense ratio of 0.19%, which is considered low.
Return for Risk
Risk / Return Rank
FLMX ranks 49 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin FTSE Mexico ETF (FLMX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLMX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 2.78 | -0.30 |
| Martin ratioReturn relative to average drawdown | 8.66 | 12.44 | -3.78 |
Dividends
Dividend History
Franklin FTSE Mexico ETF provided a 1.86% dividend yield over the last twelve months, with an annual payout of $0.70 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $1.35 | $0.76 | $0.96 | $1.03 | $0.79 | $0.32 | $0.67 | $0.52 | $0.08 |
Dividend yield | 1.86% | 3.99% | 3.31% | 2.90% | 4.22% | 3.15% | 1.48% | 2.95% | 2.51% | 0.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin FTSE Mexico ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $1.35 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.76 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.96 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $1.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin FTSE Mexico ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin FTSE Mexico ETF was 50.05%, occurring on Mar 23, 2020. Recovery took 363 trading sessions.
The current Franklin FTSE Mexico ETF drawdown is 5.51%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -50.05%Mar 2020 | 2y 1mo | 1y 5mo | 3y 7moJan 2018 - Aug 2021 |
2024 bear market2024 | -31.72%Dec 2024 | 8mo 25d | 9mo 4d | 1y 5moApr 2024 - Sep 2025 |
Bear market2022 | -19.63%Sep 2022 | 5mo 25d | 3mo 12d | 9mo 7dApr 2022 - Jan 2023 |
2023 correction2023 | -18.05%Oct 2023 | 2mo 21d | 1mo 25d | 4mo 16dJul 2023 - Dec 2023 |
2026 correction2026 | -14.18%Mar 2026 | 25d | — | 4mo 9hFeb 2026 - now |
Drawdown Indicators
| FLMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.05% | -56.78% | +6.73% |
Max Drawdown (1Y)Largest decline over 1 year | -14.18% | -9.10% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -31.72% | -18.90% | -12.82% |
Max Drawdown (5Y)Largest decline over 5 years | -31.72% | -25.43% | -6.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -5.51% | -1.80% | -3.71% |
Average DrawdownAverage peak-to-trough decline | -12.00% | -10.71% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 2.03% | +2.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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