FLLA vs. FLMX
Compare and contrast key facts about Franklin FTSE Latin America ETF (FLLA) and Franklin FTSE Mexico ETF (FLMX).
FLLA and FLMX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLLA is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Latin America RIC Capped Index. It was launched on Oct 9, 2018. FLMX is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Mexico RIC Capped Index. It was launched on Nov 3, 2017. Both FLLA and FLMX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FLLA vs. FLMX - Performance Comparison
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FLLA vs. FLMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 17.39% | 51.81% | -26.89% | 32.71% | 7.78% | -8.93% | -15.08% | 19.59% | -2.78% |
FLMX Franklin FTSE Mexico ETF | 8.47% | 53.62% | -28.45% | 39.35% | 2.40% | 19.58% | -3.50% | 12.13% | -14.24% |
Returns By Period
In the year-to-date period, FLLA achieves a 17.39% return, which is significantly higher than FLMX's 8.47% return.
FLLA
- 1D
- 3.89%
- 1M
- -2.95%
- YTD
- 17.39%
- 6M
- 25.40%
- 1Y
- 54.98%
- 3Y*
- 18.51%
- 5Y*
- 12.45%
- 10Y*
- —
FLMX
- 1D
- 3.43%
- 1M
- -7.43%
- YTD
- 8.47%
- 6M
- 12.96%
- 1Y
- 53.09%
- 3Y*
- 11.54%
- 5Y*
- 14.25%
- 10Y*
- —
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FLLA vs. FLMX - Expense Ratio Comparison
Both FLLA and FLMX have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
FLLA vs. FLMX — Risk / Return Rank
FLLA
FLMX
FLLA vs. FLMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Latin America ETF (FLLA) and Franklin FTSE Mexico ETF (FLMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FLLA | FLMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.40 | 2.19 | +0.21 |
Sortino ratioReturn per unit of downside risk | 2.97 | 2.85 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.40 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 4.67 | 3.60 | +1.06 |
Martin ratioReturn relative to average drawdown | 15.05 | 13.84 | +1.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLLA | FLMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.19 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.65 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.32 | -0.06 |
Correlation
The correlation between FLLA and FLMX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FLLA vs. FLMX - Dividend Comparison
FLLA's dividend yield for the trailing twelve months is around 5.16%, more than FLMX's 3.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLLA Franklin FTSE Latin America ETF | 5.16% | 6.06% | 7.04% | 5.45% | 9.55% | 7.60% | 2.12% | 3.18% | 0.48% | 0.00% |
FLMX Franklin FTSE Mexico ETF | 3.68% | 3.99% | 3.31% | 2.90% | 4.22% | 3.15% | 1.48% | 2.95% | 2.51% | 0.31% |
Drawdowns
FLLA vs. FLMX - Drawdown Comparison
The maximum FLLA drawdown since its inception was -53.88%, which is greater than FLMX's maximum drawdown of -50.05%. Use the drawdown chart below to compare losses from any high point for FLLA and FLMX.
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Drawdown Indicators
| FLLA | FLMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.88% | -50.05% | -3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.59% | -14.18% | +2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -31.72% | +3.40% |
Current DrawdownCurrent decline from peak | -4.01% | -7.80% | +3.79% |
Average DrawdownAverage peak-to-trough decline | -13.69% | -12.21% | -1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 3.69% | -0.10% |
Volatility
FLLA vs. FLMX - Volatility Comparison
Franklin FTSE Latin America ETF (FLLA) and Franklin FTSE Mexico ETF (FLMX) have volatilities of 11.50% and 11.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLLA | FLMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.50% | 11.48% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 17.21% | 17.31% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 24.37% | -1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 21.90% | +0.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.66% | 24.76% | +2.90% |