FLMX vs. BRZU
Compare and contrast key facts about Franklin FTSE Mexico ETF (FLMX) and Direxion Daily Brazil Bull 2X Shares (BRZU).
FLMX and BRZU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BRZU is a passively managed fund by Direxion that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Apr 1, 2020. Both FLMX and BRZU 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
FLMX vs. BRZU - Performance Comparison
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FLMX vs. BRZU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLMX Franklin FTSE Mexico ETF | 10.13% | 53.62% | -28.45% | 39.35% | 2.40% | 19.58% | -3.50% | 12.13% | -13.32% | -0.92% |
BRZU Direxion Daily Brazil Bull 2X Shares | 40.14% | 97.99% | -57.07% | 55.48% | 8.30% | -39.23% | -91.34% | 57.02% | -37.21% | -0.33% |
Returns By Period
In the year-to-date period, FLMX achieves a 10.13% return, which is significantly lower than BRZU's 40.14% return.
FLMX
- 1D
- 1.53%
- 1M
- -4.48%
- YTD
- 10.13%
- 6M
- 16.88%
- 1Y
- 52.18%
- 3Y*
- 12.10%
- 5Y*
- 14.59%
- 10Y*
- —
BRZU
- 1D
- -0.13%
- 1M
- -3.25%
- YTD
- 40.14%
- 6M
- 58.04%
- 1Y
- 111.48%
- 3Y*
- 26.12%
- 5Y*
- 10.30%
- 10Y*
- -14.69%
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FLMX vs. BRZU - Expense Ratio Comparison
FLMX has a 0.19% expense ratio, which is lower than BRZU's 1.29% expense ratio.
Return for Risk
FLMX vs. BRZU — Risk / Return Rank
FLMX
BRZU
FLMX vs. BRZU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE Mexico ETF (FLMX) and Direxion Daily Brazil Bull 2X Shares (BRZU). 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.
| FLMX | BRZU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.16 | 2.17 | -0.01 |
Sortino ratioReturn per unit of downside risk | 2.82 | 2.53 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 3.91 | 5.13 | -1.22 |
Martin ratioReturn relative to average drawdown | 14.93 | 13.31 | +1.62 |
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
| FLMX | BRZU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.17 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.19 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | -0.34 | +0.67 |
Correlation
The correlation between FLMX and BRZU is 0.49, 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
FLMX vs. BRZU - Dividend Comparison
FLMX's dividend yield for the trailing twelve months is around 3.62%, more than BRZU's 1.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLMX Franklin FTSE Mexico ETF | 3.62% | 3.99% | 3.31% | 2.90% | 4.22% | 3.15% | 1.48% | 2.95% | 2.51% | 0.31% |
BRZU Direxion Daily Brazil Bull 2X Shares | 1.90% | 2.39% | 8.73% | 3.24% | 4.70% | 6.29% | 0.78% | 0.95% | 1.04% | 0.74% |
Drawdowns
FLMX vs. BRZU - Drawdown Comparison
The maximum FLMX drawdown since its inception was -50.05%, smaller than the maximum BRZU drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for FLMX and BRZU.
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Drawdown Indicators
| FLMX | BRZU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.05% | -99.71% | +49.66% |
Max Drawdown (1Y)Largest decline over 1 year | -14.18% | -22.67% | +8.49% |
Max Drawdown (5Y)Largest decline over 5 years | -31.72% | -65.00% | +33.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.11% | — |
Current DrawdownCurrent decline from peak | -6.39% | -99.00% | +92.61% |
Average DrawdownAverage peak-to-trough decline | -12.21% | -89.43% | +77.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.71% | 8.73% | -5.02% |
Volatility
FLMX vs. BRZU - Volatility Comparison
The current volatility for Franklin FTSE Mexico ETF (FLMX) is 10.31%, while Direxion Daily Brazil Bull 2X Shares (BRZU) has a volatility of 22.44%. This indicates that FLMX experiences smaller price fluctuations and is considered to be less risky than BRZU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLMX | BRZU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.31% | 22.44% | -12.13% |
Volatility (6M)Calculated over the trailing 6-month period | 17.34% | 39.48% | -22.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.36% | 51.61% | -27.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.90% | 55.52% | -33.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.76% | 84.27% | -59.51% |