Franklin FTSE Mexico ETF (FLMX)
| Assets | $57.27M |
| Expense Ratio | 0.19% |
| PE Ratio | 12.71 |
| Shares Out | 1.90M |
| Dividend (ttm) | $1.23 |
| Dividend Yield | 4.05% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 51.51% |
| Volume | 16,106 |
| Open | 30.20 |
| Previous Close | 30.13 |
| Day's Range | 30.05 - 30.42 |
| 52-Week Low | 22.86 |
| 52-Week High | 30.85 |
| Beta | 0.86 |
| Holdings | 41 |
| Inception Date | Nov 3, 2017 |
About FLMX
Fund Home PageThe Franklin FTSE Mexico ETF (FLMX) is an exchange-traded fund that is based on the FTSE Mexico RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Mexican equities. FLMX was launched on Nov 3, 2017 and is issued by Franklin Templeton.
Top 10 Holdings
62.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Grupo Financiero Banorte, S.A.B. de C.V. | GFNORTEO | 12.52% |
| Grupo Mexico SAB de CV Class B | GMEXICOB.MX | 8.41% |
| Wal-Mart de México, S.A.B. de C.V. | WALMEX | 8.04% |
| América Móvil, S.A.B. de C.V. | AMX | 6.98% |
| Fomento Economico Mexicano SAB de CV Units Cons. Of 1 Shs-B- And 4 Shs-D- | FEMSAUBD.MX | 6.56% |
| Cemex SAB de CV | CEMEXCPO.MX | 5.55% |
| Grupo Aeroportuario del Pacifico SAB de CV cedear | PACB.BA | 4.42% |
| Arca Continental, S.A.B. de C.V. | AC | 4.33% |
| Coca-Cola FEMSA, S.A.B. de C.V. | COCSF | 3.00% |
| Industrias Peñoles, S.A.B. de C.V. | PE&OLES | 2.95% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.65198 | Jun 27, 2025 |
| Dec 31, 2024 | $0.07444 | Jan 9, 2025 |
| Dec 20, 2024 | $0.50009 | Dec 30, 2024 |
| Jun 21, 2024 | $0.18752 | Jun 28, 2024 |
| Dec 15, 2023 | $0.68026 | Dec 26, 2023 |
| Jun 16, 2023 | $0.28049 | Jun 27, 2023 |
Performance
FLMX had a total return of 12.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.67%.
News
FLMX: In The Gulf Of Mexican Stocks, This ETF Doesn't Cut It
FLMX, despite an attractive chart and lower expense ratio, underperforms compared to EWW, which has a stronger history and larger backing from iShares. EWW's similar characteristics, better performanc...
Mexico ETFs face worst day in 4 years after ruling party's election win spooks investors
Exchange-traded funds that track Mexican equities were on track to suffer their biggest daily decline in nearly four years on Monday, after Claudia Sheinbaum's victory in Mexico's presidential electio...
Mexico Passes China As U.S.'s Biggest Source Of Imports: What That Says About The State Of Global Trade
Mexico benefits from China's trade dispute with the U.S. Is China still the world's manufacturer? How global trade is changing.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
Mexico As A Supply Chain Reshoring Leader
Mexico has been well established as a center of integrated manufacturing supply chains, particularly around assembly, for the North American market. Mexico has managed to avoid many US tariffs, and it...
Tequila Turn: Mexico To Front-Run The U.S.
The market discount sees a Mexican central bank rate cut from November. We agree, and we in fact can see rates being cut faster than the market discounts thereafter.
Franklin FTSE Mexico: A Lower-Cost Mexican Equities ETF
Franklin FTSE Mexico: A Lower-Cost Mexican Equities ETF
Materials As A Building Block Of Mexico's Market Resilience
Mexico's stock market has been performing well this year, with “green” initiatives in the cement industry playing a part. Mexico's domestic stock market has been performing well.
Franklin FTSE Mexico ETF: 'Near Shoring' And Its Investment Boom In The 'Close South'
Franklin FTSE Mexico ETF: 'Near Shoring' And Its Investment Boom In The 'Close South'.
Investment Opportunities In Latin America
The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...
Mexico's Nearshoring Potential Likely To Grow As Alignment With U.S. Increases
Mexican President Andrés Manuel López Obrador (AMLO) hosted US President Joe Biden and Canadian Prime Minister Justin Trudeau in Mexico City between Jan. 9 and 11 for the North American Leaders' Summi...
Peak Inflation May Hint At Peak Rates In Emerging Markets
Central banks across emerging markets have reacted to elevated inflation by significantly tightening monetary policy, in some cases, well ahead of the U.S. Federal Reserve and the European Central Ban...
Shifting Global Winds Pose Challenges To Latin America
Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing ...
Mexico Nearshoring Potential For Critical Minerals
Mexico is particularly well-placed to benefit from companies relocating their operations closer to their main destination markets (nearshoring). Companies relocating to Mexico in the five-year outlook...
Supply Chains Disruptions In Latin America
The main disruption for Latin American traders comes from increased shipping costs and long delays to products arriving at their destinations. Latin American exporters of fruit, meat, and other perish...
Emerging Risks In Latin America In 2022
Latin America will start 2022 in a very fragile position given the economic fallout from the Coronavirus disease 2019 (COVID-19) pandemic, a deteriorated fiscal position, weak FDI, and the erosion of ...
Appraising Home Bias Exposure - Mexico
Mexican pension funds have had a particularly large home bias in their equity allocations compared to other markets.