Franklin FTSE Mexico ETF logo

Franklin FTSE Mexico ETF (FLMX)

Market Closed
17 Jul, 20:00
ARCA ARCA
$
36. 64
-0.03
-0.0818%
$
84.27M Market Cap
0.75% Div Yield
2,200 Volume
$ 36.67
Previous Close
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Day Range
36.28 36.67
Year Range
28.81 40.03
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FLMX: In The Gulf Of Mexican Stocks, This ETF Doesn't Cut It

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 performance, and higher dividend yield make it a more appealing investment than FLMX in the Mexican stock market. FLMX's smaller size, lower trading volume, and lack of first-mover advantage are significant drawbacks despite its solid portfolio and sector tilts.

Seekingalpha | 1 year ago