Franklin FTSE Mexico ETF logo

Franklin FTSE Mexico ETF (FLMX)

Market Closed
15 Oct, 08:00 PM
ARCA ARCA
$
35. 90
+0.69
+1.9655%
$
78.58M Market Cap
0.75% Div Yield
3,000 Volume
$ 35.21
Previous Close
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Day Range
35.26 35.9
Year Range
31.66 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