ETF Copilot
Latin America

Is FLMX a good investment?

Updated October 9, 2026

Franklin FTSE Mexico ETF (FLMX) is a Latin America regional ETF. As of October 9, 2026, ETF Copilot scores FLMX 4.3 out of 10 — highest on Value (8.0), lowest on Growth (0.8). It trades at 12.7 times earnings, against its own median of 14.1. Its ten largest holdings are 66% of the fund.

What stands out in FLMX's data

Large- and mid-cap Mexican stocks, with an income tilt.

Trades at a richer price than the typical Latin America fund — you pay more for each dollar of earnings.

Trailing P/E multiple of 12.7x sits above the category median of 11.2x. The fund holds just 35 stocks, a focused basket.

Adds a Latin American income position to a portfolio that already holds broader emerging markets.

How is FLMX rated? ETF Copilot scores Franklin FTSE Mexico ETF (FLMX) 4.3 out of 10

As of October 9, 2026, ETF Copilot scores Franklin FTSE Mexico ETF (FLMX) 4.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 4.3 / 10
  • Growth: 0.8 / 10
  • Value: 8.0 / 10
  • Risk: 2.3 / 10
  • Quality: 7.3 / 10
  • Return: 4.8 / 10

Is FLMX expensive right now? It trades at 12.7 times earnings, against its own median of 14.1

As of October 9, 2026, FLMX is cheaper than 80% of its own last 9 years.

Trailing 12 months, built from FLMX's holdings. How we calculate this →

What's inside FLMX?

What's inside FLMX: Size (Large 47%, Mid 38%, Small 16%); Geography (International 100%, US 0%).

What are FLMX's top holdings? The ten largest are 66% of the fund

Grupo Mexico SAB de Cv-Se, Grupo Financiero Banorte, Fomento Economico Mexica, America Movil SAB de C-SE, Cemex Sab-Cpo, Walmart de Mexico SAB, Arca Continental SAB, Industrias Penoles SAB, Grupo Aeroport DEL Pacifi and Coca-Cola Femsa SAB are FLMX's largest holdings, in that order.

More concentrated than 56% of Latin America ETFs.

Half of FLMX's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 16 equally weighted holdings.

What is FLMX's expense ratio? 0.19% a year

As of October 9, 2026, FLMX charges 0.19% a year, yields 4.11% and holds $81M in assets across 35 positions.

Franklin FTSE Mexico ETF (FLMX) — cost, income and size
MeasureFLMX
Expense ratio0.19%
Dividend yield4.11%
Assets under management$81M
Holdings35

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “Franklin FTSE Mexico ETF (FLMX) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/flmx

ETF Copilot Pro unlocks FLMX's price and what each holding weighs.

Try Pro free →