FLMXvsARGTETF Comparison
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Franklin FTSE Mexico ETF (FLMX) and Global X MSCI Argentina ETF (ARGT) belong to the same industry segment: LatAm Blended Cap. FLMX's top 3 sector exposures are Consumer Staples, Materials and Financials. In contrast, ARGT's top sector exposures are Consumer Discretionary, Consumer Staples and Materials. FLMX is less expensive with a Total Expense Ratio (TER) of 0.19%, versus 0.59% for ARGT. FLMX is up 9.27% year-to-date (YTD) with +$15M in YTD flows. ARGT performs worse with -1.19% YTD performance, and +$153M in YTD flows. Run a side-by-side ETF comparison of FLMX and ARGT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FLMX vs ARGT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FLMX ARGT | +3.95%+2.11% | -3.20%-10.59% | +9.27%-1.19% | +38.22%+5.83% | +35.81%+140.86% | +89.05%+222.80% |
| Flows | FLMX ARGT | -+$119M | +$10M+$102M | +$15M+$153M | +$21M-$85M | +$55M+$649M | +$73M+$650M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FLMX ARGT | +29.97%+27.85% | +20.14%+35.36% | +22.31%+31.66% | +21.23%+31.27% |
| Max drawdown | FLMX ARGT | -13.44%-15.68% | -13.44%-28.46% | -31.44%-28.46% | -31.44%-35.00% |
| Max drawdown duration | FLMX ARGT | 59d90d | 59d165d | 525d165d | 525d486d |
Trading data
FLMX | ARGT | |
Last sale 4/29/2026 at 1:30 PM | $36.84 | $90.47 |
| Previous close 04/29/2026 | $37.24 | $91.22 |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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FLMX | ARGT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/29/2026 at 1:30 PM
Live
Closed
FLMX | ARGT | |
|---|---|---|
| Last price | $36.84 | $90.47 |
| 1D performance | -1.08% | -0.82% |
| AuM | $88.74 M | $890.12 M |
| E/R | 0.19% | 0.59% |
Characteristics
FLMX | ARGT | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Franklin Templeton | Global X |
| Benchmark | FTSE Mexico RIC Capped Index | MSCI All Argentina 25-50 Index |
| N° of holdings | 34 | 10 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 3, 2017 | March 2, 2011 |
| ESG | No | No |
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Exposure
Countries
FLMX
Mexico
100%
Other
-0%
ARGT
USA
75.34%
Chile
7.96%
Canada
7.25%
Other
9.45%
Sectors
FLMX
Consumer Staples
27.2%
Materials
21.82%
Financials
20.1%
Industrials
13.4%
Other
17.48%
ARGT
Consumer Discreti.
21.9%
Consumer Staples
9.65%
Other
68.45%
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Diversification
FLMX
Total weight of top 15 holdings out of 15
76.9%
ARGT
Total weight of top 15 holdings out of 15
83.33%
Top 15 holdings
Data as of March 31, 2026
FLMX
GRUPO FINANCE BANORTE
12.63%
GRUPO MEXICO
12.25%
MX01AM050019
8.20%
FOMENTO ECONOMICO MEXICANO
7.80%
WALMEX V
6.88%
CEMEX
4.64%
GRUPO AEROPUERTO DEL PACIF
3.65%
ARCA CONTINENTAL
3.49%
INDUSTRIAS PENOLES
2.91%
GRUPO AEROPORTUARIO DEL SUREST
2.82%
PROLOGIS PROPERTY MEXICO REIT
2.50%
COCA COLA FEMSA SAB DE CV
2.36%
GRUPO FINANCIERO INBURSA SR O
2.35%
FIBRA UNO ADMINISTRACION REIT
2.30%
GRUPO BIMBO
2.13%
ARGT
MERCADOLIBRE
18.98%
US9842451000
10.48%
US92837L1098
8.14%
US3999091008
5.99%
US8938702045
5.18%
US6976602077
5.01%
US1550382014
3.97%
SSR MINING
3.84%
US05961W1053
3.82%
CA3499421020
3.41%
EMBOTELLADORA ANDINA B PRF
3.06%
US0589341009
2.95%
ARCOS DORADOS HOLDINGS
2.92%
CENCOSUD
2.79%
US8792732096
2.79%
Frequently asked questions about FLMX and ARGT
How have the FLMX and ARGT ETFs performed in 2026?
As of April 29, 2026, FLMX is up 9.27% year-to-date (YTD), while ARGT has lost -1.19%. That puts FLMX better performer ahead so far this year.
Which ETF is attracting more investor money: FLMX or ARGT?
Year-to-date, the FLMX ETF saw +$15M in flows, compared to +$153M for ARGT.
Which ETF is more volatile: FLMX or ARGT?
Over the past year, FLMX had a volatility of 20.14%, while ARGT experienced 35.36%.
Which ETF is bigger: FLMX or ARGT?
As of April 29, 2026, FLMX holds $88.74 M in assets under management (AUM), while ARGT manages $890.12 M.
What sectors do the FLMX and ARGT ETFs invest in?
FLMX leans toward sectors like Consumer Staples, Materials and Financials. Meanwhile, ARGT focuses on Consumer Discretionary and Consumer Staples.
What are the top holdings of the FLMX ETF and ARGT ETF?
FLMX top holdings include GRUPO FINANCE BANORTE, GRUPO MEXICO and MX01AM050019. ARGT holds in its top three: MERCADOLIBRE, US9842451000 and US92837L1098.
Which ETF is more diversified: FLMX or ARGT?
FLMX holds 34 securities with 76.9% of its assets in the top 15. ARGT has 25 securities and a top 15 weight of 83.33%.
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