FLMX vs VOO
Franklin FTSE Mexico ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. FLMX delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FLMX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.19% | 0.03% | |
| AUM | $86M | $979.0B | |
| Dividend Yield | 3.88% | 1.09% | |
| Holdings | 39 | 509 | |
| YTD Return | +12.12% | +13.79% | |
| 1Y Return | +28.93% | +23.01% | |
| 3Y Return (annualized) | +11.09% | +21.78% | |
| 5Y Return (annualized) | +13.08% | +13.39% | |
| Volatility (annualized) | 24.3% | 14.1% | |
| Max Drawdown | -52.7% | -34.3% | |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 3, 2017 | Sep 7, 2010 |
FLMX vs VOO Performance
Franklin FTSE Mexico ETF (FLMX) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FLMX returned +28.93% while VOO returned +23.01%. Year to date, FLMX is up 12.12% versus a gain of 13.79% for VOO.
Over three years, FLMX compounded at +11.09% per year against +21.78% for VOO; over five years the annualized figures are +13.08% and +13.39% respectively. Across the full 9-year window we track, VOO has the edge at +13.57% annualized vs +7.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLMX has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -52.7% for FLMX and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLMX charges 0.19% per year while VOO charges 0.03%. On a $10,000 position that is $19 vs $3 annually, a gap of $16 per year that compounds over a long holding period. On income, FLMX currently yields 3.88% against 1.09% for VOO.
Holdings Overlap
FLMX and VOO share 0 holdings out of 540 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FLMX or VOO?
FLMX has an expense ratio of 0.19% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, FLMX or VOO?
Over the past year FLMX returned +28.93% vs +23.01% for VOO, so FLMX leads on 1-year performance. Over the longest common window we track (9 years), FLMX annualized +7.09% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, FLMX or VOO?
FLMX has been the more volatile fund at 24.3% annualized versus 14.1% for VOO. Worst drawdown: FLMX -52.7% vs VOO -34.3%.
Should I hold both FLMX and VOO?
FLMX and VOO have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLMX and VOO?
FLMX and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 540 unique securities.
Which pays a higher dividend, FLMX or VOO?
FLMX yields 3.88% while VOO yields 1.09%, so FLMX currently pays the higher dividend yield.
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