This ETF offers exposure to the stocks markets of Latin America, a group that includes several of the world's major commodity-producing economies such as Brazil, Mexico, Chile, and Peru. As such, FLN can potentially be used as a component of a long-term portfolio, though some investors may prefer to achieve exposure to these economies through broad-based emerging markets ETFs, such as EEM or FEM, that also include Asian and Middle Eastern markets as well. It should be noted that FLN excludes several South American economies, including Colombia and Argentina; those markets are accessible through GXG and ARGT, respectively. FLN is different from other Latin American equity ETFs such as GML or ILF because of the methodology used by the underlying index. FLN seeks to replicate an AlphaDEX benchmark that uses a quant-based strategy to identify stocks with the greatest potential for capital appreciation, with the goal of outperforming more broadly-based cap-weighted benchmarks. In return for this shot at alpha, investors will pay a bit more; FLN's expense ratio is higher than alternatives such as ILF and GML. Moreover, the AlphaDEX approach will generally result in a more balanced portfolio that avoids big weightings in mega cap companies. So for those who believe that the AlphaDEX methodology will be able to generate alpha over the long run, FLN might be a useful tool for establishing exposure to Latin American stocks. For those who prefer to simply own the market and keep fees down, other members of the Latin America Equities ETFdb Category may make for better choices.
The adjacent table gives investors an individual Realtime Rating for FLN on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Latin America Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Developed Markets (ex-US)||15.15%|
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 13 other ETFs in the Latin America Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of FLN relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.