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FRMX ETF · iShares $ Floating Rate Bond UCITS ETF
The FRMX Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: Bloomberg U.S. Floating Rate Note < 5 Years Index. The FRMX ETF provides physical exposure, so by buying it you actually own parts of all the 527 underlying holdings. The dividend policy is capitalization.
Share class
Acc
MXN
Hedged
Real-time data unavailable for FRMX
LIVE
CLOSED
This fund is part ofInternational Corp IG Bonds1M perf.-2.76%
Last price
N/A
1M perf.
+0.45%
1M flows
-€410M
AuM
€917M
E/R
0.15%
Rating
Not rated
ESG Consensus®
FRMX
N/A
Performance & flows
Segment for quartile rank
December 29, 2025 → March 27, 2026
Create a free account to view the flows graph
FRMX
MX$959.47
+1.78%
International Corp IG Bonds
-1.40%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.45%  | +1.78% | +8.85% | +39.38% | +60.73% | +0.45% | +1.70% | +1.70% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/27/2026
MX$959.43
1D NAV change
+0.04%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
527
Inception date
8/31/2018
Jurisdiction
Ireland
Distribution
United Arab Emirates (Qualified Investor)
Spain
Portugal
Saudi Arabia (Qualified Investor)
Switzerland
Legal structure
Open-end Investment Company
Base currency
MXN
Classification
Product type
Benchmark
Bloomberg U.S. Floating Rate Note < 5 Years Index
Asset class
Factors
N/A
Share class info
MXN capitalizing hedged
Total AuM of fund
€4.33B
Decimalisation of shares
No
Investment strategy
The Fund seeks to track the performance of an index composed of short maturity, US Dollar denominated investment grade corporate bonds.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.78% | +8.85% | +39.38% | +60.73% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
64.12%
United Kingdom
7.32%
Australia
5.89%
Canada
5.61%
Philippines
2.02%
Japan
2.02%
Netherlands
1.99%
Republic of Korea
1.86%
France
1.63%
Other
7.57%
Sectors
Banks
54.78%
Other financial institutions
3.54%
Insurance and reinsurance
2.79%
Motor vehicle production
2.63%
Financial markets
1.79%
Holding companies
1.64%
Miscellaneous machinery and industrial equipment
1.37%
Other sectors
1.13%
Unavailable
25.33%
Other
5.00%
Diversification
Total weight of top 15 holdings out of 527
Top 15 holdings
Data as of February 28, 2026
EBRD, FRN 20feb2028, USD
EBRD, FRN 16feb2029, USD
IBRD, FRN 19aug2027, USD (101196)
IFC, FRN 28aug2028, USD (2673)
IBRD, FRN 12jan2027, USD (101643)
IBRD, FRN 24jan2029, USD (101486)
Asian Development Bank (ADB), FRN 20jun2028, USD
IBRD, FRN 15jun2027, USD (102047)
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Inter-American Development Bank (IDB), FRN 20mar2028, USD (790)
IFC, FRN 28aug2029, USD (2711)
Inter-American Development Bank (IDB), FRN 5oct2028, USD (886)
Inter-American Development Bank (IDB), FRN 1aug2029, USD (934)
IBRD, FRN 22nov2028, USD (101447)
Inter-American Development Bank (IDB), FRN 15feb2029, USD (823)
EBRD, FRN 22jul2030, USD
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about FRMX ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
FRMX’s has a Final Sustainability Grade of either B+, B, or B-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
78.40% of holdings have positive scoring
21.51% of holdings have negative scoring
38.15%
35.77%
9.07%
10.20%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
iShares
iShares ID Card
Number of funds
1728
Total AuM
€4.79T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.2842%
Top 5 funds by iShares
| AuM | ||
|---|---|---|
IVV | iShares Core S&P 500 ETF | €610.09B |
IEFA | iShares Core MSCI EAFE ETF | €142.72B |
AGG | iShares Core U.S. Aggregate Bond ETF | €119.78B |
IEMG | iShares Core MSCI Emerging Markets ETF | €114.83B |
CSSPX | iShares Core S&P 500 UCITS ETF | €108.42B |
Frequently asked questions about FRMX
What does iShares $ Floating Rate Bond UCITS ETF, FRMX, invest in?
FRMX is a Passive ETF. This ETF provides exposure to Investment Grade Corporate Bonds.
Which benchmark or index does FRMX replicate?
FRMX tracks the Bloomberg U.S. Floating Rate Note < 5 Years Total Return Index Value Unhedged - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of FRMX?
FRMX carries a total expense ratio (TER) of 0.15%, indicating the annual cost for holding the fund.
When was FRMX launched?
FRMX was introduced to the market on August 31, 2018. It trades on United Arab Emirates (Qualified Investor), among other exchanges
Who is the ETF issuer of FRMX?
iShares $ Floating Rate Bond UCITS ETF, FRMX, is provided by iShares. Learn more about iShares here.
Does FRMX have multiple share classes?
Yes, FRMX is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .
What is the current assets under management (AUM) of FRMX?
FRMX oversees €917M in assets as of March 27, 2026.
How has FRMX performed lately?
Based on data from March 27, 2026, FRMX returned 0.45% over the past month, 1.78% over the last three months and 1.70% year-to-date.
What are the latest inflows or outflows for FRMX?
As of March 27, 2026, FRMX recorded net flows of -€415M over the last month and -€330M year-to-date.
Does FRMX distribute dividends?
FRMX follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of FRMX?
As of February 28, 2026, FRMX has significant geographic allocations in USA, United Kingdom and Australia.
In which sector or theme does FRMX invest in?
As of February 28, 2026, FRMX focuses largely on Banks, Other financial institutions and Insurance and reinsurance.
How many securities does FRMX hold and how diversified is it?
As of February 28, 2026, FRMX holds 527 positions in its portfolio, with 13.02% of assets concentrated in its top 15 holdings.
What are the main positions in FRMX?
As of February 28, 2026, FRMX top three holdings include EBRD, FRN 20feb2028, USD, EBRD, FRN 16feb2029, USD and IBRD, FRN 19aug2027, USD (101196).
What is the base currency of FRMX?
The base currency of FRMX is MXN.
Is FRMX currency-hedged?
FRMX is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
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