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FMX correlations (Fomento Economico Mexicano S.A.B. de C.V.)

Which assets move with FMX and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

25.5%

3y weekly

Beta vs S&P 500

0.35

3y weekly

1-year return

+42.5%

price, adjusted

5-year return

+63.2%

price, adjusted

Market cap

$41.0B

latest

P/E ratio

23.8

trailing

Max drawdown

-41.3%

3y, daily closes

FMX over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with FMX

Asset		Correlation (3Y)
MXF	Mexico Fund, Inc. (The)	0.61
MXE	Mexico Equity and Income Fund, Inc. (The)	0.55
BUD	Anheuser-Busch Inbev SA Sponsored ADR (Belgium)	0.44
BSAC	Banco Santander - Chile	0.43
TOWN	Towne Bank	0.41

If the goal is offsetting FMX, these tracked assets have historically moved the most on their own terms.

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.25
FGNX	FG Nexus Inc.	-0.25
AWX	Avalon Holdings Corporation	-0.23

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/fmx.json

Correlations, diversifiers, beta and volatility for FMX, plus one endpoint per pair. API documentation.