North American Neighbors’ ETFs Holding Their Own

March 7th at 3:00pm by Tom Lydon

2920720816How has the U.S. economic slowdown impacted North American neighbors and their related exchange traded funds (ETFs)?

America is an important market for Canada and Mexico, and the United States is a major consumer of their exports, accounting for 80%. However, the numbers are slowing along with the American economy, explains  Carl Delfeld for ETF Folio.

According to a recent article in the Financial Times, both Canada and Mexico are more likely to sustain economic woes stemming from the United States than they have in the past. Diversification is the reason, and both countries have a strong domestic demand now that their homeland has strong consumer spending.

  • iShares MSCI Canada Index (EWC)

Z_2

  • iShares MSCI Mexico Index (EWW)

Z2

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

Tickers

EWC