Global X Mexico Small Cap (NYSEArxca: MEXS) debuted in May of 2011 as a way for investors to get exposure to small cap equities in Mexico, but thus far, the fund trades very low volume on a daily basis and has only attracted about $600,000 in assets.
For those looking to enact leveraged trading strategies on Mexico, ProShares UltraShort MSCI Mexico Investable Market (NYSEArca: SMK) offers two times daily leverage on the short side of the equation and ProShares Ultra MSCI Mexico Investable Market (NYSEArca: UMX) conversely provides two times daily leverage to longs looking to play Mexico.
How has Mexico fared in relation to other Latin American equity markets? Year to date, Mexican small caps have fared rather well, with MEXS up 20.94% versus iShares MSCI Brazil (NYSEArca: EWZ) up 19.67%, iShares MSCI
Chile (NYSEArca: ECH) up 16.33%, Global X Colombia (NYSEArca: GXG) up 19.57%, and iShares Latin America 40 (NYSEArca: ILF) having rallied 13.55%. The larger cap oriented EWW on the other hand has trailed Latin American peers, and is only up 11.57% year to date.
iShares MSCI Mexico
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