EWW is a highly concentrated ETF. The fund holds about 50 stocks and the top 10 holdings have about two-thirds of the assets. Consumer defense and telecom have the biggest allocations. Basic materials, financials and industrials round out the fund.

For investors that are bullish on the Mexican economy, the ProShares Ultra MSCI Mexico Investable Market ETF (NYSEARCA:UMXwill give 2x the leveraged exposure that EMM gives.

iShares MSCI Mexico Index 

Tisha Guerrero contributed to this article.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.