Mexico is not alone in its recent swoon, as ECH (iShares MSCI Chile, Expense Ratio 0.59%) and EPU (iShares MSCI All Peru, Expense Ratio 0.59%) are also well off of their highs, both seeing accelerated trading volume on the recent decline.
AMX stock is clearly weighing on EWW, but its top position in terms of weighting in ILF (iShares Latin America 40, Expense Ratio 0.50%) isn’t really holding the ETF back from a performance standpoint because the index has its highest weighting in Brazil (52.97%) and the renewed surge in EWZ (iShares MSCI Brazil, Expense Ratio 0.60%) looks encouraging to bulls. Other top holdings in ILF rounding out the top five are PBR, ITUB, BBD, and VALE (all being Brazil based).
iShares MSCI Mexico ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at email@example.com.
Street One Financial is an educational/research firm utilizing the Broker Dealer services of GWM Group Inc (RLCC) a FINRA registered Broker/Dealer. All trades are executed through GWM Group (RLCC) and cleared by Fidelity (NFS)DTC number 0226. Street One Financial LLC makes available products and services offered by GWM Group Inc., a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.