However, in December, BlackRock, the world’s largest asset manager, revealed underweight ratings on Brazil and Mexico. J.P. Morgan does not agree, at least not when it comes to Mexico. Last week, the bank said it is overweight on Mexico.
EWW’s annual loss in 2013 was just its second in the past five years and the fund still outpaced, by wide margins, the comparable Brazil, Chile, Colombia and Peru ETFs.
iShares MSCI Mexico Capped ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM.