It is, however, worth noting that earlier this year Mexico’s central cut interest rates to support Latin America’s second-largest economy and Daniel Loeb, head of Third Point, recently sounded a bullish tone about Mexican stocks.
EWW has added $338.4 million in new assets this year. That is more than ILF, the iShares MSCI Chile Capped ETF (NYSEArca: ECH) and the iShares MSCI All Peru Capped ETF (NYSEArca: EPU) combined.
iShares MSCI Mexico Capped ETF
Tom Lydon’s clients own shares of ILF.