EWW is struggling while some other single-country Latin America ETFs are roaring higher. For example, the iShares MSCI All Peru Capped ETF (NYSEArca: EPU) is this year’s best-performing single-country ETF while the Global X MSCI Argentina ETF (NYSEArca: ARGT) tracks stocks in one of the world’s best-performing equity markets. The iShares MSCI Chile Capped ETF (NYSEArca: ECH) has also been an impressive performer.
Related: The Best LatAm ETFs
“Jaime, 31, is the fourth-most bearish forecaster in the survey. He expects the peso to slide to 19.7 per dollar by the end of the year. The depreciation, he says, will be likely due to a slowdown in the Chinese economy and the rise in anti-free trade sentiment on both sides of the Atlantic as Trump vows to renegotiate deals and after the U.K.’s vote to leave the EU,” according to Bloomberg.
For more information on the Mexico ETF market, visit our Mexico category.
iShares MSCI Mexico Capped ETF
