The iShares MSCI Mexico ETF (EWW) is an exchange-traded fund designed to track the performance of companies listed in the Mexican equity market. The ETF is managed by BlackRock through its iShares platform and trades under the ticker EWW on the NYSE Arca.

Classified as a single-country international equity ETF, the fund provides targeted exposure to Mexico, including large-, mid-, and small-cap companies. Its strategy allows investors to access multiple areas of the Mexican economy through a single exchange-traded vehicle.

The ETF follows a passive management approach and seeks to replicate the performance of the MSCI Mexico IMI 25/50 Index, a benchmark designed to measure the large-, mid-, and small-cap segments of the Mexican equity market.

Diversification and sector exposure

EWW provides exposure primarily associated with:

• Mexican equities.

• Financial services.

• Materials.

• Consumer staples.

• Telecommunications.

• Industrials.

• Infrastructure.

• Emerging markets.

The portfolio includes companies representing key areas of Mexico’s economy, including banks, telecommunications, consumer businesses, materials companies, infrastructure operators, and industrial firms.

The ETF’s performance is closely tied to Mexico-specific factors such as economic growth, local monetary policy, currency movements, industrial activity, and foreign capital flows into emerging markets.

Structure and costs

EWW shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends received from portfolio holdings may be distributed periodically to shareholders according to the fund’s distribution policy.

History and evolution of the ETF

The iShares MSCI Mexico ETF was launched in 1996 with the objective of providing access to Mexican equities through an exchange-traded structure.

Since inception, the fund has tracked different phases of Mexico’s economy, including growth cycles, changes in international trade, and the development of the country’s capital markets.

In recent years, U.S.-Mexico trade integration, infrastructure investment, regional supply chains, and nearshoring trends have continued to influence the companies represented in the ETF’s portfolio.

Additional Information

iShares MSCI Mexico ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $1.98 billion.

Over the past 12 months, iShares MSCI Mexico ETF recorded a return of 31.23%, with its price trading between $60.76 and $81.23 during the same period.

The ETF is traded under the ticker EWW.