How to invest in Mexico using ETFs
How do I invest in Mexican stocks?
The easiest way to invest in the whole Mexican stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Mexican stock market you'll find 2 indices which are tracked by ETFs.
Alternatively, you can consider indices on Emerging Markets.
0.50% p.a. - 0.65% p.a.
annual total expense ratio (TER) of Mexico ETFs
on the Mexican stock market, which are tracked by ETFs
on the Mexican stock market
Performance of Mexican stocks (MSCI Mexico)
1 month: 0.00%
1 year: 21.01%
3 years: 103.05%
5 years: 39.30%
Indices in comparison
The best indices for ETFs on Mexico
For an investment in the Mexican stock market, there are 2 indices available which are tracked by 3 ETFs. On the MSCI Mexico index there is 1 ETF. On the MSCI Mexico Capped index there are 2 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.50% p.a. and 0.65% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
MSCI Mexico | Mexico | 1 ETF | 23 (31.07.23) | The MSCI Mexico index tracks large and mid cap stocks in Mexico. Index factsheet |
MSCI Mexico Capped | Mexico | 2 ETFs | 23 (30.11.22) | The MSCI Mexico Capped index tracks large and mid cap stocks in Mexico. Index concentration is limited by maximum weights for sector, geography and constituents. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Xtrackers MSCI Mexico UCITS ETF 1CLU0476289466 | 158 | 0.65% p.a. | Accumulating | Luxembourg | Full replication | |
| iShares MSCI Mexico Capped UCITS ETF (Acc)IE00B5WHFQ43 | 70 | 0.65% p.a. | Accumulating | Ireland | Full replication | |
| HSBC MSCI Mexico Capped UCITS ETF USDIE00B3QMYK80 | 16 | 0.50% p.a. | Distributing | Ireland | Full replication |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Mexico | 2.97% | 7.03% | 11.43% | 30.00% | 124.46% | |
| MSCI Mexico Capped | 3.09% | 7.17% | 11.32% | 30.08% | 124.67% |
| Index | 2023 in % | 2022 in % | 2021 in % | 2020 in % | 2019 in % | |
|---|---|---|---|---|---|---|
| MSCI Mexico | 28.13% | 3.40% | 32.30% | -10.78% | 13.35% | |
| MSCI Mexico Capped | 28.18% | 3.43% | 32.02% | -10.61% | 12.98% |
Source: justETF.com; As of 31.07.23; Calculations in EUR based on the largest ETF of the respective index.
The best Mexico ETFs
by 1 year return
| 1 | HSBC MSCI Mexico Capped UCITS ETF USD | 30.45% |
| 2 | iShares MSCI Mexico Capped UCITS ETF (Acc) | 30.08% |
| 3 | Xtrackers MSCI Mexico UCITS ETF 1C | 30.00% |
The cheapest Mexico ETFs
by total expense ratio (TER)
| 1 | HSBC MSCI Mexico Capped UCITS ETF USD | 0.50% p.a. |
| 2 | iShares MSCI Mexico Capped UCITS ETF (Acc) | 0.65% p.a. |
| 3 | Xtrackers MSCI Mexico UCITS ETF 1C | 0.65% p.a. |
Alternative investment opportunities
Emerging markets indices with a share of Mexico
Besides Mexico ETFs you may consider investing in emerging markets ETFs. In total, you can invest in 2 emerging markets indices, which are tracked by 5 ETFs. The total expense ratio (TER) of ETFs on emerging markets is between 0.20% p.a. and 0.65% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| MSCI Emerging Markets Latin America | Latin America Mexico: 27.57% (30/11/2022) | 4 ETFs | 88 (31.07.23) | The MSCI Emerging Markets Latin America index tracks the equity markets of emerging markets in Latin America. Index factsheet |
| MSCI Emerging Markets Latin America 10/40 | Latin America Mexico: 29.03% (30/11/2022) | 1 ETF | 88 (31.07.23) | The MSCI Emerging Markets Latin America 10/40 index tracks the equity markets of emerging markets in Latin America. The imbedded 10/40 rule limits the weight of a single company to 10% of the index. The sum of all companies with weights between 5% and 10% is limited to 40%. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (C)LU1681045024 | 404 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| iShares MSCI EM Latin America UCITS ETF (Dist)IE00B27YCK28 | 206 | 0.20% p.a. | Distributing | Ireland | Optimized sampling | |
| Amundi MSCI Emerging Markets Latin America UCITS ETF USDLU1681045297 | 161 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Lyxor MSCI EM Latin America UCITS ETF - AccLU1900066629 | 40 | 0.65% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI EM Latin America UCITS ETF USDIE00B4TS3815 | 29 | 0.60% p.a. | Distributing | Ireland | Full replication |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets Latin America | 3.99% | 16.83% | 11.58% | 20.82% | 58.68% | |
| MSCI Emerging Markets Latin America 10/40 | 3.62% | 16.43% | 12.00% | 21.24% | 58.82% |
| Index | 2023 in % | 2022 in % | 2021 in % | 2020 in % | 2019 in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets Latin America | 20.45% | 15.89% | -1.73% | -21.48% | 18.84% | |
| MSCI Emerging Markets Latin America 10/40 | 21.50% | 15.48% | -3.47% | -19.49% | 17.25% |
Source: justETF.com; As of 31.07.23; Calculations in EUR based on the largest ETF of the respective index.
