|Bid||44.61 x 1100|
|Ask||54.00 x 4000|
|Day's Range||46.73 - 46.91|
|52 Week Range||37.50 - 53.06|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.15|
|Expense Ratio (net)||0.47%|
The Mexico country-specific ETF broke out and was leading markets Monday, with Walmart's Mexico unit providing a nice boost as it takes on Amazon south of the border. The iShares MSCI Mexico Capped ETF (EWW) was among the best performing non-leveraged ETFs of Monday, rising 1.5% and trading back above its long-term trend line at the 200-day simple moving average. Bolstering the Mexico country-specific ETF, Walmart De Mexico is gaining a competitive edge against rival Amazon after it forced some food companies supplying groceries to pull products from the world's largest online retailer.
Exchange-traded funds can be a useful tool for smoothing out the volatile gyrations of the stocks market by allowing you to buy into baskets of stocks, rather than betting on a single name. The converse of that, however, is that it's a lot harder to pick an ETF that will be a runaway success. Just by their nature, the Best ETFs for 2019 contest entries have to work harder than their counterparts over in the Best Stocks contest to really stand out.And so far, these ETFs are up to the challenge. While none of them have doubled anyone's money, many have outperformed S&P 500 funds, such as the Vanguard S&P 500 ETF (NYSEARCA:VOO) and the top three funds so far have been battling for supremacy for the better part of the quarter.Will these funds stay in the lead or will something else come up to challenge them? With a number of uncertain headline risks, it's almost impossible to guess for certain. All we can say for certain is that no matter what the markets -- and the headlines -- decide to do, there's probably at least one fund that can benefit big-time.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks to Buy Leading the Financial Charge Here, in ascending order of year-to-date gains through the end of March, are this year Best ETFs contestants. Best ETFs for 2019: SPDR Gold Trust (GLD)Investor: Kent Thune Expense Ratio: 0.4% Year-to-Date Gains Through Q1: 1%It's not surprising that the SPDR Gold Trust (NYSEARCA:GLD) is lagging the rest of the field. Gold is traditionally thought of as a safe-haven commodity, and with the markets going gangbusters, many investors haven't felt as strong a need to dip into safety as they might have in, say, the end of 2018. The ETF did have a pretty nice run into February, but has pretty much been treading water since then.But there's still a shine on this ETF -- a shine that could get brighter if the outlook for the regular stocks gets a little dimmer. "Although there is no recession in sight in 2019, investors will soon begin to structure their portfolios for 2020," wrote Thune. "This is because the stock market is a forward-looking, discounting mechanism, that tends to reflect the collective expectations of investors three to six months in advance."So if the markets start to waver, look for the GLD ETF to make a comeback in the Best ETFs contest.Read more about the GLD ETF from Thune here. iShares US Helathcare Providers ETF (IHF)Investor: Todd Shriber Expense Ratio: 0.43% YTD Gains: 2%The iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) has been looking sickly compared to most of the field so far. This isn't solely at the feet of the constituent stocks, however. The XLV ETF suffered from a severe case of political headlines. On the one hand, there's still plenty of talk about overpriced prescription medication, raising worries about the reliability of future revenues. And on the other, the Affordable Care Act has been under fire again, and there are a lot of questions about what the future of healthcare in the United States even looks like at this point.All this is making things difficult for the XLV ETF. As Shriber put it, "Muddying the waters for stocks like UnitedHealth and funds such as IHF is talk among some analysts that although Wall Street does not expect Medicare For All to happen, investors should not expect a snapback rally in managed care stocks once it becomes apparent that single-payer healthcare will not take hold in the U.S." * 7 Breakout Stocks to Watch in 2019 A little stability could go a long way to helping this fund get back in the race again.Read more about the IHF ETF from Shriber here. iShares Mexico MSCI ETF (EWW)Investor: Ian Bezek Expense Ratio: 0.49% YTD Gains: 6%The iShares MSCI Mexico Capped ETF(NYSEARCA:EWW) may be lagging most of the field, and rumors of President Donald Trump perhaps closing the U.S./Mexico border could cause some serious pain, but investors should not despair just yet.There are some tailwinds that should help lift the EWW. As Bezek wrote, "Despite political rumors that drove Mexican shares down sharply last year, its government and the Trump administration continue fostering closer relations. Meanwhile, the Federal Reserve's easier monetary policy is likely to help boost all-important industrial production in Mexico."Can it catch up? We're only one quarter through 2019, and it's not like the fund is negative on the year. If politics don't hamstring it, a turnaround is completely possible for the EWW ETF.Read more about the EWW ETF from Bezek here. Financial Select Sector SPDR Fund (XLF)Investor: Dana Blankenhorn Expense Ratio: 0.13% YTD Gains: 8%The Financial Sector Spider ETF (NYSEARCA:XLF) hasn't had a resoundingly positive start to the year. All the fears about a yield inversion have investors skirting around bank stocks, and deflation and banking disruption certainly haven't helped."The weight of deflation on the global economy is increasing, not decreasing," wrote Blankenhorn. "This directly impacts banking as fintech replaces traditional banking functions. Technology is lowering the cost of processing transactions and of evaluating and servicing loans and insurance policies. Fintech companies are bidding to replace banks entirely." * 5 Cheap Small-Cap Stocks to Buy Banking stocks are not out of it yet, but the current climate is not too kind to them -- and those bank stocks make up over 40% of the fund's holdings.Read more about the XLF ETF from Blankenhorn here. iShares Emerging Markets ETF (IEMG)Investor: Jim Woods Expense Ratio: 0.14% YTD Gains: 10%This entry and the following one in the Best ETFs contest both focus on the same segment of the market -- emerging markets. And the iShares Core MSCI Emerging Markets ETF's (NYSEARCA:IEMG) Q1 gain was frustrating, but not terrible."That said," Woods wrote, "we must realize that Q1 performance in stocks was highly atypical, not just from a straight-up numbers standpoint, but also because the drivers that sent stocks soaring nearly across the board aren't likely to be duplicated during Q2."Even if earnings stay good for the rest of 2019, it's just going to be hard for stocks to continue making the sort of torrid gains during the rest of the year that they have in the first quarter. In the meantime, if the dollar's strength backs off, that will benefit companies in other countries.Read more about the IEMG ETF from Woods here. iShares MSCI Emerging Markets ETF (EEM)Investor: Readers' Choice Expense Ratio: 0.69% YTD Gains: 10%Given all the headwinds that the trade war between China and the United States has put on the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM), it's not wholly surprising that it hasn't quite matched the performance of the SPY. However, given that those headwinds haven't yet KO-ed the EEM ETF, just imagine how well it could take off if those headwinds were to ease off.As I recently wrote, there are other positives on the horizon. "Second, MSCI has decided to increase the weighting of Chinese stocks among its indexes. While the goal of a 3.3% share of the indexes doesn't sound that big, remember that's four times the current level. And MSCI isn't the only one boosting investors' access to these securities: the Bloomberg Barclays Global Aggregate Index will also be including Chinese companies starting next month." * 5 Cannabis Stocks Set to Skyrocket -- According to Wall Street's Top Analysts It's not a leader yet, but the EEM ETF is hanging in there with the Best ETFs for 2019 front-runners so far.Read more about the EEM ETF here. iShares US Home Construction ETF (ITB)Investor: Vince Martin Expense Ratio: 0.43% YTD Gains: 18%As the United States economy continues cruising along, the iShares Dow Jones US Home Const. ETF (BATS:ITB), which focuses on home construction companies as the name implies, has been cruising as well. Not as well as the Best ETFs contest frontrunners, so far, but the year is still young.The factors that have led to ITB performing well so far this year, however, have maybe been a little surprising to some investors. As Martin put it, "The case for ITB was that even if new home sales stayed soft, a strong economy would lift renovation and remodeling spending. Yet it has been ITB's exposure to new construction, not R&R, that has driven a majority of its gains so far."So imagine how the ITB ETF could do if the remodeling and renovation dollars start flowing in as well. It has stayed within striking distance of the leaders, and a little boost may be all it needs.Read more about the ITB ETF from Martin here. Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ)Investor: Tom Taulli Expense Ratio: 0.68% YTD Gains: 20%The Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) has been full of winners so far this year -- in fact, as of March 25, only two of the fund's 37 holdings were in the red for 2019 thus far. But the real attraction here is the long growth runway that lies ahead of the BOTZ ETF.According to Taulli, "When it comes to AI and robotics, I think there should be a long-term focus. The fact is that these industries are quite volatile and highly competitive, with huge players like Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG), Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB)." * The Elite 8 Stocks to Buy for Massive Outperformance That means that investors should hold on tight because the 2019 ride could be bumpy. But the growth drivers that are powering the fund aren't going away, and the potential for big volatility also means the potential for big gains. The BOTZ ETF is going to be one to watch as the contest continues.Read more about the BOTZ ETF from Taulli here. Invesco Water Resources ETF (PHO)Source: Shutterstock Investor: James Brumley Expense Ratio: 0.62% YTD Gains: 21%Water is vital to our lives in a fundamental way, and the Powershares Water Resource Portfolio (NASDAQ:PHO) allows investors to invest in that -- and reap rewards of 20% in just three months.But while the first quarter results were great, what's even better is that it looks like they may be able to continue "The performance of the Powershares Water Resource Portfolio isn't the most compelling aspect of PHO stock here, however. It's that the fund's constituents have been so uniformly bullish of late after a couple clunkers took a big toll on last year's bottom line."As we move toward a world where the companies that the PHO ETF holds will be in greater and greater demand, hopefully it will see more and more growth through the rest of the Best ETFs of 2019 contest.Read more about the PHO ETF from Brumley here. Pacer Benchmark Data & Infrastructure Real Estate ETF (SRVR)Investor: Robert Waldo Expense Ratio: 0.6% YTD Gains: 21%After the first quarter, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) has taken the top spot. It was a fight, but the tech sector -- and specifically, the growing tailwind of 5G's approach -- gave SRVR the edge.You probably know 5G as the next step in data speed. According to Waldo, "To get an idea of how fast 5G is compared to 4G LTE, consider that 4G LTE's top speed is 1GB per second, while 5G will have a top speed of 20 GB per second -- a 2,000% increase!"With our increasingly connected word, this boost in speed is going to change a lot in the coming years. But if you're not sold on all of the individual companies that are looking ahead to 5G, don't worry. The SRVR ETF isn't really a play on 5G in that way.As Waldo put it, "But as hype-worthy of a trend as 5G may be, that's not all that SRVR has going for it. In fact, part of my decision to pick this fund for our best ETFs contest was that it's a real estate investment trust (REIT) ETF. This means its holdings own data centers and fiber that are vital to the 5G rollout, but are also necessary for all of our current, general tech-related luxuries like the cloud." * 15 Stocks to Buy Leading the Financial Charge So SRVR took the top spot, and seems well positioned to try to defend it for the rest of 2019.Read more about the SRVR ETF from Waldo here.Jessica Loder is an assistant editor at InvestorPlace.com. As of this writing, she did not hold a position in any of the aforementioned securities.Compare Brokers The post 10 Best ETFs for 2019: A Close Race at the Front appeared first on InvestorPlace.
Editor's note: This article is a part of InvestorPlace.com's Best ETFs for 2019 contest. Ian Bezek's pick for the contest is the iShares MSCI Mexico Capped ETF (NYSEARCA:EWW).The Mexican stock market kicked off 2019 on the right foot. And despite a strong U.S. Dollar, the Mexican Peso has also held its ground. The result is that the iShares MSCI Mexico Capped ETF (NYSEARCA:EWW) is up 7% year-to-date, and it has rallied more than 17% from its late 2018 low.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's not all: There's likely more good news to come for Mexican stocks.That, in turn, will lift EWW stock as 2019 continues. Despite political rumors that drove Mexican shares down sharply last year, its government and the Trump administration continue fostering closer relations.Meanwhile, the Federal Reserve's easier monetary policy is likely to help boost all-important industrial production in Mexico. With all of that in mind, let's take a closer look at how Mexico is faring so far this year. Mexico and the U.S. Build Closer TiesLet's head back in time to November 2016, when Mexican stocks were in freefall. The Peso lost more than 10% of its value in the moments following Trump's upset victory on election night. Within a few weeks, Mexican stocks plummeted more than 20%. With Trump's incendiary rhetoric on the campaign trail, many feared that U.S.-Mexican relations were heading for a nasty turn. Living in Mexico at the time, I suspected otherwise.Mexico and the U.S. are too close culturally for relations to break down. * 10 F-Rated Stocks to Sell in This Narrow Market There are an estimated 1 million North American expats in Mexico. To the north, there are tens of millions of Mexicans and Mexican-Americans in the United States. Additionally, 80% of Mexico's manufacturing output goes to the U.S., and on the other end, Mexico is the U.S.' second largest trading partner after China. A U.S. analysis firm suggested that America would lose several million jobs if Trump followed through on rhetoric to scrap NAFTA.As game theory would suggest, cooler heads prevailed. Mexican stocks soared in 2017, with many running 30-50% off the election lows within six months. Amazingly enough, this whole process started to repeat in 2018. This occurred when Mexico elected a socialist-leaning president, Andres Manuel Lopez Obrador "AMLO". AMLO's victory ended several decades of centrist or right-wing rule in Mexico. Again, foreign analysts predicted that Mexico was about to go to pot. Hence the great buying opportunity in late 2018 as foreign money fled the country.Since taking office, however, AMLO has doubled-down on closer relations with the U.S. Last week, the Mexican president announced that the U.S. and Mexico are close to terms on a new $10 billion investment package that will spur investment in Mexico and Central America while stopping migrant caravans to the U.S. Furthermore, he suggested that the U.S. is open to giving Mexico more favorable treatment on contentious steel tariffs. Fighting CorruptionAMLO campaigned on a populist platform centered around limiting corruption. Mexico has a well-earned reputation for being a corrupt country, and this unfortunate reality has greatly limited economic growth. Of course, all Mexican politicians pay lip service to the idea of fighting this vice.But AMLO is actually taking decisive action. In January, for example, he cracked down on narco groups that tap the country's gasoline pipelines robbing fuel for profit. This move caused a two-week nationwide gas shortage. Analysts expected AMLO to meekly back down, giving the narcos another victory. Instead, he held his resolve, with the Mexican people polling at 70% in favor of his actions, and his first big move against illicit activity was an unquestioned success.AMLO also raised concerns by canceling plans for Mexico City's long-awaited new international airport. This caused another selloff in Mexican stocks and its currency, particularly since the government had already issued debt to pay for the airport. But AMLO said the airport contract involved corruption, and was a plot to enrich the elites. He is instead working on an alternate plan to increase capacity at outlying airports around Mexico City. Over time, foreign analysts are now seeing that AMLO is a man who sticks to his word, rather than an unhinged radical as he was widely perceived last year. Mexico's Economy: Doing Fairly WellMexico's economy dipped slightly as AMLO took office. It contracted 0.4% in November and December as some businesses and consumers pulled back, waiting to see what the new government would look like. However, consumer confidence is rebounding, and economic activity is picking up again. On Monday, January GDP figures came out, and the economy grew 0.2%, blowing away expectations for another month of contraction. While there's still risk around the new government, AMLO is not trying to position himself as pro-business in general, on-the-ground economic activity is picking back up again.For the year, GDP growth estimates now range between 1.1% on the low end and 2% on the high end from official Mexican sources. This is hardly booming economic growth for an emerging market, but it's fairly good nonetheless, given all the headwinds that emerging markets currently face. Additionally, Mexico's inflation rate has dipped back to 3.9% after topping 7% in the wake of Trump's victory. On top of that, unemployment is low.When you look around Latin America, Mexico is looking like one of the best options. You see horrific economic performance in some countries -- Argentina shrunk by almost 3% in 2018 for example. Others, like Brazil, are barely above the flatline, while Chile has been in a near no-growth state for many years now. EWW Stock: Well-Positioned As the United States' Key PartnerMexico is on structurally better footing as its economy is overwhelmingly driven by selling things to the United States. Now that there is a new NAFTA agreement and AMLO and Trump have a buddy-buddy relationship, things look quite solid for EWW over the next year. Mexico is not vulnerable to commodity price shocks like most emerging markets. And its reliance on the United States keeps it relatively safe from further economic weakness in either China or Europe. * 7 SaaS Stocks to Buy for Long-Term Gains Finally, now that the Fed has abandoned its hard money policy and said there will be no more rate hikes, expect industrial activity to pick up again. Companies were putting off expansion knowing that higher interest rates would slow down demand. With the Fed now easing off the brake, the American economy should be set for a better 2019 than people were expecting just three months ago. And for the U.S. to grow, it needs to order more basic manufactured goods from its leading supplier, Mexico.With Mexico's economy already picking back up and the government performing well-ahead of expectations, the Fed's latest moves should be the final catalyst needed to get EWW stock really moving as 2019 progresses. EWW stock, currently at $44, could trade back to its 52-week-high of $54.Look for political concerns to ease and manufacturing activity to accelerate. The pieces are in place for Mexico to continue having a fine year.At the time of this writing, Ian Bezek owned various individual Mexican equities, though he had no position in the EWW ETF. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post Best ETFs for 2019: The iShares MSCI Mexico Capped ETF Is Holding Strong appeared first on InvestorPlace.
The iShares MSCI Mexico Capped ETF (EWW) is up 5.12% year-to-date, but that is well off the pace being set by the MSCI Emerging Markets Index. New concerns about Mexico's tenuous grasp on an investment-grade sovereign credit rating could weigh on EWW and other Mexican assets. EWW seeks to track the investment results of the MSCI Mexico IMI 25/50 Index, which is a free float-adjusted market capitalization-weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the underlying index weight, and all issuers with a weight above 5% do not cumulatively exceed 50% of the underlying index weight.
Over the past week, the MSCI Mexico IMI 25/50 Index is stumbling and what is left of the index's 2019 gains is less than half the year-to-date returns of the MSCI Emerging Markets Index. Bond market woes ...
On Wednesday, U.S. President Donald Trump said the U.S. officially recognizes opposition leader Juan Guaido as the interim president of Venezuela after Guaido proclaimed himself president earlier in the day. The political chaos in Venezuela could have a major impact on the global oil market.
Plenty of emerging markets exchange traded funds have been dented by geopolitical volatility this year, including the iShares MSCI Mexico Capped ETF (EWW) . The election of Andres Manuel Lopez Obrador (AMLO) as Mexico's newest president was initially cheered by markets, but investors have recently expressed some pause about the new president's policies. EWW, the largest US-listed Mexico ETF by assets, is sporting a fourth-quarter loss of nearly 20% and is down almost 17% this year.
Lately the news has been so back and forth, so uncertain, that investors could be forgiven for being scared to make new stock picks. Luckily, our experts are here to help, with their exchange-traded fund picks for the Best ETFs for 2019 contest. Others looked overseas — there are two emerging markets and one Mexico ETF in this year’s contest.
Mexico exchange-traded funds (ETFs) gained on Tuesday after reports surfaced that U.S. President Donald Trump could be backing down from his initial $5 billion demand to fund a proposed U.S.-Mexico border wall to avoid a government shutdown. "We have other ways that we can get to that $5 billion that we'll work with Congress," said White House press secretary Sarah Huckabee Sanders. "We will work with Congress if they will make sure we get a bill passed that provides not just the funding for the wall, but there's a piece of legislation that's been pushed around that Democrats actually voted 26-5 out of committee that provides roughly $26 billion for border security including $1.6 billion for the wall," she said.
The Direxion Daily MSCI Mexico Bull 3X Shares (NYSEARCA:MEXX) slid 15.40 percent, making it the third-worst performer among Direxion's suite of leveraged bullish ETFs. MEXX looks to deliver triple the daily returns of the MSCI Mexico IMI 25/50 Index (M1MX5IM). Newly elected President Andres Manuel Lopez Obrador, or AMLO as he is commonly called, was sworn into office last Saturday.
Andrés Manuel López Obrador was recently sworn in as Mexico's 58th president, but will the recent regime change result in a "Feliz Navidad" for the country as a whole and Mexico-focused exchange-traded funds (ETFs)? Early signs point to "yes" as President AMLO, his more familiar moniker, has taken early steps in the right direction. This stymied the momentum of Mexico-focused exchange-traded funds (ETFs) like the iShares MSCI Mexico Capped ETF (EWW) and Direxion Daily MSCI Mexico Bull 3X ShsETF (MEXX) --EWW gained as much as 3% on Monday's trading session, while MEXX rose as high as 9%.
As U.S.-Mexico border tensions escalate, the momentum of Mexico-focused exchange-traded funds (ETFs) like the iShares MSCI Mexico Capped ETF (EWW) and Direxion Daily MSCI Mexico Bull 3X ShsETF (MEXX) have become tenuous the past month as the country's newest president is set to take office. Andrés Manuel López Obrador, typically referred to as AMLO for short, will begin his six-year term as Mexico's new president on Saturday, December 1. AMLO will inherit a host of issues to fix, but as the country faces an influx of migrants from Central America who have congregated near the U.S.-Mexico border in Tijuana, this latest development has come to the forefront of his expansive task list.
Mexico's president-elect has yet to take office, but Andres Manuel Lopez Obrador already caused a stir with his proposals, igniting a sell-off of the iShares MSCI Mexico Capped ETF (EWW) . Obrador sparked controversy when his latest plans for his forthcoming presidency were deemed as damaging to Mexico's economy, causing Thursday's volatility in EWW. The exodus caused EWW to track below its 200-day moving average. Obrador's proposed moves include a push to limit the fees banks can charge customers as well as a decision to end a $13 billion airport project in Mexico City that already raised funds via overseas bonds.
Broadly speaking, emerging markets funds are getting slammed this year. The widely followed MSCI Emerging Markets Index, which serves as the benchmark for a slew of active and passive emerging markets funds, is down nearly 15% year-to-date.
As talks of trade war and other geopolitical factors have dominated headlines over the past several months, it has been natural for most North American investors focus their efforts on allocating capital domestically. In the paragraphs below, we'll take a look at the charts of three international exchange-traded funds (ETFs) that could be worth a closer look as we head into the final quarter of 2018. Despite the recent news that Swiss-based Novartis AG ( NVS) is laying off 2,000 employees, Switzerland is continuing its role as a hotbed for foreign investment, and on the chart of the iShares MSCI Switzerland Capped ETF ( EWL), the price has recently been able to close above the long-term resistance of its 200-day moving average.
Emerging markets equities and the corresponding exchange traded funds are slumping this year. Some Latin American economies are contributing to the trend. The The iShares Latin America 40 ETF (NYSE: ILF ...
In what has been a rough year for broader emerging markets benchmarks, exchange traded funds tracking Latin American markets are being repudiated. For example, the S&P Latin America 40 Index is down more than 12% year-to-date. Smaller, investable Latin American markets such as Argentina along regional giants Brazil and Mexico are tumbling.
Trucks are stuck ten-plus hours at the U.S.-Mexican border amid immigration tensions. Yahoo Finance's Zack Guzman and Sibile Marcellus are joined by Lauryn Evarts Bosstick and Michael Bosstick, ‘The Skinny Confidential’ Podcast Co-Hosts, to discuss.