EWW Stock Recent News

President Donald Trump on Saturday announced 30% tariffs on the European Union and on Mexico, cementing a new high level of levies with key trading partners ahead of an Aug. 1 implementation.

President Donald Trump announced Saturday his administration is imposing 30% tariffs on imports from the European Union and Mexico, hiking up the tariff rate for two of the U.S.'s biggest trading partners despite lengthy negotiations.

Donald Trump has announced he will impose a 30% tariff on imports from the European Union from August.

Mexico offers strong equity returns, but significant political, economic, and security risks require careful consideration before investing. The MSCI Mexico Index and iShares MSCI Mexico ETF outperform the S&P 500 in returns, but both carry much higher volatility and weaker risk-adjusted metrics. I rate EWW as a Hold due to its high volatility; it's suitable only for investors who can stomach large swings for potential outperformance.

EWW offers broad exposure to Mexico's stock market, but is highly concentrated in a few sectors and top-heavy in holdings. Mexico's macro outlook is clouded by US tariffs, political uncertainty, and heavy reliance on US trade and remittances. Recent performance is driven more by speculation than fundamentals, with technicals signaling potential for significant downside risk.

Cinco de Mayo, meaning the fifth of May in Spanish, is a day of gratification for all Mexicans. The day honors the Mexican army's incredible victory over the French militia in the Battle of Puebla in 1862.

The Mexican stock market, as represented by EWW, has managed to beat the S&P 500 by almost 50 percent over the past 25 years. Mexico's economy has very significant structural advantages, mainly resulting from proximity to the U.S. EWW's holdings tend to be very high-quality businesses, and I believe that the ETF is structured better than many other single-country emerging market funds.

President Trump's tariff announcement caused a market shock, but the iShares MSCI Mexico ETF surged 4%, outperforming the S&P 500 by 9 percentage points. EWW offers a compelling valuation with a P/E of 10.5 and a PEG ratio near 1.0, indicating tremendous value. The ETF's portfolio is well-positioned with significant weights in Consumer Staples and Materials sectors, that have performed well in 2025.

Topping the list and outperforming in that span have been emerging market countries like Brazil and India, which are both up well over 6.5%. International ETFs don't only have momentum on their side, but they also offer higher yields than the US at the current moment. Across all 22 ETFs, the average yield stands at 3.25%.

Our emerging markets watchlist tracks nine indexes from emerging economies around the world. Emerging markets are countries with economies in the process of rapid growth and industrialization.