Mexico ETF is a Mess

On Wednesday, the iShares MSCI Mexico Capped ETF (NYSEArca: EWW) lost 1.8% on above average volume, extending its year-to-date loss to 9.5%, or nearly 300 basis points worse than the iShares Latin American 40 ETF (NYSEArca: ILF). From a fundamental perspective, EWW arguably should not be behaving...