iShares MSCI Mexico ETF (EWW) Price Today — Live Chart and Analysis

EWW gained roughly 35–40% in USD terms in 2025 as the peso appreciated around 23% on nearshoring-driven FDI and Banxico's high real rates. In Q2 2026, the fund has given back some gains - 25% US tariffs on Mexican goods and Banxico's easing cycle (now at 6.75%) are narrowing the carry advantage. EWW trades roughly 10–15% off its peak. Key risk: US trade policy, which absorbs around 80% of Mexican exports. USMCA review in 2026 is the key event. For LATAM investors, EWW is the most liquid vehicle for directional exposure to the Mexican economy. Support around $70–$75; resistance at $90–$95.