How 11 Mexico ETFs Are Responding to Trump Veto Threat
This article was originally published on ETFTrends.com.
President Donald Trump threatened to veto the $1.3 trillion omnibus legislation Friday morning after it had passed both chambers of Congress creating chaos that could cause a government shutdown.
In a tweet, Trump said he is "considering a VETO" because the proposal does not extend protections for hundreds of thousands of young undocumented immigrants or fully fund his proposed border wall.
This is how ETFs that maintain significant exposure to stocks listed in Mexico are responding as of 12 p.m. Eastern time according to Yahoo Finance.
11 ETFs with Mexico Exposure
- Deutsche X-trackers MSCI Mexico (DBMX) with a 90.89% weighting up .71%.
- iShares Currency Hedged MSCI Mexico ETF (HEWW) with a 90.89% weighting no change.
- iShares MSCI Mexico ETF (EWW) with a 90.52% weighting up .09%.
- Franklin FTSE Mexico ETF (FLMX) with a 88.68% weighting down 1.71%.
- iShares Latin American 40 ETF (ILF) with a 20.38% weighting up .60%.
- iShares MSCI Global Silver Miners ETF (SLVP) with a 20.15% weighting up 2.27%.
- Global X Silver Miners ETF (SIL) with a 17.23% weighting up 2.29%.
- First Trust Latin America AlphaDEX Fund (FLN) with a 15.84% weighting up .68%.
- iShares MSCI Peru ETF (EPU) with a 14.63% weighting up .65%.
- Global X Copper Miners ETF (COPX) with a 10.80% weighting down .50%.
- Columbia Beyond BRICs ETF (BBRC) with a 10.70% weighting down .27%.
Trump's Tweet Blames Democrats
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