ETFs in Mexico, Brazil and Chile have been the best performers among emerging market ETFs, according to an analysis conducted by Latinometrics in collaboration with Bloomberg Linea. 

According to the analysis, the best performer among Latin American stocks was the Blackrock Mexico ETF, which tracks the share prices of companies such as Walmex (Walmart's Mexican subsidiary), FEMSA, América Móvil (parent company of telecommunications company Claro) and Banorte. (Walmart's Mexican subsidiary), FEMSA, América Móvil (parent of telecommunications company Claro) and Banorte. This ETF had a return of 8.4% as of March 17.

The Mexican economy The Mexican economy is relatively stable: inflation is trending downward, wages have grown as has employment, and remittances from Mexicans living in the United States continue to grow positively, which has stimulated domestic consumption.This has stimulated domestic consumption. The country is also benefiting from the arrival of foreign investment as a result of the nearshoring phenomenon.