ARGT vs EWW

ARGTCGlobal X MSCI Argentina ETF

EWWAiShares MSCI Mexico ETF

In short

ARGT Argentina in one ticker. Global X has run this fund since 2011, packing roughly 25 stocks tied to a market most global portfolios skip, and it trades more smoothly than most single-country peers.

EWW Mexico in one ticker, doing that job since 1996. Roughly 40 of the country's biggest listed names, capped so no single company runs the show, for 0.50% a year.

Stated mandate

ARGT The fund seeks to track, before fees and expenses, the price and yield performance of the MSCI All Argentina 25/50 Index.

EWW The fund seeks to track an index composed of Mexican equities and provides targeted exposure to companies in Mexico.

Why people hold it

• ARGT About 25 holdings put Argentine equity exposure in a single trade, a market that is awkward to assemble stock by stock from a US brokerage account.
• The 0.59% expense ratio lands exactly at the median for single-country emerging-market funds, level with iShares Poland (EPOL) and iShares South Africa (EZA).
• For a niche one-country fund it changes hands easily: among the smoother trades in its peer group, with a mid-sized asset base behind it.
• Trading since 2011, a long run for a single-country niche product, and it still tracks the MSCI All Argentina 25/50 Index it started with.

• EWW 0.50% a year, below the typical single-country emerging-market fund. Cheap is not the pitch here, but you are not paying a premium for the exposure.
• A billion-dollar-plus fund that trades actively, which is why it has long been the default way US investors get Mexico exposure in a brokerage account.
• The 25/50 index rules keep any one issuer from swallowing the portfolio, a real safeguard in a market where a handful of giants dominate the exchange.ishares.com
• Tracks its MSCI Mexico index tightly and ranks among the strongest builds in the single-country emerging-market group.

Worth knowing

• ARGT Roughly 25 holdings means a few names and sectors steer the whole fund. This is a concentrated country bet, not a diversifier.
• Argentine exposure brings currency and policy swings, and the fund sits in the rougher half of its single-country cohort on risk measures.
• It has followed its index less tightly than the strongest trackers in its group, so returns can drift from the benchmark.

• EWW About 40 stocks, one country, one currency. Peso moves and Mexican politics land straight in the return, with no diversification to soften them.
• FLMX tracks Mexico for 0.19%. If cost is the deciding factor, that gap is the trade-off against EWW's deeper trading and longer track record.
• Distributions come once or twice a year, not monthly. This is an equity exposure vehicle, not a steady income line.

Full ARGT profile⁠

Full EWW profile⁠