HEWW is designed to provide investors with exposure to a select group of large-cap companies in Mexico. Unlike broad-based emerging market ETFs, HEWW focuses exclusively on the Mexican economy, offering a more targeted investment. The fund's strategy involves holding a small number of companies, currently 10, which results in a concentrated portfolio. The top holdings include America Movil SAB de CV Class L (16.26%), Wal - Mart de Mexico SAB de CV (9.74%), and Fomento Economico Mexicano SAB de CV Units (9.57%). This concentration means that the performance of these key holdings will significantly impact the overall performance of the ETF. HEWW's focused approach may appeal to investors who have a strong conviction in the growth prospects of the Mexican market and its leading companies.
HEWW (HEWW) ETF Analysis
The HEWW ETF provides targeted exposure to the Mexican equity market through a concentrated portfolio of 10 holdings. This ETF offers a focused approach for investors seeking to capitalize on the growth potential of key Mexican companies. With a dividend yield of 1.86%, HEWW may appeal to income-seeking investors, while its beta of 0.76 suggests lower volatility compared to the broader market. HEWW may be worth researching's concentrated nature and specific country focus when evaluating its suitability for their portfolios.
HEWW (HEWW) ETF — Price, Holdings & Analysis
The HEWW ETF provides targeted exposure to the Mexican equity market through a concentrated portfolio of 10 holdings. This ETF offers a focused approach for investors seeking to capitalize on the growth potential of key Mexican companies. With a dividend yield of 1.86%, HEWW may appeal to income-seeking investors, while its beta of 0.76 suggests lower volatility compared to the broader market. HEWW may be worth researching's concentrated nature and specific country focus when evaluating its suitability for their portfolios.
ETF Overview
Risk Metrics
HEWW's concentrated portfolio of just 10 holdings introduces significant concentration risk. A downturn in any of its top holdings, such as America Movil (16.26%) or Wal-Mart de Mexico (9.74%), could disproportionately impact the ETF's performance. The fund's focus on a single country, Mexico, also exposes it to country-specific risks, including political instability, economic fluctuations, and currency volatility. With a beta of 0.76, HEWW exhibits lower volatility compared to the broader market, suggesting it may be less sensitive to market swings. However, the concentrated nature of the portfolio could still lead to significant price fluctuations. Investors should carefully consider these risks before investing in HEWW.
Top Holdings
- America Movil SAB de CV Class L (AMXL.MX): 16.26%
- Wal - Mart de Mexico SAB de CV (WALMEX.MX): 9.74%
- Fomento Economico Mexicano SAB de CV Units (1 Series B, 4 Series D) (FEMSAUBD.M): 9.57%
- Grupo Financiero Banorte SAB de CV Class O (GFNORTEO.M): 9.49%
- Cemex SAB de CV (CEMEXCPO.M): 4.16%
- Grupo Televisa SAB (TLEVISACPO): 4.03%
- Grupo Mexico SAB de CV (GMEXICOB.M): 3.93%
- Grupo Aeroportuario del Pacifico SAB de CV Class B (GAPB.MX): 2.86%
- Grupo Aeroportuario del Sureste SAB de CV Class B (ASURB.MX): 2.36%
- Grupo Bimbo SAB de CV Shs A (BIMBOA.MX): 2.35%
Dividend Yield
1.86%
Risk Metrics
- Beta: 0.76
Questions & Answers
What is HEWW and what does it track?
HEWW is an exchange-traded fund that provides investors with targeted exposure to the Mexican equity market. It achieves this by investing in a concentrated portfolio of only 10 holdings, focusing on some of the largest and most influential companies in Mexico. The fund's top holdings include companies like America Movil SAB de CV Class L (AMXL.MX), Wal - Mart de Mexico SAB de CV (WALMEX.MX), and Fomento Economico Mexicano SAB de CV Units (FEMSAUBD.M). HEWW is designed for investors seeking a focused approach to investing in the Mexican economy.
What is the expense ratio for HEWW?
While the exact expense ratio for HEWW is not provided, it's crucial to consider this factor when evaluating the ETF. The expense ratio represents the annual cost of operating the fund, expressed as a percentage of the fund's assets. A lower expense ratio is generally more favorable, as it means investors retain more of their returns. Investors should compare HEWW's expense ratio to similar ETFs to assess its cost-effectiveness.
What are the top holdings in HEWW?
HEWW's portfolio is highly concentrated, with its top holdings representing a significant portion of its assets. As of 2026-03-15, the top three holdings are America Movil SAB de CV Class L, comprising 16.26% of the fund; Wal - Mart de Mexico SAB de CV, accounting for 9.74%; and Fomento Economico Mexicano SAB de CV Units, representing 9.57%. These three companies alone make up over 35% of the ETF's total assets. Other notable holdings include Grupo Financiero Banorte SAB de CV Class O (9.49%) and Cemex SAB de CV (4.16%).
Is HEWW a good long-term investment?
Whether HEWW is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and outlook on the Mexican economy. HEWW offers targeted exposure to a select group of Mexican companies, which can be beneficial if the Mexican market performs well. However, its concentrated portfolio and single-country focus also introduce specific risks. The fund's beta of 0.76 suggests lower volatility compared to the broader market, but past performance does not guarantee future results. Investors should carefully consider these factors before making a long-term investment decision.
How does HEWW compare to similar ETFs?
HEWW distinguishes itself from broader emerging market ETFs through its exclusive focus on the Mexican equity market. While other ETFs may offer exposure to a wider range of emerging economies, HEWW provides a more targeted investment in Mexico. This focused approach can be advantageous if an investor has a strong conviction in the growth prospects of the Mexican market. However, it also means that HEWW's performance is heavily reliant on the Mexican economy. Investors should compare HEWW's expense ratio, holdings, and performance to those of other relevant ETFs to determine which best aligns with their investment objectives.
Does HEWW pay dividends?
Yes, HEWW distributes dividends to its shareholders. As of 2026-03-15, HEWW has a dividend yield of 1.86%. This means that for every $100 invested in HEWW, investors can expect to receive $1.86 in dividend payments annually, before any applicable taxes or fees. The dividend yield can fluctuate based on the performance of the underlying holdings and the fund's distribution policy. Investors seeking income may find HEWW's dividend yield attractive.