Mexico ETFs invest in the equity of companies based in Mexico. One of the largest economies in Latin America, Mexico's economy exhibits growth potential of an emerging market. Several ETFs serve as a proxy to the Mexico stock market. The largest Mexico ETF is the iShares MSCI Mexico Capped ETF (EWW), with strong liquidity. Traders can also use the Deutsche X-trackers MSCI Mexico Hedged Equity (DBMX) as a currency-hedged Mexican ETF.