A manufacturing powerhouse riding the nearshoring wave. Deep US economic integration, world-class airport infrastructure, and consumer brands serving 130 million people — backed by decades of industrial know-how.
Airport groups and infrastructure names capture manufacturing FDI inflows
FEMSA's 20,000+ OXXO stores and Coca-Cola FEMSA's bottling empire
Southern Copper and CEMEX benefit from electrification and construction
The primary vehicle for broad Mexico exposure. Concentrated in consumer staples, telecom, and materials. Deep liquidity and options available for hedging.
Lower-cost alternative to EWW with similar holdings. Smaller AUM means wider spreads, but the 0.19% expense ratio makes it attractive for long-term positions.
Latin America's telecom giant, serving 300M+ subscribers across 25 countries. Founded by Carlos Slim, the company dominates mobile and fixed-line services throughout the region with growing data revenue.
Operates 20,000+ OXXO convenience stores and the world's largest independent Coca-Cola bottling operation. Executing a strategic simplification with a new $300M buyback. P/E distorted by one-time items — underlying multiples are lower.
Global building materials leader with 60%+ revenue from the Americas. Earned an MSCI ESG AAA rating and received multiple analyst upgrades in March 2026. A direct play on nearshoring construction spend.
Operates 12 airports including Guadalajara and Tijuana — two key nearshoring hubs. Concession-based model with pricing power and direct exposure to tourism and cargo growth.
Controls Cancún — Mexico's crown-jewel international airport — plus 8 other airports. Exceptional cash generation and a yield exceeding 10% (likely includes special dividends). A premium franchise.
Operates Monterrey's airport — ground zero for nearshoring FDI — plus 12 other airports. Cargo volumes are surging as manufacturing reshoring accelerates into northern Mexico.
World's largest publicly traded copper producer by reserves. 42.75% ROE and 58.65% EBITDA margins — industry-leading figures. Structural copper deficits from electrification and AI data centers drive the long-term thesis.
The world's largest franchise Coca-Cola bottler by volume, serving 400M+ consumers across 10 Latin American countries. Consistent margins, defensive positioning, and steady dividend growth.
Mexico's largest domestically-owned bank with 30M+ customers. Trades on OTC markets with lower liquidity, but offers pure-play Mexican banking exposure at an estimated ~8× earnings.
Deep-value turnaround play. At $1.6B market cap, trades at a steep discount to the sum of its parts (43% stake in TelevisaUnivision plus Izzi broadband). Real execution risk — but the math is compelling for contrarians.
All prices reflect March–April 2026 data and may have moved materially. Treat these as directional reference points, not executable quotes. P/E ratios use trailing twelve months unless noted. Dividend yields are trailing and may include special distributions. “N/A” indicates data was not available from US financial data platforms at time of publication. Always verify current pricing and metrics through your brokerage before making investment decisions.