ETFs exposed to the evolution of Mexican Stocks recorded a positive daily performance (+2%) on Thursday, May 30th. On a year-to-date basis, ETFs included in the segment progressed on average by +8.27%, far from their YTD high of 15.16% on the 19th of April. Indeed, over the last 30 days, returns have been dropping and investors have been selling out the segment with -$71.17M of cumulated outflows over the same period. ETFs seem to be sensitive to the conflict with the United States and to what Trump said about the correlation between increasing tariffs on Mexican goods and illegal immigration. The segment gathers 12 funds tracking 9 indices for a total of $4,6 bn of assets under management.