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IJH

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1m

Analysis and statistics

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About

IJH.MX represents the iShares Core S&P Mid-Cap ETF trading on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This ETF provides investors access to a diversified portfolio of mid-sized U.S. companies, mirroring the performance of the S&P MidCap 400 Index. By being listed on the Mexican Stock Exchange, IJH.MX allows Mexican investors to conveniently invest in this U.S. mid-cap equity exposure within their local market. The .MX suffix signifies its listing on the Mexican exchange, differentiating it from the same ETF listed on other exchanges under a different ticker symbol.
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Factors

IJH.MX's price is primarily influenced by the underlying securities within the S&P MidCap 400 index, converted to Mexican pesos. Index Performance: The overall performance of the S&P MidCap 400 index directly impacts IJH.MX's NAV.

MXN/USD Exchange Rate: Fluctuations in the Mexican peso's value against the US dollar affect the ETF's price in Mexican pesos.

Supply and Demand: Market demand for IJH.MX shares can create price discrepancies relative to its NAV.

Fund Management Fees: The ETF's expense ratio slightly reduces returns compared to the unmanaged index.

Dividend Yield: Dividends paid by the underlying companies contribute to the ETF's total return and price.

Trading Volume/Liquidity: High trading volume typically leads to tighter bid-ask spreads and better price discovery.

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