ETF · iShares
CMX1 iShares MSCI Mexico Capped UCITS ETF
ISIN IE00B5WHFQ43London Stock Exchange: CMX1BlackRock, Inc.
- Emerging markets
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£171.43
on
- Ongoing charge
- 0.65% a year
- Fund size
- £91.0m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, CMX1 (iShares MSCI Mexico Capped UCITS ETF, ISIN IE00B5WHFQ43) closed at £171.43 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the five years to 13/11/2026 its total return was +84.9%, or +44.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +15.4%
- +11.3% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +39.1%
- +25.7% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +84.9%
- +44.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,849 on 13/11/2026 — about £1,443 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares MSCI Mexico Capped UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +10.6%, 2023 +30.2%, 2024 −25.7%, 2025 +43.9%; 2026 to 13/11/2026 +15.5%. Returns of iShares MSCI Mexico Capped UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +13.6%; to 30/09/2025: +26.5%; to 30/09/2024: −11.0%; to 30/09/2023: +20.6%; to 30/09/2022: +14.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +15.5% | +11.8% | |
| to | +43.9% | +39.0% | |
| to | −25.7% | −28.2% | |
| +30.2% | +25.0% | ||
| +10.6% | +1.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +13.6% | +9.6% |
| from | +26.5% | +21.6% |
| from | −11.0% | −13.3% |
| from | +20.6% | +13.4% |
| from | +14.0% | +4.8% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
20.8%over 5 years
| 1 year | 19.3% |
|---|---|
| 3 years | 19.5% |
| 5 years | 20.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −28.5%
- From to
- Lowest 12-month return
- −26.0%
- 12 months to
- Highest 12-month return
- +62.7%
- 12 months to
- Below its highest weekly close since November 2021
- 1.0%
- High of , latest
In words: Volatility of iShares MSCI Mexico Capped UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 19.3% over 1 year, 19.5% over 3 years, 20.8% over 5 years. Largest fall in the price of iShares MSCI Mexico Capped UCITS ETF since November 2021, in pounds: −28.5% from 05/04/2024 to 03/01/2025. The lowest 12-month return of iShares MSCI Mexico Capped UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −26.0% (12 months to 04/04/2025); the highest was +62.7% (12 months to 10/04/2026). On 13/11/2026 the price of iShares MSCI Mexico Capped UCITS ETF was 1.0% below its highest weekly close since November 2021 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.65%
- a year
- On £10,000
- £65
- a year, roughly
- Over five years
- £321
- of £10,000, before growth
- 118 charge less
- 12 the same
- 21 charge more
Ongoing charge of iShares MSCI Mexico Capped UCITS ETF 0.65% a year. Compared on 14/11/2026, 21 of the 151 other emerging-market share funds charge more, 12 the same and 118 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MSCI Mexico Capped UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2010.
It tracks the MSCI Mexico Capped Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- CMX1
- ISIN
- IE00B5WHFQ43
- Also listed as
- CMXC (London Stock Exchange, US dollars)
- Provider
- iShares
- Tracks
- MSCI Mexico Capped Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.65% a year · about £65 on £10,000
- Fund size
- £91.0m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Emerging markets
Price chart
Over the last year, the closing price went from £144.09 on 14/11/2025 to £171.43 on 13/11/2026 (+19.0%). The lowest close shown was £144.09 on 14/11/2025 and the highest £173.24 on 27/02/2026.
One close a week. Before 27/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
257 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 22
- on record
- Ten largest
- 78.1%
- of the whole fund
- Effective number of holdings
- 12
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 16.6%
- Grupo Mexico S.A.B. de C.V
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Grupo Mexico S.A.B. de C.VGMEXICO/BMaterials | 16.55% |
| 2 | Gpo Finance BanorteFinancials | 12.92% |
| 3 | Fomento Economico MexicanoConsumer Staples | 10.48% |
| 4 | America MovilAMX/BCommunication Services | 9.33% |
| 5 | Cemex CpoMaterials | 7.93% |
| 6 | Walmart de Mexico VConsumer Staples | 6.65% |
| 7 | Grupo Aeroportuario del PacificoGAP/BIndustrials | 4.31% |
| 8 | Indust PenolesMaterials | 3.97% |
| 9 | Arca ContinentalACConsumer Staples | 3.10% |
| 10 | Coca-Cola Femsa Class Ubl UnitsConsumer Staples | 2.89% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Consumer Staples30.0%
- Materials28.5%
- Financials14.7%
- Industrials12.0%
- Communication Services9.3%
- Real Estate5.0%
- Cash and derivatives0.6%
By type of asset
- Equity99.5%
- Cash and money market0.6%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 22 largest and what changed since .
More of the portfolio
The fund publishes 21 holdings; the ten largest make up 78.1% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 247 rolling 12-month returns since January 2021, and of 143 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 142 emerging-market share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 13/11/2026 (148 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of CMX1?
The ongoing charge of CMX1 is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares MSCI Mexico Capped UCITS ETF 0.65% a year. Compared on 14/11/2026, 21 of the 151 other emerging-market share funds charge more, 12 the same and 118 less (share classes counted once).
What does CMX1 track?
CMX1 tracks the MSCI Mexico Capped Index.
Is CMX1 accumulating or distributing?
CMX1 is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of CMX1?
The ISIN of CMX1 is IE00B5WHFQ43. An ISIN identifies one exact share class of a fund; CMX1 is its ticker on the London Stock Exchange. The same share class is also listed as CMXC (London Stock Exchange, US dollars).
What does CMX1 hold?
As of 06/11/2026, CMX1 holds 21 positions, according to its published holdings. The largest is Grupo Mexico S.A.B. de C.V at 16.55% of the fund; the ten largest make up 78.1%. Its ten largest holdings are Grupo Mexico S.A.B. de C.V (16.55%), Gpo Finance Banorte (12.92%), Fomento Economico Mexicano (10.48%), America Movil (9.33%), Cemex Cpo (7.93%), Walmart de Mexico V (6.65%), Grupo Aeroportuario del Pacifico (4.31%), Indust Penoles (3.97%), Arca Continental (3.10%) and Coca-Cola Femsa Class Ubl Units (2.89%).
What were CMX1’s returns in each of the last five years?
Calendar-year returns of CMX1 in pounds (price, with income reinvested in the fund): 2022 +10.6%, 2023 +30.2%, 2024 −25.7%, 2025 +43.9%; 2026 to 13/11/2026 +15.5%. Past performance is not a guide to future returns.
How has CMX1 done after inflation?
Over the five years to 13/11/2026 CMX1’s total return was +84.9%, or +44.3% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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