Japan ETFs Attract Capital as Brazil Funds Lead Performance

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Weekly Channel Summary

The Region & Country channel encompasses 193 ETFs from 38 issuers, with total assets under management of $305.98 billion. The channel experienced modest net outflows of $91 million over the past week. Despite the weekly withdrawal, year-to-date flows remain robust at $26.91 billion, and the one-year total stands at a healthy $37.37 billion.

This Week’s Performance Leaders and Laggards

Latin America was the standout performer this week, gaining 4.49% and extending its strong year-to-date run to 18.15%. Asia-Pacific funds also posted a solid weekly gain of 2.24%, and this region continues to lead all others on a year-to-date basis with an impressive 33.33% return. At the other end of the spectrum, the Eurozone was the only region to finish in the red, declining by 0.28% for the week.

Region Performance Snapshot

Region WTD 1 Month 3 Month 6 Month YTD 1 Year
Latin America 4.49% 3.51% 7.57% 2.96% 18.15% 34.88%
Asia-Pacific 2.24% 3.89% 1.49% 17.66% 33.33% 52.17%
North America 0.56% 3.38% 5.14% 8.83% 15.76% 27.83%
Africa-Middle East 0.50% 2.52% 1.72% 1.75% 9.07% 22.83%
Eurozone -0.28% -0.18% 4.69% 8.55% 12.17% 21.75%

Top & Bottom 5 ETFs by Weekly Performance

Brazilian equities drove the list of top-performing funds, with the VanEck Brazil Small-Cap ETF (BRF) surging 7.22%. The iShares MSCI Brazil ETF (EWZ) also posted a strong 6.50% gain. Conversely, the iShares MSCI Turkey ETF (TUR) was the week’s laggard, falling 4.01%. Several China-focused technology funds also struggled, including the VanEck China Semiconductor ETF (SMHC), which dropped 3.94%.

Ticker Fund Name WTD Performance
Top Performers
BRF VanEck Brazil Small-Cap ETF 7.22%
EWZS iShares MSCI Brazil Small-Cap ETF 7.09%
KSMH xETFs Korea AI Semiconductor ETF 6.57%
EWZ iShares MSCI Brazil ETF 6.50%
FLBR Franklin FTSE Brazil ETF 6.35%
Bottom Performers
TUR iShares MSCI Turkey ETF -4.01%
SMHC VanEck China Semiconductor ETF -3.94%
KSTR KraneShares China Technology & Semiconductor STAR 50 Index ETF -3.13%
KGRN KraneShares MSCI China Clean Technology Index ETF -2.93%
MCHS Matthews China Innovators Active ETF -2.84%

Analyzing the Weekly Flows

The Region & Country channel saw a slight net outflow of $91 million for the week, reversing some of the recent positive momentum. Asia-Pacific was the only region to attract net new assets, bringing in $81 million. Eurozone funds saw the largest redemptions at $101 million, while Latin America and North America also experienced modest outflows.

Region Flows Summary

Region Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Asia-Pacific 108 $176.63B $81M $1,840M $8,165M $18,621M $23,726M
Africa-Middle East 12 $3.06B -$5M -$43M -$224M $356M $639M
North America 3 $18.97B -$20M $521M $1,149M $2,918M $3,268M
Latin America 15 $18.28B -$47M -$1,001M -$2,451M $2,487M $3,718M
Eurozone 55 $89.04B -$101M $1,086M $2,863M $2,529M $6,022M

Top & Bottom 5 ETFs by 5-Day Flow

Investor interest was heavily concentrated in Japan, with the iShares MSCI Japan ETF (EWJ) leading all funds with $286 million in new assets. The JPMorgan BetaBuilders Japan ETF (BBJP) also saw significant demand, pulling in $200 million. On the other side of the ledger, the iShares Asia 50 ETF (AIA) experienced the largest weekly outflow of $284 million, followed by the KraneShares CSI China Internet ETF (KWEB) with $119 million in redemptions.

Ticker Fund Name 5-Day Flow
Inflows
EWJ iShares MSCI Japan ETF $286M
BBJP JPMorgan BetaBuilders Japan ETF $200M
VGK Vanguard FTSE Europe ETF $92M
EWS iShares MSCI Singapore ETF $60M
FLTW Franklin FTSE Taiwan ETF $31M
Outflows
AIA iShares Asia 50 ETF -$284M
KWEB KraneShares CSI China Internet ETF -$119M
EWG iShares MSCI Germany ETF -$79M
HEWJ iShares Currency Hedged MSCI Japan ETF -$55M
EWW iShares MSCI Mexico ETF -$54M

Issuer League Table Update

iShares continues to dominate the Region & Country landscape, commanding 54.09% of the market share, with JPMorgan in a distant second at 15.32%. This week, JPMorgan led all issuers with $169 million in net inflows, largely driven by its Japan-focused fund. In contrast, market leader iShares saw the largest net outflows, with investors pulling $212 million from its products.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 64 $165.50B 54.09%
JPMorgan 5 $46.88B 15.32%
Vanguard 2 $39.28B 12.84%
Franklin 18 $15.87B 5.19%
WisdomTree 10 $12.83B 4.19%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
JPMorgan $169M
Vanguard $93M
Franklin $39M
Outflows
iShares -$212M
KraneShares -$111M
Global X -$23M

For a deeper dive into these trends, access our FREE, in-depth Region & Country ETF reports in the right side panel of this page.

Disclosures

This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.

This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.