Weekly Channel Summary
The Region & Country ETF channel encompasses 191 funds from 37 issuers, with total assets under management standing at $289.77 billion. Investors added a net $1.15 billion to the channel over the past week, contributing to a year-to-date inflow of $21.57 billion. Over the last twelve months, the channel has accumulated $29.72 billion in net new assets.
This Week’s Performance Leaders and Laggards
Latin America was the top-performing region this week, posting a 1.15% gain, bringing its year-to-date return to 12.39%. In contrast, North America was the weakest region with a -0.65% weekly decline, though it remains up 10.25% for the year. Despite a modest 0.47% gain for the week, the Asia-Pacific region continues to lead all others on a year-to-date basis with a strong 21.24% return.
Region Performance Snapshot
| Region | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Latin America | 1.15% | 4.28% | -6.66% | -1.75% | 12.39% | 36.80% |
| Asia-Pacific | 0.47% | -3.65% | 3.20% | 11.89% | 21.24% | 39.30% |
| Eurozone | -0.11% | 1.61% | 3.26% | 4.11% | 8.02% | 16.81% |
| Africa-Middle East | -0.49% | -1.43% | -4.60% | -4.74% | 2.57% | 14.06% |
| North America | -0.65% | 3.12% | 2.80% | 6.68% | 10.25% | 27.03% |
Top & Bottom 5 ETFs by Weekly Performance
Among individual funds, the First Trust China AlphaDEX Fund (FCA) delivered the best performance with a 4.69% weekly gain. Several other China and Korea-focused funds also posted strong results for the week. Conversely, Vietnam-focused ETFs faced significant headwinds, with the KraneShares Dragon Capital Growth of Vietnam Index ETF (KPHO) falling -6.27% to become the category’s worst performer.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FCA | First Trust China AlphaDEX Fund | 4.69% |
| KDEF | PLUS Korea Defense Industry Index ETF | 4.59% |
| KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | 3.58% |
| GREK | Global X MSCI Greece ETF | 3.49% |
| ENOR | iShares MSCI Norway ETF | 3.25% |
| Bottom Performers | ||
| KPHO | KraneShares Dragon Capital Growth of Vietnam Index ETF | -6.27% |
| VNAM | Global X MSCI Vietnam ETF | -5.69% |
| VNM | VanEck Vietnam ETF | -5.07% |
| EDEN | iShares MSCI Denmark ETF | -3.67% |
| INQQ | The India Internet ETF | -3.59% |
Analyzing the Weekly Flows
The Region & Country channel attracted over $1.15 billion in net inflows this week, driven almost entirely by interest in a single region. Asia-Pacific funds dominated the flows, pulling in $979 million in new capital. Both the Eurozone and North America categories also saw positive inflows, while Latin America and Africa-Middle East experienced modest net redemptions for the week.
Region Flows Summary
| Region | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Asia-Pacific | 107 | $165.56B | $979M | $2,358M | $2,891M | $14,037M | $18,282M |
| Eurozone | 55 | $85.09B | $104M | $1,171M | $225M | $1,326M | $3,495M |
| North America | 3 | $17.64B | $98M | $134M | $841M | $2,335M | $2,721M |
| Africa-Middle East | 11 | $2.99B | -$11M | -$85M | -$204M | $442M | $665M |
| Latin America | 15 | $18.49B | -$19M | -$621M | -$2,682M | $3,432M | $4,554M |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares MSCI South Korea ETF (EWY) was the clear leader, attracting an impressive $940 million in new assets. On the redemption side, the Franklin FTSE Taiwan ETF (FLTW) experienced the largest outflow of the week at $210 million. The iShares MSCI Japan ETF (EWJ) also saw significant withdrawals, shedding $177 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EWY | iShares MSCI South Korea ETF | $940M |
| BBJP | JPMorgan BetaBuilders Japan ETF | $340M |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | $213M |
| EWI | iShares MSCI Italy ETF | $81M |
| EWP | iShares MSCI Spain ETF | $67M |
| Outflows | ||
| FLTW | Franklin FTSE Taiwan ETF | -$210M |
| EWJ | iShares MSCI Japan ETF | -$177M |
| FXI | iShares China Large-Cap ETF | -$144M |
| VGK | Vanguard FTSE Europe ETF | -$114M |
| FLJP | Franklin FTSE Japan ETF | -$94M |
Issuer League Table Update
iShares continues to dominate the issuer landscape with a 53.56% market share, followed by JPMorgan with 15.18% of channel assets. Consistent with its market leadership, iShares also led weekly inflows, gathering $870 million in new capital. In contrast, Franklin experienced the largest net outflows among issuers this week, with investors pulling $219 million from its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $155.19B | 53.56% |
| JPMorgan | 5 | $43.98B | 15.18% |
| Vanguard | 2 | $37.90B | 13.08% |
| Franklin | 18 | $14.21B | 4.90% |
| WisdomTree | 10 | $12.71B | 4.39% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $870M |
| JPMorgan | $385M |
| Xtrackers | $213M |
| Outflows | |
| Franklin | -$219M |
| Vanguard | -$113M |
| WisdomTree | -$35M |
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.
