Weekly Channel Summary
The Region & Country channel closed the week with $302.31B in total AUM spread across 196 ETFs from 39 issuers. Net flows were negative on the week at $-1,805M, though the channel remains solidly positive over longer horizons with $25,128M gathered YTD and $35,377M over the trailing 1-Year period. The weekly outflow marks a pause relative to the channel’s broader 2026 accumulation trend.
This Week’s Performance Leaders and Laggards
Every region tracked posted negative returns on the week, with Africa-Middle East holding up best at -0.44% while Latin America lagged at -1.97%. Asia-Pacific, the channel’s largest region by fund count and AUM, fell -1.30% WTD but remains the standout performer over longer windows, up 30.19% YTD and 39.62% over the trailing year. Eurozone funds declined -1.73% WTD and trail on a YTD basis at 8.41%. North America was the weakest 1-Month performer at -2.27% despite strong 3-Month and 6-Month gains of 4.15% and 10.73%, respectively.
Region Performance Snapshot
| Region | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Africa-Middle East | -0.44% | 0.81% | 0.12% | 4.62% | 7.17% | 17.28% |
| North America | -0.62% | -2.27% | 4.15% | 10.73% | 12.33% | 21.63% |
| Asia-Pacific | -1.30% | 1.61% | -3.15% | 18.38% | 30.19% | 39.62% |
| Eurozone | -1.73% | -3.28% | 0.32% | 10.12% | 8.41% | 15.43% |
| Latin America | -1.97% | 7.41% | 6.03% | 5.07% | 15.99% | 27.29% |
Top & Bottom 5 ETFs by Weekly Performance
China-focused technology and semiconductor names dominated the top of the leaderboard, led by KSTR at 7.36% WTD, followed by TGRZ at 6.19% and SMHC at 5.88%. On the downside, South Korea-linked funds were hit hardest, with TUR falling -7.81% and KMCA down -5.20%. The bottom five list was rounded out by additional Korea and Colombia exposures, underscoring broad weakness in select emerging markets this week. This divergence highlights the split within Asia-Pacific itself, where Chinese tech strength offset sharp Korean declines.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| KSTR | KraneShares China Technology & Semiconductor STAR 50 Index ETF | 7.36% |
| TGRZ | China AI Tigers LLM ETF | 6.19% |
| SMHC | VanEck China Semiconductor ETF | 5.88% |
| CRAM | Defiance China Memory ETF | 4.06% |
| KURE | KraneShares MSCI All China Health Care Index ETF | 3.49% |
| Bottom Performers | ||
| TUR | iShares MSCI Turkey ETF | -7.81% |
| KMCA | PLUS Korea Manufacturing Core Alliance Index ETF | -5.20% |
| MKOR | Matthews Korea Active ETF | -4.50% |
| FLKR | Franklin FTSE South Korea ETF | -4.36% |
| COLO | Global X MSCI Colombia ETF | -4.15% |
Analyzing the Weekly Flows
The channel posted a net outflow of $-1,805M for the week, driven almost entirely by Asia-Pacific, which shed $-1,759M and also led 30-Day outflows at $-2,037M. Eurozone funds saw a smaller outflow of $-187M, while North America led inflows with $108M, followed by Latin America at $33M and flat flows in Africa-Middle East. Despite the weekly pullback, Asia-Pacific remains the largest source of longer-term inflows, with $16,580M YTD and $21,046M over the trailing year, more than any other region. Eurozone’s 90-Day inflow of $2,611M also stands out relative to its negative weekly print.
Region Flows Summary
| Region | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| North America | 3 | $18.88B | $108M | $273M | $918M | $3,119M | $3,370M |
| Latin America | 15 | $17.98B | $33M | -$95M | -$1,568M | $2,518M | $3,693M |
| Africa-Middle East | 12 | $3.03B | $0M | -$32M | -$208M | $338M | $625M |
| Eurozone | 55 | $87.78B | -$187M | $172M | $2,611M | $2,574M | $6,644M |
| Asia-Pacific | 111 | $174.64B | -$1,759M | -$2,037M | $5,431M | $16,580M | $21,046M |
Top & Bottom 5 ETFs by 5-Day Flow
Single-country flows were led by EWC, which gathered $108M, followed by FLTW at $83M and VPL at $70M. On the outflow side, EWY saw a substantial $-1,158M redemption, by far the largest in the channel, followed by INDA at $-198M. These two outflows alone account for the majority of the channel’s net weekly redemption, reinforcing that South Korea and India exposures were the primary drag this week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EWC | iShares MSCI Canada ETF | $108M |
| FLTW | Franklin FTSE Taiwan ETF | $83M |
| VPL | Vanguard FTSE Pacific ETF | $70M |
| EWZ | iShares MSCI Brazil ETF | $61M |
| THD | iShares MSCI Thailand ETF | $44M |
| Outflows | ||
| EWY | iShares MSCI South Korea ETF | -$1,158M |
| INDA | iShares MSCI India ETF | -$198M |
| CQQQ | Invesco China Technology ETF | -$176M |
| EWJ | iShares MSCI Japan ETF | -$132M |
| DXJ | WisdomTree Japan Hedged Equity Fund | -$106M |
Issuer League Table Update
iShares remains the dominant issuer in the channel with $163.19B in AUM and a 53.98% market share, followed by JPMorgan at $46.80B and 15.48% share. Despite its scale, iShares suffered the largest weekly outflow among issuers at $-1,391M, consistent with the EWY-driven redemptions noted above. Vanguard led weekly inflows with $73M, followed by Franklin at $33M, while WisdomTree and Invesco also posted outflows of $-202M and $-178M, respectively. The contrast between iShares’ scale and its outflow leadership highlights concentrated redemption pressure within a handful of its country-specific funds this week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $163.19B | 53.98% |
| JPMorgan | 5 | $46.80B | 15.48% |
| Vanguard | 2 | $39.20B | 12.97% |
| Franklin | 18 | $15.90B | 5.26% |
| WisdomTree | 10 | $12.52B | 4.14% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $73M |
| Franklin | $33M |
| OTG | $1M |
| Outflows | |
| iShares | -$1,391M |
| WisdomTree | -$202M |
| Invesco | -$178M |
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.
