Region & Country Recap: Asia-Pacific Gathers $1.5B Amidst Global Equity Headwinds

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Weekly Channel Summary

The EQ: Region & Country ETF channel manages a robust $294 billion across 190 exchange-traded funds from 36 distinct issuing brands. It was a positive week for asset gathering, with the channel bringing in $963 million in net new money over the past five days. This continues a strong long-term growth trend, adding to the $19.85 billion in inflows gathered Year-to-Date (YTD) and $34.89 billion secured over the trailing 1-year period.

This Week’s Performance Leaders and Laggards

In a broadly negative week for global equities, the Asia-Pacific category stood as the top relative performer, shielding investors best with a moderate Week-to-Date (WTD) decline of -1.86%. It remains in firmly positive territory on the year, up 8.74% YTD. Conversely, the Americas category lagged the broader peer group, shedding -4.58% WTD, though it still maintains a solid 8.69% gain YTD.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Asia-Pacific -1.86% 2.15% 1.02% 9.80% 8.74% 30.20%
Eurozone -1.93% 4.63% -1.80% -1.26% 9.21% 19.69%
Africa-Middle East -3.04% -1.49% -0.81% 7.20% 4.92% 24.18%
Americas -4.58% -7.60% -4.50% 12.47% 8.69% 33.98%

Top & Bottom 5 ETFs by Weekly Performance

At the fund level, the KSTR (KraneShares SSE STAR Market 50 Index ETF) posted the strongest individual result with a 3.46% gain. On the downside, the KDEF (PLUS Korea Defense Industry Index ETF) and the EWZS (iShares MSCI Brazil Small-Cap ETF) faced the steepest headwinds, dropping -9.17% and -8.59% respectively.

Ticker Fund Name WTD Performance
Top Performers
KSTR KraneShares SSE STAR Market 50 Index ETF 3.46%
DXJ WisdomTree Japan Hedged Equity Fund 2.87%
CNXT VanEck ChiNext Innovators ETF 2.63%
OPPJ WisdomTree Japan Opportunities Fund 2.62%
EWJV iShares MSCI Japan Value ETF 1.92%
Bottom Performers
KDEF PLUS Korea Defense Industry Index ETF -9.17%
EWZS iShares MSCI Brazil Small-Cap ETF -8.59%
BRF VanEck Brazil Small-Cap ETF -8.25%
EWZ iShares MSCI Brazil ETF -7.26%
BRAZ Global X Brazil Active ETF -6.81%

Analyzing the Weekly Flows

Overall, the channel secured a total net flow of $963 million this week. The Asia-Pacific category absorbed nearly all of the positive sentiment, bringing in a massive $1,536 million to bump its total AUM up to $168.9 billion. While it was the only category to see positive flows, it significantly outweighed the outflows elsewhere. The Eurozone category saw the largest overall drag, losing -$305 million in net outflows.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Asia-Pacific 105 $168.9B $1,536M $3,745M $5,566M $12,041M $20,640M
Africa-Middle East 11 $3.4B -$40M -$60M $123M $611M $944M
Americas 18 $38.2B -$228M $749M $3,783M $7,545M $9,638M
Eurozone 55 $83.2B -$305M -$1,663M -$1,800M -$346M $3,661M

Top & Bottom 5 ETFs by 5-Day Flow

Looking at specific products, the KWEB (KraneShares CSI China Internet ETF) dominated capital gathering with an impressive $766 million in 5-day inflows. Conversely, the EWY (iShares MSCI South Korea ETF) and the VPL (Vanguard FTSE Pacific ETF) saw the largest redemptions, losing $395 million and $259 million respectively.

Ticker Fund Name 5-Day Flow
Inflows
KWEB KraneShares CSI China Internet ETF $766M
EWJ iShares MSCI Japan ETF $679M
EWT iShares MSCI Taiwan ETF $242M
CQQQ Invesco China Technology ETF $240M
AIA iShares Asia 50 ETF $177M
Outflows
EWY iShares MSCI South Korea ETF -$395M
VPL Vanguard FTSE Pacific ETF -$259M
EZU iShares MSCI Eurozone ETF -$155M
BBJP JPMorgan BetaBuilders Japan ETF -$135M
EWP iShares MSCI Spain ETF -$106M

Issuer League Table Update

The issuer landscape remains highly concentrated at the top, with iShares holding a massive 53.76% market share, followed by JPMorgan at 14.68%. Over the past 5 trading days, KraneShares was the most successful gatherer, pulling in $766 million in net inflows. On the other end of the spectrum, Vanguard faced the most significant momentum drag, seeing $256 million exit its products.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 64 $157.81B 53.76%
JPMorgan 5 $43.11B 14.68%
Vanguard 2 $38.31B 13.05%
Franklin 18 $13.16B 4.48%
WisdomTree 10 $12.52B 4.26%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
KraneShares $766M
Invesco $235M
iShares $210M
Outflows
Vanguard -$256M
JPMorgan -$190M
State Street -$66M

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.