Americas Lead Gains as Asia-Pacific Captures Flows

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Weekly Channel Summary

The Region & Country channel closed the week with $238B in assets under management across 185 ETFs. Investors demonstrated continued confidence in international markets, allocating a net $0.51B in inflows over the past 5 days. This positive momentum contributes to a robust year, with Year-To-Date inflows reaching $19.98B, further building upon the $14.15B collected over the trailing 1-year period.

This Week’s Performance Leaders and Laggards

International equities saw broad-based gains this week, with the Americas category leading the charge with a strong 4.72% return. The Africa-Middle East region, while still positive, was the primary laggard, returning 1.34%. Notably, the Americas region also maintains the lead on a Year-To-Date basis, boasting a 47.83% return, significantly outpacing the other major regions.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Americas 4.72% 4.97% 11.46% 21.46% 47.83% 40.04%
Eurozone 3.19% 1.20% 3.44% 7.82% 31.27% 28.90%
Asia-Pacific 2.36% -1.39% 4.09% 15.33% 23.59% 22.21%
Africa-Middle East 1.34% -1.75% 4.25% 13.74% 24.80% 26.72%

Top & Bottom 5 ETFs by Weekly Performance

Individual country exposure drove returns this week, with the iShares MSCI Peru and Global Exposure ETF (EPU) taking the top spot with a gain of 7.75%. Conversely, funds exposed to the Middle East struggled, with the Franklin FTSE Saudi Arabia Fund (FLSA) and the iShares MSCI Saudi Arabia ETF (KSA) serving as the week’s primary laggards.

Ticker Fund Name WTD Performance
Top Performers
EPU iShares MSCI Peru and Global Exposure ETF 7.75%
BRF VanEck Brazil Small-Cap ETF 6.60%
EWZS iShares MSCI Brazil Small-Cap ETF 5.85%
EWO iShares MSCI Austria ETF 5.65%
EIRL iShares MSCI Ireland ETF 5.18%
Bottom Performers
FLSA Franklin FTSE Saudi Arabia Fund -3.16%
KSA iShares MSCI Saudi Arabia ETF -2.63%
TUR iShares MSCI Turkey ETF -1.13%
UAE iShares MSCI UAE ETF -0.80%
EWM iShares MSCI Malaysia ETF -0.36%

Analyzing the Weekly Flows

The channel attracted a total of $505M in net inflows this week. The Asia-Pacific category captured the majority of this capital, bringing in $279M into a segment with $133.2B in total assets. The Eurozone also saw healthy interest with $111M in inflows, while notably, no category experienced net outflows for the period.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Asia-Pacific 101 $133.2B $279M $1,656M $3,757M $3,646M $1,813M
Eurozone 53 $76.0B $111M $441M $2,268M $12,817M $8,885M
Americas 18 $26.8B $101M $266M $874M $3,056M $2,886M
Africa-Middle East 11 $2.5B $15M $8M $215M $462M $566M

Top & Bottom 5 ETFs by 5-Day Flow

Inflows were dominated by Asian exposure this week, with the iShares MSCI South Korea ETF (EWY) securing the top spot. Outflows were concentrated in single-country funds, led by redemptions from the iShares MSCI Mexico ETF (EWW) and the Franklin FTSE Taiwan ETF (FLTW).

Ticker Fund Name 5-Day Flow
Inflows
EWY iShares MSCI South Korea ETF $162M
EWT iShares MSCI Taiwan ETF $158M
EWZ iShares MSCI Brazil ETF $74M
VGK Vanguard FTSE Europe ETF $58M
ILF iShares Latin America 40 ETF $38M
Outflows
EWW iShares MSCI Mexico ETF -$47M
FLTW Franklin FTSE Taiwan ETF -$40M
CNYA iShares MSCI China A ETF -$37M
AIA iShares Asia 50 ETF -$9M
SMIN iShares MSCI India Small Cap ETF -$7M

Issuer League Table Update

iShares continues to dominate the landscape, holding 48.89% of market share and gathering the most significant weekly inflows at $353M. JPMorgan follows as the second-largest issuer with 15.87% market share. While the top issuers saw inflows, Global X experienced the largest weekly outflows among the major brands.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 64 $116.55B 48.89%
JPMorgan 5 $37.84B 15.87%
Vanguard 2 $36.55B 15.33%
WisdomTree 10 $10.76B 4.51%
KraneShares 7 $9.56B 4.01%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $353M
JPMorgan $87M
Vanguard $59M
Outflows
Global X -$4M
Franklin -$2M
VanEck -$1M

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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.