Weekly Channel Summary
The Region & Country ETF channel encompasses 191 funds from 37 issuers, with total assets under management standing at $288.62B. Investors added a net $3.27B to the channel over the past week, contributing to a year-to-date inflow of $20.42B. Over the last twelve months, the channel has accumulated $29.56B in net new assets.
This Week’s Performance Leaders and Laggards
North America was the sole region to post positive returns this week, gaining 1.33%, making it the only bright spot in an otherwise negative landscape. In contrast, Asia-Pacific ETFs experienced a sharp downturn, falling -4.55% for the week. Other regions also saw declines, with Latin America down -1.70% and the Eurozone slipping -0.11%. Despite the weekly drop, Asia-Pacific remains the top-performing region year-to-date with a gain of 19.85%.
Region Performance Snapshot
| Region | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| North America | 1.33% | 2.32% | 2.52% | 8.67% | 10.98% | 28.56% |
| Eurozone | -0.11% | 0.36% | 0.95% | 4.97% | 8.12% | 18.95% |
| Africa-Middle East | -1.02% | -2.65% | -7.41% | -2.49% | 2.98% | 15.72% |
| Latin America | -1.70% | 0.81% | -10.29% | 5.17% | 11.05% | 34.29% |
| Asia-Pacific | -4.55% | -5.69% | 1.33% | 12.01% | 19.85% | 40.44% |
Top & Bottom 5 ETFs by Weekly Performance
Indonesian equities delivered the strongest performance, with the VanEck Indonesia Index ETF (IDX) climbing 5.62% and the iShares MSCI Indonesia ETF (EIDO) rising 4.81%. On the other end of the spectrum, Chinese technology and South Korean funds faced significant headwinds. The KraneShares SSE STAR Market 50 Index ETF (KSTR) plunged -17.85%, while the iShares MSCI South Korea ETF (EWY) fell -11.43%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IDX | VanEck Indonesia Index ETF | 5.62% |
| EIDO | iShares MSCI Indonesia ETF | 4.81% |
| MAGC | Roundhill China Magnificent Seven ETF | 2.77% |
| EWM | iShares MSCI Malaysia ETF | 2.73% |
| PGJ | Invesco Golden Dragon China ETF | 2.60% |
| Bottom Performers | ||
| KSTR | KraneShares SSE STAR Market 50 Index ETF | -17.85% |
| SMHC | VanEck China Semiconductor ETF | -16.17% |
| MCHS | Matthews China Innovators Active ETF | -13.93% |
| FLKR | Franklin FTSE South Korea ETF | -11.58% |
| EWY | iShares MSCI South Korea ETF | -11.43% |
Analyzing the Weekly Flows
The channel attracted a total of $3.27B in net inflows, with the vast majority directed towards the Asia-Pacific region. Asia-Pacific funds collected an impressive $3.19B, demonstrating strong investor conviction despite poor weekly performance. Eurozone and North America funds saw modest inflows of $158M and $33M, respectively, while Latin America was the only region to experience net outflows, shedding $110M.
Region Flows Summary
| Region | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Asia-Pacific | 107 | $163.93B | $3,185M | $1,935M | $3,485M | $13,058M | $18,311M |
| Eurozone | 55 | $85.74B | $158M | $1,378M | -$156M | $1,222M | $3,461M |
| North America | 3 | $17.72B | $33M | $131M | $760M | $2,237M | $2,605M |
| Africa-Middle East | 11 | $3.04B | $0M | -$93M | -$201M | $453M | $686M |
| Latin America | 15 | $18.20B | -$110M | -$635M | -$2,307M | $3,451M | $4,493M |
Top & Bottom 5 ETFs by 5-Day Flow
A massive strategic allocation into South Korea defined the week’s fund flows, even as the country’s ETFs sold off sharply. The iShares MSCI South Korea ETF (EWY) single-handedly brought in over $3.0B, suggesting investors were buying the dip. Conversely, the iShares China Large-Cap ETF (FXI) saw the largest redemptions at $267M. The iShares MSCI Brazil ETF (EWZ) also experienced significant outflows of $114M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EWY | iShares MSCI South Korea ETF | $3,029M |
| FLKR | Franklin FTSE South Korea ETF | $96M |
| FLJP | Franklin FTSE Japan ETF | $95M |
| IEUR | iShares Core MSCI Europe ETF | $90M |
| FLTW | Franklin FTSE Taiwan ETF | $89M |
| Outflows | ||
| FXI | iShares China Large-Cap ETF | -$267M |
| EWZ | iShares MSCI Brazil ETF | -$114M |
| INDA | iShares MSCI India ETF | -$44M |
| EWQ | iShares MSCI France ETF | -$36M |
| EEMA | iShares MSCI Emerging Markets Asia ETF | -$22M |
Issuer League Table Update
iShares continues to dominate the channel with a 53.16% market share, followed by JPMorgan at 15.20%. Driven by the substantial inflow into its South Korea fund, iShares was the top asset gatherer this week, attracting $2.83B in net new assets. Franklin Templeton also had a strong week with $285M in inflows, while Global X led on the outflow side with a modest -$25M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $153.44B | 53.16% |
| JPMorgan | 5 | $43.87B | 15.20% |
| Vanguard | 2 | $38.25B | 13.25% |
| Franklin | 18 | $14.44B | 5.00% |
| WisdomTree | 10 | $12.72B | 4.41% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $2,834M |
| Franklin | $285M |
| Invesco | $85M |
| Outflows | |
| Global X | -$25M |
| WisdomTree | -$14M |
| First Trust | -$6M |
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.
