Weekly Channel Summary
The EQ: Region & Country ETF channel encompasses 190 ETFs managed across 37 issuers, representing $289.2 billion in total Assets Under Management (AUM). Over the past week, the channel faced notable distribution pressure, experiencing aggregate net outflows of -$1.79 billion. Despite these short-term redemptions and a 30-day flow trend of -$2.10 billion, the channel has proven resilient over longer horizons, continuing to boast $18.07 billion in year-to-date inflows and a massive $32.79 billion in net new money over the trailing one-year period.
This Week’s Performance Leaders and Laggards
The Eurozone category led the channel this week with a Week-to-Date (WTD) return of 2.63%, helping lift its Year-to-Date (YTD) performance to a solid 7.42%. Conversely, the Asia-Pacific category was the primary laggard, returning just 0.01% over the past five days, though it still maintains a strong 9.04% gain YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Eurozone | 2.63% | 1.69% | -0.22% | 15.31% | 7.42% | 21.42% |
| Americas | 1.42% | -5.16% | -5.07% | 17.19% | 10.18% | 35.99% |
| Africa-Middle East | 0.88% | 0.01% | 0.61% | 11.91% | 5.92% | 26.16% |
| Asia-Pacific | 0.01% | 1.18% | 0.67% | 13.98% | 9.04% | 30.74% |
Top & Bottom 5 ETFs by Weekly Performance
Focusing on individual funds, the iShares MSCI Sweden ETF (EWD) delivered the strongest performance, jumping 5.86% for the week. On the opposite side of the ledger, the VanEck Indonesia Index ETF (IDX) and the iShares MSCI Indonesia ETF (EIDO) posted the steepest declines, dropping -9.82% and -7.92%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EWD | iShares MSCI Sweden ETF | 5.86% |
| MKOR | Matthews Korea Active ETF | 5.48% |
| KSTR | KraneShares SSE STAR Market 50 Index ETF | 5.47% |
| EWT | iShares MSCI Taiwan ETF | 5.41% |
| MINV | Matthews Asia Innovators Active ETF | 5.17% |
| Bottom Performers | ||
| IDX | VanEck Indonesia Index ETF | -9.82% |
| EIDO | iShares MSCI Indonesia ETF | -7.92% |
| KGRN | KraneShares MSCI China Clean Technology Index ETF | -5.10% |
| PGJ | Invesco Golden Dragon China ETF | -4.79% |
| KWEB | KraneShares CSI China Internet ETF | -4.62% |
Analyzing the Weekly Flows
This week was characterized by broad-based asset distributions, with the channel shedding a total of -$1.79 billion. At the highest level, every single regional category registered net outflows. The Africa-Middle East category saw the lightest redemptions relative to the others, losing just -$42 million from its $3.3 billion asset base. The Eurozone category also exhibited comparatively moderate outflows of -$366 million. On the lower end, the Americas category suffered the most severe net withdrawals, bleeding -$746 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Africa-Middle East | 11 | $3.3B | -$42M | -$83M | $1M | $569M | $898M |
| Eurozone | 53 | $83.5B | -$366M | -$2,085M | -$2,595M | -$712M | $3,259M |
| Asia-Pacific | 105 | $164.9B | -$633M | $833M | $3,913M | $11,409M | $19,869M |
| Americas | 18 | $37.5B | -$746M | -$763M | $2,742M | $6,800M | $8,760M |
Top & Bottom 5 ETFs by 5-Day Flow
Despite the broader negative trend, the iShares MSCI Australia ETF (EWA) stood out by hauling in $126 million in fresh capital to claim the top inflows spot. The heaviest selling pressure was concentrated in the iShares MSCI South Korea ETF (EWY) and the iShares Latin America 40 ETF (ILF), which experienced major liquidations amounting to -$318 million and -$253 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EWA | iShares MSCI Australia ETF | $126M |
| IPAC | iShares Core MSCI Pacific ETF | $65M |
| DXJ | WisdomTree Japan Hedged Equity Fund | $60M |
| KSTR | KraneShares SSE STAR Market 50 Index ETF | $56M |
| AIA | iShares Asia 50 ETF | $33M |
| Outflows | ||
| EWY | iShares MSCI South Korea ETF | -$318M |
| ILF | iShares Latin America 40 ETF | -$253M |
| KWEB | KraneShares CSI China Internet ETF | -$231M |
| VGK | Vanguard FTSE Europe ETF | -$215M |
| FLTW | Franklin FTSE Taiwan ETF | -$178M |
Issuer League Table Update
iShares and JPMorgan remain firmly entrenched as the channel’s top two providers, maintaining market shares of 53.57% and 14.87%, respectively. WisdomTree led the pack in terms of weekly asset gathering, pulling in $51 million in net inflows to defy the overall negative channel trend. Conversely, iShares bore the brunt of the weekly outflow pressure, registering a steep -$1.13 billion in net redemptions.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $154.90B | 53.57% |
| JPMorgan | 5 | $42.99B | 14.87% |
| Vanguard | 2 | $38.33B | 13.25% |
| Franklin | 18 | $12.85B | 4.44% |
| WisdomTree | 10 | $12.42B | 4.30% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| WisdomTree | $51M |
| VanEck | $13M |
| Invesco | $5M |
| Outflows | |
| iShares | -$1,126M |
| Vanguard | -$214M |
| KraneShares | -$201M |
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.
