Weekly Channel Summary
The EQ: Region & Country channel, comprising 184 ETFs from 36 issuers, now holds $235B in total assets. The channel saw significant net inflows of $1.99B over the past week, contributing to a strong year-to-date haul of $17.28B. Over the past year, the channel has attracted $2.34B in net new assets.
This Week’s Performance Leaders and Laggards
The Asia-Pacific region was the top-performing category this week with a 1.95% return, bringing its YTD performance to 25.58%. The Emerging (China) category also showed remarkable strength with a 5.69% WTD gain. On the other end of the spectrum, the Vietnam category was the primary laggard, dropping 4.28% WTD, though it remains up a substantial 55.25% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging | 5.69% | |||||
| Asia-Pacific | 1.95% | 1.30% | 8.20% | 23.83% | 25.58% | 22.12% |
| Americas | 1.38% | -0.59% | 9.53% | 16.60% | 36.35% | 24.49% |
| Eurozone | 1.18% | 2.30% | 2.86% | 15.59% | 31.68% | 25.50% |
| Africa-Middle East | 1.02% | 2.61% | 5.97% | 20.48% | 25.16% | 30.18% |
Top & Bottom 5 ETFs by Weekly Performance
The week’s best performer was the VanEck ChiNext ETF (CNXT), which surged 7.65%. The two worst-performing ETFs were both focused on Vietnam: the VanEck Vietnam ETF (VNM) fell 5.17%, and the Global X MSCI Vietnam ETF (VNAM) dropped 3.38%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CNXT | VanEck ChiNext ETF | 7.65% |
| KDEF | PLUS Korea Defense Industry Index ETF | 7.36% |
| TUR | iShares MSCI Turkey ETF | 7.05% |
| KSTR | KraneShares SSE STAR Market 50 Index ETF | 6.67% |
| CNQQ | Rayliant-ChinaAMC Transformative China Tech ETF | 5.69% |
| Bottom Performers | ||
| VNM | VanEck Vietnam ETF | -5.17% |
| VNAM | Global X MSCI Vietnam ETF | -3.38% |
| EPHE | iShares MSCI Philippines ETF | -2.38% |
| EPU | iShares MSCI Peru and Global Exposure ETF | -1.87% |
| GLCR | GlacierShares Nasdaq Iceland ETF | -1.57% |
Analyzing the Weekly Flows
The channel experienced net inflows of $1,986M over the past week. The Eurozone category was the clear leader, attracting $1,519M in new assets, bringing its total AUM to $75.3B. The Asia-Pacific category also saw significant inflows of $475M. At the other end, the Americas category posted the largest outflows for the week, shedding $19M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Eurozone | 53 | $75.3B | $1,519M | $2,606M | $271M | $12,000M | $5,870M |
| Asia-Pacific | 101 | $132.4B | $475M | $1,014M | $1,039M | $1,965M | ($6,894M) |
| Africa-Middle East | 11 | $2.5B | $11M | $185M | $125M | $426M | $525M |
| Emerging | 1 | $0.0B | $0M | $2M | $2M | $2M | $2M |
| Americas | 18 | $25.1B | ($19M) | $425M | $589M | $2,884M | $2,837M |
Top & Bottom 5 ETFs by 5-Day Flow
The JPMorgan BetaBuilders Europe ETF (BBEU) dominated inflows, pulling in $1,569M. On the outflows side, the iShares MSCI Mexico ETF (EWW) saw the largest redemption at $125M, followed by the iShares MSCI United Kingdom ETF (EWU) with $93M in outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BBEU | JPMorgan BetaBuilders Europe ETF | $1,569M |
| KWEB | KraneShares CSI China Internet ETF | $125M |
| CQQQ | Invesco China Technology ETF | $98M |
| VGK | Vanguard FTSE Europe ETF | $83M |
| EWJ | iShares MSCI Japan ETF | $62M |
| Outflows | ||
| EWW | iShares MSCI Mexico ETF | ($125M) |
| EWU | iShares MSCI United Kingdom ETF | ($93M) |
| FSZ | First Trust Switzerland AlphaDEX Fund | ($39M) |
| SMIN | iShares MSCI India Small Cap ETF | ($26M) |
| EWI | iShares MSCI Italy ETF | ($19M) |
Issuer League Table Update
The issuer landscape remains dominated by iShares, which holds 48.91% of the market share, followed by JPMorgan with 15.48%. JPMorgan also led the week in asset gathering, pulling in $1,592M. Among the top issuers, First Trust saw the largest outflows, with $63M leaving its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $115.07B | 48.91% |
| JPMorgan | 5 | $36.41B | 15.48% |
| Vanguard | 2 | $36.30B | 15.43% |
| WisdomTree | 10 | $10.37B | 4.41% |
| KraneShares | 7 | $10.00B | 4.25% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| JPMorgan | $1,592M |
| KraneShares | $120M |
| Invesco | $98M |
| Outflows | |
| First Trust | -$63M |
| VanEck | -$5M |
| SPDR | -$4M |
For a deeper dive into these trends, access our FREE, in-depth Thematic 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.
