Weekly Channel Summary
The Region & Country ETF channel, comprising 190 funds from 36 issuers, holds total assets of $292.93 billion. Investors added a net $1.93 billion to the category over the past week, contributing to strong year-to-date inflows of $23.27 billion. Over the last twelve months, the channel has accumulated over $31.4 billion in new assets.
This Week’s Performance Leaders and Laggards
Eurozone-focused funds led regional performance this week with an average gain of 2.46%, followed closely by Latin America funds which rose 2.32%. Latin America remains a top performer on a longer-term basis, with a one-year return of 42.81%. All regions posted gains for the week, with North America-focused funds seeing the smallest increase at 0.51%.
Region Performance Snapshot
| Region | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Eurozone | 2.46% | 2.14% | 5.63% | 5.96% | 10.67% | 24.07% |
| Latin America | 2.32% | 4.90% | -3.37% | -0.02% | 15.00% | 42.81% |
| Asia-Pacific | 0.77% | -3.51% | 2.04% | 10.67% | 20.76% | 41.15% |
| Africa-Middle East | 0.65% | -0.89% | -4.44% | -3.78% | 2.98% | 18.10% |
| North America | 0.51% | 3.03% | 2.15% | 10.25% | 10.81% | 29.95% |
Top & Bottom 5 ETFs by Weekly Performance
A rebound in Chinese technology and consumer stocks drove the week’s top fund performances. The Roundhill China Magnificent Seven ETF (MAGC) surged 8.41%, with several other China internet and consumer discretionary funds posting gains over 8.0%. In contrast, the week’s worst performers were concentrated in the semiconductor space, as the VanEck China Semiconductor ETF (SMHC) fell 13.35%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MAGC | Roundhill China Magnificent Seven ETF | 8.41% |
| KWEB | KraneShares CSI China Internet ETF | 8.37% |
| PGJ | Invesco Golden Dragon China ETF | 8.18% |
| CHIQ | Global X MSCI China Consumer Discretionary ETF | 8.02% |
| CGRO | CoreValues Alpha Greater China Growth ETF | 6.55% |
| Bottom Performers | ||
| SMHC | VanEck China Semiconductor ETF | -13.35% |
| KDEF | PLUS Korea Defense Industry Index ETF | -10.47% |
| KMCA | PLUS Korea Manufacturing Core Alliance Index ETF | -8.96% |
| KSTR | KraneShares China Technology & Semiconductor STAR 50 Index ETF | -7.36% |
| MKOR | Matthews Korea Active ETF | -4.92% |
Analyzing the Weekly Flows
Investors directed a net $1.93 billion into Region & Country ETFs, with demand heavily skewed toward a single region. Asia-Pacific funds accounted for over 90% of the total, attracting $1.76 billion in new capital. Eurozone and North America funds saw modest inflows of $139 million and $47 million, respectively, while Africa-Middle East was the only region to experience net outflows, shedding $37 million.
Region Flows Summary
| Region | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Asia-Pacific | 105 | $165.25B | $1,755M | $4,677M | $3,954M | $15,568M | $19,664M |
| Eurozone | 55 | $87.89B | $139M | $1,255M | $891M | $1,465M | $3,747M |
| North America | 3 | $17.97B | $47M | $105M | $860M | $2,381M | $2,752M |
| Latin America | 15 | $18.77B | $23M | -$380M | -$2,654M | $3,454M | $4,629M |
| Africa-Middle East | 11 | $2.97B | -$37M | -$61M | -$240M | $405M | $624M |
Top & Bottom 5 ETFs by 5-Day Flow
A single fund dominated inflows, as the iShares MSCI South Korea ETF (EWY) attracted an impressive $1.25 billion. On the other side of the ledger, investors pulled capital from India-focused strategies. The iShares MSCI India ETF (INDA) experienced the largest redemption at $255 million, followed by the Franklin FTSE India ETF (FLIN) with $111 million in outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EWY | iShares MSCI South Korea ETF | $1,250M |
| EWT | iShares MSCI Taiwan ETF | $514M |
| BBJP | JPMorgan BetaBuilders Japan ETF | $191M |
| EWN | iShares MSCI Netherlands ETF | $114M |
| DXJ | WisdomTree Japan Hedged Equity Fund | $71M |
| Outflows | ||
| INDA | iShares MSCI India ETF | -$255M |
| FLIN | Franklin FTSE India ETF | -$111M |
| VGK | Vanguard FTSE Europe ETF | -$106M |
| EWJ | iShares MSCI Japan ETF | -$58M |
| EPI | WisdomTree India Earnings Fund | -$34M |
Note: the following fund(s) were excluded from the flow totals above because the weekly flow exceeds 75% of the fund’s AUM and may be the result of a custom rebalance: SMHC (-$105M).
Issuer League Table Update
iShares continues to lead the issuer landscape, controlling 53.5% of the channel’s assets, with JPMorgan in a distant second at 15.5% market share. Leveraging its dominant position, iShares also captured the vast majority of weekly inflows, bringing in $1.83 billion. Meanwhile, Vanguard recorded the largest net outflows among issuers, with investors redeeming $105 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $156.67B | 53.48% |
| JPMorgan | 5 | $45.36B | 15.49% |
| Vanguard | 2 | $38.81B | 13.25% |
| Franklin | 18 | $13.66B | 4.66% |
| WisdomTree | 10 | $12.64B | 4.32% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $1,825M |
| JPMorgan | $220M |
| WisdomTree | $32M |
| Outflows | |
| Vanguard | -$105M |
| Franklin | -$42M |
| Invesco | -$12M |
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.
