Weekly Channel Summary
The EQ: Region & Country ETF channel encompasses 186 ETFs across 36 issuers, managing a total of $267 billion in assets. Flow activity for the past week was slightly negative, seeing net outflows of $45 million. However, the channel remains strongly positive over the longer term, accumulating $20.43 billion year-to-date (YTD) and $37.08 billion over the past year.
This Week’s Performance Leaders and Laggards
Africa-Middle East was the top performing category this week, posting a minimal Week-to-Date (WTD) decline of -0.37%, keeping its YTD return relatively flat at -0.68%. Conversely, the Eurozone category lagged significantly, dropping -2.59% WTD and bringing its YTD performance down to -3.59%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Africa-Middle East | -0.37% | -5.64% | -0.43% | 4.06% | -0.68% | 22.62% |
| Asia-Pacific | -1.62% | -7.71% | 0.82% | 1.18% | -0.52% | 21.47% |
| Americas | -2.00% | -11.13% | 4.99% | 13.37% | 3.21% | 36.81% |
| Eurozone | -2.59% | -10.48% | -2.60% | 2.29% | -3.59% | 15.38% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual funds, the Matthews Korea Active ETF (MKOR) was the standout performer with a WTD return of +5.49%. The steepest declines were seen in the iShares MSCI Peru and Global Exposure ETF (EPU), which fell -7.26%, and the PLUS Korea Defense Industry Index ETF (KDEF), dropping -6.37%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MKOR | Matthews Korea Active ETF | 5.49% |
| FLKR | Franklin FTSE South Korea ETF | 5.00% |
| ITEQ | Amplify BlueStar Israel Technology ETF | 4.16% |
| NORW | Global X MSCI Norway ETF | 2.21% |
| ENOR | iShares MSCI Norway ETF | 2.17% |
| Bottom Performers | ||
| EPU | iShares MSCI Peru and Global Exposure ETF | -7.26% |
| KDEF | PLUS Korea Defense Industry Index ETF | -6.37% |
| EZA | iShares MSCI South Africa ETF | -6.08% |
| CQQQ | Invesco China Technology ETF | -5.93% |
| ASHS | Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF | -5.83% |
Analyzing the Weekly Flows
The channel sustained an overall net outflow of $45 million this week. The Americas category attracted the most capital, gathering $299 million in net inflows on its $34.1 billion total AUM. The Eurozone category also experienced healthy additions, taking in $295 million. On the other end, Asia-Pacific saw the most significant withdrawals, losing $698 million over the five-day period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Americas | 18 | $34.1B | $299M | $1,029M | $4,993M | $5,087M | $8,604M |
| Eurozone | 53 | $81.8B | $295M | $1,772M | $4,237M | $3,655M | $9,811M |
| Africa-Middle East | 11 | $3.4B | $58M | $225M | $808M | $793M | $1,204M |
| Asia-Pacific | 104 | $147.3B | -$698M | $3,407M | $11,395M | $10,896M | $17,460M |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares MSCI Canada ETF (EWC) led all individual funds with $391 million in new assets gathered. The heaviest outflows hit the iShares MSCI India ETF (INDA) and the Vanguard FTSE Pacific ETF (VPL), which shed $206 million and $158 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EWC | iShares MSCI Canada ETF | $391M |
| EWU | iShares MSCI United Kingdom ETF | $278M |
| EWJ | iShares MSCI Japan ETF | $165M |
| AIA | iShares Asia 50 ETF | $100M |
| EWN | iShares MSCI Netherlands ETF | $71M |
| Outflows | ||
| INDA | iShares MSCI India ETF | -$206M |
| VPL | Vanguard FTSE Pacific ETF | -$158M |
| FLIN | Franklin FTSE India ETF | -$133M |
| EPI | WisdomTree India Earnings Fund | -$101M |
| EWT | iShares MSCI Taiwan ETF | -$100M |
Issuer League Table Update
The issuer landscape remains highly concentrated, with iShares commanding a dominant 52.78% market share, followed by JPMorgan at 14.91%. iShares successfully translated its size into flows, capturing an industry-leading $422 million in net new assets this week. Meanwhile, Vanguard, the third-largest issuer in the space, experienced the largest net outflows, shedding $157 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 64 | $140.67B | 52.78% |
| JPMorgan | 5 | $39.74B | 14.91% |
| Vanguard | 2 | $37.69B | 14.14% |
| WisdomTree | 10 | $11.64B | 4.37% |
| Franklin | 18 | $10.57B | 3.96% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $422M |
| JPMorgan | $88M |
| First Trust | $13M |
| Outflows | |
| Vanguard | -$157M |
| WisdomTree | -$121M |
| VanEck | -$82M |
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.
