South Korea ETFs Shine as Region & Country Channel Faces $1.98B Outflow

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Weekly Channel Summary

The Region & Country ETF channel currently holds a total AUM of $292B across 190 ETFs managed by 37 issuers. Over the past week, the channel experienced net outflows totaling -$1.98B. However, longer-term trends remain positive, with Year-to-Date flows at $16.09B and 1-Year flows reaching $30.40B.

This Week’s Performance Leaders and Laggards

This week, Africa-Middle East led the channel with a WTD return of 2.43%, bringing its YTD performance to 8.53%. Asia-Pacific followed closely with a WTD return of 1.17%. The Eurozone segment posted the lowest weekly performance at 0.93%, though it remains up 8.39% YTD.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Africa-Middle East 2.43% 3.10% 4.25% 12.71% 8.53% 28.01%
Asia-Pacific 1.17% 2.74% 0.91% 12.68% 10.63% 32.44%
Americas 1.03% -1.82% -3.39% 12.76% 11.23% 37.65%
Eurozone 0.93% 2.67% 0.36% 12.72% 8.39% 21.74%

Top & Bottom 5 ETFs by Weekly Performance

The top individual performer this week was the iShares MSCI South Korea ETF (EWY), surging 10.99%. Conversely, the PLUS Korea Defense Industry Index ETF (KDEF) and Global X MSCI China Consumer Discretionary ETF (CHIQ) lagged the most, dropping -6.53% and -3.51%, respectively.

Ticker Fund Name WTD Performance
Top Performers
EWY iShares MSCI South Korea ETF 10.99%
FLKR Franklin FTSE South Korea ETF 10.32%
KMCA PLUS Korea Manufacturing Core Alliance Index ETF 8.87%
FLTW Franklin FTSE Taiwan ETF 8.07%
ARGT Global X MSCI Argentina ETF 7.69%
Bottom Performers
KDEF PLUS Korea Defense Industry Index ETF -6.53%
CHIQ Global X MSCI China Consumer Discretionary ETF -3.51%
EPHE iShares MSCI Philippines ETF -3.27%
MAGC Roundhill China Magnificent Seven ETF -2.95%
EIDO iShares MSCI Indonesia ETF -2.84%

Analyzing the Weekly Flows

The channel recorded -$1,982M in net outflows over the past 5 days. Only the Eurozone category managed positive weekly flows, adding $24M to its $84.1B AUM base. Asia-Pacific experienced the most significant flight of capital, bleeding -$1,802M for the week.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Eurozone 53 $84.1B $24M ($1,657M) ($2,985M) ($688M) $3,030M
Africa-Middle East 11 $3.4B ($22M) ($99M) ($156M) $547M $856M
Americas 18 $37.1B ($182M) ($1,015M) $1,944M $6,618M $8,470M
Asia-Pacific 106 $167.5B ($1,802M) ($2,031M) ($1,168M) $9,609M $18,047M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares Asia 50 ETF (AIA) topped the list for inflows, bringing in $141M. On the outflow side, the iShares MSCI South Korea ETF (EWY) saw a massive withdrawal of -$950M, followed by the KraneShares CSI China Internet ETF (KWEB) losing -$389M.

Ticker Fund Name 5-Day Flow
Inflows
AIA iShares Asia 50 ETF $141M
EWC iShares MSCI Canada ETF $82M
BBJP JPMorgan BetaBuilders Japan ETF $60M
FLTW Franklin FTSE Taiwan ETF $57M
ARGT Global X MSCI Argentina ETF $35M
Outflows
EWY iShares MSCI South Korea ETF -$950M
KWEB KraneShares CSI China Internet ETF -$389M
EWJ iShares MSCI Japan ETF -$237M
AAXJ iShares MSCI All Country Asia ex Japan ETF -$167M
EWZ iShares MSCI Brazil ETF -$151M

Issuer League Table Update

iShares commands the lion’s share of the market at 53.73%, distantly followed by JPMorgan at 14.78%. Despite its leading position, iShares experienced the heaviest outflows this week. JPMorgan bucked the trend, capturing the most weekly net inflows among the top brands.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 64 $156.94B 53.73%
JPMorgan 5 $43.16B 14.78%
Vanguard 2 $38.70B 13.25%
Franklin 18 $13.28B 4.55%
Wisdom Tree 10 $12.53B 4.29%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
JPMorgan $60M
Franklin $57M
Global X $44M
Outflows
iShares -$1,604M
KraneShares -$375M
Xtrackers -$108M

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.