Brazil Equities Surge as International ETF Inflows Hit $1.79B

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Weekly Channel Summary

The Region & Country ETF channel remains a dominant force in international equity markets, currently boasting $260 billion in Total Assets Under Management (AUM). With 185 ETFs managed by 36 distinct issuers, the channel saw significant activity this week. Investors poured a net $1.79 billion into these funds over the past five days, bringing the Year-to-Date (YTD) total flows to $5.99 billion. This robust start to the year builds on a strong historical foundation, with total flows for the past year reaching $31.05 billion.

This Week’s Performance Leaders and Laggards

Performance was highly bifurcated across regions this week. The Americas category was the clear standout, surging 6.11% on a Week-to-Date (WTD) basis, which helped propel its YTD performance to a staggering 11.97%. Conversely, the Asia-Pacific category was the primary laggard, dipping -0.31% this week, though it remains in positive territory for the year at 4.09%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Americas 6.11% 12.09% 22.85% 34.04% 11.97% 59.51%
Africa-Middle East 2.21% 5.38% 9.05% 14.71% 6.62% 31.90%
Eurozone 1.02% 4.12% 8.18% 10.94% 3.96% 35.84%
Asia-Pacific -0.31% 4.17% 4.67% 13.16% 4.09% 31.93%

Top & Bottom 5 ETFs by Weekly Performance

Brazilian equities dominated the leaderboard this week, with the Franklin FTSE Brazil ETF (FLBR) gaining 10.46%. In sharp contrast, Indian technology and broad market funds struggled, led lower by The India Internet ETF (INQQ), which fell -6.32%, and the iShares MSCI India Small Cap ETF (SMIN) at -5.30%.

Ticker Fund Name WTD Performance
Top Performers
FLBR Franklin FTSE Brazil ETF 10.46%
EWZ iShares MSCI Brazil ETF 9.98%
BRAZ Global X Brazil Active ETF 9.76%
EWZS iShares MSCI Brazil Small-Cap ETF 9.69%
BRF VanEck Brazil Small-Cap ETF 9.05%
Bottom Performers
INQQ The India Internet ETF -6.32%
SMIN iShares MSCI India Small Cap ETF -5.30%
DGIN VanEck Digital India ETF -4.94%
GIND Goldman Sachs India Equity ETF -4.83%
INDE Matthews India Active ETF -4.74%

Analyzing the Weekly Flows

Net inflows for the channel totaled $1.785 billion this week. The Americas category led all regions with $962 million in fresh capital, supported by its $31.7 billion AUM base. Asia-Pacific also saw significant interest with $749 million in weekly inflows, while the Eurozone category experienced the largest withdrawal of funds, seeing a net outflow of ($34 million).

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Americas 18 $31.7B $962M $2,044M $2,778M $1,849M $5,309M
Asia-Pacific 103 $142.4B $749M $3,411M $6,203M $3,001M $9,863M
Africa-Middle East 11 $3.0B $109M $217M $302M $204M $684M
Eurozone 53 $82.8B ($34M) $1,203M $3,202M $936M $15,195M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares MSCI Brazil ETF (EWZ) was the absolute favorite for investors this week, attracting $450 million. On the other end of the spectrum, the iShares MSCI Japan ETF (EWJ) saw the deepest outflows at ($127 million), followed by the Franklin FTSE United Kingdom ETF (FLGB) with ($69 million).

Ticker Fund Name 5-Day Flow
Inflows
EWZ iShares MSCI Brazil ETF $450M
EWY iShares MSCI South Korea ETF $378M
AAXJ iShares MSCI All Country Asia ex Japan ETF $296M
ILF iShares Latin America 40 ETF $236M
EPU iShares MSCI Peru and Global Exposure ETF $126M
Outflows
EWJ iShares MSCI Japan ETF ($127M)
FLGB Franklin FTSE United Kingdom ETF ($69M)
EWA iShares MSCI Australia ETF ($48M)
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF ($39M)
CXSE WisdomTree China ex-State-Owned Enterprises ($22M)

Issuer League Table Update

iShares continues to dominate the landscape with a massive 50.22% market share, followed by JPMorgan at 15.14%. In terms of weekly performance, iShares was the runaway leader for inflows, gathering $1.58 billion. Among the top issuers, Xtrackers saw the largest net outflows for the week, losing ($54 million) in assets.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 64 $130.50B 50.22%
JPMorgan 5 $39.36B 15.14%
Vanguard 2 $39.28B 15.12%
WisdomTree 10 $11.87B 4.57%
Franklin 18 $9.30B 3.58%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $1,578M
KraneShares $115M
JPMorgan $65M
Outflows
Xtrackers -$54M
Franklin -$39M
VanEck -$1M

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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.