June saw most country ETFs record positive performance. The iShares MSCI New Zealand ETF (ENZL) led the way, with a return of 11.07%, while the iShares MSCI Hong Kong ETF (EWH) was up 9.81% and the Global X MSCI Argentina ETF (ARGT) increased by 9.67%. At the other end of the spectrum, the Global X MSCI Nigeria ETF (NGE) was down 6.8%; followed by the Global X MSCI Pakistan ETF (PAK), which decreased 3.19%; and the VanEck Vectors Vietnam ETF (VNM), down 1.9%. In terms of flows, the iShares MSCI Germany ETF (EWG) pulled in the most of any ETF in the group, at $326.8 million; while the iShares MSCI Japan ETF (EWJ) gained $124.9 million; and the iShares MSCI South Africa ETF (EZA) pulled in $91.3 million. The iShares India ETF (INDA) led the category’s outflows, with a loss of $281.2 million; while the iShares China Large-Cap ETF (FXI) lost $106.2 million; and the iShares MSCI Australia ETF (EWA) decreased by $42.5 million. For a larger view, please click on the image above. Index Data Source: MSCI. Sources: Bloomberg and FactSet. Data from 5/31/2020 to 6/30/2020. Note: This list intends to capture the returns of most liquid ETFs tracking individual countries around the world. It does not capture every country in the MSCI All Country World Index.