Countries In Review: December 2019

October ended on an upbeat note for country ETFs, with the majority recording positive performance. The iShares MSCI Taiwan ETF (EWT) led the way, up 7.4%; it was followed by the Global X MSCI Pakistan ETF (PAK), up 7.17%; and the Global X MSCI Colombia ETF (GXG), up 6.59%. Emerging and frontier markets saw most of the losses, with the iShares MSCI Chile ETF (ECH) down 8.18%. The Global X MSCI Nigeria ETF (NGE) was down 7.49%, and the iShares MSCI Turkey ETF (TUR) was down 7.06%. The SPDR S&P 500 ETF Trust (SPY) saw the biggest losses in the category by far, with outflows of $3.9 billion; trailed distantly by the iShares MSCI France ETF (EWQ), which lost $171.8 million; and the iShares MSCI Australia ETF (EWA), which lost $81.9 million. The iShares MSCI Japan ETF (EWJ), meanwhile, topped the inflows, with a gain of $863.7 million; followed by the iShares MSCI Brazil ETF (EWZ) and the iShares MSCI United Kingdom ETF (EWU), which pulled in $251.3 million and $246.8 million, respectively

Index Data Source: MSCI.
Sources: Bloomberg and FactSet.
Data from 09/30/2019 to 10/31/2019.

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.