Countries In Review: July/August 2021

A Brazil-focused fund led the way in June among country ETFs, with the iShares MSCI Brazil ETF (EWZ) rising 5.78%, while the VanEck Vectors Vietnam ETF (VNM) was up 5.64% and the iShares MSCI Saudi Arabia ETF (KSA) rose 3.25%. The iShares MSCI Peru ETF (EPU) posted the worst returns in June, with a decline of 10.95%, followed by the Global X MSCI Portugal ETF (PGAL) and the iShares MSCI South Africa ETF (EZA), with respective losses of 7.61% and 7.12%. In terms of flows, the SPDR S&P 500 ETF Trust (SPY) again led gainers, with a gain of $4.87 billion, after multiple record-high closes so far this year. SPY was followed by the iShares China Large-Cap ETF (FXI) with its $278.7 million in inflows, while the iShares MSCI India ETF (INDA) placed third in the month, with inflows of $193.9 million. The largest outflows in the month were from the iShares MSCI Japan ETF (EWJ), with a loss of $877.9 million. The Brazil-focused EWZ followed, with an outflow of $442.2 million, while the iShares MSCI United Kingdom ETF (EWU) was third in outflows, with $216.3 million.

Note: This list intends to capture the returns of most liquid ETFs tracking individual countries.
It does not capture every country in the MSCI All Country World Index.