Countries In Review: May 2020

There were no winners among our country ETFs in March.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

Every country ETF ended the month of March with a steep decline. The best performer was the iShares MSCI Switzerland ETF (EWL), which was down 6.65%; followed closely by the iShares MSCI Japan ETF (EWJ), down 6.74%; and the iShares China Large-Cap ETF (FXI), down 7.67%. At the other end of the spectrum, the iShares MSCI Brazil ETF (EWZ) fell more than any other fund in the group, with a stomach-dropping decline of 38.58%, while the Global X MSCI Colombia ETF (GXG) decreased by 36.34%; and the iShares MSCI Mexico ETF (EWW) fell 31.88%. Flows were interesting, with the SPDR S&P 500 ETF Trust (SPY) pulling in an impressive $8.1 billion, but EWW claimed the second slot, with inflows of $150.4 million. The iShares MSCI South Korea ETF (EWY) was in the No. 3 spot, gaining $118.7 million. EWJ had more outflows than any other ETF in the group, losing $1.3 billion. It was followed by the iShares MSCI India ETF (INDA) and the iShares MSCI Hong Kong ETF (EWH), which decreased by $1.2 billion and $429.9 million, respectively.

 

 

 

Countries

For a larger view, please click on the image above.

 

Index Data Source: MSCI.
Sources: Bloomberg and FactSet.
Data from 03/31/2019 to 03/31/2020.

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.

 

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.