Countries In Review: November 2019

September was a mostly positive month for country ETFs, with only a few funds landing in the red. Notably, the iShares MSCI Turkey ETF (TUR) led the pack, with a gain of 11.17%. It was followed by the Global X MSCI Pakistan ETF (PAK), up 9.84%; and the iShares MSCI South Korea ETF (EWY), up 6.32%. The VanEck Vectors Egypt Index ETF (EGPT) was the worst performer, down 4.68%. The iShares MSCI UAE ETF (UAE) and the iShares MSCI Philippines ETF (EPHE) were down 2.13% and 2.06%, respectively. The SPDR S&P 500 ETF Trust (SPY) stood at the top of inflows, pulling in a massive $7.7 billion, while the iShares MSCI Hong Kong ETF (EWH) pulled in $154.5 million and the iShares MSCI Australia ETF (EWA) gained $109.5 million. The biggest loser in terms of flows was the iShares MSCI Japan ETF (EWJ), which lost $1.1 billion, while the iShares MSCI Switzerland ETF (EWL) dropped $122.2 million and the iShares MSCI Germany ETF (EWG) lost $32.4 million.

Index Data Source: MSCI.
Sources: Bloomberg and FactSet.
Data from 08/31/2019 to 09/30/2019.

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