Countries In Review: July August 2020

Country ETFs had a strong month.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

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.

 

 

Countries

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.

 

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.