Published on 15 Oct 2024 on etf.com · via Yahoo Finance

Investors Sent Billions More Into China ETFs Last Week

ETF Investing Tools

Investors continued to pile into China-related exchange-traded funds last week even as the momentum in China’s stock market stalled.Four of the ten ETFs with the largest inflows last week were China funds, helping to fuel almost $20 billion of weekly inflows for U.S.-listed ETFs as a whole.Thanks to China ETFs, international equity ETFs topped U.S. equity ETFs in terms of inflows during the week ending Friday, Oct. 11, with the former pulling in $8.6 billion versus $4.7 billion for the latter.The largest inflows went into the iShares Trust – China Large-Cap ETF (FXI). Its $3.5 billion of inflows were ahead of the $2.5 billion that went into the Vanguard 500 Index Fund (VOO), 2024’s top fund for inflows.The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) was another big weekly flows winner, with inflows of $1.5 billion.The iShares MSCI China ETF (MCHI) and the Direxion Daily FTSE China Bull 3X Shares (YINN) were also popular; each pulled in just over $750 million of new money during the week.China ETFs registered strong inflows last week despite a sell-off in Chinese stocks.FXI reached its highest level since early 2022 last Monday, but then proceeded to drop more than 10% as traders took profits and the Chinese government failed to deliver on some of the most aggressive stimulus measures that some bulls had hoped for.Still, the ETF is up a strong 37% since the start of the year and 29% just since Sept. 10.The tripled-leveraged YINN is up even more: 86% since the start of the year and 92% since Sept. 10.The question is: Are there more gains to come, or are recent investors in China ETFs getting in at the top?For a full list of last week’s top ETF inflows and outflows, see the tables below:Top 10 Creations (All ETFs)

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change