Country and region ETFs in dollar displacement

Stocks in one country or region. Driven by that government's and central bank's policy, and its currency.

151ETFs in this category
$301.8bnmoney in them
12.3%of dollar displacement’s money
VGKlargest unleveraged ETF, 9.9%

How they did, to Nov 2, 2026

1 monthYTD12 months
Category median−2.1%+7.2%+12.7%
Its story−3.1%+10.8%+13.8%
Broad US ETFs−2.5%+11.5%+11.8%

Every ETF here, largest first

#ETFNameAssetsShare12 monthsFee
1VGKVanguard FTSE Europe ETF$29.7bn9.9%+13.0%0.06%
2EMXCiShares MSCI Emerging Markets ex China ETF$26.4bn8.8%+27.3%0.25%
3EWJiShares MSCI Japan ETF$23.8bn7.9%+16.1%0.49%
4EWYiShares MSCI South Korea ETF$23.7bn7.9%+59.9%0.59%
5BBJPJPMorgan BetaBuilders Japan ETF$19.1bn6.3%+14.9%0.19%
6BBCAJPMorgan BetaBuilders Canada ETF$12.1bn4.0%+22.6%0.19%
7EWTiShares MSCI Taiwan ETF$11.6bn3.8%+58.0%0.59%
8EWZiShares MSCI Brazil ETF$9.8bn3.3%+7.9%0.59%
9IEURiShares Core MSCI Europe ETF$9.5bn3.2%+12.8%0.10%
10EZUiShares MSCI Eurozone ETF$9.2bn3.1%+8.6%0.50%
11BBEUJPMorgan BetaBuilders Europe ETF$9.1bn3.0%+12.7%0.09%
12VPLVanguard FTSE Pacific Index Fund ETF Shares$8.6bn2.9%+21.5%0.07%
13EWCiShares MSCI Canada ETF$7.7bn2.5%+21.5%0.50%
14BBAXJPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF$6.8bn2.2%+15.8%0.19%
15INDAiShares MSCI India ETF$5.8bn1.9%−10.2%0.61%
16MCHIiShares MSCI China ETF$5.5bn1.8%−20.5%0.59%
17FLJPFranklin FTSE Japan ETF$4.3bn1.4%+16.5%0.09%
18KWEBKraneShares CSI China Internet ETF$4.2bn1.4%−38.0%0.69%
19FEZSPDR Euro STOXX 50 ETF$4.2bn1.4%+7.5%0.29%
20FXIiShares China Large-Cap ETF$3.7bn1.2%−14.8%0.73%
21EWUiShares MSCI United Kingdom ETF$3.7bn1.2%+16.4%0.50%
22AAXJiShares MSCI All Country Asia ex Japan ETF$3.7bn1.2%+13.6%0.72%
23ILFiShares Latin America 40 ETF$3.4bn1.1%+13.7%0.47%
24EWLiShares MSCI Switzerland ETF$3.0bn1.0%+19.5%0.50%
25EUFNiShares MSCI Europe Financials ETF$3.0bn1.0%+17.4%0.49%
26IPACiShares Core MSCI Pacific ETF$2.7bn0.9%+15.3%0.09%
27FLINFranklin FTSE India ETF$2.5bn0.8%−10.3%0.19%
28EPPiShares MSCI Pacific ex Japan ETF$2.2bn0.7%+12.2%0.47%
29XCEMColumbia EM Core ex-China ETF$2.0bn0.7%+24.1%0.16%
30EWPiShares MSCI Spain ETF$2.0bn0.7%+17.3%0.50%
31FLKRFranklin FTSE South Korea ETF$1.9bn0.6%+61.1%0.09%
32EPIWisdomTree India Earnings Fund$1.8bn0.6%−9.7%0.84%
33EWGiShares MSCI Germany ETF$1.6bn0.5%+5.6%0.49%
34IEViShares Europe ETF$1.6bn0.5%+12.7%0.60%
35EWWiShares MSCI Mexico ETF$1.6bn0.5%+18.0%0.50%
36EWAiShares MSCI Australia ETF$1.3bn0.4%+13.4%0.50%
37EWHiShares MSCI Hong Kong ETF$1.2bn0.4%+9.8%0.50%
38EWIiShares MSCI Italy ETF$1.2bn0.4%+12.4%0.50%
39EWDiShares MSCI Sweden ETF$1.1bn0.4%+13.6%0.51%
40EWSiShares MSCI Singapore ETF$1.1bn0.4%+11.0%0.50%
41EPOLiShares MSCI Poland ETF$1.1bn0.3%+31.9%0.59%
42FDDFirst Trust STOXX European Select Dividend Index Fund$882m0.3%+26.2%0.56%
43FLGBFranklin FTSE United Kingdom ETF$875m0.3%+16.3%0.09%
44FLCAFranklin FTSE Canada ETF$870m0.3%+22.0%0.09%
45EISiShares MSCI Israel ETF$861m0.3%+12.3%0.59%
46ECHiShares MSCI Chile ETF$807m0.3%+2.3%0.59%
47EEMAiShares MSCI Emerging Markets Asia ETF$806m0.3%+12.9%0.49%
48EWJViShares MSCI Japan Value ETF$776m0.3%+25.9%0.15%
49SPEUState Street SPDR Portfolio Europe ETF$707m0.2%+12.6%0.07%
50SMINiShares MSCI India Small-Cap ETF$679m0.2%−6.0%0.74%
51ARGTGlobal X MSCI Argentina ETF$639m0.2%−16.2%0.59%
52EWNiShares MSCI Netherlands ETF$610m0.2%+14.4%0.50%
53FLBRFranklin FTSE Brazil ETF$563m0.2%+12.4%0.19%
54KSAiShares MSCI Saudi Arabia ETF$558m0.2%−12.5%0.75%
55INDYiShares India 50 ETF$502m0.2%−11.5%0.65%
56FEPFirst Trust Europe AlphaDEX Fund$486m0.2%+15.1%0.80%
57VNMVanEck Vietnam ETF$476m0.2%−5.7%0.66%
58EZAiShares MSCI South Africa ETF$456m0.2%+6.3%0.59%
59GEMEPacific NoS Global EM Equity Active ETF$453m0.2%+22.2%0.75%
60FXYInvesco CurrencyShares Japanese Yen Trust$441m0.1%−2.7%0.40%
61AVXCAvantis Emerging Markets ex-China Equity ETF$441m0.1%+22.4%0.33%
62DFJWisdomTree Japan SmallCap Dividend Fund$437m0.1%+24.5%0.58%
63GXCSPDR S&P China ETF$421m0.1%−18.4%0.59%
64PBEUPortfolio Building Block European Banks Index ETF$416m0.1%–0.13%
65THDiShares MSCI Thailand ETF$399m0.1%+16.5%0.59%
66GMFState Street SPDR S&P Emerging Asia Pacific ETF$387m0.1%+4.9%0.49%
67EIDOiShares MSCI Indonesia ETF$379m0.1%−43.6%0.59%
68CXSEWisdomTree China ex-State-Owned Enterprises Fund$374m0.1%−24.1%0.32%
69EWQiShares MSCI France ETF$347m0.1%−0.7%0.50%
70GREKGlobal X MSCI Greece ETF$334m0.1%+29.9%0.56%
71OPPJWisdomTree Japan Opportunities Fund$332m0.1%+33.0%0.58%
72EWZSiShares MSCI Brazil Small-Cap ETF$327m0.1%−20.7%0.59%
73OPPEWisdomTree European Opportunities Fund$285m0.1%+22.3%0.58%
74DEXCDimensional Emerging Markets ex China Core Equity ETF$277m0.1%+22.7%0.43%
75VEXCVanguard Emerging Markets Ex-China ETF$274m0.1%+16.4%0.07%
76FJPFirst Trust Japan AlphaDEX Fund$269m0.1%+13.6%0.80%
77SCJiShares MSCI Japan Small-Cap ETF$235m0.1%+20.5%0.50%
78FLAUFranklin FTSE Australia ETF$227m0.1%+13.1%0.09%
79DAXGlobal X DAX Germany ETF$204m0.1%+4.2%0.20%
80INCOColumbia India Consumer ETF$204m0.1%−10.2%0.75%
81GSEUGoldman Sachs ActiveBeta Europe Equity ETF$171m0.1%+12.4%0.25%
82IEUSiShares MSCI Europe Small-Cap ETF$167m0.1%+10.5%0.41%
83DFEWisdomTree Europe SmallCap Dividend Fund$161m0.1%+13.6%0.58%
84GINDGoldman Sachs India Equity ETF$157m0.1%−10.5%0.75%
85ISRAVanEck Israel ETF$156m0.1%+15.0%0.59%
86TURiShares MSCI Turkey ETF$152m0.1%−9.9%0.59%
87EPHEiShares MSCI Philippines ETF$141m0.0%−6.3%0.59%
88STXEStrive Emerging Markets Ex-China ETF$135m0.0%+29.8%0.32%
89IZRLARK Israel Innovative Technology ETF$130m0.0%−5.3%0.49%
90KEMXKraneShares MSCI Emerging Markets ex China Index ETF$127m0.0%+31.9%0.24%
91MKORMatthews Korea Active ETF$126m0.0%+56.3%0.79%
92NBJPNeuberger Japan Equity ETF$123m0.0%+15.7%0.50%
93FEUZFirst Trust Eurozone AlphaDEX ETF$115m0.0%+12.4%0.80%
94FPAFirst Trust Asia Pacific Ex-Japan AlphaDEX Fund$109m0.0%+15.8%0.80%
95ITEQAmplify BlueStar Israel Technology ETF$107m0.0%+2.8%0.75%
96FLLAFranklin FTSE Latin America ETF$103m0.0%+14.9%0.19%
97NFTYFirst Trust India NIFTY 50 Equal Weight ETF$101m0.0%−8.3%0.80%
98FLEEFranklin FTSE Europe ETF$100m0.0%+12.9%0.09%
99CHIQGlobal X MSCI China Consumer Discretionary ETF$97m0.0%−30.4%0.65%
100GSJYGoldman Sachs ActiveBeta Japan Equity ETF$97m0.0%+16.7%0.25%
101FLSWFranklin FTSE Switzerland ETF$93m0.0%+19.1%0.09%
102FGMFirst Trust Germany AlphaDEX Fund$87m0.0%+1.9%0.80%
103GLINVanEck India Growth Leaders ETF$86m0.0%−1.6%0.72%
104JPYLazard Japanese Equity ETF$84m0.0%+18.9%0.60%
105FLMXFranklin FTSE Mexico ETF$82m0.0%+18.1%0.19%
106EIRLiShares MSCI Ireland ETF$78m0.0%+22.8%0.50%
107FLEUFranklin FTSE Eurozone ETF$68m0.0%+8.7%0.09%
108FLAXFranklin FTSE Asia ex Japan ETF$68m0.0%+13.9%0.19%
109DVYAiShares Asia/Pacific Dividend ETF$68m0.0%+21.1%0.49%
110EUDGWisdomTree Europe Dividend Growth Fund$66m0.0%+11.9%0.58%
111QATiShares MSCI Qatar ETF$58m0.0%−8.0%0.60%
112EMMGlobal X Emerging Markets ex-China ETF$55m0.0%+20.9%0.66%
113ADIVGuinness Atkinson Asia Pacific Dividend Builder ETF$54m0.0%+8.7%0.78%
114MEMXMatthews Emerging Markets Ex China Active ETF$52m0.0%+21.0%0.79%
115NDIAGlobal X India Active ETF$50m0.0%−8.4%0.75%
116FLNFirst Trust Latin America AlphaDEX Fund$41m0.0%+13.9%0.80%
117EWUSiShares MSCI United Kingdom Small-Cap ETF$40m0.0%+14.8%0.59%
118FLGRFranklin FTSE Germany ETF$38m0.0%+5.4%0.09%
119FSZFirst Trust Switzerland AlphaDEX Fund$37m0.0%+10.2%0.80%
120INQQINQQ The India Internet ETF$36m0.0%−15.7%0.86%
121FKUFirst Trust United Kingdom AlphaDEX Fund$36m0.0%+20.3%0.80%
122CNQQRayliant-ChinaAMC Transformative China Tech ETF$35m0.0%−24.2%0.75%
123VNAMGlobal X MSCI Vietnam ETF$34m0.0%+4.1%0.51%
124PTEUPacer Trendpilot European Index ETF$34m0.0%+6.6%0.65%
125IDXVanEck Indonesia Index ETF$31m0.0%−44.1%0.57%
126PEMXPutnam Emerging Markets Ex-China ETF$30m0.0%+23.7%0.70%
127OTGLOTG Latin America ETF$28m0.0%+5.6%0.95%
128JAPNHorizon Kinetics Japan Owner Operator ETF$25m0.0%−5.6%0.85%
129MJSCMUFG Japan Small Cap Active ETF$22m0.0%+18.5%1.01%
130BRFVanEck Brazil Small-Cap ETF$18m0.0%−16.1%0.60%
131INDEMatthews India Active ETF$17m0.0%−2.9%0.79%
132TEMXTouchstone Sands Capital Emerging Markets ex-China Growth ETF$12m0.0%+9.6%0.80%
133JPANMatthews Japan Active ETF$12m0.0%+15.6%0.79%
134DGINVanEck Digital India ETF$11m0.0%−14.3%0.70%
135KPHOKraneShares Dragon Capital Vietnam Growth Index ETF$11m0.0%–1.02%
136CASSimplify China A Shares PLUS Income ETF$10m0.0%−4.5%0.88%
137XCNYState Street SPDR S&P Emerging Markets ex-China ETF$10m0.0%+14.2%0.19%
138BRAZGlobal X MSCI Brazil ETF$9m0.0%+7.3%0.75%
139ADVEMatthews Asia Dividend Active ETF$9m0.0%+16.8%0.79%
140EUDVProShares MSCI Europe Dividend Growers ETF$8m0.0%+10.7%0.55%
141IOPPSimplify Tara India Opportunities ETF$6m0.0%−8.2%0.73%
142INDZVanEck India Select ETF$5m0.0%–0.75%
143XEMLXtrackers Europe Market Leaders ETF$5m0.0%–0.35%
144FPXEFirst Trust IPOX Europe Equity Opportunities ETF$5m0.0%+2.0%0.70%
145FLSAFranklin FTSE Saudi Arabia ETF$5m0.0%−11.5%0.39%
146INDXtrackers Nifty 500 India ETF$4m0.0%–0.19%
147KCAIKraneShares China Alpha Index ETF$3m0.0%–0.79%
148INDQPacer ActiveAlpha India Quality ETF$2m0.0%–0.88%
149CTWOCOtwo Advisors Physical European Carbon Allowance Trust$2m0.0%+8.2%0.79%
150ISRLDefiance KSM Israel 120 ETF$1m0.0%–0.59%
151LTENDefiance Latin America Top 10 ETF–0.0%––

Other categories in dollar displacement

Common questions

Which ETFs are country and region ETFs?151 US ETFs sit in this category of dollar displacement. Stocks in one country or region. Driven by that government's and central bank's policy, and its currency.
What is the largest country and region ETF?VGK, Vanguard FTSE Europe ETF, with $29.7bn, 9.9% of the category's money.
How have country and region ETFs performed?The median unleveraged ETF here returned +12.7% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.