Investor inflows to U.S. exchange traded funds that buy emerging market stocks and bonds slowed in the week ended Feb. 26, though ETFs posted the first back-to-back increases this year.

Deposits into emerging-market ETFs that invest across developing nations as well as those that target specific countries totaled $139.4 million, down from $242 million in the previous week, according to data compiled by Bloomberg. So far this year, the funds are down $5.35 billion.

Last week, stock funds collected $14.8 million and bond funds advanced by $124.6 million. The MSCI Emerging Markets Index declined 0.1 percent in the week.

The biggest change was in Mexico, where funds shrank by $16 million, compared with $30.3 million of inflows the previous week. Investors withdrew $25.3 million from stock funds and added $9.3 million to bonds.

The Mexico IPC Index advanced 0.2 percent. The peso weakened 0.29 percent against the dollar and implied three-month volatility is 13.2 percent.

Indonesia had the next-biggest change, with ETF investors adding $14.9 million, compared with $51.2 million of inflows the previous week. Stock funds grew by $7.3 million and bond ETFs increased by $7.5 million.

The Jakarta Composite Index gained 0.8 percent. The rupiah appreciated 0.95 percent against the dollar and implied three-month volatility is 12.01 percent.

Following is a table detailing net inflows and outflows for emerging-market ETFs. The data include the index-weighted allocations from the biggest multi-country funds, such as the Vanguard FTSE Emerging Markets ETF and iShares MSCI Emerging Markets ETF, as well
as country-specific funds:

Flow Week Flow % Equity Bond FX
Region End Feb. 26 Change Flow Flow Change
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Total EM Flow 139.4 -42.4% 14.8 124.6 n/a
Malaysia 21.2 371.26% 14.8 6.4 -0.12%
South Korea 21.2 n/a 21.3 -0.1 -0.30%
India 16.2 47.82% 16.4 -0.2 -0.24%
South Africa 15.0 121.78% 9.5 5.5 -4.76%
Indonesia 14.9 -71.02% 7.3 7.5 0.95%
Poland 12.3 -13.94% 4.9 7.4 -1.81%
Taiwan 11.8 740.68% 11.8 0.0 -0.27%
Brazil 11.5 114.30% 4.7 6.7 0.55%
Philippines 10.9 -12.32% 4.9 6.0 0.27%
Russia 8.6 -70.35% 2.3 6.3 0.89%
Chile 7.8 -37.33% 4.9 2.9 1.20%
Colombia 7.4 33.80% 1.7 5.6 0.42%
Thailand 6.6 127.20% 3.4 3.2 -0.01%
Peru 4.5 -9.00% 0.3 4.2 -0.26%
Argentina 2.3 -38.14% -0.1 2.3 -2.60%
U.A.E. 1.4 246.91% 1.4 0.0 0.00%
Egypt 0.9 -5.32% 0.3 0.7 0.02%
Qatar 0.4 -46.53% 0.4 0.0 0.01%
Turkey -0.8 -110.49% -8.3 7.5 -1.47%
Nigeria -2.3 #DIV/0! -2.2 0.0 -0.25%
Vietnam -4.5 31.23% -4.7 0.3 0.15%
Singapore -11.2 n/a -11.0 -0.2 -0.19%
Mexico -16.0 -152.61% -25.3 9.3 -0.29%
China and Hong Kong -34.4 -46.05% -33.1 -1.4 -0.28%
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*T
NOTE1: For further ETF analysis, download the ETF workbook: XLTP XETFM
NOTE2: For Bloomberg’s ETF screener: ETF
NOTE3: Currency performance for China and Hong Kong is based on the yuan,
stock index uses the Shanghai Composite Index.