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Market Impact: 0.2

EWZ, XP, JBS, AUGO: ETF Outflow Alert

Emerging MarketsInvestor Sentiment & PositioningMarket Technicals & Flows

EWZ (iShares MSCI Brazil ETF) saw an approximate $248.2M weekly outflow, down 2.9% week-over-week in shares outstanding. This suggests mild risk-off positioning toward Brazil ETFs on a short-term basis, but the magnitude is unlikely to be market-moving beyond the fund/region.

Analysis

EWZ (iShares MSCI Brazil ETF) saw an approximate $248.2M weekly outflow, down 2.9% week-over-week in shares outstanding. This suggests mild risk-off positioning toward Brazil ETFs on a short-term basis, but the magnitude is unlikely to be market-moving beyond the fund/region.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

Ticker Sentiment

TSTS0.00

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