International Markets

Where in the world is the money going? Every tile below is a market, not a stock. Each one is measured through the fund global investors actually use to enter it, so price tells you how the market is doing and fund flows tell you whether money is arriving or leaving.

Tony's read: price and flow agreeing is confirmation. Price and flow disagreeing is the interesting part: a market that falls while money keeps arriving is being bought on the dip, and a rally nobody funds is running on fumes. Tap any tile for my note on that market.

This board is separate from our conviction rankings. Conviction scores come from thematic funds; these tiles use index country funds as measuring instruments for market-level money movement. Net flow = change in shares outstanding times price (fund creations and redemptions). Share-count tracking began 2026-07-09; flow figures appear as history accrues.

Europe

2 markets, sorted by fund size

Asia

12 markets, sorted by fund size

Latin America

4 markets, sorted by fund size

Where the big international money sits

The broad international allocation funds, broken down by country of risk. When these giants take in new money, it lands in markets in these proportions. The mix is the map.

Total InternationalIXUS
$59B
Japan
15.4%
Taiwan
9.0%
United Kingdom
8.7%
Canada
8.4%
Korea (South)
5.4%
China
5.3%
Switzerland
5.3%
France
5.0%
Developed ex-North AmericaEFA
$77B
Japan
24.2%
United Kingdom
14.8%
Switzerland
9.6%
France
9.3%
Germany
8.7%
Australia
6.5%
Netherlands
5.7%
Spain
3.9%
Emerging MarketsEEM
$31B
Taiwan
29.2%
China
19.9%
Korea (South)
18.1%
India
11.4%
Brazil
5.0%
South Africa
3.1%
Saudi Arabia
2.3%
Mexico
1.7%
EM ex-ChinaEMXC
$25B
Taiwan
36.7%
Korea (South)
22.6%
India
14.3%
Brazil
6.1%
South Africa
3.9%
Saudi Arabia
3.0%
Mexico
2.1%
United Arab Emirates
1.6%
EuropeIEUR
$9.2B
United Kingdom
23.7%
Switzerland
14.4%
France
13.8%
Germany
13.1%
Netherlands
8.3%
Sweden
6.0%
Spain
5.8%
Italy
4.9%
EurozoneEZU
$9.4B
France
27.5%
Germany
25.5%
Netherlands
16.6%
Spain
11.5%
Italy
9.2%
Finland
3.4%
Belgium
3.2%
Ireland
1.2%
EM AsiaEEMA
$894M
Taiwan
33.4%
China
29.8%
Korea (South)
17.5%
India
15.4%
Thailand
1.4%
Malaysia
1.3%
Indonesia
0.7%
Latin AmericaILF
$3.8B
Brazil
58.7%
Mexico
23.6%
Chile
6.8%
Peru
6.5%
Colombia
2.7%
Sweden
1.1%
United States
0.6%
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Data snapshot: Oct 17, 2026, 9:50 AM ET. Market instruments are US-listed iShares country and regional funds (Argentina via Global X ARGT). Size is fund net assets. Performance is price return over each window. Net flow is the change in fund shares outstanding times price, our measure of money entering or leaving the fund. This is a window into global allocation through US-listed funds, not a census of all flows. Indicative only, not investment advice.

Stockscout is for informational purposes only and does not constitute financial advice. All data is indicative and sourced from public ETF disclosures and market feeds. Past performance is not a guarantee of future results. Always do your own research.

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