3. iShares JP Morgan Emerging Market Corporate Bond ( EMB). Due to monetary tightening and rising interest rates accross all emergers -- Brazil, India and China, in particular -- the cash flow from bond payments has barely made up for the capital depreciation. However, the majority of EMs are getting closer to embracing a more neutral stance; each will be turning its attention back to growing its economic activity, rather than constraining it. Consider all of the talk about emerging market outflows and emerging market underperformance. That's old news! Emergers have reclaimed their assertiveness since late February, and that includes the corporate bonds arena. EMB has climbed above and effectively remained above its 200-day exponential average for five weeks.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI All Country Asia ex Japan ETF where we have detected an approximate $288.4 million dollar inflow -- that's a 9.6% increase week over week in outstanding units (from 48,100,000 to 52,700,000). START SLIDESHOW:Click here to find out which 9 other ETFs had notable inflows » The chart below shows the one year price performance of AAXJ, versus its 200 day moving average: Looking at the chart above, AAXJ's low point in its 52 week range is $54.63 per share, with $66.57 as the 52 week high point — that compares with a last trade of $63.49.