Additionally, the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG), the low cost alternative to EEM, is one of this year’s top asset-gathering ETFs as investors have continually looked for low-fee options when embracing ex-US equities.

IEMG has added over $1 billion in new assets in the fourth quarter while investors have poured nearly $846 million into VWO. Those two ETFs are among the top 10 asset-gathering ETFs in the current quarter.

“Talk of an impending end to gains in emerging-market equities has simmered since April, as richer valuations and festering political crises spurred mini selloffs in individual markets,” according to Bloomberg. “Yet the asset class as a whole repeatedly showed resilience, pushing investors to conclude this month that the rally won’t end unless there’s a shock from the Federal Reserve or an unlikely collapse in China’s economy.”

For more information on the ETF market, visit our ETF performance reports category.

Tom Lydon’s clients own shares of VWO.