ETF Monitors

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The latest flows and performance insights into the top and bottom performing Australian ETFs.

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This week's highlights Chinese ETFs were among the top performers again last week, with CNEW and CETF making it into the top 10. Reports suggest that ending Shanghai lockdowns, the phasing out of Beijing’s tech crackdown and loose monetary policy are among the reasons for the rally. Crypto ETFs were the bottom performers last week, with EBTC and EETH falling in the bottom 10. The collapse of the Celsius Network was the precipitate. Crude oil and energy stock ETFs continue to go back and forth between best and worst performing weekly ETFs, with OOO and FUEL falling in the bottom 10 again last week. Again, interest rates are likely to blame as hikes from major central banks could slow the global economy and cut demand for energy. There were $142 million in recorded inflows. IOZ, A200 and STW – all offering exposure to the top 200 Australian companies – accounted for 21%, or roughly $30.3 million of these. ...
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This week's highlights Chinese ETFs were the top performers last week, with five ETFs offering exposure to the colossus economy – ASIA, IZZ, CETF, CNEW & VAE – making it into the top 10. This is due to increased investor confidence in the country’s economic prospects with accelerated resumption of work. Perhaps surprisingly, Australian bank-heavy ETFs were the bottom performers last week, with MVB, QFN, OZF falling in the bottom 10. While rising interest rates typically improve bank profitability, Aussie banks are heavily exposed to residential property and mortgages, which are trending downwards. Property ETFs were among the bottom performers again, names include SLF, MVA and VAP. Again, interest rates are likely to blame as increased borrowing costs negatively impact the property market. Our LNAS and SNAS were at the extreme best and worst performers. SNAS has been the primary beneficiary of cratering US tech shares, while LNAS has been the primary victim. ...