ETF Monitors

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

This week's highlights Risk-off sentiment dominated last week with equity markets entering correction territory across the globe. Bearish ETFs (BBUS, BBOZ and BEAR) were by far the top performing funds for the week. Geared funds aside, the biggest declines were seen across a range of sectors, including gold miners (MNRS), energy (FUEL), real estate (REIT) and banks (BNKS). Precious metals were mixed. Gold reached its highest level in seven years, before retreating later in the week. Palladium (ETPMPD) once again reached new all-time highs. Oil saw big declines, with OOO dropping 16.2% for the week. The Australian dollar fell below US65c for the first time since the GFC, driving currency ETFs higher. BetaShares Euro ETF (EEU) and ETFS Enhanced USD Cash ETF (ZUSD) were amongst the week’s top performers. Total flows into domestically domiciled ETFs were $381m, while outflows totalled $86m. BetaShares Australian High Interest Cash ETF (AAA) and ETFS Physical Gold (GOLD) saw the largest inflows for the week as investors looked for safe-haven assets. iShares Global 100 ETF (IOO) and BetaShares S&P/ASX 200 Resources Sector ETF (QRE) saw the bulk of the week’s outflows. VAS was the most traded fund last week, followed by AAA. GOLD and BBOZ saw above average volumes. ...
This week's highlights Chinese stocks rebounded last week on the back of tough measures to contain the coronavirus outbreak and stimulate economic activity. CNEW and CETF were both amongst the top performing ETFs for the week. Other Asian markets including South Korea and Japan suffered as outbreaks spread; IKO, UBP, IJP, IAA, UBJ and ASIA were all amongst the week’s poorest performers. Global technology stocks (TECH) also suffered on global growth and supply-chain concerns. Precious metals all gained with haven assets in demand. GOLD returned 5.3% for the week, while palladium (ETPMPD) added 10.8% and once again touched new all-time highs. Gold mining ETFs (GDX and MNRS) were the top performing equity funds for the week. Total flows into domestically domiciled ETFs were $333m, while outflows totalled $43m. Russell Australian Responsible Investment ETF (RARI) saw the largest inflows for the week, followed by a range of global equity funds (ETHI, IEM, QUAL and NDQ). Domestic equities (IOZ), fixed income (QPON, IAF and AAA) and gold (GOLD) also saw strong flows. BetaShares FTSE RAFI Australia 200 ETF (QOZ) saw the bulk of the week’s outflows. RARI was the most traded fund last week, reflecting its flows, followed by VAS, AAA and STW. GOLD and IEM saw above average volumes. ...
This week's highlights Global markets maintained their recent highs last week. Precious metal palladium was the best performer over the week, with ETFS Physical Palladium (ETPMPD) returning 6.5%. Australian financials and property ETFs were also amongst the best performers. SPDR S&P/ASX 200 Financials ex A-REITS Fund (OZF) was up 3.6%, BetaShares S&P/ASX 200 Financials Sector ETF (QFN) up 3.6% and VanEck Vectors FTSE International Property (Hedged) ETF (REIT) up 2.7%. The worst performers over the week were Japanese equity based ETFs. iShares MSCI Japan ETF (IJP) was down 2.1% and UBS IQ MSCI Japan Ethical ETF (UBJ) also down 2%. Looking at flows for the week. Inflows totalled A$311 million whilst outflows were A$78 million. The biggest inflows were into ETFS Physical Gold (GOLD) which saw A$28.6 million. Largest outflows for the week were in Japanese and Australian based ETFs. BetaShares Australia 200 ETF (A200) had A$35.4 million in outflows and iShares MSCI Japan ETF (IJP) A$17.4 million in outflows. Year to date inflows remain strongest in Australian and international equities as well as gold. ...
This week's highlights Healthcare and technology sectors had a strong week as repercussions on markets as a result of the Coronavirus were more subdued than first thought. The Australian Dollar continued to weaken having a positive effect on unhedged international ETFs. ETFS S&P Biotech ETF (CURE) was the best performing equity ETF over the week returning 6.8%. BetaShares Asia Technology Tigers ETF (ASIA) was up 5.3% and ETFS Battery Tech & Lithium ETF (ACDC) was up 4.5% as Tesla and Orocobre had strong weeks. The worst performers were Chinese equity ETFs, with VanEck Vectors ChinaAMC A-Share ETF (CETF) down 5.4%. Oil and Mining ETFs also had a negative week. VanEck Vectors Gold Miners ETF (GDX) was down 3.6% and BetaShares Crude Oil Index ETF - Ccy Hedged (OOO) was down 2.4%. The best flows were into fixed income products. VanEck Vectors Australian Floating Rate ETF (FLOT) topped the weekly inflows with A$25m. ETFS Physical Gold (GOLD) also had a strong week with A$13m in inflows. The biggest outflows were seen in BetaShares Australia 200 ETF (A200), which had outflows of A$119m. ...
This week's highlights Safe haven assets bounced back last week as global uncertainty surged around the global pandemic of the Coronavirus. ETFS Physical Gold (GOLD) was up 3.3% over the week and ETFS Physical Silver (ETPMAG) was also up 2.3%. Currency ETFs also had a good week as the Australian dollar weakened against global majors. BetaShares British Pound ETF (POU) was up 2.9% and ETFS Enhanced USD Cash ETF (ZUSD) was up 2%. Asian Equity ETFs saw mostly red last week. The iShares MSCI South Korea Capped ETF (IKO) was down 6.5% and iShares Asia 50 ETF (IAA) was also down 5%. Further drops were seen throughout Asia with the BetaShares Japan ETF (Hedged) (HJPN) down 4.1%. One month into the new year sees precious metals and technology ETFs as the best performers. ETFS Physical Palladium (ETPMPD) is the best performer YTD up 25.5%. Net flows for the week were down but still positive. Inflows totalled $228 Million whilst outflows were $76 Million. The biggest outflow was in SPDR S&P/ASX 200 Fund (STW) with $51 Million redeemed. The biggest inflows were into iShares S&P/ASX 200 ETF (IOZ) $25 Million and iShares Global High Yield Bond (AUD Hedged) ETF (IHHY) $23 Million. ...
This week's highlights Defensive equity funds were the flavour of the week with gold miners (GDX and MNRS), infrastructure (VBLD and CORE) and real estate (DJRE) topping the performance tables. Asia and emerging markets funds (IZZ, CETF, CNEW, IAA and VGE) were amongst the poorest performers. Energy company fund (FUEL) also suffered on falling crude prices. Precious metals all gained, with the exception of silver. GOLD returned 1.2% for the week, while palladium (ETPMPD) touched new all-time highs before pulling-back. Crude oil dipped below US$54/bbl and oil ETF OOO declined 7.5% for the week. Total flows into domestically domiciled ETFs were $364m, while outflows totalled $15m. SPDS S&P/ASX 200 Fund (STW) saw the largest inflows for the week, followed closely by a range of domestic equity (MVR and A200) and fixed income (AAA, QPON and CRED) funds. Emerging market equities (IEM) and gold (GOLD) also saw strong flows. IOZ was the most traded fund last week, followed by VAS and STW. VHY and QPON saw above average volumes. ...
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