ETF Monitors

Weekly ETF Monitor for week ending 22 March 2019

thumbnail

Mar 26, 2019

This week's highlights Last week saw mixed results for Australian listed ETFs as markets digested the Fed’s stance on interest rates. VanEck’s China New Economy ETF (CNEW) continued its strong YTD performance up 4.6% for the week. Whilst BetaShares’ Global Gold Miners ETF (MNRS) returned 3.1% and ETFS Physical Platinum (ETPMPT) rounded out the top three best weekly performers. The top performers over the previous 12 months are still ETFS Palladium (ETPMPD) up over 70%. Followed by domestic and international property ETFs; GLIN, VAP and SLF. Resources ETFS also featuring in the top ten for the week were OZR and QRE. Domestically domiciled ETFs saw total flows in of $A127 Million for the week and flows out of $A162 Million. The best flows for the week were seen across local beta ETFs A200 and IOZ with a cumulative flow of over $A40 Million. Fixed interest ETFs continued their steady positive flows over the week. FLOT, PLUS and CRED all saw inflows. The largest outflow for the week was from iShares IVV, which saw an outflow of over A$43 Million. Looking at turnover, unsurprisingly broad-based ETFs and cash products topped Average Daily Traded Value metrics for the week and also YTD.

Download now

Weekly ETF Monitor for week ending 15 March 2019

thumbnail

Mar 19, 2019

This week's highlights Risk-on sentiment returned last week as U.S.-China trade tensions cooled. Energy and technology sectors outperformed. ETFS S&P Biotech ETF (CURE), NDQ, RBTZ and FUEL were amongst the top performers for the week. China-focused funds (IZZ and CNEW) outperformed following strong economic data. ETFS EURO STOXX 50 ETF (ESTX) returned 3.2% as the UK Parliament voted against a no-deal Brexit. The U.S. dollar weakened last week with USD, ZUSD and YANK all amongst the poorest performers. Australian banks also underperformed with QFN, OZF and MVB all dropping more than 1%. Total flows into domestically domiciled ETFs were $165m for the week, while outflows totalled $81m. The biggest inflows were into U.S. equity funds (IVV and IJR) along with global ex-U.S. equities (IVE) and bearish Australian equities (BBOZ). BetaShares Australian High Interest Cash ETF (AAA) saw the bulk of the week’s outflows. IVV and AAA were the most traded funds last week, while IJR, IVE and UBA saw above average volumes. ETFS S&P Biotech ETF (CURE) posted a positive return of 4.9% for the week, taking its total return since inception (8 Nov 2018) to 11.5% and its gain from the bottom of the market in December to 38.2%.

Download now

Weekly ETF Monitor for week ending 8 March 2019

thumbnail

Mar 11, 2019

This week's highlights Defensive sectors outperformed last week as most global equity benchmarks sold off. Gold mining ETFs (GDX and MNRS) and domestic real estate ETFs (MVA, SLF and VAP) were all amongst the week’s top performers. High beta funds including CURE, ROBO, HACK and RBTZ as well as Asia-focused ETFs (HJPN and IKO) were amongst the underperformers, all falling by more than 3%. Precious metal ETFs all declined, with platinum (ETPMPT) posting the biggest drop for the week. Total flows into domestically domiciled ETFs were $165m for the week, while outflows totalled $32m. The biggest inflows were into iShares Core Cash ETF (BILL) and iShares Global Consumer Staples ETF (IXI), while there were significant inflows into geared-short Australian equities (BBOZ) and outflows from geared-long Australian equities (GEAR). BILL and IXI also ranked highly in the most-traded ETFs for the week. VAS was the most traded fund for the week, while STW saw significantly below average turnover. ETFS Global Core Infrastructure ETF (CORE) posted a positive return of 0.7% for the week and is amongst the top performers on a 12 month basis, with a total return of 20.9% over a volatile period.

Download now

Weekly ETF Monitor for week ending 1 March 2019

thumbnail

Mar 05, 2019

This week's highlights China A-shares posted big gains last week as the U.S. announced it would delay planned tariff increases. CETF and CNEW returned 7.1% and 6.1% for the week respectively. European equities also rallied as the prospect of a no-deal Brexit lessened. ETFS EURO STOXX 50 ETF (ESTX) returned 2.3%, BetaShares British Pound ETF (POU) gained 2.0%. ETFS S&P Biotech ETF (CURE) was the week’s top performing ETF, returning 7.6% and is now up 26.2% year-to-date. Commodity ETFs were mixed with gold, silver and oil declining, while platinum and palladium rose strongly. Gold mining ETFs, GDX and MNRS, were the poorest performing ETFs for the week. Total flows into domestically domiciled ETFs were $181m for the week, while outflows totalled $50m. Fixed income funds IGB, IHCB, AAA, ILB and QPON all saw strong inflows. The week’s biggest outflows were from STW and GOLD. Trading volume was dominated by the usual suspects; AAA, STW, VAS and IVV, with above average trading seen in IGB, GOLD and IHVV. ETF Securities’ “Future Present” range of funds has continued its strong start to 2019 with CURE, ROBO and TECH all returning in excess of 17% year-to-date and ACDC up 7.3%.

Download now

Weekly ETF Monitor for week ending 22 February 2019

thumbnail

Feb 25, 2019

This week's highlights Globally, Chinese stocks rebounded last week as well as throughout Asia. Reporting season continued to see mixed results for Australia and the U.S. VanEck’s China focused ETFs CNEW and CETF lead the performance tables for the week. The ETFS Physical Platinum (ETPMPT) was the top performing commodity ETF for the week. Global and domestic bear products were the worst performers over the week as global and domestic markets continued their upward trend from January’s strong rally. Looking longer term, ETFS Physical Palladium (ETPMPD) remains the best performer over 12 months with 57.1% return. The physically backed metal has now reached over US$1,400/oz. Total flows for the week were dominated by cash and fixed income products including AAA, IAF and PLUS. With the ETF market seeing positive inflows of $50.3 million . Trading volumes were again highest among beta ETFs, with Magellan’s MGE making the top 10 for the week.

Download now

Weekly ETF Monitor for week ending 15 February 2019

thumbnail

Feb 19, 2019

This week's highlights Global stocks gained last week with energy, industrials and materials sectors outperforming as U.S./China trade talks progressed. VanEck Vectors China New Economy ETF (CNEW) and ETFS ROBO Global Robotics and Automation ETF (ROBO) were the top performing unleveraged equity funds for the week. High growth plays including RBTZ, CURE and IJR also posted strong gains. Domestic financial sector ETFs were amongst the week's worst-performers as the post-Royal Commission bounce receded; MVB, OZF and QFN all dropped more than 1.4%. Commodity ETFs were mixed with OOO returning 5.4% on reports of lower global oil production. Precious metals mostly declined modestly, with the exception of palladium (ETPMPD), which continued to hit new highs on growing demand and tight supply. Total flows into domestically domiciled ETFs were $54m for the week, while outflows totalled $22m. The week's largest inflows were into a mix of funds including CNEW, BBOZ, HBRD and FAIR. The largest outflows were from GEAR, IEU and IJH. Trading volume was dominated by the usual suspects; STW, VAS, IVV and AAA, with above average trading seen in NDQ, BBOZ and QOZ. ETFS S&P Biotech ETF (CURE) continues to be 2019’s top performing unleveraged equity fund, having gained 18.6% YTD.

Download now