ETF Monitors

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

This week's highlights Cyclical stocks (technology, consumer discretionary and energy) led equity markets lower last week. The S&P 500 fell 1.6% and the VIX remained elevated following its October spike. The EURO STOXX 50 fell 1.5% as Brexit and Italy concerns continued to develop. In Asia, Japan's Nikkei 225 dropped 2.6%, while China's Shanghai Composite provided some positive news, gaining 3.1% on strong manufacturing data. CETF was amongst the top performing ETFs for the week. Domestically the S&P/ASX 200 fell 3.2% as the overweight financials and materials sectors pulled-back. The U.S. dollar fell broadly last week as uncertainty around a December hike increased. The Australian dollar ended the week 1.5% stronger at US73.32c. Gold rallied last week, gaining 1.1% to US$1,223/troy ounce. Palladium gained 5.4% on growing auto demand supply concerns. ETFS Physical Palladium (ETPMPD) was the top performing unleveraged fund for the week. WTI crude fell 6.2% to its lowest level since last December and BetaShares Crude Oil Index ETF (OOO) was the poorest performing unleveraged ETF for the week. The Australian ETF market saw inflows of $138m into and outflows of just $7m from domestically domiciled funds last week. The largest inflows were into domestic equity ETFs (IOZ, OZF and FAIR). ...
The week's highlights Global equity markets rallied last week in the wake of U.S. midterm elections. The S&P 500 gained 2.1% on the expectation that major policy changes would be slowed by the divided government. The EURO STOXX 50 added 0.5%, while the Nikkei 225 was flat. Domestically the S&P/ASX 200 added 1.2%, led higher by the big four banks, which posted an average gain of 4.3% for the week. Bank and property ETFs (MVB and MVA) were amongst the week's best performers. The Fed kept U.S. rates unchanged, while firming expectations of a December hike. Short-term yields rose and longer-dated yields remained near recent highs. The Australian dollar ended the week stronger at US72.26c. Commodities declined with gold down 1.9% and silver down 3.8%. WTI crude fell 4.7% to its lowest level since February and BetaShares Crude Oil Index ETF (OOO) was the poorest performing ETF for the week. The Australian ETF market saw inflows of $116m into and outflows of $23m from domestically domiciled funds last week. The largest inflows were into domestic equity ETFs (IOZ and MVW), while the largest outflows were from domestic small caps (ISO) and U.S. dollar (ZUSD). ...
This week's highlights Global equity markets bounced last week as volatility subsided in the run-up to this week's U.S. midterm elections. The S&P 500 ended the week up 2.4%, while the EURO STOXX 50 added 2.5% and the Nikkei 225 jumped 5.0%. Leveraged funds aside, the top performing ETFs for the week were global robotics funds (RBTZ and ROBO), which returned in excess of 6%. Asia Pac funds also performed strongly. Bearish equity funds, unsurprisingly, dominated the worst performers list. The Australian dollar ended the week stronger at US71.93c. U.S. 10-year Treasury yields rose 14bps and expectations of a December hike by the Fed firmed on strong U.S. employment data. Gold traded in a tight range, ending the week slightly lower at US$1,233/ounce, while platinum rose 4.3%. WTI crude fell 6.6% to US$63.14/bbl as U.S. sanctions on Iranian exports commenced. The Australian ETF market saw inflows of $447m into and outflows of $264m from domestically domiciled funds last week. The largest inflows were into domestic equity ETFs (VAS, VHY and STW), while global broad-based equity funds (VGS and VGAD) also attracted strong flows. The bulk of outflows were also from domestic equities (IOZ). ...
This week's highlights Global equity markets stabilised last week. The S&P 500 ended the week flat, while the EURO STOXX 50 rose 0.5% and the Nikkei 225 fell 0.7%. Defensive sectors outperformed, with ETFS S&P 500 High Yield Low Volatility ETF (ZYUS) being amongst the top performers. Global infrastructure funds were the top performers with MICH and GLIN returning 2.2% for the week. Domestically, the S&P/ASX 200 ended the week 0.7% higher. Real estate was the top performing domestic sector, with MVA, SLF and VAP all amongst the week's top ETFs. The Australian dollar ended the week slightly higher at US71.19c, while the U.S. dollar gained against both the euro and yen. In fixed income, U.S. 10-year Treasury yields rose 3bps and Italian government bonds sold off sharply as the budget conflict between the populist Italian government and the EU escalated. Gold gained 0.7% to US$1,216/ounce, its third consecutive weekly gain. WTI crude fell 3.1% to US$69.12/bbl. The Australian ETF market saw inflows of $179m into and outflows of $77m from domestically domiciled funds last week. The largest inflows were into domestic equity ETFs (A200, IOZ, MVW and STW). The largest outflows were from bearish Australian equities (BBOZ) and U.S equity and cash ETFs (IJR, USD and NDQ). ...
This week's highlights The global equity selloff picked-up pace last week as U.S. 10-year Treasury yields rose above 3.2% and U.S.-China trade conflict continued to concern investors. The S&P/ASX 200 fell 4.7%, its biggest weekly decline since early 2016. The S&P 500 fell 4.1%, led lower by the cyclical technology, financial and industrial sectors. The EURO STOXX 50 fell 4.5%, while the Nikkei 225 dropped 4.6%. Bearish equity funds (BBOZ, BBUS and BEAR) were the top performers for the week, along with gold mining ETFs, with MNRS and GDX returning 6.2% and 5.2% respectively. Global robotics and AI funds (ROBO and RBTZ) were amongst the poorest performers. U.S. 10-year Treasury yields hit a new 7-year high above 3.25% before pulling back to end the week at 3.16%. The U.S. dollar pulled-back. The Australian dollar ended the week at US71.14c. Gold rallied 1.1% to US$1,217/ounce on safe-haven buying and is now more than 4.2% above its August lows. WTI crude fell 4.0% to US$71.34/bbl. The Australian ETF market saw inflows of $215m into and outflows of $47m from domestically domiciled funds last week. The largest inflows were into domestic cash and equity ETFs (AAA, STW and IOZ). The largest outflows were from U.S dollar and U.S. equity ETFs (USD, IVV and IJR). ...
The S&P/ASX 200 fell 0.4% last week as real estate and industrials declined. Offshore the S&P 500 dropped 1.0% as the technology sector fell. The EURO STOXX 50 fell 1.6%. Japan's Nikkei 225 was also down 1.4%. The U.S. dollar strengthened last week following the Fed action; the Australian dollar fell 2.4% to US70.52c, the euro fell 1.7%, while the yen fell 2.4%. The BetaShares Strong Australian Dollar Hedge Fund (AUDS) was the poorest performing ETF for the week, falling 6.0%. Betashares Strong US Dollar Hedge Fund ETF (YANK) was the top performing fund for the week with a return of 5%. Commodities strengthened with the broad Bloomberg Commodities Index gaining 2.0%. WTI crude added 1.5% for the week, while gold ended the week higher at US$1,204/ounce. ETFS Physical Silver ETF (ETPMAG) was the top performing commodity ETF for the week, followed by ETFS Physical Gold ETF (GOLD) returning 4.8% and 3.9% respectively. The Australian ETF market saw inflows of $118m into and outflows of $44m from domestically domiciled funds last week. The largest inflows were into domestic equity and cash ETFs (MVW and AAA) and fixed income ETF (RCB). The largest outflows were from BetaShares Australia 200 ETF (A200). ...
Want the latest insights delivered to your inbox?