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 Russia-Ukraine tensions continued to dominate market sentiment last week with most major equity markets ending the week lower. The top equity performers across the ETF market were gold mining funds (GDX and MNRS) and Australian property funds (MVA and SLF). Tech and related thematics dominated the biggest decliners for the week. Cloud computing (CLDD) and crypto-related funds (DIGA and CRYP) were the biggest movers, followed by esports (GAME), biotech (CURE) and fintech (FTEC) funds. Precious metals benefited from risk-off sentiment last week, as well as supply-side concerns linked to Russian mines. ETFS Physical Platinum (ETPMPT) was the overall top-performing ETP for the week, returning 6.6%. Palladium fund ETPMPD returned 6.1%, while gold (GOLD), silver (ETPMAG) and precious metals basket (ETPMPM) funds were all amongst the top performers for the week. Total reported flows into domestically domiciled ETFs were $312m, while outflows totalled $120m. The largest inflows for the week were into the global quality factor fund, followed by ASX 200 tracker IOZ. Global energy ETF (FUEL) saw the largest outflows for the week. VAS was the most traded fund for the week, followed by IOZ. Energy fund FUEL and gold fund GOLD saw above average volumes. ...
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This week's highlights Equity markets experienced another volatile week with increasing inflation and potential rate rises dominating the narrative. Geopolitical tensions mounted between Russia and Ukraine however earnings season continued with a high percentage of companies surpassing expectations on sales and earnings growth. Digital asset-focused ETFs were amongst the top performers during the week, including BetaShares Crypto Innovators ETF (CRYP) and Cosmos Global Digital Miners ETF (DIGA). Crypto-associated companies benefitted from a rebound in digital asset prices such as Bakkt Holdings, a digital asset marketplace that was up 65% for the week (yet still down 80% off its October 2021 highs). ETFS S&P Biotech ETF (CURE) gained 5% for the week after its disappointing performance recently. The sector may be attractive for investors that are willing to allocate to out-of-favor companies that are cheap on a relative earnings basis. Precious metals had mixed performance with Gold (GOLD) up during the week from investors wanting inflationary hedging, however, Palladium (ETPMPD) gave back some of its impressive YTD returns. ...