ETF Monitors


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

This week's highlights Most major markets advanced last week as a risk-on tone returned. The S&P/ASX 200 ended the week up 0.5%, the S&P 500 gained 1.2%, the EURO STOXX 50 gained 0.2% and the Nikkei 225 added 1.6%. Asia and emerging markets returned to favour with four ETFs (IZZ, IBK, UBP and IAA) amongst the top performers for the week. The US dollar strengthened against most major currencies last week. The Australian dollar dropped below US 78c for the first time since July. The euro declined by 0.7%, while pound sterling fell by 2.5% as Brexit concerns and political uncertainty intensified. Precious metals were mixed last week, with gold declining 0.2% despite a rally towards the end of the week. WTI crude dropped back below US$50/bbl, while iron ore stabilised following sharp declines in September. The Australian ETF market saw inflows of A$52m and outflows of A$11m from domestically domiciled ETFs last week. The largest inflows were into iShares S&P/ASX 200 ETF (IOZ) and a range of international equity funds (NDQ, ESTX, BNKS and ROBO). ...
This week's highlights The S&P/ASX 200 added 0.4% last week. VanEck Vectors Australian Resources ETF (MVR) and ETFS S&P/ASX High Yield Plus ETF (ZYAU) were the top performing domestic equity funds for the week. Following Friday's better than expected US employment figures, the S&P 500 gained 0.2%, while the Dow Jones Industrial Average gained 1.2%, topping 22,000 for the first time. The EURO STOXX 50 gained 1.1% for the week on strong GDP and inflation readings. ETFS EURO STOXX 50 ETF (ESTX) returned 2.4% in local currency terms. The Australian dollar lost ground last week dropping 0.8% against the US dollar, 0.9% against the euro and 0.7% against the yen. Gold declined 0.6%, while platinum rallied 4.1%. ETFS Physical Platinum (ETPMPT) was the top performing fund for the week. Iron ore jumped 7.8%, while WTI crude was down 0.3%, consolidating last week's big gain. The Australian ETF market saw inflows of A$433m and outflows of A$270m from domestically domiciled ETFs last week. Inflows were across a range of asset classes, while outflows were mainly from SPDR S&P/ASX 200 Fund (STW). ...