This week's highlights
Top performing funds for the week ranged from palladium, to China, to infrastructure, to the US dollar. And as such, seemed to lack a core or unifying theme.
SNAS, which short sells futures and provides a way to bet against the Nasdaq 100, was the industry’s top performer as US technology companies underperformed.
Crypto ETFs or various kinds featured heavily in the bottom performers. This likely owes to the bitcoin price, which temporarily dipped below the US$20,000 psychological level last week, creating ripples throughout the industry.
The industry saw $351 million in inflows. Inflows were dominated by iShares, which took all top five spots.
There were $66 million in reported outflows, suggesting the industry saw net inflows. Geared funds provided three of the top 10 by outflows, suggesting investors may be taking stock of volatility.
Trading volumes were focussed on the usual suspects, core Aussie shares ETFs, cash, and inverse ETFs were among the most heavily traded.