ETF Monitors

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Weekly ETF Monitor for week ending 1 October 2021

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This week's highlights

  • Short Nasdaq 100 fund SNAS was the week’s overall top performing fund, followed by short Australian equities fund BBOZ and short US fund BBUS. Energy companies ETF FUEL was the best performing unleveraged fund on the back of rising oil prices, followed by China fund CETF and global banks fund BNKS. Tech-heavy funds underperformed for the week, with RBTZ, SEMI, ROBO and ATEC all falling by more the 5% last week.

  • Precious metals were relatively stable for the week. Gold (GOLD) posted a small gain, while and silver (ETPMAG) declined by 2.7%. Oil fund OOO returned 2.5%.

  • Total reported flows into domestically domiciled ETFs were $456m, while outflows totalled just $13m. The largest inflows for the week were into cash fund AAA, with sustainability funds FAIR and ETHI also seeing significant flows. Gold mining fund MNRS saw the bulk of the week’s outflows.

  • VAS was the most traded fund for the week, followed by AAA and BBOZ. GEAR saw above average volumes.

  • ETFS Ultra Short Nasdaq 100 Hedge Fund (SNAS) returned 8.6% for the week. SNAS aims to provide an inverse exposure to the Nasdaq 100 Index with between 200% to 275% leverage. SNAS is actively managed to maintain exposure within its target range and is currency hedged to reduce the impact of movements in the AUD/USD exchange rate on returns.