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.
iShares S&P/ASX 200 ETF (IOZ) saw the biggest domestic inflow of the week at $112m following dip-buying from investors and was the most traded ETF of the week.
ETF Securities offers a range of products for different investor outlooks. Ranging from value-focused ETFs such as ZYAU and ZYUS, to more growth-focused such as TECH or ROBO, to our commodity range that can provide inflation hedging and off risk exposures.