ETF Monitors

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Weekly ETF Monitor for week ending 11 September 2020

This week's highlights

  • Technology stock led equity markets lower last week with LNAS, CNEW, FANG, NDQ and HNDQ all amongst the week’s poorest performers. ETFS Ultra Short Nasdaq 100 Hedge Fund (SNAS) was the top performing fund for the week, returning 9.7%, followed by other bearish funds BBUS and BBOZ. Gold mining fund MNRS was the best performing long-equity fund, while European funds HEUR and ESTX were also amongst the week’s top performers.

  • Precious metals posted a strong week, with only silver declining. Platinum fund ETPMPT was the top performing commodity fund, returning 2.4% for the week. Oil fund OOO was amongst the week’s poorest performers, alongside sterling fund POU.

  • Total reported flows into domestically domiciled ETFs were $487m, while outflows totalled $88m. Domestic equity fund IOZ saw the biggest inflows for the week followed by sustainability funds FAIR and ETHI and Nasdaq-100 fund NDQ. Cash fund AAA and bearish fund BBOZ saw the week’s largest outflows.

  • IOZ was the most traded fund for the week, followed by BBOZ and VAS.

  • ETFS EURO STOXX 50 ETF (ESTX) offers investors broad exposure to 50 of the largest companies from the eurozone, including well-known global brands such as SAP, LVMH, Siemens and L’Oreal.