ETF Monitors

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Weekly ETF Monitor for week ending 13 November 2020

This week's highlights

  • Equity markets mostly rallied last week on positive vaccine news. Sector rotation continued as cyclical sectors outperformed. Global energy companies fund FUEL and global banks fund BNKS were the week’s top performers, followed by global value fund VVLU and high yield/low volatility U.S. equity fund ZYUS. Global property funds DJRE and REIT were also amongst the week’s top performers. Gold mining funds MNRS and GDX were the week’s poorest performers, while tech-heavy funds ESPO and FANG also ended the week lower.

  • Precious metals declined last week with silver (ETPMAG) and palladium (ETPMPD) leading the way lower. Oil fund OOO returned 7.9% for the week.

  • Total reported flows into domestically domiciled ETFs were $455m, while outflows totalled $296m. Nasdaq-100 fund NDQ saw the biggest inflows for the week, along with other technology heavy funds ASIA and FANG. Bond fund IAF and global international equity funds IEM, IHVV and IVV also saw strong flows. Domestic equity fund IOZ and cash fund AAA saw the week’s largest outflows.

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

  • ETFS S&P 500 High Yield Low Volatility ETF (ZYUS) offers investors exposure to a selection of 50 stocks from the S&P 500 chosen on the basis of dividend yield and volatility. ZYUS’s portfolio has a weighted average dividend yield of 5.2% compared to 1.7% for the S&P 500 and is weighted towards defensive sectors such as utilities and real estate.