ETF Monitors


Weekly ETF Monitor for week ending 13 October 2017


The S&P/ASX 200 advanced strongly last week, adding 1.8%. Eurozone industrial production continued to exceed expectations, pushing the EURO STOXX 50 marginally higher despite some uncertainty from the Catalonian independence claim. The S&P 500 gained 0.2%, while the Nikkei 225 added 2.2% ahead of this week's election.

The US dollar pulled back against most major currencies last week after the Fed Reserve's September minutes showed some divided opinions on monetary policy over the coming months. The Australian dollar climbed 1.8% to end the week at US 78.87c. The euro added by 0.8% and the Japanese yen gained 0.7%.

Commodities also performed strongly last week with WTI crude up 4.4% and all four precious metals advancing. Palladium was the big mover gaining 7.4% for the week. BetaShares Crude Oil ETF (OOO) and ETFS Physical Palladium (ETPMPD) were the two best performing ETFs last week.

The Australian ETF market saw inflows of A$147m and outflows of A$38m from domestically domiciled ETFs last week. The largest inflows were into SPDR S&P/ASX 200 Fund (STW), a range of cash and fixed income funds (AAA, QPON, FLOT, PLUS, IHHY and IHCB) and ETFS Physical Gold (GOLD).