ETF Monitors

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Weekly ETF Monitor for week ending 15 February 2019

This week's highlights

  • Global stocks gained last week with energy, industrials and materials sectors outperforming as U.S./China trade talks progressed. VanEck Vectors China New Economy ETF (CNEW) and ETFS ROBO Global Robotics and Automation ETF (ROBO) were the top performing unleveraged equity funds for the week. High growth plays including RBTZ, CURE and IJR also posted strong gains. Domestic financial sector ETFs were amongst the week's worst-performers as the post-Royal Commission bounce receded; MVB, OZF and QFN all dropped more than 1.4%.

  • Commodity ETFs were mixed with OOO returning 5.4% on reports of lower global oil production. Precious metals mostly declined modestly, with the exception of palladium (ETPMPD), which continued to hit new highs on growing demand and tight supply.

  • Total flows into domestically domiciled ETFs were $54m for the week, while outflows totalled $22m. The week's largest inflows were into a mix of funds including CNEW, BBOZ, HBRD and FAIR. The largest outflows were from GEAR, IEU and IJH.

  • Trading volume was dominated by the usual suspects; STW, VAS, IVV and AAA, with above average trading seen in NDQ, BBOZ and QOZ.

  • ETFS S&P Biotech ETF (CURE) continues to be 2019’s top performing unleveraged equity fund, having gained 18.6% YTD.