ETF Monitors

Weekly ETF Monitor for week ending 16 April 2021

This week's highlights

  • In a week that saw the S&P 500 push to new highs and the S&P/ASX 200 near its pre-pandemic peak, the top performing equity funds were Australian technology fund ATEC, global healthcare fund DRUG, gold miner fund MNRS and battery technology fund ACDC. China and India funds were amongst the biggest decliners, with CETF, IIND, ASIA and NDIA all dropping by 2% or more.

  • Precious metals were mixed, with palladium (ETPMPD) and silver (ETPMAG) amongst the week’s top performing funds. Gold was relatively flat, while platinum (ETPMPT) declined. Oil fund OOO was the week’s overall top performing fund, returning 6.4%.

  • Total reported flows into domestically domiciled ETFs were $302m, while outflows totalled $164m. Active bond funds BNDS and XARO saw the week’s biggest inflows, followed by broad equity funds IOZ and IVV. Cash fund AAA saw the largest outflows for the week.

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

  • ETFS Physical Palladium (ETPMPD) returned 3.1% for the week. ETPMPD offers investors exposure to supply and demand factors impacting the price of palladium, via a direct physical holding of the metal. Palladium has been the best performing precious metal so far this year, with ETPMPD returning 16.2% year-to-date.