ETF Monitors

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Weekly ETF Monitor for week ending 17 September 2021

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This week's highlights

  • Markets retreated last week on the back of fears from China’s Evergrande Group and free fall in iron ore prices. This caused an increased demand for the US Dollar and it strengthened against the G8. The best performers for the week were BetaShares Crude Oil Index ETF - Ccy Hedged (OOO) up 3.4% and BetaShares Strong US Dollar Hedge Fund (YANK) up 2.7%. The worst performers were ETFS Physical Palladium (ETPMPD) down 6.7% and SPDR S&P/ASX 200 Resources Fund (OZR) down 3.4%.

  • Net flows for the week were negative, bucking a long-standing trend. This consisted of A$307m of inflows and outflows totalled A$380m. The largest outflows were seen in iShares S&P/ASX 200 ETF (IOZ) which had A$300m redeemed. The biggest inflows were in BetaShares Australian High Interest Cash ETF (AAA) which had A$22m of inflows.

  • ETFS-NAM India Nifty 50 ETF (NDIA) is up 29.3% YTD. NDIA aims to provide investors with a return that, before fees and expenses, tracks the performance of the NSE Nifty50 Index. NDIA uses a full-replication strategy to track the index, meaning that it holds all of the shares that make up the index closely in proportion to their index weights. The NSE Nifty50 Index is weighted by market capitalisation and represents 50 of the largest and most liquid blue-chip companies listed on the National Stock Exchange of India (NSE).