ETF Monitors

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Weekly ETF Monitor for week ending 18 February 2022

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This week's highlights

  • Russia-Ukraine tensions continued to dominate market sentiment last week with most major equity markets ending the week lower. The top equity performers across the ETF market were gold mining funds (GDX and MNRS) and Australian property funds (MVA and SLF). Tech and related thematics dominated the biggest decliners for the week. Cloud computing (CLDD) and crypto-related funds (DIGA and CRYP) were the biggest movers, followed by esports (GAME), biotech (CURE) and fintech (FTEC) funds.

  • Precious metals benefited from risk-off sentiment last week, as well as supply-side concerns linked to Russian mines. ETFS Physical Platinum (ETPMPT) was the overall top-performing ETP for the week, returning 6.6%. Palladium fund ETPMPD returned 6.1%, while gold (GOLD), silver (ETPMAG) and precious metals basket (ETPMPM) funds were all amongst the top performers for the week.

  • Total reported flows into domestically domiciled ETFs were $312m, while outflows totalled $120m. The largest inflows for the week were into the global quality factor fund, followed by ASX 200 tracker IOZ. Global energy ETF (FUEL) saw the largest outflows for the week.

  • VAS was the most traded fund for the week, followed by IOZ. Energy fund FUEL and gold fund GOLD saw above average volumes.

  • ETFS Physical Platinum (ETPMPT) returned 6.6% for the week. ETPMPT offers investors exposure to the price of physical platinum by holding fully-allocated metal in trust for investors. Russia is the world’s second-largest producer of platinum, providing more than 10% of total production. Both outright conflict with Ukraine or tougher sanctions on Russia could have a significant impact on the global supply of platinum.