ETF Monitors

Weekly ETF Monitor for week ending 18 June 2021

This week's highlights

  • Tech-related funds posted strong gains last week. Cloud computing fund CLDD was the week’s top performing equity fund, followed by FANG, ATEC, HACK and NDQ. Gold mining funds GDX and MNRS were the week’s biggest decliners, followed by other commodity-related funds including FOOD, QRE and OZR.

  • Precious metals declined across the board on the back of a quickly strengthening US dollar. Palladium (ETPMPD) led the decline, falling 5.8%. GOLD fell 3.0% as the metal ended the week below US$1,800 per ounce for the first time since April. Leveraged US dollar fund YANK was the week’s overall top performer, adding 6.2% as the AUD fell below US75c.

  • Total reported flows into domestically domiciled ETFs were $209m, while outflows totalled $273m. Domestic equity fund A200 saw the week’s biggest inflows, followed by international funds FUEL, ASIA, IVV and QUAL. Domestic equity fund IOZ saw the largest outflows for the week.

  • IOZ was the most traded fund for the week, followed by VAS and BBOZ. Hedged international equity fund VGAD saw above average volumes.

  • ETFS FANG+ ETF (FANG) aims to track movements in the NYSE FANG+ Index before fees and expenses. FANG currently holds shares in 10 mega-cap technology, consumer and communications sector leaders including Apple, Netflix, Tesla and Google.