ETF Monitors

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Weekly ETF Monitor for week ending 2 July 2021

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This week's highlights

  • Tech-related funds posted strong gains last week with LNAS, NDQ and FANG all amongst the top performing funds for the week. Clean energy (CLNE), healthcare (HLTH) and the S&P 500 (IVV) also performed strongly last week. China-related funds underperformed, with CETF, IZZ and ASIA all amongst the week’s poorest performers alongside Australian tech fund ATEC. Global banks (BNKS) and energy companies (FUEL) also underperformed.

  • Precious metals rose across the board. Palladium fund ETPMPD was the overall top performing fund for the week, returning 7.0%, while precious metals basket fund ETPMPM returned 3.2%. Strong dollar fund AUDS was amongst the poorest performers for the week, dropping 3.0%.

  • Total reported flows into domestically domiciled ETFs were $332m, while outflows totalled $174m. Domestic equity fund IOZ saw the week’s biggest inflows, followed by international fund IHVV and ETFS Battery Tech & Lithium ETF (ACDC). Hedged global quality fund QHAL and cash fund AAA saw the largest outflows for the week.

  • AAA was the most traded fund for the week, followed by VAS and IOZ. QUAL and VAP 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 Facebook, Apple, Netflix, Tesla and Google.