ETF Monitors

Weekly ETF Monitor for week ending 20 November 2020

This week's highlights

Australian bank ETFs were the top performers across the market last week, with MVB, OZF an QFN all returning in excess of 6% for the week. ETFS Battery Tech & Lithium ETF (ACDC) continued its strong run in recent months, while global energy fund FUEL was also amongst the week’s top performers. Global gold mining funds GDX and MNRS were the week’s poorest performers, followed by healthcare funds IXJ, HLTH and DRUG.

Precious metals mostly declined last week with gold (GOLD), silver (ETPMAG) and palladium (ETPMPD) all down for the week. Platinum, however, rallied strongly, with ETPMPT amongst the top performing funds for the week – up 5.6%. Oil fund OOO also posted a strong week, returning 4.9%.

Total reported flows into domestically domiciled ETFs were $642m, while outflows totalled $71m. Domestic equity funds STW and IOZ saw the biggest inflows for the week, followed by S&P 500 fund IVV and a range of other, mostly equity, funds. Domestic cash fund AAA saw the week’s largest outflows.

STW was the most traded fund for the week, followed by AAA and IOZ. Property fund SLF saw above average volumes.

ETFS Battery Tech & Lithium ETF (ACDC) offers investors exposure to global companies developing electro-chemical storage technology and mining companies producing battery-grade lithium. ACDC has returned 48.4% year-to-date and 51.1% over the past 12-months, significantly outperforming broader equity markets on the back of growing investment in the renewable energy segment.