ETF Monitors

Weekly ETF Monitor for week ending 21 May 2021

This week's highlights

  • Thematic funds focused on clean energy (CLNE and ERTH), video gaming (ESPO) and technology (ASIA and ATEC) provided the bulk of the top performing ETFs last week. Indian equities (NDIA and IIND) also posted a strong week, as did global gold mining stocks (GDX and MNRS). The domestic resources sector (QRE, OZR and MVR), global energy (FUEL) and domestic yield strategies (SYI and SWTZ) were the week’s poorest performers across the equity segment.

  • In the commodity world, silver (ETPMAG) and gold (GOLD) both posted strong weekly returns, while platinum (ETPMPT) lagged. Oil fund OOO was the poorest performing fund for the week, dropping 2.7%.

  • Total reported flows into domestically domiciled ETFs were $286m, while outflows totalled $94m. Broad based equity funds A200, IOZ and IVV saw the week’s biggest inflows, followed by gold miners fund GDX. Cash fund AAA and hedge gold fund QAU saw the largest outflows for the week.

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

  • ETFS-NAM India Nifty 50 ETF (NDIA) returned 4.3% for the week. NDIA aims to track movements in India’s benchmark NSE Nifty50 Index and provides investors with exposure to the growth potential of a rebounding Indian economy.