ETF Monitors

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Weekly ETF Monitor for week ending 22 July 2022

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This week's highlights

  • Crypto markets rebounded strongly last week, with the top performing ETFs all being direct crypto or crypto-related funds. ETFS 21Shares Ethereum ETF (EETH) was last week’s overall top performing ETF, returning 28.3% for the week. Sister fund ETFS 21Shares Bitcoin ETF (EBTC) returned 10.4%.

  • Technology stocks also bounced last week on stronger than expected earnings outlooks. Cloud computing fund CLDD added 8.5%, while domestic tech fund ATEC also had a strong week. Healthcare (CURE and IXJ), China (CNEW and CETF) and gold miners (GDX) were the poorest performing long-only segments for the week.

  • Precious metals had a relatively quiet week, with palladium (ETPMPD) regaining some ground following a big drop the previous week. Other metals were all slightly lower for the week.

  • Total reported flows into domestically domiciled ETFs were $329m, while outflows totalled $37m. The largest inflows for the week were into ASX benchmark tracker IOZ and ESG fund IESG. Dividend yield fund RDS saw the largest outflows for the week.

  • VAS was the most traded fund for the week, followed by IOZ. Australian property fund VAP saw significantly above average volumes.