ETF Monitors

Weekly ETF Monitor for week ending 23 April 2021

This week's highlights

  • Chinese equities outperformed last week, with CETF and CNEW being the two top performing equity funds for the week. Clean energy (CLNE) and climate solutions (ERTH) funds were strong performers as world leaders spoke at Biden’s climate summit. Biotech (CURE) and healthcare (IXJ) stocks were also amongst the top performers. India funds were amongst the biggest decliners as the COVID-19 situation escalated, with both IIND and NDIA down more than 2.5%.

  • Precious metals all posted positive returns for the week. Palladium fund ETPMPD continued its recent rally and was the overall top performing product for the week. Platinum fund ETPMPT also had a strong week. Oil fund OOO was amongst the biggest decliners.

  • Total reported flows into domestically domiciled ETFs were $367m, while outflows totalled $55m. Domestic cash fund AAA saw the week’s biggest inflows, followed by broad equity funds A200 and F100. Equity fund IOZ saw the largest outflows for the week.

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

  • ETFS S&P Biotech ETF (CURE) returned 2.2% for the week. CURE offers investors exposure to U.S. biotechnology companies. These companies are engaged in the research, development, manufacturing and/or marketing of products based on genetic analysis and genetic engineering.