ETF Monitors

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Weekly ETF Monitor for week ending 25 October 2019

This week's highlights

  • Global stocks rallied last week on a temporary truce in U.S.-China trade relations. High beta equities, such as ETFS S&P Biotech ETF (CURE) and BetaShares Global Cybersecurity ETF (HACK) posted strong gains.

  • Oil rallied strongly, with OOO up 5.2% and energy company ETF (FUEL) returning 3.9% for the week.

  • Precious metals also posted strong gains across the board. ETFS Physical Gold (GOLD) gained 1.9%, while ETFS Physical Platinum (ETPMPT) was the week’s overall top performing fund, returning 5.4%.

  • Total flows into domestically domiciled ETFs were $227m, while outflows totalled $39m. AAA and QRE saw the largest inflows for the week, followed by GOLD and a mix of equity and fixed income funds. Domestic financial sector and property ETFs (QFN and MVA) saw the bulk of outflows for the week.

  • VAS was the most traded fund last week, followed by STW and AAA. QFN and QRE saw above average volumes.

  • ETFS S&P Biotech ETF (CURE) offers investors equally-weighted exposure to the U.S. biotechnology sub-sector. It captures returns from firms that focus on the research and development of innovative drugs and treatments. The performance of individual biotechnology companies can be speculative and is highly dependent on FDA approvals and M&A activity. CURE offers exposure to advances in the sector, while diversifying the single-name risk across more than 120 companies.