ETF Monitors

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Weekly ETF Monitor for week ending 26 April 2019

This week's highlights

  • Equity markets rose last week on strong U.S. corporate earnings, particularly across technology, communication and consumer sectors. BetaShares Global Cybersecurity ETF (HACK) was the top performing fund for the week and ETFS Morningstar Global Technology ETF (TECH) was also amongst the top performers. Healthcare and biotechnology funds (IXJ, CURE and DRUG) also performed well. China ETFs (CNEW and CETF) declined as economic stimulus expectations receded.

  • Precious metals all rose last week, with ETFS Physical Palladium ETF (ETPMPD) up 4.2%, while the broader commodity universe (QCB) fell. The US dollar rose amongst most majors, including a 1.5% gain against the Aussie.

  • Total flows into domestically domiciled ETFs were $108m for the week, while outflows totalled $93m. The biggest inflows were into Australian fixed-income funds including BOND, IAF and AAA. Despite inflows into IOZ, S&P/ASX 200 (and similar) funds saw net outflows of close to $40m.

  • STW and BOND were the most traded funds last week.

  • ETFS Morningstar Global Technology ETF (TECH) has posted a strong 26.9% total return since the start of 2019, and is now close to 10% above its previous highs in September 2018.