ETF Monitors

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Weekly ETF Monitor for week ending 27 September 2019

This week's highlights

  • ETFS Reliance India Nifty 50 ETF (NDIA) was the top performing Australian ETF last week, returning 2.4%, as the Indian market continued to rally on the back of corporate tax cuts. IIND returned 1.9%. Global and domestic property funds (REIT, DJRE and MVA) were also amongst the week’s top performers.

  • Asian equities (CNEW, ASIA, IKO, CETF and IZZ) all posted negative returns. U.S. healthcare stocks were also hit, with ETFS S&P Biotech ETF (CURE) down 7.5%.

  • Gold declined moderately for the week, while gold mining ETFs (GDX and MNRS) posted bigger drops. ETFS Physical Palladium (ETPMPD) continued to rally. Oil pulled-back from last week’s gains, with OOO down 3.8%.

  • Total flows into domestically domiciled ETFs were $321m, while outflows totalled just $1m. Inflows were dominated by domestic equities funds (A200, STW, IOZ and QOZ). Cash and fixed income ETFs (AAA, IAF, HBRD, CRED and QPON) also saw flows.

  • STW was the most traded fund last week, followed by other broad-based domestic funds (VAS, A200, and IOZ). VHY saw above average trading volumes.