ETF Monitors

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Weekly ETF Monitor for week ending 28 January 2022

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This week's highlights

  • Value outperformed growth in a volatile week that saw increased rate-hike expectations and rising geopolitical tensions. iShares Global 100 ETF (IOO) was the week’s top performing equity fund, up 5.8%. Value tilted funds UMAX, FUEL, ZYUS and MOAT were also amongst the top performers. ETFS Hydrogen ETF (HGEN) dropped 6.7% followed by tech-heavy funds ATEC and DRIV and resources funds MNRS and MVR.

  • Palladium fund ETPMPD was the overall top performing fund last week, gaining 13.4% on the back of escalating Russia-Ukraine tensions. Gold (GOLD) remained steady, while silver (ETPMAG) dropped 4.8%. The Australian dollar ended the week below US 70c for the first time since mid-2020 driving YANK 5.8% higher and AUDS 6.5% lower.

  • Total reported flows into domestically domiciled ETFs were $303m, while outflows totalled $191m. The largest inflows for the week were into broad-based Australian equity fund A200, followed by bond fund IAF and gold fund GOLD. Domestic cash fund AAA saw the bulk of the outflows for the week.

  • VAS was the most traded fund for the week, followed by IOZ. Bearish funds BBOZ and BBUS saw increased volumes.

  • ETFS Physical Palladium (ETPMPD) returned 13.4% for the week. ETPMPD offers investors exposure to the price of physical palladium by holding fully-allocated metal in trust for investors. The A$ palladium price jumped to levels not seen since early September 2021, ending the week just above A$3,300 per ounce.