ETF Monitors

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Weekly ETF Monitor for week ending 3 September 2021

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This week's highlights

  • Japan funds (HJPN and IJP), Asia tech (ASIA), domestic resources ETFs (MVR, QRE and OZR) and domestic small-cap funds (VSO and ISO) led the market higher last week. Leveraged funds aside, the week’s biggest decliners included US small and mid-cap funds (IJR and IJH), China (CNEW), US dollar (USD) and global banks (BNKS).

  • Precious metals were all lower for the week. Gold (GOLD) and silver (ETPMAG) declined marginally, while palladium (ETPMPD) was amongst the poorest performers for the week.

  • Total reported flows into domestically domiciled ETFs were $496m, while outflows totalled $139m. The largest inflows and outflows for the week both involved actively managed emerging markets ETF, with EMMG seeing $70m of inflows and FEMX seeing $58m of outflows. Broad-based equity funds (IOZ, QUAL, NDQ, A200 and IVV) otherwise saw the week's largest inflows, while cash (AAA) and fixed income (IAF) funds saw the biggest outflows.

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

  • ETFS-NAM India Nifty 50 ETF (NDIA) returned 3.2% for the week and is up 25.6% year-to-date. NDIA aims to track movements in India’s benchmark NSE Nifty50 Index and provides investors with exposure to the growth potential of a rebounding Indian economy.