ETF Monitors

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Weekly ETF Monitor for week ending 30 April 2021

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This week's highlights

  • The US equity market finished the week relatively flat as some technology and energy company results missed expectations. Commodities, oil and metals were also steady along with the US dollar.

  • The top performer for the week was ETFS-NAM India Nifty 50 ETF (NDIA) which was up 2.9% and BetaShares Global Banks ETF (Hedged) (BNKS) was up 2.5%. The bottom performers for the week were VanEck Vectors Global Clean Energy ETF (CLNE) which was down 6.4% and BetaShares Global Gold Miners ETF (Hedged) (MNRS) 5.4%.

  • Total flows for the week were A$278m which consisted of A$352m of inflows and A$78m of outflows. The highest inflows were in cash and broad-based equities. BetaShares Australian High Interest Cash ETF (AAA) had A$61m and iShares S&P/ASX 200 ETF (IOZ) A$56m. Most outflows were seen in VanEck Vectors MSCI Australian Sustainable Equity ETF (GRNV) of A$28m.

  • Total turnover for the week remains highest amongst the broad-based equity and cash products.

  • ETFS-NAM India Nifty 50 ETF (NDIA) offers investors exposure to the emerging Indian economy through its premier benchmark, the NSE Nifty50 Index.