ETF Monitors


Weekly ETF Monitor for week ending 5 February 2021


This week's highlights

  • Equity markets bounced-back last week, with high-beta plays outperforming. ETFS S&P Biotech ETF (CURE) was the top performing unleveraged fund for the week, adding 9.4%. India (NDIA), Asian technology (AISA), innovation leaders (FANG), esports (ESPO) and battery technology (ACDC) funds were all amongst the top performers. ETFS Ultra Long Nasdaq 100 Hedge Fund (LNAS) was the overall top performing fund, returning 13.0%.

  • Major precious metals declined last week, with gold (GOLD, QAU and PMGOLD) ending the week lower. Silver (ETPMAG) also ended the week down, having been more than 8% higher in Reddit-inspired trading earlier in the week. Platinum (ETPMPT) and palladium (ETPMPD) both posted modest gains, while oil fund OOO gained 8.9%.

  • Total reported flows into domestically domiciled ETFs were $318m, while outflows totalled $143m. Silver fund ETPMAG saw the week’s biggest inflows, followed by a range of equity funds including IOZ, IHVV, QUAL and NDQ. Domestic equity fund A200 saw the biggest outflows for the week.

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

  • ETFS Reliance India Nifty 50 ETF (NDIA) returned 8.8% for the week. NDIA aims to track movements in India’s benchmark the NSE Nifty50 Index and provides investors with exposure to the growth potential of India’s rebounding economy, which the IMF predicts will grow by 11% in 2021.