ETF Monitors

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Weekly ETF Monitor for week ending 6 August 2021

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This week's highlights

  • Aussie tech fund ATEC was the top performing ETF across the market last week, returning 8.9% on news of the Afterpay takeover deal. Financial sector funds (BNKS, OZF and QFN) also performed strongly on higher rate expectations. Biotech fund CURE returned 3.0% as global vaccine roll-outs accelerated and India fund NDIA was also amongst the week’s top performers. Gold mining and resources sector funds were the week’s poorest performers across the unleveraged equity segment.

  • Precious metals declined last week, with GOLD falling 3.5% and platinum (ETPMPT) down 4.6%. Oil fund OOO was the week’s overall biggest decliner, dropping 7.7%.

  • Total reported flows into domestically domiciled ETFs were $299m, while outflows totalled $248m. Actively managed equity income fund INIF saw the biggest inflows for the week, followed by S&P 500 fund IVV. Australian equity funds A200 and IOZ saw the largest outflows for the week.

  • IOZ was the most traded fund for the week, followed by A200 and IVV. WVOL saw above-average volumes.

  • ETFS-NAM India Nifty 50 ETF (NDIA) returned 2.9% for the week. NDIA aims to track movements in India’s premier benchmark the NSE Nifty50 Index and provides investors with exposure to the growth potential of a rebounding Indian economy.