ETF Monitors

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Weekly ETF Monitor for week ending 7 August 2020

This week's highlights

  • Equity markets moved higher across the board last week. Energy and resources sectors outperformed, with ETFS Battery Tech & Lithium ETF (ACDC) returning 8.0% for the week. Resources funds OZR and QRE were the top performing domestic equity funds. Korea (IKO) and US small caps (IJR) also outperformed. Bearish funds BBUS, SNAS, BBOZ and BEAR were the week’s poorest performers, along with financial sector funds MVB, QFN and OZF.

  • Precious metals accelerated upwards last week with gold breaching the US$2,000 mark for the first time. Other metals outperformed; ETFS Physical Silver (ETPMAG) returned 17.6% for the week, while ETFS Physical Platinum (ETPMPT) returned 8.1%. Diversified precious metals fund ETPMPM was also amongst the week’s top performers.

  • Total reported flows into domestically domiciled ETFs were $443m, while outflows totalled $168m. Cash fund AAA saw the biggest inflows for the week followed by MVW and QUAL. Domestic equity fund A200 and long US dollar fund USD saw the bulk of the week’s outflows.

  • AAA was the most traded fund for the week, followed by BBOZ and GOLD.

  • ETFS Battery Tech & Lithium ETF (ACDC) offers investors exposure to global companies developing electro-chemical storage technology and mining companies producing battery-grade lithium. ACDC has returned 18.1% year-to-date and 32.6% over the past 12-months, significantly outperforming broader equity markets.