ETF Monitors


The latest flows and performance insights into the top and bottom performing Australian ETFs.

This week's highlights Riskier technology exposures – like those using gearing, or those in biotech or cloud computing – were the top performing ETFs last week. Thanks to the market lowering its expectations of interest rate rises, investors warmed to growth stocks once more. Metals-focussed funds were the laggards, as the global economic slowdown forced metal prices to give up their year of gains. Metals miners – such as gold mining and resources sector ETFs – and precious metals ETFs, made up seven of the bottom 10 performers. LNAS and SNAS saw another week as the best and worst performing funds, as they benefited and lost out respectively from the rebound in the technology sector. There was $165.5 million in reported inflows. Top 10 ETFs by inflows were all equity ETFs. This could signal that investors feel equity prices are more attractive at current levels relative to other assets. ...
This week's highlights Chinese ETFs were among the top performers again last week, with CNEW and CETF making it into the top 10. Reports suggest that ending Shanghai lockdowns, the phasing out of Beijing’s tech crackdown and loose monetary policy are among the reasons for the rally. Crypto ETFs were the bottom performers last week, with EBTC and EETH falling in the bottom 10. The collapse of the Celsius Network was the precipitate. Crude oil and energy stock ETFs continue to go back and forth between best and worst performing weekly ETFs, with OOO and FUEL falling in the bottom 10 again last week. Again, interest rates are likely to blame as hikes from major central banks could slow the global economy and cut demand for energy. There were $142 million in recorded inflows. IOZ, A200 and STW – all offering exposure to the top 200 Australian companies – accounted for 21%, or roughly $30.3 million of these. ...