ETFs

Summary:

Investors poured $22.3 billion into Australian-listed ETFs for the week ending July 4, 2025, according to the estimated data, as equities neared record highs and bond yields stabilized. Year-to-date inflows have surpassed $320 billion, positioning 2025 as a robust year for ETF demand. 

Leading the inflows was the BetaShares Australian High-Interest Cash ETF (AAA.AXW), attracting $3.1 billion despite a 0.12% price drop to 50.12, reflecting cash’s safe-haven appeal amid RBA rate cut speculation. The BetaShares Active Australian Hybrids Fund ETF (HBRD.AXW) followed with $2.8 billion, up 0.57% to 10.09, driven by hybrid yield stability. The iShares Core Composite Bond ETF (IAF.AXW) added $2.2 billion, despite a 0.89% decline to 103.58, as investors sought bond exposure. 

On the outflows side, the BetaShares Legg Mason Australian Bond Fund (BNDS.AXW) led with $1.5 billion in redemptions, down 0.1% to 23.99, as investors rotated out of fixed income. The Vanguard Australian Fixed Interest Index ETF (VAF.AXW) shed $1.2 billion, falling 0.55% to 46.42, while the SPDR S&P/ASX Australian Bond Fund ETF (BOND.AXW) lost $0.9 billion, down 0.03% to 25.9, signalling a shift toward risk assets. The market’s focus remains on the RBA’s rate outlook and Tuesday’s US reopening.

^{*Closing price as at end of week. Returns in AUD before fees}