ETFs

Summary:

Australia 

In August 2025, the Australian ETF industry continued its strong momentum, nearing the $300 billion mark in assets under management (AUM), reaching $299.4 billion—a monthly increase of $10.2 billion or 3.52%. Over the past 12 months, the industry has grown by 36%, adding $79.2 billion in AUM. Monthly net inflows totalled $4.9 billion, the second-highest on record, though slightly below July’s $5.8 billion. ASX trading activity remained elevated at approximately $15 billion.  

Product innovation resumed with six new ETFs launched, including the High Yield Australian Shares Fund (ASX: HYLD), Emerging Markets Equity Fund (ASX: BEMG), and Global Bond Fund (ASX: WBND). International equity ETFs led inflows with $2.4 billion, followed by fixed income ($1.2 billion) and Australian equities ($823 million). Within sub-categories, developed market international equities and Australian bonds were top contributors. 

Global gold miner ETFs, particularly the Betashares Global Gold Miners – Currency Hedged ETF (ASX: MNRS), were standout performers for the month. Notably, there were no broad category outflows, though some sub-categories such as geared Australian equities and sustainability-themed international equities saw modest redemptions. 

The narrowing of bond spreads and easing long-term yields reflect cautious investor sentiment amid stable short-term rates. The ETF market’s resilience and diversification—across asset classes, geographies, and strategies—continue to attract investors seeking cost-effective exposure and tactical positioning. 

Overall, August 2025 highlighted robust investor demand, product expansion, and strong performance in select thematic and international segments. The industry’s trajectory suggests continued growth, supported by innovation, macroeconomic tailwinds, and evolving investor preferences 

USA 

Last week, global ETFs saw net inflows of $21.4 billion, representing 0.17% of total assets under management (AUM) of $12.28 trillion. US equity ETFs led inflows with $7.28 billion (0.10% of AUM), followed by US fixed income ETFs at $5.42 billion (0.30%). International equity ETFs also recorded strong inflows of $4.28 billion (0.22%), while international fixed income ETFs attracted $1.85 billion (0.57%). Commodity ETFs saw notable demand with $2.58 billion inflows (1.05% of AUM), reflecting continued investor interest in raw materials. Alternative and inverse ETFs gained $189 million (1.63%) and $241 million (1.69%) respectively. Conversely, leveraged ETFs experienced outflows of $408 million (-0.29%), and currency ETFs had modest outflows of $74 million (-0.04%). Overall, the week showed a preference for equities, fixed income, and commodities, while riskier or leveraged strategies saw slight reductions in holdings. 

ETFs Weekly Summary

Name	CODE	Closing Price	∆ Week Price ($)	1 Mth Return (%)	1 Yr Return (%)	Running Yield(%)	Market Cap (in Mill.)
BetaShares Australian High Interest Cash ETF	AAA.AXW	50.16	0.04	0.34	4.27	4.25	4274.91
BetaShares Australian Government Bond ETF	AGVT.AXW	42.53	0.3	0.36	2.68	3.58	1053.51
BetaShares Australian Major Bank Hybrids Index ETF	BHYB.AXW	9.9	0	0.18	3.98	6.45	604.96
iShares Core Cash ETF	BILL.AXW	100.55	0.06	0.3	4.29	4.15	974.66
SPDR S&P/ASX Australian Bond Fund ETF	BOND.AXW	26.08	0.11	0.31	3.27	1.67	43.33
BetaShares Legg Mason Australian Bond Fund	BNDS.AXW	23.98	0.1	0.19	3.85	3.9	862.86
BetaShares Australian Investment Grade Corporate Bond ETF	CRED.AXW	23.86	0.14	0.94	6.67	4.7	1472.83
Daintree Hybrid Opportunities ETF	DHOF.AXW	9.74	-0.01	0.41	4.67	3.6	51.12
Elstree Hybrid Fund ETF	EHF1.CXA	5.16	-0.04	0	0	5.73	41.06
Daintree Core Income Fund ETF	DCOR.AXW	51.5	0	0.55	0	1	56.01
VanEck Vectors Australian Floating Rate ETF	FLOT.AXW	24.97	0.04	0.36	5.18	4.85	847.16
BetaShares Sustainability Leaders Diversified Bond Hedged ETF	GBND.AXW	20.82	0.11	0.29	1.47	2.98	226.41
BetaShares Global Government Bond 20+ Year ETF – Currency Hedged	GGOV.AXW	13.57	0.4	3.43	-7.8	2.98	164.93
Janus Henderson Sustainable Credit Active ETF	GOOD.AXW	51.3	0.12	0.33	1.22	4.68	2.58
SPDR S&P/ASX Australian Government Bond Fund ETF	GOVT.AXW	24.85	0.12	0.2	2.96	2.51	66.54
BetaShares Active Australian Hybrids Fund ETF	HBRD.AXW	10.15	0.03	0.6	5.39	6.17	2512.80
BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF	HCRD.AXW	25.57	0.03	0.93	7.74	4.67	72.34
iShares Core Composite Bond ETF	IAF.AXW	104.08	0.44	0.29	3.53	2.87	3312.82
iShares Treasury ETF	IGB.AXW	99.66	0.42	0.26	2.72	2.98	436.50
iShares Global High Yield Bond ETF	IHHY.AXW	96.02	0.46	0.82	7.84	5.84	317.21
iShares Core Global Corporate Bond ETF	IHCB.AXW	94.11	0.57	1.16	3.63	5.26	291.30
iShares J.P. Morgan USD Emerging Markets Bond ETF	IHEB.AXW	78.42	1	2.07	7.89	6.42	112.44
iShares Government Inflation ETF	ILB.AXW	127.55	1.03	0.77	1.38	1.6	962.36
iShares Enhanced Cash ETF	ISEC.AXW	100.58	0.05	0.35	4.45	4.36	331.77
Betashares Australian Composite Bond ETF	OZBD.AXW	45.39	0.26	0.4	4.15	3.81	878.04
VanEck Vectors Australian Corporate Bond Plus ETF	PLUS.AXW	17.36	0.06	0.52	6.15	3.97	408.35
BetaShares Australian Bank Senior Floating Rate Bond ETF	QPON.AXW	26.14	0.04	0.68	5.65	4.71	1691.04
Russell Australian Select Corporate Bond ETF	RCB.AXW	20.46	0.03	0.34	4.81	4.28	320.34
Russell Australian Government Bond ETF	RGB.AXW	19.51	0.12	0.36	2.21	2.01	255.34
Russell Australian Semi-Government Bond ETF	RSM.AXW	21.01	0.03	-0.1	3.92	0.75	59.19
VanEck Vectors Australian Subordinated Debt ETF	SUBD.AXW	25.22	0.03	0.6	6.16	5.73	2795.53
VanEck 1-3 Month US Treasury Bond ETF	TBIL.AXW	50.29	-0.95	-2.02	5.25	4.36	140.53
US Treasury Bond 7-10 Year Currency Hedged ETF	US10.AXW	52.17	0.48	2.05	1.04	2.95	28.21
Betashares Inflation Protected US Treasury Bond (Hedged) ETF	UTIP.AXW	26.3	0.13	1.43	3.34	2.94	190.96
Vanguard Australian Corporate Fixed Interest ETF	VACF.AXW	52.4	0.24	0.61	5.33	3.67	730.39
Vanguard Australian Fixed Interest Index ETF	VAF.AXW	46.64	0.2	0.17	3.46	2.96	2965.66
Vanguard Global Aggregate Fixed Interest Index Hedged ETF	VBND.AXW	42.64	0.27	0.95	1.94	2.48	3675.39
Vanguard International Credit Securities Index ETF	VCF.AXW	39.53	0.19	1.18	3.12	3.03	181.13
Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF	VEFI.AXW	43.14	0.27	1.17	1.88	2.9	78.71
Vanguard Australian Government Bond Index ETF	VGB.AXW	47.36	0.26	0.32	3.23	2.85	1222.30
Vanguard International Fixed Interest Index ETF	VIF.AXW	39.09	0.17	0.54	0.62	2	942.35
ActiveX Ardea Real Outcome Bond Fund ETF	XARO.AXW	24.57	0.02	0.2	5.15	1.45	178.33

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