14 July -18 July 2025

Summary:

Investors allocated an estimated $14.8 billion into Australian-listed ETFs for the week ending July 18, 2025, as the ASX 200 rose 1.37% and bond yields stabilized, reflecting cautious optimism amid the RBA’s steady cash rate and tariff discussions. Year-to-date inflows have reached approximately $290 billion, marking 2025 as a robust year for ETF adoption, though growth is tapering compared to earlier highs. 

Leading the inflows was the BetaShares Australian High Interest Cash ETF (AAA.AXW), attracting $2.3 billion despite a 0.03% price rise to 50.19, underscoring cash’s safe-haven appeal amid rate cut speculation. The BetaShares Australian Investment Grade Corporate Bond ETF (CRED.AXW) followed with $1.8 billion, up 0.06% to 23.55, driven by its 4.73% yield. The VanEck Vectors Australian Subordinated Debt ETF (SUBD.AXW) added $1.4 billion, gaining 0.05% to 25.16, supported by a 5.92% yield.  

On the outflows side, the BetaShares Global Government Bond 20+ Year ETF – Currency Hedged (GGOV.AXW) led with $1.1 billion in redemptions, down 0.19% to 12.79, as investors shifted from long-duration bonds. The Vanguard Australian Government Bond Index ETF (VGB.AXW) shed $0.9 billion, falling 0.14% to 46.96, while the BetaShares Australian Government Bond ETF (AGVT.AXW) lost $0.7 billion, down 0.06% to 42.23, indicating a preference for higher-yield assets. The market’s focus now shifts to the August 1 tariff deadline and upcoming US data. 

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