ETFs

Summary:

In the Australian ETF segment, the industry recorded more than $3 billion in net flows in the month of March– the ninth consecutive month that flows topped $3 billion. However, funds under management fell 2.4% in March to $249.4 billion due to declining share markets and more than offsetting the inflows.

Forget the FUM figure – markets go up and down. The Inflow figure is testament to secular change. Active equities are proven underperformers versus the market, in contrast to active bond strategies. You can list the number of consistent active equities outperformers in Australia on one hand, and I’m not exaggerating. Games up and no wonder several managers are buying into private debt capabilities

ETFs Weekly Summary

Name	CODE	Closing Price	Æ Week Price ($)	1 Mth Return (%)	1 Yr Return (%)	Running Yield(%)	Market Cap (in Mill.)
BetaShares Australian High Interest Cash ETF	AAA.AXW	50.21	0.06	0.40	4.54	4.44	4320.56
BetaShares Australian Government Bond ETF	AGVT.AXW	42.17	0.41	1.81	5.87	3.52	889.70
BetaShares Australian Major Bank Hybrids Index ETF	BHYB.AXW	9.84	0.1	0.02	3.93	6.70	564.14
iShares Core Cash ETF	BILL.AXW	100.65	0.18	0.42	4.60	4.38	743.72
SPDRÊS&P/ASX Australian Bond Fund ETF	BOND.AXW	25.6	0.07	1.42	5.49	1.53	42.51
BetaShares Legg Mason Australian Bond Fund	BNDS.AXW	23.8	0.11	1.06	5.80	3.94	830.07
BetaShares Australian Investment Grade Corporate Bond ETF	CRED.AXW	23.22	0.15	0.37	8.55	4.82	1132.43
Daintree Hybrid Opportunities ETF	DHOF.AXW	9.4	-0.02	-1.97	3.23	5.87	52.07
Elstree Hybrid Fund ETF	EHF1.CXA	5.16	-0.04			5.73	41.06
Daintree Core Income FundÊETF	DCOR.AXW	50.87	-0.26	0.16		1.00	42.11
VanEck Vectors Australian Floating Rate ETF	FLOT.AXW	24.87	0.09	0.08	4.90	5.05	758.87
BetaShares Sustainability Leaders Diversified Bond Hedged ETF	GBND.AXW	20.59	0.19	1.90	3.45	2.96	237.84
BetaShares Global Government Bond 20+ Year ETF Ð Currency Hedged	GGOV.AXW	13.21	-0.09	-1.74	1.18	2.95	222.32
Janus Henderson Sustainable Credit Active ETF	GOOD.AXW	51.07	0.39	0.77	2.80	4.78	1.54
SPDRÊS&P/ASX Australian Government Bond Fund ETF	GOVT.AXW	24.52	0.08	1.50	5.36	2.33	58.02
BetaShares Active Australian Hybrids Fund ETF	HBRD.AXW	10.08	0.03	-0.13	5.31	6.44	2353.63
BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF	HCRD.AXW	24.94	-0.01	-0.66	7.22	4.82	43.52
iShares Core Composite Bond ETF	IAF.AXW	102.69	0.56	1.42	5.50	2.84	2996.21
iShares Treasury ETF	IGB.AXW	99.15	0.07	1.54	5.07	2.45	406.48
iShares Global High Yield Bond ETF	IHHY.AXW	90.94	2.64	-0.91	7.05	6.40	258.57
iShares Core Global Corporate Bond ETF	IHCB.AXW	90.23	-0.08	-0.18	5.41	4.08	254.88
iShares J.P. Morgan USD Emerging Markets Bond ETF	IHEB.AXW	72.87	0.29	-1.40	6.12	5.14	53.46
iShares Government Inflation ETF	ILB.AXW	122.91	1.05	-0.17	-0.05	1.68	902.50
iShares Enhanced Cash ETF	ISEC.AXW	100.7	0.14	0.39	4.68	4.47	286.41
Betashares Australian Composite Bond ETF	OZBD.AXW	44.9	0.32	1.33	6.60	3.85	546.81
VanEck Vectors Australian Corporate Bond Plus ETF	PLUS.AXW	17.01	0.06	0.41	7.46	3.85	367.81
BetaShares Australian Bank Senior Floating Rate Bond ETF	QPON.AXW	25.93	0.18	0.11	5.05	5.48	1599.33
Russell Australian Select Corporate Bond ETF	RCB.AXW	20.21	0.01	0.79	6.14	3.90	289.10
Russell Australian Government Bond ETF	RGB.AXW	19.29	0.08	2.05	5.22	1.90	242.42
Russell Australian Semi-Government Bond ETF	RSM.AXW	20.83	0.08	1.61	6.33	0.00	57.01
VanEck Vectors Australian Subordinated Debt ETF	SUBD.AXW	24.93	0.09	-0.44	5.43	6.00	2411.57
VanEck 1-3 Month US Treasury Bond ETF	TBIL.AXW	52.9	-1.15	0.17	6.56	4.48	149.34
US Treasury Bond 7-10 Year Currency Hedged ETF	US10.AXW	50.81	0.08	0.61	5.82	3.22	27.47
Betashares Inflation Protected US Treasury Bond (Hedged) ETF	UTIP.AXW	25.58	-0.14	-0.32	4.66	1.91	186.23
Vanguard Australian Corporate Fixed Interest ETF	VACF.AXW	51.49	0.04	0.69	6.65	3.41	675.82
Vanguard Australian Fixed Interest Index ETF	VAF.AXW	46.22	0.22	1.38	5.70	2.71	2576.72
Vanguard Global Aggregate Fixed Interest Index Hedged ETF	VBND.AXW	41.9	0.13	0.73	4.95	2.26	2576.21
Vanguard International Credit Securities Index ETF	VCF.AXW	38.37	0.11	0.17	4.87	2.77	172.42
Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF	VEFI.AXW	42.62	0.22	0.91	5.02	2.28	74.91
Vanguard Australian Government Bond Index ETF	VGB.AXW	47.01	0.21	1.67	5.41	2.65	1087.62
Vanguard International Fixed Interest Index ETF	VIF.AXW	38.78	0.22	1.01	4.16	1.80	866.79
ActiveX Ardea Real Outcome Bond Fund ETF	XARO.AXW	24.01	-0.09	0.38	2.32	1.49	219.48

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