ETFs

Summary: Net fund flow from bond and cash ETF sector; 1 ETF issues additional units, 1 ETF repurchases units; unit prices generally lower; SUBD largest percentage price rise; GGOV largest percentage price fall.

Investor interest in the Australian bond and cash ETF sector waned ever so slightly this week. One of the 38 ETFs in the sector experienced a net inflow and one experienced a net outflow. The sector’s market capitalisation decreased by 1.0% as the small net decrease in units on issue was exacerbated by generally lower prices.

In terms of unit price changes, the VanEck Vectors Australian Subordinated Debt ETF (code: SUBD) had the largest price increase over the week (+0.37%). The BetaShares Global Government Bond 20+ Year ETF (code: GGOV) had the largest price fall over the same period (-3.73%).

ASX CASH & BOND ETFs

NAME	SYMBOL	CLOSE PRICE	WEEK CHANGE	*1M RETURNS(%)	*1Y RETURNS (%)	RUNNING YIELD (%)	FUND SIZE ($m)
BetaShares Australian High Interest Cash ETF	AAA.AXW	50.12	0.04	0.23	0.94	1.65	2695.42
BetaShares Australian Government Bond ETF	AGVT.AXW	42.11	-1.12	0.90	-11.74	2.62	414.79
BetaShares Australian Major Bank Hybrids Index ETF	BHYB.AXW	9.94	-0.04	-0.98	-0.44	3.35	235.81
iShares Core Cash ETF	BILL.AXW	100.37	-0.24	0.26	0.75	1.20	508.39
SPDR S&P/ASX Australian Bond Fund ETF	BOND.AXW	24.15	-0.42	0.90	-8.54	0.71	38.59
BetaShares Legg Mason Australian Bond Fund	BNDS.AXW	23.55	-0.41	0.76	-8.31	1.84	266.29
BetaShares Australian Investment Grade Corporate Bond ETF	CRED.AXW	22.31	-0.36	0.19	-13.07	3.88	487.47
Daintree Hybrid Opportunities ETF	DHOF.AXW	9.23	-0.02	-0.91	-5.93	1.95	18.08
Elstree Hybrid Fund ETF	EHF1.CXA	5.13	-0.02	1.74	0.80	3.49	24.28
eInvest Core Income Fund  ETF	ECOR.CXA	47.96	0.10	-0.41	-3.06	3.80	18.81
VanEck Vectors Australian Floating Rate ETF	FLOT.AXW	24.84	0.08	0.14	0.30	2.03	487.53
BetaShares Sustainability Leaders Diversified Bond Hedged ETF	GBND.AXW	20.67	-0.36	0.11	-14.17	2.80	195.22
BetaShares Global Government Bond 20+ Year ETF – Currency Hedged	GGOV.AXW	15.99	-0.62	-6.40	n/a	1.88	81.88
SPDR S&P/ASX Australian Government Bond Fund ETF	GOVT.AXW	23.71	-0.46	0.98	-9.07	1.00	28.73
BetaShares Active Australian Hybrids Fund ETF	HBRD.AXW	10.11	-0.03	-0.90	-0.08	3.42	1979.06
BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF	HCRD.AXW	23.33	0.03			0.82	3.73
iShares Core Composite Bond ETF	IAF.AXW	100.27	-1.71	0.91	-7.40	1.33	1752.22
iShares Treasury ETF	IGB.AXW	97.90	-1.73	1.20	-7.26	0.81	457.41
iShares Global High Yield Bond ETF	IHHY.AXW	91.72	-1.49	2.27	-11.55	3.61	139.91
iShares Core Global Corporate Bond ETF	IHCB.AXW	92.76	-1.79	-1.07	-18.31	2.13	291.79
iShares J.P. Morgan USD Emerging Markets Bond ETF	IHEB.AXW	75.68	-2.28	-0.17	-26.44	5.86	45.54
iShares Government Inflation ETF	ILB.AXW	122.45	-3.55	4.06	-6.27	0.82	534.12
iShares Enhanced Cash ETF	ISEC.AXW	100.48	-0.25	0.24	0.75	1.34	253.00
Betashares Australian Composite Bond ETF	OZBD.AXW	44.19	-0.83	0.71	n/a	3.22	190.91
VanEck Vectors Australian Corporate Bond Plus ETF	PLUS.AXW	16.20	-0.23	0.48	-9.25	3.21	270.82
BetaShares Australian Bank Senior Floating Rate Bond ETF	QPON.AXW	25.74	0.05	-0.08	-0.10	2.22	744.43
Russell Australian Select Corporate Bond ETF	RCB.AXW	19.49	-0.17	-0.05	-4.31	0.27	275.68
Russell Australian Government Bond ETF	RGB.AXW	18.92	-0.48	1.51	-14.77	1.66	94.71
Russell Australian Semi-Government Bond ETF	RSM.AXW	18.97	-0.33	0.66	-9.68	0.00	46.99
VanEck Vectors Australian Subordinated Debt ETF	SUBD.AXW	24.74	0.09	-0.07	-0.63	3.03	429.62
Vanguard Australian Corporate Fixed Interest ETF	VACF.AXW	48.93	-0.49	0.38	-6.46	0.71	575.88
Vanguard Australian Fixed Interest Index ETF	VAF.AXW	44.84	-0.69	0.92	-7.36	0.78	1529.32
Vanguard Global Aggregate Fixed Interest Index Hedged ETF	VBND.AXW	41.45	-0.63	-0.56	-14.84	1.53	648.64
Vanguard International Credit Securities Index ETF	VCF.AXW	37.96	-0.55	-0.53	-16.75	2.32	173.00
Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF	VEFI.AXW	42.31	-0.64	-0.53	-14.46	1.32	66.77
Vanguard Australian Government Bond Index ETF	VGB.AXW	46.06	-0.85	1.01	-7.68	0.22	828.38
Vanguard International Fixed Interest Index ETF	VIF.AXW	38.40	-0.52	-0.24	-12.44	1.62	714.45
ActiveX Ardea Real Outcome Bond Fund ETF	XARO.AXW	23.38	-0.09	1.23	2.87	7.45	786.67

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