ETFs

Summary: Net fund flow from bond and cash ETF sector; 5 ETF issues additional units, 5 repurchase units; unit prices generally lower; IHEB largest percentage price increase; IHCB largest percentage price decrease.

Investor interest in the Australian bond and cash ETF sector waned this week as 5 of the 37 ETFs in the sector experienced net inflows and 5 experienced net outflows, resulting in a net outflow for the sector. The sector’s market capitalisation decreased by 0.3% as the net outflow was slightly bolstered by generally lower ETF prices.

In terms of unit price changes, the iShares J.P. Morgan USD Emerging Markets Bond ETF (code: IHEB) had the largest price increase over the week (+0.73%). The iShares Core Global Corporate Bond ETF (code: IHCB) had the largest price decline over the week (-1.32%).

NAME	SYMBOL	CLOSE PRICE	WEEK CHANGE	*1M RETURNS(%)	*1Y RETURNS (%)	RUNNING YIELD (%)	FUND SIZE ($m)
BetaShares Australian High Interest Cash ETF	AAA	50.07	0.00	0.01	0.30	0.28	2,440.28
BetaShares Australian Government Bond ETF	AGVT	45.18	-0.34	-1.80	-1.56	1.44	216.23
BetaShares Australian Major Bank Hybrids Index ETF	BHYB	10.04	0.04	0.16	-	2.23	109.47
iShares Core Cash ETF	BILL	100.26	0.02	0.00	0.01	0.01	342.25
SPDR S&P/ASX Australian Bond Fund ETF	BOND	24.97	-0.14	-1.33	-1.48	1.43	43.11
Betshares Legg Mason Australian Bond Fund	BNDS	24.46	-0.18	-1.31	-1.35	1.39	186.03
Betashares Australian Investment Grade Corporate Bond ETF	CRED	23.38	-0.20	-2.34	-2.88	5.20	490.99
Daintree Hybrid Opportunities ETF	DHOF	9.54	-0.06	-0.91	1.27	0.73	13.22
Elstree Hybrid Fund	EHF1	5.1	0.00	0.20	5.50	2.78	18.77
eInvest Core Income Fund	ECOR	49.47	-0.12	-0.38	0.10	1.27	18.65
VanEck Vectors Australian Floating Rate ETF	FLOT	24.82	0.02	-0.02	0.05	0.87	352.04
Betashares Sustainability Leaders Diversified Bond Hedged ETF	GBND	22.96	-0.08	-1.81	-3.50	2.48	175.20
BetaShares Global Government Bond 20+ Year ETF – Currency Hedged	GGOV	20.33	0.03	-2.88	-3.17	3.01	3.26
SPDR S&P/ASX Australian Government Bond Fund ETF	GOVT	24.76	-0.20	-1.41	-1.26	1.56	27.53
BetaShares Active Australian Hybrids Fund ETF	HBRD	10.23	0.03	0.13	2.41	2.46	1,686.36
iShares Core Composite Bond ETF	IAF	103.90	-0.51	-1.23	-1.24	1.72	1,684.46
iShares Treasury ETF	IGB	101.10	-0.60	-1.34	-0.77	1.25	85.93
iShares Global High Yield Bond ETF	IHHY	97.24	-0.61	-1.26	-0.86	3.06	164.63
iShares Core Global Corporate Bond ETF	IHCB	101.25	-1.35	-2.26	-3.34	3.19	244.40
iShares J.P. Morgan USD Emerging Markets Bond ETF	IHEB	88.10	0.64	-6.65	-8.01	3.55	65.29
iShares Government Inflation ETF	ILB	125.00	-0.65	-1.19	4.08	0.62	382.64
iShares Enhanced Cash ETF	ISEC	100.45	-0.02	0.00	0.07	0.11	353.21
Betashares Australian Composite Bond ETF	OZBD	46.69	-0.56	0.00	-	0.42	5.60
VanEck Vectors Australian Corporate Bond Plus ETF	PLUS	16.79	-0.15	-1.62	-2.80	2.38	212.04
BetaShares Australian Bank Senior Floating Rate Bond ETF	QPON	25.60	-0.03	-0.05	-0.12	0.88	643.91
Russell Australian Select Corporate Bond ETF	RCB	19.50	-0.04	-0.38	-1.85	1.42	277.27
Russell Australian Government Bond ETF	RGB	19.79	-0.20	-1.71	-1.61	3.31	73.32
Russell Australian Semi-Government Bond ETF	RSM	19.19	-0.11	-0.93	-3.35	2.52	55.98
VanEck Vectors Australian Subordinated Debt ETF	SUBD	24.86	0.00	-0.24	0.99	1.93	272.50
Vanguard Australian Corporate Fixed Interest ETF	VACF	49.16	-0.36	-1.03	-2.00	1.73	635.97
Vanguard Australian Fixed Interest Index ETF	VAF	46.02	-0.40	-1.21	-1.27	2.48	1,290.45
Vanguard Global Aggregate Fixed Interest Index Hedged ETF	VBND	45.05	-0.17	-1.47	-2.84	1.56	460.27
Vanguard International Credit Securities Index ETF	VCF	41.47	-0.12	-2.08	-3.45	2.81	200.07
Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF	VEFI	45.94	-0.30	-1.40	-2.83	1.43	85.56
Vanguard Australian Government Bond Index ETF	VGB	47.18	-0.43	-1.27	-1.15	1.36	509.92
Vanguard International Fixed Interest Index ETF	VIF	41.80	-0.20	-1.04	-2.22	1.14	633.75
ActiveX Ardea Real Outcome Bond Fund ETF	XARO	25.03	-0.03	-0.97	-2.07	1.77	900.26

^{*1 month/1 year performance as at end of Feb 2021. Closing price as at end of week. Returns in AUD before fees}