Summary: Net fund flow to bond and cash ETF sector; 2 ETF issues additional units, 4 repurchase units; unit prices generally lower; XARO largest percentage price increase; ILB again largest percentage price decrease.
Investor interest in the Australian bond and cash ETF sector remained almost unchanged this week as 2 of the 37 ETFs in the sector experienced net inflows and 4 experienced net outflows, resulting in a modest net inflow for the sector. The sector’s market capitalisation decreased by 0.5% as the net inflow was offset by generally lower ETF prices.
In terms of unit price changes, the ActiveX Ardea Real Outcome Bond Fund ETF (code: XARO) had the largest price increase over the week (+0.40%). The iShares Government Inflation ETF (code: ILB) again had the largest price decline over the week (-1.65%).
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 | 50.07 | -0.01 | 0.01 | 0.30 | 0.30 | 2,440.28 |
| BetaShares Australian Government Bond ETF | AGVT | 45.52 | -0.74 | -1.80 | -1.56 | 1.39 | 217.86 |
| BetaShares Australian Major Bank Hybrids Index ETF | BHYB | 10.00 | 0.01 | 0.16 | - | 2.03 | 109.03 |
| iShares Core Cash ETF | BILL | 100.24 | 0.00 | 0.00 | 0.01 | 0.01 | 342.18 |
| SPDR S&P/ASX Australian Bond Fund ETF | BOND | 25.11 | -0.39 | -1.33 | -1.48 | 2.00 | 43.35 |
| Betshares Legg Mason Australian Bond Fund | BNDS | 24.64 | -0.26 | -1.31 | -1.35 | 1.37 | 187.40 |
| Betashares Australian Investment Grade Corporate Bond ETF | CRED | 23.58 | -0.32 | -2.34 | -2.88 | 5.39 | 495.40 |
| Daintree Hybrid Opportunities ETF | DHOF | 9.6 | -0.01 | -0.91 | 1.27 | 0.63 | 13.32 |
| Elstree Hybrid Fund | EHF1 | 5.1 | 0.01 | 0.20 | 5.50 | 2.35 | 18.77 |
| eInvest Core Income Fund | ECOR | 49.59 | -0.10 | -0.38 | 0.10 | 1.27 | 18.70 |
| VanEck Vectors Australian Floating Rate ETF | FLOT | 24.81 | -0.02 | -0.02 | 0.05 | 0.87 | 351.76 |
| Betashares Sustainability Leaders Diversified Bond Hedged ETF | GBND | 23.04 | -0.28 | -1.81 | -3.50 | 2.42 | 176.43 |
| BetaShares Global Government Bond 20+ Year ETF Currency Hedged | GGOV | 20.30 | -0.25 | -2.88 | -3.17 | 3.00 | 3.26 |
| SPDR S&P/ASX Australian Government Bond Fund ETF | GOVT | 24.96 | -0.34 | -1.41 | -1.26 | 2.37 | 27.73 |
| BetaShares Active Australian Hybrids Fund ETF | HBRD | 10.20 | 0.01 | 0.13 | 2.41 | 2.49 | 1,681.42 |
| iShares Core Composite Bond ETF | IAF | 104.41 | -1.35 | -1.23 | -1.24 | 1.71 | 1,692.73 |
| iShares Treasury ETF | IGB | 101.70 | -1.21 | -1.34 | -0.77 | 1.25 | 86.44 |
| iShares Global High Yield Bond ETF | IHHY | 97.85 | -0.15 | -1.26 | -0.86 | 4.14 | 165.65 |
| iShares Core Global Corporate Bond ETF | IHCB | 102.60 | -0.03 | -2.26 | -3.34 | 3.57 | 247.65 |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | IHEB | 87.46 | -1.43 | -6.65 | -8.01 | 4.46 | 64.82 |
| iShares Government Inflation ETF | ILB | 125.65 | -2.11 | -1.19 | 4.08 | 0.61 | 384.63 |
| iShares Enhanced Cash ETF | ISEC | 100.47 | 0.01 | 0.00 | 0.07 | 0.11 | 353.27 |
| Betashares Australian Composite Bond ETF | OZBD | 47.25 | -0.59 | 0.00 | - | - | 5.67 |
| VanEck Vectors Australian Corporate Bond Plus ETF | PLUS | 16.94 | -0.26 | -1.62 | -2.80 | 2.36 | 213.93 |
| BetaShares Australian Bank Senior Floating Rate Bond ETF | QPON | 25.63 | 0.06 | -0.05 | -0.12 | 0.90 | 644.66 |
| Russell Australian Select Corporate Bond ETF | RCB | 19.54 | -0.14 | -0.38 | -1.85 | 1.35 | 277.84 |
| Russell Australian Government Bond ETF | RGB | 19.99 | -0.33 | -1.71 | -1.61 | 3.24 | 74.06 |
| Russell Australian Semi-Government Bond ETF | RSM | 19.30 | -0.24 | -0.93 | -3.35 | 2.51 | 56.27 |
| VanEck Vectors Australian Subordinated Debt ETF | SUBD | 24.86 | 0.02 | -0.24 | 0.99 | 1.93 | 272.50 |
| Vanguard Australian Corporate Fixed Interest ETF | VACF | 49.52 | -0.48 | -1.03 | -2.00 | 1.80 | 640.63 |
| Vanguard Australian Fixed Interest Index ETF | VAF | 46.42 | -0.54 | -1.21 | -1.27 | 2.56 | 1,301.67 |
| Vanguard Global Aggregate Fixed Interest Index Hedged ETF | VBND | 45.22 | -0.36 | -1.47 | -2.84 | 7.48 | 462.62 |
| Vanguard International Credit Securities Index ETF | VCF | 41.59 | -0.29 | -2.08 | -3.45 | 7.75 | 200.75 |
| Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF | VEFI | 46.24 | -0.20 | -1.40 | -2.83 | 6.57 | 86.12 |
| Vanguard Australian Government Bond Index ETF | VGB | 47.61 | -0.61 | -1.27 | -1.15 | 1.55 | 514.57 |
| Vanguard International Fixed Interest Index ETF | VIF | 42.00 | -0.29 | -1.04 | -2.22 | 7.84 | 636.78 |
| ActiveX Ardea Real Outcome Bond Fund ETF | XARO | 25.06 | 0.10 | -0.97 | -2.07 | 2.09 | 901.34 |
*1 month/1 year performance as at end of Feb 2021. Closing price as at end of week. Returns in AUD before fees