ETFs

Summary: Net fund flow from bond and cash ETF sector; 7 ETF issues additional units, 25 repurchase units; unit prices generally lower; IHEB largest percentage price increase; ILB largest percentage price decrease.

Investor interest in the Australian bond and cash ETF sector waned this week as 7 of the 38 ETFs in the sector experienced net inflows and 25 experienced net outflows, resulting in a net outflow across for the sector. The sector’s market capitalisation decreased by 0.6% as the net outflow was amplified 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 (+2.47%). The iShares Government Inflation ETF (code: ILB) had the largest price decline over the week (-1.50%).

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	0.02	0.14	0.30	2,440.28
BetaShares Australian Government Bond ETF	AGVT	46.81	-0.91	0.33	-4.38	1.32	224.94
BetaShares Australian Major Bank Hybrids Index ETF	BHYB	10.00	-0.05	0.99	-	2.02	109.03
iShares Core Cash ETF	BILL	100.24	0.00	-	0.01	0.01	342.18
SPDR S&P/ASX Australian Bond Fund ETF	BOND	25.71	-0.35	0.10	-3.44	1.93	44.46
Betshares Legg Mason Australian Bond Fund	BNDS	25.15	-0.37	0.12	-3.10	1.32	191.66
Betashares Australian Investment Grade Corporate Bond ETF	CRED	24.14	-0.57	0.29	-3.23	5.14	508.43
Daintree Hybrid Opportunities ETF	DHOF	9.62	-0.15	0.70	4.15	0.61	13.39
Elstree Hybrid Fund	EHF1	5.12	0.01	0.30	-	2.35	18.29
eInvest Core Income Fund	ECOR	49.9	-0.22	0.16	0.67	1.25	18.81
eInvest Income Maximiser Fund	EMAX	47.23	0.00	0.50	2.81	5.48	2.10
VanEck Vectors Australian Floating Rate ETF	FLOT	24.84	-0.03	0.02	0.11	0.86	352.47
Betashares Sustainability Leaders Diversified Bond Hedged ETF	GBND	23.52	-0.33	-0.51	-3.44	2.34	180.56
BetaShares Global Government Bond 20+ Year ETF – Currency Hedged	GGOV	20.81	-0.74	-2.79	-4.93	2.82	3.37
SPDR S&P/ASX Australian Government Bond Fund ETF	GOVT	25.50	-0.41	0.08	-3.57	2.29	28.44
BetaShares Active Australian Hybrids Fund ETF	HBRD	10.19	-0.02	0.82	3.81	2.49	1,681.42
iShares Core Composite Bond ETF	IAF	106.46	-1.54	0.08	-3.06	1.65	1,729.20
iShares Treasury ETF	IGB	103.79	-1.63	-0.04	-3.31	1.20	88.47
iShares Global High Yield Bond ETF	IHHY	97.53	-1.43	1.30	2.36	4.09	165.06
iShares Core Global Corporate Bond ETF	IHCB	102.00	-2.05	-0.16	-1.46	3.52	247.53
iShares J.P. Morgan USD Emerging Markets Bond ETF	IHEB	86.75	-0.12	2.21	-2.80	4.49	64.61
iShares Government Inflation ETF	ILB	129.71	-2.94	2.19	0.94	0.58	400.24
iShares Enhanced Cash ETF	ISEC	100.46	0.01	-	0.07	0.11	353.25
Betashares Australian Composite Bond ETF	OZBD	48.18	-0.98	-	-	-	5.82
VanEck Vectors Australian Corporate Bond Plus ETF	PLUS	17.31	-0.25	0.21	-2.36	2.28	218.60
BetaShares Australian Bank Senior Floating Rate Bond ETF	QPON	25.66	-0.10	0.06	-0.23	0.90	645.92
Russell Australian Select Corporate Bond ETF	RCB	19.79	-0.17	0.57	-1.58	1.32	281.68
Russell Australian Government Bond ETF	RGB	20.56	-0.36	2.63	-3.96	3.09	76.39
Russell Australian Semi-Government Bond ETF	RSM	19.58	-0.18	1.10	-2.65	2.45	57.23
VanEck Vectors Australian Subordinated Debt ETF	SUBD	24.82	-0.17	0.34	2.07	1.92	271.73
Vanguard Australian Corporate Fixed Interest ETF	VACF	50.27	-0.73	0.24	-1.82	1.75	650.07
Vanguard Australian Fixed Interest Index ETF	VAF	47.28	-0.72	0.16	-2.99	2.47	1,328.58
Vanguard Global Aggregate Fixed Interest Index Hedged ETF	VBND	45.85	-0.67	-0.53	-2.06	7.27	470.18
Vanguard International Credit Securities Index ETF	VCF	42.31	-0.44	-0.20	-1.57	7.54	203.55
Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF	VEFI	46.93	-0.69	-0.57	-2.17	6.38	87.33
Vanguard Australian Government Bond Index ETF	VGB	48.62	-0.69	0.13	-3.23	1.49	526.57
Vanguard International Fixed Interest Index ETF	VIF	42.59	-0.49	-0.81	-2.41	7.64	647.40
ActiveX Ardea Real Outcome Bond Fund ETF	XARO	25.20	0.01	0.42	-0.62	2.08	907.46

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