ETFs

Summary: Net fund flow to bond and cash ETF sector; 25 ETFs issue additional units, 7 ETFs repurchase units; unit prices generally lower; XARO largest percentage price rise; IHEB largest percentage price fall.

Investor interest in the Australian bond and cash ETF sector picked up considerably as 25 of the ETFs in the sector experienced net inflows while 7 experienced net outflows. The sector’s market capitalisation increased by 0.6% even as generally-lower prices partially offset the net inflow.

In terms of unit price changes, the ActiveX Ardea Real Outcome Bond Fund ETF (XARO) had the largest price increase over the week (+0.17%). The iShares J.P. Morgan USD Emerging Markets Bond ETF (IHEB) had the largest price fall (-2.68%) over the same period.

ASX CASH & BOND ETFs

NAME	CODE	CLOSE PRICE ($)	WEEK CHANGE ($)	*1M RETURN (%)	*1Y RETURN (%)	RUNNING YIELD (%)	FUND SIZE ($m)
BetaShares Australian High Interest Cash ETF	AAA	50.15	-0.13	0.38	4.41	4.31	3438.34
BetaShares Australian Government Bond ETF	AGVT	40.89	-0.35	0.52	-1.04	3.39	614.74
BetaShares Australian Major Bank Hybrids Index ETF	BHYB	9.88	-0.05	-1.06	7.01	5.14	411.81
iShares Core Cash ETF	BILL	100.43	-0.26	0.39	4.40	4.32	694.84
SPDR S&P/ASX Australian Bond Fund ETF	BOND	24.56	-0.12	0.38	0.35	0.39	36.55
BetaShares Legg Mason Australian Bond Fund	BNDS	23.21	-0.17	0.50	1.41	3.90	683.94
BetaShares Australian Investment Grade Corporate Bond ETF	CRED	22.47	-0.15	1.17	6.07	4.75	776.36
Daintree Hybrid Opportunities ETF	DHOF	9.43	-0.18	0.04	12.02	3.18	43.27
Elstree Hybrid Fund ETF	EHF1	5.09	-0.05	-0.76	7.92	5.55	34.42
Daintree Core Income Fund ETF	ECOR	50.20	-0.10	0.58	8.76	3.55	18.92
VanEck Vectors Australian Floating Rate ETF	FLOT	24.93	-0.04	0.48	5.40	4.85	676.85
BetaShares Sustainability Leaders Diversified Bond Hedged ETF	GBND	20.26	-0.25	0.23	1.55	2.91	350.15
BetaShares Global Government Bond 20+ Year ETF – Currency Hedged	GGOV	13.74	-0.29	2.74	-10.94	2.49	197.40
Janus Henderson Sustainable Credit Active ETF	GOOD	49.46	-0.64	0.53	4.12	4.73	0.75
SPDR S&P/ASX Australian Government Bond Fund ETF	GOVT	23.68	-0.09	0.31	-0.40	1.15	38.67
BetaShares Active Australian Hybrids Fund ETF	HBRD	10.13	-0.02	0.14	7.28	5.69	2188.77
BetaShares Interest Rate Hedged Australian Investment Grade Corporate Bond ETF	HCRD	24.38	-0.12	1.04	10.74	4.67	21.97
iShares Core Composite Bond ETF	IAF	99.41	-1.06	0.39	0.79	2.60	2323.89
iShares Treasury ETF	IGB	96.12	-0.93	0.34	-0.13	2.32	376.36
iShares Global High Yield Bond ETF	IHHY	91.85	-0.63	0.86	8.39	6.06	169.84
iShares Core Global Corporate Bond ETF	IHCB	90.88	-0.36	1.29	3.64	4.35	254.51
iShares J.P. Morgan USD Emerging Markets Bond ETF	IHEB	73.37	-2.02	1.74	7.89	6.85	94.84
iShares Government Inflation ETF	ILB	123.42	-0.68	-0.31	0.42	1.83	739.90
iShares Enhanced Cash ETF	ISEC	100.54	-0.24	0.40	4.56	4.46	200.91
Betashares Australian Composite Bond ETF	OZBD	43.46	-0.36	0.64	1.77	3.86	403.96
VanEck Vectors Australian Corporate Bond Plus ETF	PLUS	16.42	-0.09	0.86	4.92	3.53	305.53
BetaShares Australian Bank Senior Floating Rate Bond ETF	QPON	25.95	-0.11	0.51	5.88	5.32	1399.91
Russell Australian Select Corporate Bond ETF	RCB	19.72	-0.01	0.50	3.58	3.26	265.71
Russell Australian Government Bond ETF	RGB	18.51	-0.09	0.43	-1.28	2.38	179.67
Russell Australian Semi-Government Bond ETF	RSM	19.61	-0.06	0.43	1.00	0.00	58.77
VanEck Vectors Australian Subordinated Debt ETF	SUBD	25.13	-0.09	0.76	7.69	5.71	1599.97
VanEck 1-3 Month US Treasury Bond ETF	TBIL	49.72	-0.91	-1.90	2.54	5.11	103.76
US Treasury Bond 7-10 Year Currency Hedged ETF	US10	50.08	-0.80	1.65	n/a	2.43	14.53
Betashares Inflation Protected US Treasury Bond (Hedged) ETF	UTIP	25.35	-0.15	1.56	n/a	1.48	154.13
Vanguard Australian Corporate Fixed Interest ETF	VACF	49.88	-0.47	0.69	4.41	3.11	641.00
Vanguard Australian Fixed Interest Index ETF	VAF	44.59	-0.58	0.39	0.80	2.57	1906.05
Vanguard Global Aggregate Fixed Interest Index Hedged ETF	VBND	41.11	-0.30	0.83	1.05	1.96	1361.91
Vanguard International Credit Securities Index ETF	VCF	37.90	-0.28	1.11	3.03	2.57	148.37
Vanguard Ethically Conscious Global Aggregate Bond Index Hedged ETF	VEFI	41.81	-0.22	0.78	0.78	2.04	66.94
Vanguard Australian Government Bond Index ETF	VGB	45.28	-0.62	0.32	0.04	2.50	970.14
Vanguard International Fixed Interest Index ETF	VIF	38.03	-0.23	0.35	0.05	1.76	752.03
ActiveX Ardea Real Outcome Bond Fund ETF	XARO	23.67	0.04	-0.89	0.33	3.01	528.52

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