ASX Weekly ETF Gainers Dominated By Commodity Funds

Returns from commodities outpaced the rest of the Australian Exchange Traded Fund market over the past week. While ETFs that held U.S. holdings had a reasonable week but were outside the biggest gainers.

Silver and gold funds have outpaced much of the Australian ETF market over the past week.

Fund manager Global X sparkled with three of the top five performing ETFs.

Global X’s Physical Silver ETF (ASX: ETPMAG) was the top-performing fund, returning 8.2%. In second place was Betashares Global Gold Miners Currency Hedged ETF (ASX: MNRS) with a 6.2% gain.

VanEck’s Gold Miners ETF (ASX: GDX) came in third place, returning 5.4%.

In fourth place was Global X’s Physical Precious Metals Basket ETF (ASX: ETPMPM) with a gain of 4.5%. As the price of palladium surged, it lifted Global X’s Physical Palladium ETF (ASX: ETPMPD) into fifth place returning 4.3%.

Regarding fund inflows, fund manager Betashares’ Australia 200 ETF (ASX: A200) took first place, raking in $179.6 million in funds. The popularity of the fund that mimics the top 200 ASX-listed companies by float-adjusted market capitalisation continues unabated.

 

 

 

Stay up to date with our ETF Education and ETF news.

JustStocks Advisor
Compare ETFs in this handy section.

 

 

 

Disclaimer

JustStocks provides data and commentary that constitutes general educational information only. This does not constitute personal, financial, or professional advice or assistance. The data and information compiled do not consider your investment objectives or your financial circumstances. JustStocks cannot guarantee this website’s accuracy, completeness, or timeliness. JustStocks accepts no responsibility for any inaccuracy, omission, or change in information, articles, or data. The information published on this site/page should not be relied upon as a substitute for personal, financial, or professional advice. The information provided may not be appropriate for your circumstances or needs. JustStocks recommends that you seek professional advice from a qualified advisor before you make any decisions.

Articles of Interest