BetaShares Australian ETF Review: April 2022 | BetaShares

BetaShares Australian ETF Review: April 2022

BY Ilan Israelstam | 17 May 2022
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APRIL 2022: FLOWS REMAIN POSITIVE BUT INDUSTRY AUM DROPS

Following a March in which the industry grew in size, and notwithstanding positive net flows, the Australian ETF industry dropped in value in April, reflecting falls in global sharemarkets, and representing the third month out of four in 2022 in which the industry has declined. Read on for details, including best performers, asset flow categories and more.

CAGR: Compound Annual Growth Rate
Source: ASX, Chi-X, BetaShares. 

Market cap

  • Australian Exchange Traded Funds Market Cap: $133.5B
  • Market cap change for month: -1.4%, -$1.9B
  • Market cap growth for the last 12 months: 22.7%, + $24.7B

Comment:  The industry fell 1.4% (-$1.9B) month on month and ended April at $133.5B

New money

  • Net flows for month: +$1.2B

Comment: Even with markets falling, ETF investors continued to allocate, with net flows of $1.2B, a level very similar to that experienced in March (of $1.3B)

Products

Trading value

  • ASX ETF Trading value decreased 35% month on month and was $7.5B, the lowest level in 11 months (however Easter Period has typically had subdued volumes)

Comment: The Easter period and overall investor caution caused trading values to plummet to levels not seen in the last 11 months, representing a fall of 35% ($7.5B in total)

Performance

Comment: Industry growth over the last 12 months has been 23% for a total of $24.7B net growth

Top 5 Category inflows (by $) – April 2022

Category Inflow Value
International Equities $513,066,904
Australian Equities $299,169,182
Fixed Income $223,017,427
Multi-Asset $89,756,187
Cash $64,665,149

Comment: In terms of category flows, the industry flows were very similar to those recorded in March, with international equities continuing to see the lion’s share inflows ($513m) followed by Australian Equities ($299m)

Top Category outflows (by $) – April 2022

Category Inflow Value
Short ($24,272,082)
Commodities ($5,207,262)
Currency ($3,160,942)

 

Comment: We saw some profit taking in short exposures which experienced strong positive performance as sharemarkets fell

Source: Bloomberg, BetaShares.

Top Sub-Category inflows (by $) – April 2022

Sub-Category Inflow Value
International Equities – Developed World $207,550,456
Australian Bonds $201,947,999
Australian Equities – Broad $182,951,565
International Equities – US $132,133,916

 

Top Sub-Category outflows (by $) – April 2022

Sub-Category  Inflow Value
International Equities – Europe ($22,219,021)
US Equities – Short ($21,456,814)
Australian Equities – Geared ($8,023,971)
Gold ($5,399,575)
Currency ($3,160,942)

 

2 Comments

  1. Trevor  |  May 18, 2022

    I am a Pensioner and several months ago made my first ever purchase of shares:Australian Bond Exchange.I am worried of their slump,65 cents to 36 cents,should i sell and cut my losses.
    Many Thanks
    Trevor

    1. BetaShares Client Services  |  May 19, 2022

      Hi Trevor,

      Thank you for your comment.

      Unfortunately, BetaShares is an ETF Fund Manager, we are not financial advisers. We are therefore unable to provide any personal advice or speak to specific personal circumstances. We recommend you contact a financial adviser for any such queries.

      Kind Regards,
      BetaShares Client Services

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