Vanguard ETFs demonstrate strong trades in May

ETFs selfwealth vanguard BetaShares

25 June 2024
| By Jasmine Siljic |
image
image
expand image

Selfwealth has revealed the top 10 exchange-traded funds (ETFs) by trades during the month of May, with the ASX experiencing a flat performance.

According to the online trading platform, two of Vanguard’s top ETFs saw a drop in buying conviction last month as a result of the ASX’s subdued performance but four ETFs featured on the list.

The Vanguard Australian Shares Index ETF’s buy-to-sell ratio fell by 9 percentage points month-over-month, while the Vanguard Diversified High Growth Index ETF slipped by 5.2 percentage points compared to April.

“The above results might be due to the flat performance of the ASX last month, as opposed to US indices, which delivered significantly higher returns,” Selfwealth stated.

Buying conviction for US-oriented ETFs was “broadly consistent” in May compared to April, the firm described. Two products – the iShares S&P 500 ETF and the Vanguard US Total Market Shares Index ETF – even enjoyed an increase in its buy-to-sell ratio.

This further reinforced the prospect that investors turned their gaze towards the world’s largest share market for direction last month, Selfwealth added.

The top 10 trades were:

  • Vanguard Australian Shares Index ETF 
  • Vanguard MSCI Index International Shares ETF 
  • iShares S&P 500 ETF 
  • Vanguard Diversified High Growth Index ETF 
  • Betashares Nasdaq 100 ETF 
  • Betashares Australia 200 ETF
  • Vanguard US Total Market Shares Index ETF
  • Betashares Diversified All Growth ETF 
  • Betashares Geared Australian Equity (Hedge Fund) ETF
  • Betashares Australian High Interest Cash ETF

April was the third month that there was a “buying conviction” across ASX-listed ETFs, the firm said, with a focus observed on those ETFs in the Australian share market.

Overall, the Vanguard Australian Shares Index ETF continues to be the most widely held ETF by Selfwealth investors, it said. The ETF was launched in 2009 and has more than $14.6 billion in assets under management.

Earlier this month, Stockspot shared its favoured Australian equity ETF based on size, cost, slippage, liquidity, returns and track record.

Based on the six criteria, the platform said it opts for Vanguard Australian Shares Index ETF for its clients based on its low costs and consistent track record of lowering fees. This ETF wins out over its closest competitor SPDR S&P/ASX 200 ETF as it has a broader ASX 300 exposure, a low tracking error and slippage, and a consistent return history.
 

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Shareholder

Get rid of the rest of the old guard to clean up the culture, then you might have a chance....

2 days 9 hours ago
Ray Mitchell

The previous directors and managers of both Dixon Advisory and the ultimate holding company Evans and Partners should be...

2 days 21 hours ago
Old Fella

Why would any Licensee invest in educating and training new advisers, when as soon as the handcuffs come off, they will ...

3 days ago

ASIC has obtained interim orders from the Federal Court to freeze the assets of a registered managed fund and prevent its former director from leaving Australia. ...

3 weeks 4 days ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

3 days 11 hours ago

The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

1 week 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND