Vanguard ETFs demonstrate strong trades in May

ETFs selfwealth vanguard BetaShares

25 June 2024
| By Jasmine Siljic |
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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.

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