Selfwealth has shared the top 10 ETFs by trades with a shift demonstrated by investors towards Australian equity ETFs.
This is the third month that there has been a “buying conviction” across ASX-listed ETFs, the firm said, with a focus observed on those ETFs in the Australian share market.
The buy-to-sell ratio for the Vanguard Australian Shares Index ETF rose 9.7 percentage points month-over-month, while the Betashares Australia 200 ETF recorded a 7.8-percentage-point increase compared with the result from March.
Other Australian ETFs featured in the top 10 were Vanguard Australian Shares High Yield and Betashares Geared Australian Equity (Hedge Fund) ETF.
Overall, the Vanguard Australian Shares Index ETF is 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.
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
- Vanguard Australian Shares High Yield ETF
- Betashares Geared Australian Equity (Hedge Fund) ETF
Source: Selfwealth, May 2024
Last week, Money Management shared the top 10 ETFs for inflows and outflows during April, according to Betashares, with the iShares Core S&P/ASX 200 ETF coming in third place with $144 million in inflows. It also noted the Vanguard Australian Shares High Yield ETF saw inflows of $67 million to sit in ninth place.
However, the Vanguard Australian Shares Index ETF was among the biggest outflows with $76 million, although this was the only dedicated Australia ETF in the top 10 outflows ranking.
The Australian ETF industry has broken its six-month growth streak with a funds under management (FUM) decline of $1.7 billion, down to $195 billion. This is due to global share market declines, despite the market bringing in positive inflows of $1.2 billion.
This is the first time the industry has seen a decline in FUM since October 2023.
