In accordance with World X ETFs‘ June 2024 report, the Australian Trade Traded Fund (ETF) market grew 36.1% over the previous yr to $204.4 billion throughout 380 merchandise. This was pushed by over $21.4 billion in internet inflows, constructive market actions, and quite a few unlisted lively funds changing into lively ETFs.
In its June 2024 ETF Market Report, World X ETFs explores prevailing tendencies inside the Australian ETF market, offering complete insights into:
1. The ETF Market is Sturdy
-
- The Australian ETF market has reached $200 billion for the primary time. It took practically 20 years to achieve the preliminary $100 billion, whereas the following $100 billion was achieved in simply over three years.
- 12 months-to-date internet flows for 2024 mark the strongest begin ever for the Australian ETF market at $10.8 billion, probably on observe to surpass the calendar yr document of $23.6 billion set in 2021 if the robust momentum continues.
2. Most and Least Common ETFs (by Web Flows)
-
- Cryptocurrency ETFs, together with Bitcoin and Ethereum, have been the best-performing ETFs over the previous yr, whereas clear vitality and inverse ETFs had the poorest returns.
3.Characteristic Insights: ETFs May Save Australian Traders in Managed Funds As much as 4 Billion {Dollars}
-
- Australian traders in managed funds may save as much as $4 billion in charges by switching to lower-cost ETFs.
- Energetic ETFs solely signify one-fifth of the entire Australian ETF market however generate practically half of the business’s complete price income.