ASX celebrates 20 years of ETFs

State-Street/ETF/ASX/

10 August 2021
| By Chris Dastoor |
image
image
expand image

If you invested in the first-ever exchange traded funds (ETFs) launched on the Australian Securities Exchange (ASX) almost 20 years ago, your investment would have seen a 400% return.

In August 2021, the ASX admitted two State Street Global Adviser ETFs onto the exchange – the SSgA SPDR S&P ASX 200 ETF and the complimentary ASX 50 ETF.

Data from FE Analytics showed the SSgA SPDR S&P ASX 200 ETF returned 402.08% while the ASX 50 ETF returned 375.38% since 31 August, 2021, to 30 July, 2021.

As of 6 August, the ASX 200 ETF had $4.81 billion in assets under management (AUM), while the ASX 50 ETF had $788.36 million in AUM.

According to data from the ASX, the ASX holds 223 ETFs across seven asset classes worth $113 billion, as of June 2021.

Global equity ETFs had the most AUM with $57.5 billion, followed by Australian equities at $30.5 billion and Australian fixed income at $8.9 billion.

AUM by sector for ETFs

Source: ASX

 

The number of quoted global ETFs doubled since 2015, while quoted Australian ETFs had only seen a 47% increase.

Despite the number of commodity ETFs having decreased, AUM increased with $3.44 billion into eight products, as of June 2021. In October 2015, there were 22 commodity ETFs with only $0.65 billion in AUM.

Performance of first two ETFs on the ASX to 30 July 2021

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 4 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 5 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 4 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 3 days ago

TOP PERFORMING FUNDS