They say active management comes to the fore when markets are a mess. Unsurprisingly then, several active managers have recently forwarned investors to steer clear from “beta” products – like index-tracking ETFs, over the months ahead.
While only time will tell if a passive or active approach outperforms in this tumultuous market, it may surprise investors to learn that more than 16% of the ETFs the ASX tracks delivered positive returns for investors in FY23, while 41% returned more than the S&P/ASX 200.*
So in this episode, Livewire’s Ally Selby was joined by Shaw & Partners Felicity Thomas and Apt Wealth’s Sarah Gonzales for a look at the best and worst performing ETFs over the past year.
And a quick note that this episode was filmed before the ASX’s June Data was released, so the best and worst performers on this list are to the end of May 2022. The ASX just released its June Fund data a few days ago. So without further ado, the best and worst performing ETFs of FY22 are:
- BetaShares Crude Oil Index ETF (ASX: OOO): 67.09%
- BetaShares Global Energy Companies ETF (ASX: FUEL): 29.63%
- ETFS Ultra Short Nasdaq 100 Hedge Fund (ASX: SNAS): 29.45%
- BetaShares Strong US Dollar Fund (ASX: YANK): 19.59%
- BetaShares US Equities Strong Bear Currency Hedged (ASX: BBUS): 18.06%
- ETFS Ultra Long Nasdaq 100 Hedge Fund (ASX: LNAS): -50.25%
- ETFS S&P Biotech ETF (ASX: CURE): -40.53%
- BetaShares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ): -36.50%
- BetaShares Cloud Computing ETF (ASX: CLDD): -35.95%
- BetaShares Asia Technology Tigers ETF (ASX: ASIA): -35.62%