November proved to be a remarkable month for international stocks, with these ETFs seeing inflows almost twice as many as the next closest category in November.
According to the latest Betashares ETF research, international equity products saw inflows of some $1.7 billion, significantly ahead of Australian equities ($804 million) and fixed income ($565 million). dollars).
They accounted for 55 percent of new sector flows in November, with six of the most popular ETFs in terms of flows invested in international stocks.
The most popular product of the month was the iShares S&P 500 ETF, which saw flows of $507 million amid strong demand for overseas exposure.
The VanEck MSCI International Small Companies Quality ETF and the Vanguard MSCI Index International Shares ETF (Hedged) were also among the top five funds, with flows of $144.9 million and $104.9 million respectively.
Other notable mentions in November’s top 10 funds included the iShares S&P 500 AUD Hedged ETF which saw flows of $89.2 million, the Betashares NASDAQ 100 ETF ($88.7 million) and the Betashares S&P 500 Equal Weight ETF ($83.4 million).
November has been the strongest month for this asset class so far this year. Before that, the most popular months in terms of streams were July ($1.6 billion in streams) and September ($1.5 billion).
Interestingly, although international stocks accounted for the lion’s share of flows, the best performing funds of the month were exposures to digital assets.
The Betashares Crypto Innovators ETF took the top spot with 42.4 percent, followed closely by the Global X 21Shares Ethereum ETF with 42 percent.
The Digital X Bitcoin ETF and the Global
More generally, Betashares also noted that the Australian ETF industry remains on strong momentum and is “within reach” of the $250 billion milestone.
Year-to-date, industry net flows through November now stand at $26.9 billion, setting a new record after a previous record of $23.2 billion set in 2021.
Over the past 12 months, the industry grew 36.9 percent, or $73.2 billion.
