ETF Performance Report - May 2023
- Overall ETFs’ trading activities further moderated in May with total volume/value traded contracted by 9%/19% to 2.09 mil units/RM4.51 mil, bringing the total YTD volume/value traded to 57.33 mil units/RM80.55 mil. May’s trading activities were 22%/26% below the 6-month average volume/value traded (excluding direct business transaction) of 2.69 mil units/RM6.11 mil.
- GOLDETF garnered largest market share in the ETF space despite a moderation in trading activities. Led by the sharp pullback in gold prices from its record high in 4 May, GOLDETF’s total volume/value traded moderated by 30%/29% MoM to 778K units/RM2.21 mil from its 14-month high of 1.12 mil units/RM3.10 mil in April. Despite the lower trading activities, the commodity ETF contributed 49% (vs Apr: 56%) to the ETF market’s overall traded value in May.
- China-themed ETFs trading activities in May were the softest YTD. The 4 China-centric ETFs saw their combined value traded slightly moderated to RM1.19mil in May (Apr: RM1.23 mil). Within the segment, lower trading value in CHINAETF-MYR (-33% MoM) was supported by CHINA100-MYR which saw its traded value jumped by 99% MoM to RM621K, making it the second most traded ETF by value.
- Trading interest in Malaysia-focused ETFs picked up significantly and gained market share. On a combined basis, the 6 Malaysia-themed ETFs saw total traded value improved by 153% MoM to RM786K in May (Apr: RM311K). This translated into market share of 17%, versus 6% in April. The improvement was mainly driven by FBMKLCI-EA which saw its traded value jumped by 159% MoM to RM556K in May.
