Top ETFs in Singapore in 2021

Across 40 ETF listings, some emerging market offerings delivered stellar results.

Kate Lin, CAIA 23.12.2021
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Here’s how exchange traded funds (ETFs), which are usually passive products that track an index, ended 2021 in Singapore. Top performer, Xtrackers FTSE Vietnam Swap ETF 1C (XVTD) brought investors a 30% return.  iShares MSCI India Index (I98) and Lyxor MSCI India ETF Acc USD (LYINR) ended the period with around 16% gains. Nikko AM Singapore STI ETF (G3B) ranked the tenth, being up 8%.

In the developed world, the U.S. markets continued its robust performance from 2020 and hit new record highs several times this year. Four strategies tracking different US indexes made to the list. Tech-only product, iShares US Technology ETF (IYW) ranked the second, with a 29.6% return. It was followed by an S&P 500 Index strategy, provided by SPDR and Xtrackers. SPDR’s Bronze-rated Dow Jones Industrial ETF posted a positive return of 17.9%.

Bottom Performers

The weakest ETFs this year was Lion-OCBC Securities Hang Seng TECH ETF (HSS), tracking the Hang Seng Tech Index, which slid 30% year-to-date. The index, launched in July 2020, tracks the 30 largest technology companies in Hong Kong. As of November 2021, the top holdings include JD.com (09618), Sunny Optical (02382), Meituan (03690), and Tencent (00700).

The second and third worst performers replicate different China equity indexes. Lyxor MSCI Chn ESG Ldrs Extr DR ETF USD (P58) tracks the MSCI China Select ESG Rating and Trend Leaders Index and Xtrackers MSCI China ETF 1C (LG9) tracks the MSCI China Index, each dipping 25% year-to-date.

Three fixed income ETFs were also on the list. iShares Barclays Cap USD Asia HY Bd ETF, ABF Singapore Bond Index, and Xtrackers II Singapore Govt Bd ETF 1C. The former invests in Asian high yield bonds while the latter two are benchmarked to bonds denominated in Singaporean dollar. 

 

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About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

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