Each month we check in performance of European dominant stocks, bonds and active exchange sales financing, the largest sold in the UK.
Morning Star US Market Index It fell 3.93% during April, and an increase of 4.54% over the past year. Morning Star US Core Bond Index It fell 2.98% last month, up 1.26% over the past year.
In the global market, stocks lost 2.36% during April. Morningstar Global Market Index. Bonds fell 0.57% Morningstar Global Core Bond Index. Over the past year, global stocks have grown by 4.53% and global bonds have grown by 1.80%.
UK’s largest stock ETF performance
The top performer last month was the Vanguard FTSE Global UCITS ETF VWRD, which weighed £28.4 billion, losing 2.39% of the 10 largest European-dominated stock ETFs. The performer below lost 4.04% in the £18 billion SPDR S&P 500 UCITS ETF SPY5.
Details of the performance of the largest stock ETFs.
iShares VII PLC -ISHARES CORE S&P 500 UCITSETF CSSPX
ISHARES VII PLC – The ISHARES CORE S&P 500 UCITS ETF lost 4.04% in April, working roughly in line with the US average fund in the large blend equity category, which fell 4.05%. The £83.9 billion fund has won 4.81% in the last 12 months, but the average fund in that category has increased by 1.44%. The iShares Fund, launched in May 2010, rose 9.57% over the past three years and has won 13.97% over the past five years.
iShares Core MSCI World UCits ETF IWDA
The iShares Core MSCI World UCits ETF lost 2.51% in April, roughly coinciding with the average fund in the global large blend equity category, which fell 2.40%. The £76.5 billion fund has won 5.15% in the last 12 months, but the average fund in that category has increased by 1.70%. The iShares Fund, which launched in September 2009, has risen 8.85% over the past three years and has scored 12.73% over the past five years.
Vanguard S&P 500 UCITS ETF VUSD
The Vanguard S&P 500 UCITS ETF lost 4.04% in April, roughly alongside the average fund in the US large blend equity category, which fell 4.05%. The £48.7 billion fund has won 4.80% in the last 12 months, but the average fund in that category has increased by 1.44%. The Vanguard Fund, which launched in May 2012, has risen 9.57% over the past three years and has scored 13.97% over the past five years.
Investco S&P 500 UCITS ETF SPXS
In April, the Invesco S&P 500 UCITS ETF fell 4.03%, while the average US large blend equity fund lost 4.05%. The fund was placed in the 49th percentile for performance. Over the past 12 months, the £29 billion fund has risen 4.99%, surpassing the average category funds, up 1.44%. The Investco Fund, launched in May 2010, has risen 9.79% over the past three years and has scored 14.21% over the past five years.
Vanguard FTSE All-World UCits ETF VWRD
In April, the £28.4 billion Vanguard FTSE All-World UCits ETF fell 2.39%. The fund’s losses are roughly consistent with the 2.40% loss of the average fund in the global large blend equity category, reaching the 45th percentile due to performance. Over the past 12 months, the Vanguard Fund has risen 4.96%, while the average fund in that category has risen 1.70%. The fund, which began in May 2012, has risen 8.02% over the past three years and has risen 11.77% over the past five years.
The biggest UK bond ETF performance
Of Europe’s 10 largest bond ETFs, the top performer last month was Amundi Eur Corporate Bond ESG CC4, a £5.2 billion Amundi index solution, which won 2.71%. The performer below was £6.3 billion iShares $corp bond ucits etf lqde, who lost 3.60%.
Details of the performance of the largest bond ETFs.
iShares $ TREASURY BOND 0-1YR UCITS ETF IB01
ISHARES $TREASURY BOND was executed roughly in line with the average fund in the USD USTRA Short Term Debt category, which lost 3.02% in April and fell 2.97%. The £16.1 billion fund has lost 1.55% in the last 12 months, but the average fund in that category has fallen by 1.45%. The iShares Fund, which launched in February 2019, has risen 2.13% over the past three years and has achieved 1.35% over the past five years.
iShares Core€Corp Bond UCits Etf IEAC
In April, the £10.8 billion iShares Core€ Corp Bond Ucits ETF rose 2.70%. The fund’s profits beat the 2.52% profits of the average fund in the EUR corporate bond category, remaining in the 32nd percentile for performance. Over the past 12 months, the iShares fund has risen by 5.74%, while the average fund in that category has risen by 5.31%. The fund, which began in March 2009, has risen 2.54% over the past three years and has risen 0.09% over the past five years.
iShares $ TREASURY BOND 1-3YR UCITS ETF IBTS
The £9.1 billion iShares $TREASURY BOND 1-3YR UCITS ETF fell 2.58% in April. The fund’s losses were roughly consistent with a 2.54% loss in the short-term category, the average fund for government bonds in the US dollar, and remained in the 50th percentile for performance. The iShares Fund has risen by 0.05% over the past 12 months, but the average funds for that category have not changed. The fund, launched in June 2006, has risen 1.18% over the past three years and has earned 0.11% over the past five years.
iShares Core Global Aggregate Bond Ucits Etf Aggg
In April, the iShares Core Global Aggregate Bond Ucits ETF fell 0.53%, while the average global diversified debt fund lost 0.12%. The fund was placed in the 65th percentile for performance. The £8.6 billion fund has risen 1.93% over the past 12 months, surpassing the average funds in its category, up 1.75%. The iShares Fund, which launched in November 2017, has dropped by 0.95% over the past three years and lost 2.41% over the past five years.
iShares $ corp bond ucits etf lqde
The £6.3 billion iShares $ Corp Bond Ucits ETF fell 3.60% in April. The fund’s losses were worse than the 3.18% loss for the average fund in the USD corporate debt category, which led to the 86th percentile for performance. Over the past 12 months, the iShares fund has risen by 0.69%, while the average fund in that category has risen by 0.54%. The fund, which began in March 2003, has risen 0.45% over the past three years and lost 1.35% over the past five years.
Largest UK Active ETF Performance
Passive ETFs have portfolios whose holdings are designed to track index performance, while active ETFs are managed by portfolio managers who make decisions about which investments to own. Similar to index tracking ETFs, active ETFs are traded in exchange and are typically lower cost than traditional active, managed mutual funds.
Last month’s top performer was the JPMorgan ETF (Ireland) ICAV-Eur Ultra-Short Income Active UCITS ETF JEST, an 1.95% increase from the 10 largest European-dominated active ETFs. The bottom performer was JPMorgan ETFS (Ireland) ICAV of £8.4 billion – the US Research Enhanced Index Equity Active UCITS ETF JREU lost 4.27%.
Learn more about the performance of your largest active ETFs.
JPMORGAN ETFS (Ireland) ICAV -US Research Enhanced Index Equity Active UCits ETF JREU
JPMORGAN ETF (Ireland) ICAV-US Research Enhanced Index Equity Active UCITS ETF lost 4.27% in April, further down from the average US fund in the large blend equity category, which fell 4.05%. The fund was placed in the 64th percentile for performance, down 0.22 percentage points from its benchmark S&P 500 index.
The £8.4 billion fund has won 2.95% in the last 12 months, but the average fund in that category has increased by 1.44%. The JPMorgan fund, launched in October 2018, has risen 9.62% over the past three years and has won 14.48% over the past five years.
JPMORGAN ETFS (Ireland) ICAV-Global Research Enhancement Index Equity Active UCITSETF JREG
JPMORGAN ETFS (Ireland) ICAV-Global Research Enhanced Index Equity Active UCITS ETF lost 2.76% in April, further down from the average fund in the Global Large Cap Blend Equity category, which fell 2.40%. The fund was placed in the 62nd percentile for performance, down 0.26 percentage points from its benchmark, the MSCI World Index.
The £7 billion fund has won 3.55% in the last 12 months, but the average fund in that category has increased by 1.70%. The JPMorgan fund, launched in October 2018, has risen 9.18% over the past three years and has won 13.42% over the past five years.
JPMorgan ETFS (Ireland) ICAV-European Research Enhancement Index Equity Active UCITSETF JREE
JPMORGAN ETF (Ireland) ICAV-European Research Enhancement Index Equity Active UCITS ETF won 0.86% in April, surpassing the average fund in the European large blend equity category, up 0.62%. The fund was placed in the 47th percentile for performance and ran roughly along its benchmark, the MSCI Europe Index.
The £2.3 billion fund has won 5.09% in the last 12 months, but the average fund in that category has increased by 3.59%. The JPMorgan fund, launched in October 2018, has risen 9.22% over the past three years and has won 11.85% over the past five years.
Fidelity Emerging Markets Equity Research has strengthened UCITS ETF FEMR
Fidelity Emerging Markets Equity Research reduced the UCITS ETF by 1.89% in April, down from the Global Emerging Market Equity Category average fund, which fell 2.47%. The fund was placed in the 29th percentile for performance, reducing its benchmark, the MSCI EM index by 0.21 percentage points.
The £1.6 billion fund has lost 0.43% in the last 12 months, but the average fund in that category has increased by 0.42%. The Fidelity International Fund, launched in November 2020, has won 0.24% over the past three years.
Pimco ETFS PLC -US Dollar Short Maturity Ucits ETF MINT
£1.6 billion Pimco ETFS PLC – Short-Max UCITS ETF fell 3.13% in April. The fund’s losses remained in the 80th percentile for performance as it was worse than the 2.97% loss for the average fund in the USD Ultra Short-Term Bond category. The fund is roughly lined up on its benchmark, the FTSE Treasury’s three-month invoice index.
Over the past 12 months, PIMCO funds have declined by 1.48%, while average funds in that category have declined by 1.45%. The fund, launched in February 2011, has risen 2.42% over the past three years and has won 1.56% over the past five years.
