ASX exchange-traded fund (ETF) provider BetaShares has released its interim financial reports for a number of its most popular ETFs on Thursday.
Let's check out the details on four.
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ASX ETFs reporting interim results today
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The NASDAQ 100 ETF is down 0.72% to $41.47 today. This ASX tech ETF has risen 49% higher over the past 12 months.
It owns some of the world's best tech companies, including Amazon, Meta Platforms, and Nvidia.
For the half-year ended 31 December 2023, NDQ reported $288,233,000 in net investment income and 8,442,000 in expenses.
This led to a profit of $279,791,000, up from a loss of $94,771,000 in the prior corresponding period (pcp).
BetaShares Global Cybersecurity ETF (ASX: HACK)
The Global Cybersecurity ETF is down 0.25% to $11.95 today. This ASX ETF has risen 45% higher over the past 12 months.
The HACK ETF gives ASX investors exposure to the rapidly growing global cybersecurity sector. Among its holdings are industry giants Accenture, Cisco, and Crowdstrike.
For the half-year ended 31 December 2023, HACK reported a total net investment income of $115,914,000 and $2,725,000 in operating expenses.
This resulted in a profit of $113,189,000, up from a loss of $16,781,000 in the pcp.
The BetaShares Global Sustainability Leaders ETF (ASX: ETHI)
The Global Sustainability Leaders ETF is down 0.34% to $14.82 today. This ASX ETF has risen 31% higher over the past 12 months.
The ETHI ETF holds a basket of 300 shares from across the world that are considered climate leaders. The ASX ETF excludes tobacco, weapons, alcohol, and gambling.
The fund's biggest position is in Nvidia with a weighting of 10.4%. That's been a handy holding for the ETHI ETF given Nvidia's astonishing 278% rise over the past 12 months.
The ASX ETF also holds positions in Visa, Apple, and Home Depot.
For the half-year ended 31 December 2023, ETHI reported a total net investment income of $143,701,000 and $7,712,000 in operating expenses.
This resulted in a profit of $135,989,000, up from $126,709,000 in the pcp.
BetaShares Crypto Innovators ETF (ASX: CRYP)
The Crypto Innovators ETF was the best performer among all ETFs trading on the ASX and Cboe exchanges in 2023. As we reported, it delivered an astounding 215% in returns to investors.
It holds positions in Microstrategy, Coinbase Global and Galaxy Digital Holdings.
For the half-year ended 31 December 2023, CRYP reported a total net investment income of $35,458,000 and $287,000 in operating expenses.
This resulted in a profit of $35,171,000, up from a loss of $18,608,000 in the pcp.
Investors increasingly prefer ETFs to managed funds
Investors are increasingly shunning traditional unlisted managed funds and pouring their money into ETFs instead.
BetaShares co-founder Ilan Israelstam said ETFs received $15 billion in net inflows in 2023.
This led to Australian ETFs recording their highest collective increase in annual funds under management (FUM) ever, up 33% in 2023 to a total market cap of $177.5 billion.
Unlisted Australian managed funds had their worst year on record with net outflows of $36.9 billion.
