logo
Back to Insights
 

Market Moves: Week Ending 28 March 2025

Justin Lin
Justin Lin
28 Mar 2025
Market Moves: Week Ending 28 March 2025

Short US equity funds (BBUS, SNAS) outperformed last week as US markets underwent broad de-risking in preparation for Trump’s April 2nd “Liberation Day”.1 While no specifics have been revealed apart from a sweeping tariff on all US auto imports, Trump’s media comments suggest that incoming tariffs will be all encompassing – something economists fear may bring about global economic slowdown.

Uranium equities (ATOM, URNM) underperformed as utility companies further refrained from writing long-term contracts. Long-term contracts make up roughly 70% of uranium trading volume, however utility firms are holding back as tariffs against Canada and Russian sanctions have introduced massive uncertainty into the supply chain.

There were $656.5 million in reported inflows for the week and $337.8 million in outflows, marking a week of net inflows for the Australian ETF industry.

Download our Weekly ETF Monitor here.

Looking for more ETF Express content? Check out this week’s Thematic Spotlight and Commodity Calls.

Footnotes
 

Related Funds

 

Related Insights

Subscribe

All of Global X news and product announcements directly to you

*
*
*
*

We adhere to a strict Privacy Policy governing the handling of your information. And you can, of course, opt-out any time.

logo

Material on this website is general in nature only, and does not take into account your personal objectives, financial situations or needs. Before making an investment decision, you should consider the information on this website and seek professional financial advice to assess whether a product is appropriate for you, and obtain and consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the relevant Fund, available from www.globalxetfs.com.au/funds or by calling + 61 2 8311 3488. You can also obtain a disclosure document by emailing info@globalxetfs.com.au. The information on this website has been prepared by Global X Management (AUS) Limited (ABN 13 150 433 828, Australian Financial Services Licence Number 466778) ("Global X") as product issuer of all products on this website except for Global X Physical Gold (GOLD), Silver (ETPMAG), Platinum (ETPMPT), Palladium (ETPMPD) and Precious Metals Basket (ETPMPM) which are issued by and Global X Metal Securities Australia Limited, a corporate authorised representative of Global X (CAR No: 001274650) (MSAL). No company in the Mirae Asset Group (Mirae Asset Global Investments Co., Ltd and its subsidiaries, including Global X and MSAL), nor any of their respective directors, employees or agents, make any representation or warrant as to the currency, reliability, accuracy or completeness of the information or statement of opinion or any previous or subsequent material contained on this website. To the maximum extent permitted by law, no liability or responsibility is accepted for any loss or damage as a result of any reliance on any information on this website. The content on this website may not be reproduced, distributed or published by any recipient for any purpose. Investments in any Global X product are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

Disclaimer

This document is issued by Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) and Global X is solely responsible for its issue. This document may not be reproduced, distributed or published by any recipient for any purpose. Under no circumstances is this document to be used or considered as an offer to sell, or a solicitation of an offer to buy, any securities, investments or other financial instruments. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS) which is available at www.globalxetfs.com.au. In respect of each retail product, Global X has prepared a target market determination (TMD) which describes the type of customers who the relevant retail product is likely to be appropriate for. The TMD also specifies distribution conditions and restrictions that will help ensure the relevant product is likely to reach customers in the target market. Each TMD is available at www.globalxetfs.com.au.

The information provided in this document is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information in this document, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD.

This document has been prepared by Global X from sources which Global X believes to be correct. However, none of Global X, the group of companies which Mirae Asset Global Investments Co., Ltd is the parent or their related entities, nor any of their respective directors, employees or agents make any representation or warranty as to, or assume any responsibility for the accuracy or completeness of, or any errors or omissions in, any information or statement of opinion contained in this document or in any accompanying, previous or subsequent material or presentation. To the maximum extent permitted by law, Global X and each of those persons disclaim all any responsibility or liability for any loss or damage which may be suffered by any person relying upon any information contained in, or any omissions from, this document.

Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of Global X, the group of companies of which Mirae Asset Global Investments Co., Ltd is the parent, or their related entities, nor any respective directors, employees or agents guarantees the performance of any products issued by Global X or the repayment of capital or any particular rate of return therefrom.

The value or return of an investment will fluctuate and an investor may lose some or all of their investment. All fees and costs are inclusive of GST and net of any applicable input tax credits and reduced input tax credits, and are shown without any other adjustment in relation to any tax deduction available to Global X. Past performance is not a reliable indicator of future performance.