They say active management comes to the fore when markets are a mess. Unsurprisingly then, several active managers have recently forwarned investors to steer clear from "beta" products - like index-tracking ETFs, over the months ahead.
While only time will tell if a passive or active approach outperforms in this tumultuous market, it may surprise investors to learn that more than 16% of the ETFs the ASX tracks delivered positive returns for investors in FY23, while 41% returned more than the S&P/ASX 200.*
So in this episode, Livewire's Ally Selby was joined by Shaw & Partners Felicity Thomas and Apt Wealth's Sarah Gonzales for a look at the best and worst performing ETFs over the past year.
Note: This video was shot on Wednesday 6 July 2022. You can read the transcript below. *From the ASX's monthly Fund Statistics.
https://www.livewiremarkets.com/wires/buy-hold-sell-the-best-and-worst-performing-etfs-of-the-year/