Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares iBoxx $ High Yield Corporate Bond ETF, where 16,100,000 units were destroyed, or a 7.4% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Defiance Daily Target 2X Long ANET ETF, which lost 320,000 of its units, representing a 38.1% decline in outstanding units compared to the week prior.
VIDEO: HYG, ANEL: Big ETF Outflows