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HYG, ANEL: Big ETF Outflows

HYG, ANEL: Big ETF Outflows

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

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Note. For informational purposes only. Not financial advice. Past performance does not guarantee future results.