HYG, BZF: Big ETF Outflows
January 24, 2018 at 10:50 AM EST
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 (HYG), where 9,900,000 units were destroyed, or a 5.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Brazilian Real Strategy Fund (BZF), which lost 200,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior.