SVXY, DXJF: Big ETF Outflows
August 07, 2018 at 10:50 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares Short VIX Short-Term Futures ETF (SVXY), where 2,850,000 units were destroyed, or a 7.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Japan Hedged Financials Fund (DXJF), which lost 300,000 of its units, representing a 24.0% decline in outstanding units compared to the week prior.