Major Outflows Highlight ETF Trends and Market Movements

Analyzing weekly changes in outstanding units across ETFs reported by ETF Channel, the Invesco MSCI North America Climate ETF (KLMN) experienced the largest outflow. Specifically, it saw a decrease of 20,600,000 units, amounting to a 21.3% drop compared to the previous week. In today’s morning trading, key components of KLMN, such as Apple and Nvidia, are showing contrasting performance; Apple is down approximately 1.9%, while Nvidia is up by around 0.8%.

On a percentage basis, the ETF with the most significant drop in units was the ProShares UltraShort MSCI EAFE (EFU), which lost 75,000 units. This decline corresponds to a notable 38.7% reduction in outstanding units when compared to last week.

VIDEO: KLMN, EFU: Big ETF Outflows

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