The State Street Utilities Select Sector SPDR ETF (XLU) experienced the largest outflow in the ETF market, with a decrease of 18,600,000 units, equating to a 3.5% decline compared to the previous week. This change aligns with a downturn in major components such as Nextera Energy, which fell by 0.3%, and Southern Company, down by 0.6%.
In terms of percentage decline, the iShares High Yield Corporate Bond BuyWrite Strategy ETF had the most significant outflow, shedding 2,125,000 units, which represents a substantial 35.9% decrease in its outstanding units week-over-week.
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