Significant ETF Outflows in HYG and SPYB

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Significant Outflows Hit Notable ETFs: iShares and SPYB Take a Dive

Weekly Performance Analysis of ETFs Shows Major Unit Losses

Looking at the current performance of ETFs tracked by ETF Channel, the iShares iBoxx $ High Yield Corporate Bond ETF experienced the largest outflow. This ETF saw a reduction of 12,100,000 units, equating to a 6.1% drop from the previous week.

In terms of percentage change, the SPYB ETF faced the most significant decline. It lost 15,000 units, translating to a hefty 37.5% decrease in outstanding units compared to the prior week.

HYG, SPYB: Big ETF OutflowsVIDEO: HYG, SPYB: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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