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.
VIDEO: HYG, SPYB: Big ETF Outflows
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