Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Schwab Fundamental International Small Cap Company index, where 13,700,000 units were destroyed, or a 15.7% decrease week over week. Among the largest underlying components of FNDC, in morning trading today Sea is up about 0.7%, and Joyy is relatively unchanged.
And on a percentage change basis, the ETF with the biggest outflow was the XBOC ETF, which lost 1,125,000 of its units, representing a 34.4% decline in outstanding units compared to the week prior.
VIDEO: FNDC, XBOC: Big ETF Outflows
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