Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard FTSE Europe ETF, where 10,926,733 units were destroyed, or a 3.1% decrease week over week. Among the largest underlying components of VGK, in morning trading today Sunbelt Rentals Holdings is up about 2.1%, and BW LPG is lower by about 4.4%.
And on a percentage change basis, the ETF with the biggest outflow was the BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF, which lost 50,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
VIDEO: VGK, XHYC: Big ETF Outflows
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