SHYG, DJUN: Big ETF Outflows
January 29, 2021 at 10:46 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 0-5 Year High Yield Corporate Bond ETF, where 16,200,000 units were destroyed, or a 12.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the DJUN ETF, which lost 300,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.