SDY, DBE: Big ETF Outflows
February 12, 2020 at 10:51 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 SPDR S&P Dividend ETF, where 9,750,000 units were destroyed, or a 5.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Invesco DB Energy Fund, which lost 2,000,000 of its units, representing a 34.5% decline in outstanding units compared to the week prior.