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HYG, EFZ: Big ETF Outflows

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 iBoxx $ High Yield Corporate Bond ETF, where 11,800,000 units were destroyed, or a 5.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Short MSCI EAFE, which lost 200,000 of its units, representing a 14.5% decline in outstanding units compared to the week prior.
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