Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the WisdomTree U.S. Quality Dividend Growth Fund, where 37,600,000 units were destroyed, or a 17.4% decrease week over week. Among the largest underlying components of DGRW, in morning trading today Microsoft is up about 0.4%, and Apple is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the KraneShares China Alpha Index ETF, which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
VIDEO: DGRW, KCAI: Big ETF Outflows