Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Schwab Fundamental U.S. Large Company Index, where 43,700,000 units were destroyed, or a 5.1% decrease week over week. Among the largest underlying components of FNDX, in morning trading today Apple is up about 0.5%, and Intel is lower by about 5%.
And on a percentage change basis, the ETF with the biggest outflow was the Defiance Daily Target 2X Long LLY ETF, which lost 1,390,000 of its units, representing a 37.0% decline in outstanding units compared to the week prior.
VIDEO: FNDX, LLYX: Big ETF Outflows5 Stocks Our Experts Predict Could Double In the Next Year
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