COMT, ZSL: Big ETF Outflows
May 24, 2022 at 11:51 AM EDT
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 GSCI Commodity Dynamic Roll Strategy ETF, where 24,600,000 units were destroyed, or a 24.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Silver, which lost 400,000 of its units, representing a 38.4% decline in outstanding units compared to the week prior.