CSD, FXP: 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 Guggenheim Spin-Off ETF (CSD), where 2.6 million units were destroyed, or a 14.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Proshares UltraShort FTSE China 25 (FXP), which lost 1.3 million of its units, representing a 17.4% decline in outstanding units compared to the week prior.