FXI, IBHC: 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 China Large-Cap ETF, where 9,600,000 units were destroyed, or a 9.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares iBonds 2023 Term High Yield and Income ETF, which lost 200,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior.