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The broader financial market struggled throughout 2022, leading many investors to pull capital out of exchange traded funds. The top ten ETF outflow leaders have cumulatively watched $55.31B exit the door in 2022. Among the grouping included the largest gold fund, a financial sector focused ETF and the world’s largest exchange traded fund.
Here’s a breakdown of the top ten ETF outflow leaders for 2022:
Top Ten ETF Outflow Leaders:
No. 10: SPDR Gold Trust (NYSEARCA:GLD) -$2.74B
No. 9: Vanguard FTSE Europe ETF (VGK) -$3.03B
No. 8: iShares Preferred and Income Securities ETF (PFF) -$3.26B
No. 7: Schwab U.S. TIPS ETF (SCHP) -$4.13B
No. 6: PIMCO Enhanced Short Maturity Active ETF (MINT) -$4.49B
No. 5: JPMorgan BetaBuilders Europe ETF (BBEU) -$4.96
No. 4: iShares MSCI USA Value Factor ETF (VLUE) -$6.34B
No. 3: Financial Select Sector SPDR Fund (NYSEARCA:XLF) $-7.07B
No. 2: iShares TIPS Bond ETF (NYSEARCA:TIP) -$9.58B
No. 1: SPDR S&P 500 ETF Trust (NYSEARCA:SPY) -$9.71B
Data is per ETF.com.
Year-to-date price action: GLD +0.6%, VGK -18.9%, PFF -21.6%, SCHP -16.9%, MINT -2.5%, BBEU -18.9%, VLUE -17.8%, XLF -13.8%, TIP -16.8%, and SPY -19.9%.
In related exchange traded fund flow news, see the top 10 ETFs that attracted the most significant capital in 2022 here.
Image and article originally from seekingalpha.com. Read the original article here.