VXX Adds $63.85 As Fear Still Pervades Market - ETF Winners And Losers: Small-Cap Fund Flows
Portfolio Pulse from Johnny Rice
Mid-cap ETFs have seen significant changes in their net assets over the past week. Winners include Invesco BuyBack Achievers ETF (PKW) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX), which added $310.20 million and $63.85 million in AUM respectively. Losers include FT Cboe Vest U.S. Equity Deep Buffer ETF - August (DAUG) and iShares Core U.S. REIT ETF (USRT), which lost $337.71 million and $107.02 million in net assets respectively.
August 23, 2023 | 6:06 pm
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POSITIVE IMPACT
PKW added $310.20 million in AUM over the past week.
The increase in AUM indicates investor confidence in the fund, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
VXX added $63.85 million in AUM over the past week.
The increase in AUM suggests that investors are seeking exposure to market volatility, which could drive up the price of VXX in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
DAUG lost $337.71 million in net assets over the past week.
The decrease in net assets could indicate a lack of investor confidence in the fund, which could lead to a short-term decrease in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
USRT lost $107.02 million in net assets over the past week.
The decrease in net assets suggests that investors are moving away from the U.S. real estate market, which could drive down the price of USRT in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100