SCHD, TAJX: Big ETF Outflows

ETF Channel data shows the Schwab US Dividend Equity ETF had the largest weekly outflow, with 122,700,000 units removed (down 3.9% week over week) versus the prior week. Overall, the reported flow pattern suggests mild risk-off positioning toward dividend equity exposure over the last week.

Analysis

ETF Channel data shows the Schwab US Dividend Equity ETF had the largest weekly outflow, with 122,700,000 units removed (down 3.9% week over week) versus the prior week. Overall, the reported flow pattern suggests mild risk-off positioning toward dividend equity exposure over the last week.