DJ Stoxx 600 sector ETFs see USD24.6m net outflows

Dow Jones Stoxx 600 sector exchange-traded funds saw USD24.6m of net outflows during the week ending 29 January, according to a report from BlackRock.

The largest sector ETF inflows last week were in banks with USD75.0m and media with USD36.4m.

Basic resources experienced net outflows of USD92.9m.

Year-to-date, utilities has been the most popular sector with USD176.4m net new assets, followed by oil and gas with USD117.3m net inflows.

Food and beverage ETFs have been the least popular with USD104.8m net outflows YTD.




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