STOXX Europe 600 sector ETFs saw outflows of USD155.5m net outflows in the week ending 25 March, 2011.
The largest sector outflows were in utilities (USD55.1m) followed by telecommunications (USD54.9m), while oil and gas experienced net inflows of USD30.6m.
Year to date, STOXX Europe 600 sector ETFs have seen USD655.3m net inflows. Banks has seen the largest inflows with USD515.1m, followed by oil and gas with USD502.3m, while automobiles and parts experienced the largest net outflows with USD125.2m. As of 25 March 2011, there is USD10.8bn AUM invested in the STOXX sector ETFs which is more than double the USD5.1bn open interest in the sector futures. The ETF AUM is greater than the open interest in the corresponding futures contract in all 19 sectors.