ETFs exposed to Energy Large Cap Stocks indices experienced impressive outflows of -$276M on Thursday, May 2nd. Investors sell-off brought the cumulative flows to almost -$2.5bn on a year-to-date basis. After a positive month of April where oil prices have been increasing, the trend is reversing. Thanks to that, the year-to-date performance stays quite positive (+12.5%) despite the huge loss and a daily performance yesterday of -2%. The segment includes 13 funds tracking 11 indices for a total of almost $14bn of assets under management.