TrackInsight: Poor performance for Technology Stocks

The Technology All Caps Stocks segment has been strongly impacted by Thursday’s broader sell-off on concerns about deteriorating relation between China and the US. The daily average performance of the 18 ETFs included in this segment was -2.27%. Despite a 1-month cumulative performance of -3.83% and the last two days of outflows (respectively $ -250 M and – $83 M on the 3^rd  and 4^th of October), the 1-month cumulated flows remain positive at $ +110 M. This segment gathers 18 ETFs, tracking 14 different indices for a total of $ 10.3 Bn.