For the second consecutive week equity exchange-traded funds experienced net outflows, handing back some $2.8 billion, while their conventional mutual fund brethren took in $0.5 billion—for their twenty-second consecutive week of net inflows, according to Lipper data.

Given the recent concerns over China’s slowing growth rate, interest-rate-sensitive securities and defensive issues, and tapering quantitative easing, it wasn’t surprising to see SPDR S&P 500 ETF (-$2.6 billion), iShares MSCI Emerging Markets Fund (-$2.2 million), and Health Care Select Sector SPDR (-$0.5 million) at the bottom of the pack for ETFs, according to Tom Roseen, head of research at Lipper.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.