No Underlying Index ETF Overview

The No Underlying Index measures the performance of Investment Grade securities and is selected by a Proprietary process. Currently, 202 ETFs track the No Underlying Index with more than $43.78 B in ETP assets with an average expense ratio of 0.76%. The largest ETF is PIMCO Enhanced Short Maturity Active ETF (MINT) by PIMCO with $7.85 B in assets.


In the last 12 months, the best performing No Underlying Index ETF was the REX VolMAXX Short VIX Weekly Futures Strategy ETF (VMIN) at 189.71%. The most-recent ETF launched by No Underlying Index was the First Trust Municipal High Income ETF (FMHI) in November 2017.

TOP ETF PERFORMERS

OILKProShares K-1 Free Crude Oil Strategy ETF9.15%
ARKWARK Web x.0 ETF8.38%
KORAdvisorShares KIM Korea Equity ETF7.49%
CROCProShares UltraShort Australian Dollar6.22%
FNGAdvisorShares New Tech and Media ETF5.80%

BOTTOM ETF PERFORMERS

AMLXAmplify YieldShares Oil Hedged MLP Income ETF-10.04%
VMAXREX VolMAXX Long VIX Weekly Futures Strategy ETF-8.53%
AMZAInfraCap MLP ETF-7.30%
ARKGARK Genomic Revolution Multi-Sector ETF-5.72%
FEMBFirst Trust Emerging Markets Local Currency Bond ETF-2.62%

top creations

SRLNSPDR Blackstone / GSO Senior Loan ETF371.76
FPEFirst Trust Preferred Securities & Income ETF216.05
MINTPIMCO Enhanced Short Maturity Active ETF178.08
NEARiShares Short Maturity Bond ETF110.49
EMLPFirst Trust North American Energy Infrastructure Fund91.68

top redemptions

GSYGuggenheim Ultra Short Duration ETF-40.27
ELDWisdomTree Emerging Markets Local Debt Fund-34.83
HOLDAdvisorShares Sage Core Reserves ETF-9.95
CUMBVirtus Cumberland Municipal Bond ETF-6.42
BLHYVirtus Newfleet Dynamic Credit ETF-6.31

AUM WINNERS

DALTAnfield Capital Diversified Alternatives ETF933.20%
FIXDFirst Trust TCW Opportunistic Fixed Income ETF49.17%
FNGAdvisorShares New Tech and Media ETF44.47%
ICSHiShares Ultra Short-Term Bond ETF44.22%
TTAITrimTabs All Cap International Free-Cash-Flow ETF36.57%

AUM LOSERS

COMGGraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF-48.29%
HYGHiShares Interest Rate Hedged High Yield Bond ETF-28.53%
VMINREX VolMAXX Short VIX Weekly Futures Strategy ETF-23.51%
ELDWisdomTree Emerging Markets Local Debt Fund-15.36%
PSRPowerShares Active US Real Estate Fund-13.52%