No Underlying Index ETF Overview

The No Underlying Index measures the performance of Investment Grade securities and is selected by a Proprietary process. Currently, 236 ETFs track the No Underlying Index with more than $57.51 B in ETP assets with an average expense ratio of 0.71%. The largest ETF is PIMCO Enhanced Short Maturity Active ETF (MINT) by PIMCO with $9.31 B in assets.


In the last 12 months, the best performing No Underlying Index ETF was the ARK Web x.0 ETF (ARKW) at 68.27%. The most-recent ETF launched by No Underlying Index was the Fidelity High Yield Factor ETF (FDHY) in June 2018.

TOP ETF PERFORMERS

ARKGARK Genomic Revolution Multi-Sector ETF10.98%
ARKKARK Innovation ETF10.48%
IEMEiShares Evolved U.S. Media and Entertainment ETF9.91%
ARKWARK Web x.0 ETF9.37%
IEDIiShares Evolved U.S. Discretionary Spending ETF6.06%

BOTTOM ETF PERFORMERS

KORAdvisorShares KIM Korea Equity ETF-9.20%
OILKProShares K-1 Free Crude Oil Strategy ETF-9.18%
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-6.79%
COMTiShares Commodities Select Strategy ETF-6.73%
RFEMFirst Trust RiverFront Dynamic Emerging Markets ETF-6.37%

top creations

SRLNSPDR Blackstone / GSO Senior Loan ETF370.87
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF369.55
MINTPIMCO Enhanced Short Maturity Active ETF348.10
JPSTJPMorgan Ultra-Short Income ETF230.48
NEARiShares Short Maturity Bond ETF205.41

top redemptions

TOTLSPDR DoubleLine Total Return Tactical ETF-92.45
HYLSFirst Trust Tactical High Yield ETF-26.16
BONDPIMCO Active Bond ETF-15.51
ARKQARK Industrial Innovation ETF-11.68
ELDWisdomTree Emerging Markets Local Debt Fund-10.98

AUM WINNERS

BATTAmplify Advanced Battery Metals and Materials ETF215.35%
FLBLFranklin Liberty Senior Loan ETF151.10%
VFMOVanguard U.S. Momentum Factor ETF74.06%
JPSTJPMorgan Ultra-Short Income ETF73.03%
BKCREX BKCM ETF70.46%

AUM LOSERS

FLTBFidelity Limited Term Bond ETF-39.67%
DWATArrow DWA Tactical ETF-28.15%
WBIIWBI BullBear Global Income ETF-20.02%
RFEUFirst Trust RiverFront Dynamic Europe-12.65%
GTOInvesco Total Return Bond ETF-12.42%

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