No Underlying Index ETF Overview

With 669 ETFs traded on the U.S. markets, No Underlying Index ETFs have total assets under management of $264.77B. The average expense ratio is 0.70%. No Underlying Index ETFs can be found in the following asset classes:

  • Fixed Income
  • Asset Allocation
  • Equity
  • Alternatives
  • Commodities
  • Currency

The largest No Underlying Index ETF is the ARK Innovation ETF ARKK with $21.23B in assets. In the last trailing year, the best-performing No Underlying Index ETF was KRBN at 93.01%. The most recent ETF launched in the No Underlying Index space was the KraneShares Quadratic Deflation ETF BNDD on 09/21/21.

Top ETF Performers

VFIN Simplify Volt Fintech Disruption ETF 16.15%
VCLO Simplify Volt Cloud and Cybersecurity Disruption ETF 13.48%
FRTY Alger Mid Cap 40 ETF 11.88%
KRBN KraneShares Global Carbon ETF 11.63%
BEDZ AdvisorShares Hotel ETF 10.80%

Bottom ETF Performers

UTES Virtus Reaves Utilities ETF -5.49%
RORO ATAC US Rotation ETF -5.29%
ECLN First Trust EIP Carbon Impact ETF -3.85%
KONG Formidable Fortress ETF -3.53%
FLV American Century Focused Large Cap Value ETF -3.49%

Top Creations

SRLN SPDR Blackstone Senior Loan ETF 737.16
JEPI JPMorgan Equity Premium Income ETF 625.77
JPST JPMorgan Ultra-Short Income ETF 276.30
PULS PGIM Ultra Short Bond ETF 212.43
FPE First Trust Preferred Securities & Income ETF 170.01

Top Redemptions

ARKK ARK Innovation ETF -512.72
ARKG ARK Genomic Revolution ETF -192.77
ARKQ ARK Autonomous Technology & Robotics ETF -137.52
ARKW ARK Next Generation Internet ETF -130.28
ARKF ARK Fintech Innovation ETF -126.98

AUM Winners

BNDD KraneShares Quadratic Deflation ETF 20,258,528.00%
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ETF 4,866,497.25%
RSPY Revere Sector Opportunity ETF 875.63%
PSIL AdvisorShares Psychedelics ETF 444.50%
WLTH LifeGoal Wealth Builder ETF 391.94%

AUM Losers

TAEQ Trend Aggregation U.S. ETF -92.26%
RFEU First Trust RiverFront Dynamic Europe ETF -67.10%
TAAG Trend Aggregation Growth ETF -66.99%
TADS The Active Dividend Stock ETF -57.15%
TEGS Trend Aggregation ESG ETF -42.20%

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