No Underlying Index ETF Overview

With 313 ETFs traded in the U.S. markets, No Underlying Index ETFs gather total assets under management of $90.83B. The average expense ratio is 0.66%. No Underlying Index ETFs can be found in the following asset classes:

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

The largest No Underlying Index ETF is the PIMCO Enhanced Short Maturity Active ETF MINT with $12.92B in assets. In the last trailing year, the best performing No Underlying Index ETF was the IAUF at 26.27%. The most-recent ETF launched in the No Underlying Index space was the ETFMG Sit Ultra Short ETF VALT in 10/08/19.

Top ETF Performers

DWSH AdvisorShares Dorsey Wright Short ETF 8.40%
HDGE AdvisorShares Ranger Equity Bear ETF 5.89%
BDRY Breakwave Dry Bulk Shipping ETF 5.69%
JAMF WisdomTree Japan Multifactor Fund 3.48%
UTES Virtus Reaves Utilities ETF 2.93%

Bottom ETF Performers

YOLO AdvisorShares Pure Cannabis ETF -29.01%
CNBS Amplify Seymour Cannabis ETF -27.38%
TOKE Cambria Cannabis ETF -24.29%
ARKG ARK Genomic Revolution ETF -7.66%
ARKK ARK Innovation ETF -6.92%

Top Creations

FLCB Franklin Liberty U.S. Core Bond ETF 437.74
JPST JPMorgan Ultra-Short Income ETF 433.94
ICSH iShares Ultra Short-Term Bond ETF 276.89
SRLN SPDR Blackstone / GSO Senior Loan ETF 254.19
FPE First Trust Preferred Securities & Income ETF 211.08

Top Redemptions

GSY Invesco Ultra Short Duration ETF -176.50
WBIC WBI BullBear Yield 2000 ETF -23.03
RFDI First Trust RiverFront Dynamic Developed International -19.34
ARKW ARK Web x.0 ETF -17.50
HUSE Strategy Shares U.S. Market Rotation Strategy ETF -17.01

AUM Winners

KOCT Innovator Russell 2000 Power Buffer ETF - October 866.57%
FLCB Franklin Liberty U.S. Core Bond ETF 758.06%
NOCT Innovator Nasdaq-100 Power Buffer ETF - October 602.31%
FLHY Franklin Liberty High Yield Corporate ETF 597.56%
GSST Goldman Sachs Access Ultra Short Bond ETF 258.90%

AUM Losers

RYZZ RYZZ Managed Futures Strategy Plus ETF -94.82%
PSMB Invesco Balanced Multi-Asset Allocation ETF -75.33%
WBIC WBI BullBear Yield 2000 ETF -54.57%
WBIA WBI BullBear Rising Income 2000 ETF -47.42%
USEP Innovator S&P 500 Ultra Buffer ETF - September -28.68%

Daily ETF Watch

Active Ultra Short Bond ETF Launches

Sit Fixed Income Advisors is the driving force behind new ETFMG product.

Features and News

Dude, Where's My Pot ETF Returns?

Marijuana ETFs are far underperforming the broad market.

ETF Industry Perspective

Natixis: Quest For Nontransparent Active ETFs

If approved, the structure could offer investors attractive benefits.

Daily ETF Watch

Defined Outcome ETF Lineup Expands

Two new funds launch, three existing funds reset. 

ETF Report

 ETF Launches: ECLN

Launches were sparse in August.

ETF Report

Commodities In Review: October 2019

Precious metals had a great time during an otherwise bleak month for commodity ETFs.

Daily ETF Watch

4 Active Factor ETFs Launch

Avantis follows up its debut with four more funds.

Daily ETF Watch

Invesco Grows Target Maturity ETF Family

Firm adding muni dimension to its BulletShares lineup.

Daily ETF Watch

Active Emerging Market ETF Unveiled

Newcomer Avantis focuses on factors in emerging markets in its first fund.