With 550 ETFs traded on the U.S. markets, No Underlying Index ETFs have total assets under management of $201.45B. The average expense ratio is 0.72%. No Underlying Index ETFs can be found in the following asset classes:
- Asset Allocation
- Fixed Income
The largest No Underlying Index ETF is the ARK Innovation ETF ARKK with $24.43B in assets. In the last trailing year, the best-performing No Underlying Index ETF was BLOK at 204.11%. The most recent ETF launched in the No Underlying Index space was the AdvisorShares Hotel ETF BEDZ on 04/21/21.