With 260 ETFs traded in the U.S. markets, No Underlying Index ETFs gather total assets under management of $70.08B. The average expense ratio is 0.69%. No Underlying Index ETFs can be found in the following asset classes:
- Fixed Income
- Asset Allocation
The largest No Underlying Index ETF is the PIMCO Enhanced Short Maturity Active ETF MINT with $12.11B in assets. In the last trailing year, the best performing No Underlying Index ETF was the ARKK at 15.63%. The most-recent ETF launched in the No Underlying Index space was the PGIM QMA Strategic Alpha Small-Cap Growth ETF PQSG in 11/13/18.