No Underlying Index ETF Overview

With 362 ETFs traded in the U.S. markets, No Underlying Index ETFs gather total assets under management of $94.07B. The average expense ratio is 0.68%. No Underlying Index ETFs can be found in the following asset classes:

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

The largest No Underlying Index ETF is the PIMCO Enhanced Short Maturity Active ETF MINT with $11.95B in assets. In the last trailing year, the best performing No Underlying Index ETF was the DWSH at 52.21%. The most-recent ETF launched in the No Underlying Index space was the Innovator Russell 2000 Power Buffer ETF - April KAPR in 04/01/20.

Top ETF Performers

DWSH AdvisorShares Dorsey Wright Short ETF 31.35%
HDGE AdvisorShares Ranger Equity Bear ETF 28.00%
TAIL Cambria Tail Risk ETF 12.66%
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund 5.48%
FUT ProShares Managed Futures Strategy ETF 4.98%

Bottom ETF Performers

AMZA InfraCap MLP ETF -63.88%
PFFA Virtus InfraCap U.S. Preferred Stock ETF -56.09%
DIVY Reality Shares DIVS ETF -46.52%
OILK ProShares K-1 Free Crude Oil Strategy ETF -40.20%
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF -34.39%

Top Creations

ARKK ARK Innovation ETF 200.94
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 181.44
DAUG FT Cboe Vest U.S. Equity Deep Buffer ETF - August 181.22
LMBS First Trust Low Duration Opportunities ETF 101.29
AVUS Avantis U.S. Equity ETF 98.84

Top Redemptions

MINT PIMCO Enhanced Short Maturity Active ETF -2,494.99
JPST JPMorgan Ultra-Short Income ETF -1,894.33
GSY Invesco Ultra Short Duration ETF -642.29
ICSH iShares Ultra Short-Term Bond ETF -472.03
TOTL SPDR DoubleLine Total Return Tactical ETF -337.60

AUM Winners

DAUG FT Cboe Vest U.S. Equity Deep Buffer ETF - August 2,063.18%
UJUN Innovator S&P 500 Ultra Buffer ETF - June 1,420.05%
UMAR Innovator S&P 500 Ultra Buffer ETF - March 1,122.43%
BMAR Innovator S&P 500 Buffer ETF - March 584.13%
DNOV FT Cboe Vest U.S. Equity Deep Buffer ETF - November 381.14%

AUM Losers

LRNZ TrueMark Technology, AI & Deep Learning ETF -77.58%
HECO Strategy Shares EcoLogical Strategy ETF -76.73%
AMZA InfraCap MLP ETF -65.44%
FFTG FormulaFolios Tactical Growth ETF -65.34%
FFSG FormulaFolios Smart Growth ETF -64.72%

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