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
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.