No Underlying Index ETF Overview

With 798 ETFs traded on the U.S. markets, No Underlying Index ETFs have total assets under management of $286.69B. The average expense ratio is 0.69%. No Underlying Index ETFs can be found in the following asset classes:

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

The largest No Underlying Index ETF is the JPMorgan Ultra-Short Income ETF JPST with $18.44B in assets. In the last trailing year, the best-performing No Underlying Index ETF was KRBN at 112.75%. The most recent ETF launched in the No Underlying Index space was the Dynamic Short Short-Term Volatility Futures ETF WEIX on 01/13/22.

Top ETF Performers

SARK Tuttle Capital Short Innovation ETF 24.24%
AMZA InfraCap MLP ETF 18.42%
RISR FolioBeyond Rising Rates ETF 15.89%
UMI USCF Midstream Energy Income Fund 12.01%
LBAY Leatherback Long/Short Alternative Yield ETF 11.05%

Bottom ETF Performers

TADS The Active Dividend Stock ETF -98.65%
TEGS Trend Aggregation ESG ETF -73.91%
ARKG ARK Genomic Revolution ETF -24.86%
VFIN Simplify Volt Fintech Disruption ETF -21.49%
ARKK ARK Innovation ETF -21.42%

Top Creations

JEPI JPMorgan Equity Premium Income ETF 751.03
DFSD Dimensional Short-Duration Fixed Income ETF 552.22
SRLN SPDR Blackstone Senior Loan ETF 460.19
FPE First Trust Preferred Securities & Income ETF 239.61
ICSH BlackRock Ultra Short-Term Bond ETF 178.84

Top Redemptions

IVOL Quadratic Interest Rate Volatility and Inflation Hedge ETF -946.46
MINT PIMCO Enhanced Short Maturity Active ETF -327.18
LMBS First Trust Low Duration Opportunities ETF -303.65
ARKF ARK Fintech Innovation ETF -283.09
ARKG ARK Genomic Revolution ETF -254.76

AUM Winners

EERN DriveWealth Power Saver ETF 10,599.19%
STBL DriveWealth Steady Saver ETF 5,063.59%
CVAR Cultivar ETF 3,566.24%
PPI AXS Astoria Inflation Sensitive ETF 2,140.76%
UMMA Wahed Dow Jones Islamic World ETF 1,663.19%

AUM Losers

TAEQ Trend Aggregation U.S. ETF -92.26%
TADS The Active Dividend Stock ETF -89.73%
TEGS Trend Aggregation ESG ETF -74.39%
CBTG Cabot Growth ETF -64.66%
EUCG Euclid Capital Growth ETF -57.37%

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