With 320 ETFs traded in the U.S. markets, No Underlying Index ETFs gather total assets under management of $96.91B. The average expense ratio is 0.67%. 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 $13.50B in assets. In the last trailing year, the best performing No Underlying Index ETF was the IETC at 21.71%. The most-recent ETF launched in the No Underlying Index space was the Innovator S&P 500 Ultra Buffer ETF - December UDEC in 12/02/19.