With 339 ETFs traded in the U.S. markets, No Underlying Index ETFs gather total assets under management of $103.17B. The average expense ratio is 0.67%. No Underlying Index ETFs can be found in the following asset classes:
- Asset Allocation
- Fixed Income
The largest No Underlying Index ETF is the PIMCO Enhanced Short Maturity Active ETF MINT with $14.06B in assets. In the last trailing year, the best performing No Underlying Index ETF was the IETC at 43.03%. The most-recent ETF launched in the No Underlying Index space was the Leuthold Core ETF LCR in 01/06/20.