No Underlying Index ETF Overview

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
  • Equity
  • Alternatives
  • Fixed Income
  • Commodities
  • Currency

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.

Top ETF Performers

YOLO AdvisorShares Pure Cannabis ETF 12.90%
ARKW ARK Next Generation Internet ETF 12.16%
GIGE SoFi Gig Economy ETF 10.07%
BATT Amplify Advanced Battery Metals and Materials ETF 9.98%
TOKE Cambria Cannabis ETF 9.75%

Bottom ETF Performers

BDRY Breakwave Dry Bulk Shipping ETF -24.91%
HDGE AdvisorShares Ranger Equity Bear ETF -7.14%
OILK ProShares K-1 Free Crude Oil Strategy ETF -3.32%
AOIL Aberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF -2.71%
DWSH AdvisorShares Dorsey Wright Short ETF -2.28%

Top Creations

MINT PIMCO Enhanced Short Maturity Active ETF 348.43
SRLN SPDR Blackstone / GSO Senior Loan ETF 266.69
JPST JPMorgan Ultra-Short Income ETF 211.81
ICSH iShares Ultra Short-Term Bond ETF 183.61
NEAR iShares Short Maturity Bond ETF 175.91

Top Redemptions

COMT iShares Commodities Select Strategy ETF -202.76
FLTB Fidelity Limited Term Bond ETF -76.45
ULTR IQ Ultra Short Duration ETF -47.62
WTMF WisdomTree Managed Futures Strategy Fund -39.35
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF -36.98

AUM Winners

RPAR RPAR Risk Parity ETF 1,595.71%
VALT ETFMG Sit Ultra Short ETF 1,354.18%
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 1,227.23%
DBEH iM DBi Hedge Strategy ETF 563.86%
EJAN Innovator MSCI Emerging Markets Power Buffer ETF - January 554.77%

AUM Losers

BNOV Innovator S&P 500 Buffer ETF - November -57.05%
PSMG Invesco Growth Multi-Asset Allocation ETF -49.85%
TBND Tactical Income ETF -43.63%
ULTR IQ Ultra Short Duration ETF -35.41%
FLHY Franklin Liberty High Yield Corporate ETF -26.17%

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