No Underlying Index ETF Overview

With 927 ETFs traded on the U.S. markets, No Underlying Index ETFs have total assets under management of $310.37B. The average expense ratio is 0.68%. No Underlying Index ETFs can be found in the following asset classes:

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

The largest No Underlying Index ETF is the JPMorgan Ultra-Short Income ETF JPST with $20.41B in assets. In the last trailing year, the best-performing No Underlying Index ETF was PDBC at 31.51%. The most recent ETF launched in the No Underlying Index space was the Sprott ESG Gold ETF SESG on 08/02/22.

Top ETF Performers

CRPT First Trust SkyBridge Crypto Industry and Digital Economy ETF 59.27%
RIGZ Viridi Bitcoin Miners ETF 44.45%
TARK AXS 2X Innovation ETF 40.09%
WGMI Valkyrie Bitcoin Miners ETF 36.83%
BITS Global X Blockchain and Bitcoin Strategy ETF 33.12%

Bottom ETF Performers

BITI ProShares Short Bitcoin Strategy ETF -21.39%
SARK Tuttle Capital Short Innovation ETF -20.72%
HDGE AdvisorShares Ranger Equity Bear ETF -14.46%
PFIX Simplify Interest Rate Hedge ETF -13.43%
CYA Simplify Tail Risk Strategy ETF -13.11%

Top Creations

JEPI JPMorgan Equity Premium Income ETF 1.03K
JPST JPMorgan Ultra-Short Income ETF 853.62
FTSM First Trust Enhanced Short Maturity ETF 451.46
ARKK ARK Innovation ETF 384.92
PJUL Innovator U.S. Equity Power Buffer ETF - July 260.41

Top Redemptions

PULS PGIM Ultra Short Bond ETF -521.50
SRLN SPDR Blackstone Senior Loan ETF -288.35
FLCO Franklin Investment Grade Corporate ETF -266.00
FTSL First Trust Senior Loan Fund -230.55
JMST JPMorgan Ultra-Short Municipal Income ETF -220.55

AUM Winners

TSLQ AXS TSLA Bear Daily ETF 1,291.69%
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF 1,114.75%
SPCZ RiverNorth Enhanced Pre-Merger SPAC ETF 500.48%
GHTA Goose Hollow Tactical Allocation ETF 151.67%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF 120.48%

AUM Losers

EERN DriveWealth Power Saver ETF -99.84%
STBL DriveWealth Steady Saver ETF -98.29%
TAEQ Trend Aggregation U.S. ETF -92.26%
TADS The Active Dividend Stock ETF -89.73%
TEGS Trend Aggregation ESG ETF -74.39%

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Daily ETF Watch

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