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No Underlying Index ETF Channel

No Underlying Index ETF Overview

With 362 ETFs traded in the U.S. markets, No Underlying Index ETFs gather total assets under management of $94.07B. The average expense ratio is 0.68%. 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 $11.95B in assets. In the last trailing year, the best performing No Underlying Index ETF was the DWSH at 52.21%. The most-recent ETF launched in the No Underlying Index space was the Innovator Russell 2000 Power Buffer ETF - April KAPR in 04/01/20.

Top ETF Performers

Ticker	Fund Name	% Change*
DWSH	AdvisorShares Dorsey Wright Short ETF	31.35%
HDGE	AdvisorShares Ranger Equity Bear ETF	28.00%
TAIL	Cambria Tail Risk ETF	12.66%
USDU	WisdomTree Bloomberg U.S. Dollar Bullish Fund	5.48%
FUT	ProShares Managed Futures Strategy ETF	4.98%

Bottom ETF Performers

Ticker	Fund Name	% Change*
AMZA	InfraCap MLP ETF	-63.88%
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	-56.09%
DIVY	Reality Shares DIVS ETF	-46.52%
OILK	ProShares K-1 Free Crude Oil Strategy ETF	-40.20%
PQSV	PGIM QMA Strategic Alpha Small-Cap Value ETF	-34.39%

Top Creations

Ticker	Fund Name	Net Flows*
ARKK	ARK Innovation ETF	200.94
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	181.44
DAUG	FT Cboe Vest U.S. Equity Deep Buffer ETF - August	181.22
LMBS	First Trust Low Duration Opportunities ETF	101.29
AVUS	Avantis U.S. Equity ETF	98.84

Top Redemptions

Ticker	Fund Name	Net Flows*
MINT	PIMCO Enhanced Short Maturity Active ETF	-2,494.99
JPST	JPMorgan Ultra-Short Income ETF	-1,894.33
GSY	Invesco Ultra Short Duration ETF	-642.29
ICSH	iShares Ultra Short-Term Bond ETF	-472.03
TOTL	SPDR DoubleLine Total Return Tactical ETF	-337.60

AUM Winners

Ticker	Fund Name	% Change*
DAUG	FT Cboe Vest U.S. Equity Deep Buffer ETF - August	2,063.18%
UJUN	Innovator S&P 500 Ultra Buffer ETF - June	1,420.05%
UMAR	Innovator S&P 500 Ultra Buffer ETF - March	1,122.43%
BMAR	Innovator S&P 500 Buffer ETF - March	584.13%
DNOV	FT Cboe Vest U.S. Equity Deep Buffer ETF - November	381.14%

AUM Losers

Ticker	Fund Name	% Change*
LRNZ	TrueMark Technology, AI & Deep Learning ETF	-77.58%
HECO	Strategy Shares EcoLogical Strategy ETF	-76.73%
AMZA	InfraCap MLP ETF	-65.44%
FFTG	FormulaFolios Tactical Growth ETF	-65.34%
FFSG	FormulaFolios Smart Growth ETF	-64.72%