No Underlying Index ETF Overview

With 499 ETFs traded on the U.S. markets, No Underlying Index ETFs have total assets under management of $188.54B. The average expense ratio is 0.71%. 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 ARK Innovation ETF ARKK with $23.32B in assets. In the last trailing year, the best-performing No Underlying Index ETF was ARKG at 221.85%. The most recent ETF launched in the No Underlying Index space was the FT Cboe Vest U.S. Equity Deep Buffer ETF - January DJAN on 01/15/21.

Top ETF Performers

CNBS Amplify Seymour Cannabis ETF 36.23%
YOLO AdvisorShares Pure Cannabis ETF 30.68%
MSOS AdvisorShares Pure US Cannabis ETF 26.83%
BLOK Amplify Transformational Data Sharing ETF 23.21%
TOKE Cambria Cannabis ETF 23.08%

Bottom ETF Performers

DWSH AdvisorShares Dorsey Wright Short ETF -9.43%
TADS Trend Aggregation Dividend Stock ETF -6.76%
HDGE AdvisorShares Ranger Equity Bear ETF -5.88%
SOVB Cambria Sovereign Bond ETF -3.37%
LCG Sterling Capital Focus Equity ETF -3.27%

Top Creations

ARKK ARK Innovation ETF 3.25K
ARKG ARK Genomic Revolution ETF 3.19K
ARKW ARK Next Generation Internet ETF 824.31
ARKF ARK Fintech Innovation ETF 638.59
ARKQ ARK Autonomous Technology & Robotics ETF 480.97

Top Redemptions

MINT PIMCO Enhanced Short Maturity Active ETF -142.87
PSEP Innovator S&P 500 Power Buffer ETF - September -42.92
EMLP First Trust North American Energy Infrastructure Fund -29.99
TAIL Cambria Tail Risk ETF -27.77
FLCB Franklin Liberty U.S. Core Bond ETF -22.41

AUM Winners

EUCG Euclid Capital Growth ETF 11,955.51%
SPCX The SPAC and New Issue ETF 2,265.47%
QDEC First Trust Cboe Vest Growth-100 Buffer ETF – December 2,071.24%
JSTC Adasina Social Justice All Cap Global ETF 733.55%
SULR SmartETFs Sustainable Energy II ETF 373.07%

AUM Losers

FDIV First Trust Strategic Income ETF -35.93%
KAPR Innovator Russell 2000 Power Buffer ETF - April -31.92%
NVMZ TrueShares Structured Outcome ETF - November -23.43%
PHYL PGIM Active High Yield Bond ETF -23.32%
RFAP First Trust RiverFront Dynamic Asia Pacific -21.92%

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Daily ETF Watch

First Trust Adds January Defined Outcome ETFs

The issuer's family of defined outcome funds is almost complete.

Podcasts

ETF Working Lunch: What’s New In ETFs

Joining us is Lois Gregson, FactSet senior ETF analyst.

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Conservative ETF Reshuffles, ‘QQQ’ Sibs Hit $1B

It’s been a busy week in ETFs and it’s not Friday yet. 

Daily ETF Watch

ARK Plans Space Exploration ETF

The popular active manager is planning a new ETF.

Daily ETF Watch

Franklin Adds To Thematic ETF Line

The issuer brings to market another actively managed thematic fund.

ETF Strategist Corner

ETF Life Cycle Thrived In 2020

With record-breaking numbers of launches and closures, it was a year to remember.

Features and News

What’s Behind ETF Issuer Growth Gap

One issuer hit $2 trillion; another grew 1,000%, and that’s just the beginning.

Features and News

'Blue Wave' Lifting These ETFs

With Democrats in control of the House, Senate and White House, some sectors will benefit better than others.