No Underlying Index ETF Overview

With 669 ETFs traded on the U.S. markets, No Underlying Index ETFs have total assets under management of $264.77B. The average expense ratio is 0.70%. No Underlying Index ETFs can be found in the following asset classes:

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

The largest No Underlying Index ETF is the ARK Innovation ETF ARKK with $21.23B in assets. In the last trailing year, the best-performing No Underlying Index ETF was KRBN at 93.01%. The most recent ETF launched in the No Underlying Index space was the KraneShares Quadratic Deflation ETF BNDD on 09/21/21.

Top ETF Performers

VFIN Simplify Volt Fintech Disruption ETF 16.15%
VCLO Simplify Volt Cloud and Cybersecurity Disruption ETF 13.48%
FRTY Alger Mid Cap 40 ETF 11.88%
KRBN KraneShares Global Carbon ETF 11.63%
BEDZ AdvisorShares Hotel ETF 10.80%

Bottom ETF Performers

UTES Virtus Reaves Utilities ETF -5.49%
RORO ATAC US Rotation ETF -5.29%
ECLN First Trust EIP Carbon Impact ETF -3.85%
KONG Formidable Fortress ETF -3.53%
FLV American Century Focused Large Cap Value ETF -3.49%

Top Creations

SRLN SPDR Blackstone Senior Loan ETF 737.16
JEPI JPMorgan Equity Premium Income ETF 625.77
JPST JPMorgan Ultra-Short Income ETF 276.30
PULS PGIM Ultra Short Bond ETF 212.43
FPE First Trust Preferred Securities & Income ETF 170.01

Top Redemptions

ARKK ARK Innovation ETF -512.72
ARKG ARK Genomic Revolution ETF -192.77
ARKQ ARK Autonomous Technology & Robotics ETF -137.52
ARKW ARK Next Generation Internet ETF -130.28
ARKF ARK Fintech Innovation ETF -126.98

AUM Winners

BNDD KraneShares Quadratic Deflation ETF 20,258,528.00%
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ETF 4,866,497.25%
RSPY Revere Sector Opportunity ETF 875.63%
PSIL AdvisorShares Psychedelics ETF 444.50%
WLTH LifeGoal Wealth Builder ETF 391.94%

AUM Losers

TAEQ Trend Aggregation U.S. ETF -92.26%
RFEU First Trust RiverFront Dynamic Europe ETF -67.10%
TAAG Trend Aggregation Growth ETF -66.99%
TADS The Active Dividend Stock ETF -57.15%
TEGS Trend Aggregation ESG ETF -42.20%

Bitcoin & Crypto

China Bans Trading Of Crypto

The world’s second largest economy calls the asset class illicit. Analysis

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Building a core satellite ETF portfolio can give investors the best of two worlds.

Daily ETF Watch

Hartford Funds Adds Sustainable Bond ETF

The issuer rolled out an actively managed bond ETF that comes with ESG screens.

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Quadratic Launches Deflation ETF

The fund takes a different view than Quadratic’s first ETF that has proven popular with investors.

Features and News

Options Based ETFs Can Tame Risk

Options-based ETFs give advisors a way to address the combination of risks in today’s markets.

Bitcoin & Crypto

First Trust Launches Crypto Industry ETF

The fund is subadvised by Anthony Scaramucci's SkyBridge.

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Yield Focused Premerger SPAC ETF Debuts

CrossingBridge Advisors believes it can find short-term yields higher than government bonds.

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ETF Odds & Ends: A Raft Of Closures

Plus, a new round of Invesco BulletShares ETFs debut.

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Active Psychedelics ETF Launches

Psychedelic drugs can be used to treat a range of mental health and neurological issues.