For the under hat just use \underaccent{\check}; for the wide under hat, typeset the wide hat over a phantom of the argument, then flip it vertically, raising it by a suitable amount. Then overlap the flipped accent to the text.
\documentclass{article}
\usepackage{amsmath}
\usepackage{accents}
\usepackage{graphicx}
\newcommand{\uhat}{\underaccent{\check}}
\newcommand{\uwidehat}[1]{%
\mathpalette\douwidehat{#1}%
}
\makeatletter
\newcommand{\douwidehat}[2]{%
\sbox0{$\m@th#1\widehat{\hphantom{#2}}$}%
\sbox2{$\m@th#1x$}
\sbox4{$\m@th#1#2$}
\dimen0=\ht0
\advance\dimen0 -.8\ht2
\dimen2=\dp4
\rlap{%
\raisebox{\dimexpr\dimen0-\dimen2}{%
\scalebox{1}[-1]{\box0}%
}%
}%
{#2}%
}
\makeatother
\begin{document}
$\hat{a}\uhat{a}$
$\uwidehat{aaa}\uwidehat{fg}X_{\uwidehat{abc}}$
\end{document}

According to Barbara Beeton's, Unicode recommends that accents should not be flipped if set below. So I provide also a non flipped version.
\documentclass{article}
\usepackage{amsmath}
\usepackage{accents}
\usepackage{graphicx}
\newcommand{\uhat}{\underaccent{\hat}}
\newcommand{\uwidehat}[1]{%
\mathpalette\douwidehat{#1}%
}
\makeatletter
\newcommand{\douwidehat}[2]{%
\sbox0{$\m@th#1\widehat{\hphantom{#2}}\vphantom{t}$}%
\sbox2{$t$}%
\dimen2=\ht0
\advance\dimen2 -\ht2
\sbox2{$#2$}%
\dimen0=\ht0
\rlap{%
\raisebox{\dimexpr-\dimen0-\dp2-1pt}[0pt][\dimexpr\dimen2+\dp2]{\box0}%
}
{#2}%
}
\makeatother
\begin{document}
$\hat{a}\uhat{a}$
$\uwidehat{aaa}\uwidehat{fg}X_{\uwidehat{abc}}$
\end{document}

Note that the whole construction is turned into an ordinary atom (which always happens with other underaccents), so in case you want to use it for an operation or relation symbol, you have to say something like
$a \mathbin{\uwidehat{+}} b$
that will produce

I used the second version, but it's the same for the flipped version. (Thanks to wipet for noting the problem in the original version.)
\textsubcircum. (confusing name, i know, but it was already assigned in the tipa fonts, and there has been an effort made to avoid assigning additional names. take a look in the comprehensive symbols list.) – barbara beeton May 02 '15 at 20:42