|  State Street DoubleLine Total Return Tactical ETFTOTL | $39.56 | -0.14 | -0.36% | $4.15B | Broad credit | Active |
|  iShares California Muni Bond ETFCMF | $56.69 | -0.03 | -0.06% | $4.08B | Investment grade | Vanilla |
|  VanEck High Yield Muni ETFHYD | $49.97 | -0.13 | -0.25% | $4.08B | High yield | Vanilla |
|  Invesco BulletShares 2026 Corporate Bond ETFBSCQ | $19.50 | 0.00 | +0.03% | $4.02B | Investment grade | Bullet maturity |
| State Street SPDR Bloomberg 3-12 Month T-Bill ETFBILS | $99.38 | 0.02 | +0.02% | $4.02B | Investment grade | Vanilla |
| iShares Intermediate Government/Credit Bond ETFGVI | $106.24 | -0.24 | -0.22% | $3.84B | Investment grade | Vanilla |
| Invesco Preferred ETFPGX | $10.99 | -0.04 | -0.32% | $3.81B | Broad credit | Vanilla |
|  Vanguard World Funds Extended Duration ETFEDV | $64.73 | -0.50 | -0.77% | $3.80B | Investment grade | Vanilla |
| iShares iBonds Dec 2028 Term Corporate ETFIBDT | $25.23 | -0.03 | -0.10% | $3.80B | Investment grade | Bullet maturity |
| Invesco National AMT-Free Municipal Bond ETFPZA | $22.84 | -0.02 | -0.07% | $3.79B | Investment grade | Vanilla |
| iShares iBonds Dec 2027 Term Corporate ETFIBDS | $24.18 | -0.01 | -0.02% | $3.75B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2029 Term Corporate ETFIBDU | $23.16 | -0.02 | -0.11% | $3.69B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2026 Term Corporate ETFIBDR | $24.23 | 0.01 | +0.02% | $3.68B | Investment grade | Bullet maturity |
|  JPMorgan Limited Duration Bond ETFJPLD | $52.13 | -0.04 | -0.08% | $3.67B | Investment grade | Active |
|  Schwab Municipal Bond ETFSCMB | $25.39 | -0.01 | -0.04% | $3.59B | Investment grade | Vanilla |
| Invesco Ultra Short Duration ETFGSY | $50.09 | -0.02 | -0.03% | $3.56B | Investment grade | Active |
| State Street SPDR Nuveen ICE Short Term Municipal Bond ETFSHM | $47.82 | -0.02 | -0.03% | $3.47B | Investment grade | Vanilla |
|  First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETFFIXD | $43.47 | -0.33 | -0.76% | $3.39B | Broad credit | Active |
| Invesco BulletShares 2028 Corporate Bond ETFBSCS | $20.34 | -0.02 | -0.10% | $3.38B | Investment grade | Bullet maturity |
|  Xtrackers USD High Yield Corporate Bond ETFHYLB | $36.20 | -0.13 | -0.34% | $3.36B | High yield | Vanilla |
| First Trust Smith Unconstrained Bond ETFUCON | $24.68 | -0.17 | -0.70% | $3.21B | Broad credit | Active |
|  Janus Henderson Short Duration Income ETFVNLA | $48.98 | -0.02 | -0.05% | $3.12B | Broad credit | Active |
| Invesco Short Term Treasury ETFTBLL | $105.50 | 0.01 | 0.00% | $2.98B | Investment grade | Vanilla |
| iShares iBonds Dec 2030 Term Corporate ETFIBDV | $21.79 | -0.04 | -0.21% | $2.98B | Investment grade | Bullet maturity |
| VanEck Fallen Angel High Yield Bond ETFANGL | $28.61 | -0.12 | -0.40% | $2.97B | High yield | Fundamental |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETFHYMB | $24.70 | -0.05 | -0.18% | $2.95B | High yield | Vanilla |
| State Street SPDR Nuveen ICE Municipal Bond ETFTFI | $45.13 | -0.06 | -0.13% | $2.95B | Investment grade | Vanilla |
|  Direxion Daily 20+ Year Treasury Bull 3X ETFTMF | $35.62 | -0.66 | -1.82% | $2.90B | Investment grade | Vanilla |
|  Franklin U.S. Core Bond ETFFLCB | $21.39 | -0.08 | -0.39% | $2.88B | Investment grade | Active |
| Invesco BulletShares 2029 Corporate Bond ETFBSCT | $18.57 | -0.02 | -0.08% | $2.82B | Investment grade | Bullet maturity |
|  TCW Flexible Income ETFFLXR | $39.15 | -0.05 | -0.13% | $2.81B | Broad credit | Active |
|  PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI | $52.03 | -0.06 | -0.11% | $2.75B | Investment grade | Active |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN | $30.77 | 0.00 | +0.02% | $2.75B | Investment grade | Vanilla |
|  Capital Group Municipal High-Income ETFCGHM | $25.27 | -0.05 | -0.18% | $2.73B | Broad credit | Active |
|  Victory Portfolios II VictoryShares Core Intermediate Bond ETFUITB | $46.77 | -0.15 | -0.32% | $2.65B | Investment grade | Active |
| iShares 10+ Year Investment Grade Corporate Bond ETFIGLB | $49.26 | -0.29 | -0.58% | $2.60B | Investment grade | Vanilla |
| VanEck IG Floating Rate ETFFLTR | $25.48 | -0.01 | -0.06% | $2.60B | Investment grade | Vanilla |
|  FlexShares iBoxx 3-Year Target Duration TIPS Index FundTDTT | $24.16 | 0.00 | +0.02% | $2.54B | Investment grade | Target duration |
|  ALPS Smith Core Plus Bond ETFSMTH | $25.66 | -0.08 | -0.31% | $2.53B | Broad credit | Active |
| Invesco BulletShares 2030 Corporate Bond ETFBSCU | $16.64 | -0.04 | -0.24% | $2.44B | Investment grade | Bullet maturity |
| Invesco Variable Rate Preferred ETFVRP | $24.00 | -0.05 | -0.23% | $2.41B | Broad credit | Vanilla |
| Schwab High Yield Bond ETFSCYB | $25.91 | -0.07 | -0.29% | $2.37B | High yield | Vanilla |
| iShares iBonds Dec 2026 Term Treasury ETFIBTG | $22.89 | 0.00 | 0.00% | $2.36B | Investment grade | Bullet maturity |
| iShares 0-5 Year Investment Grade Corporate Bond ETFSLQD | $50.33 | -0.06 | -0.12% | $2.35B | Investment grade | Vanilla |
|  Dimensional Global Core Plus Fixed Income ETFDFGP | $53.69 | -0.27 | -0.50% | $2.32B | Broad credit | Active |
|  Global X 1-3 Month T-Bill ETFCLIP | $100.31 | 0.02 | +0.01% | $2.32B | Investment grade | Vanilla |
|  Hartford Total Return Bond ETFHTRB | $33.72 | -0.13 | -0.37% | $2.31B | Broad credit | Active |
| iShares iBonds Dec 2031 Term Corporate ETFIBDW | $20.82 | -0.05 | -0.26% | $2.29B | Investment grade | Bullet maturity |
| SPDR Bloomberg Emerging Markets Local Bond ETFEBND | $20.57 | -0.11 | -0.56% | $2.27B | Broad credit | Vanilla |
| First Trust Core Investment Grade ETFFTCB | $20.82 | -0.19 | -0.88% | $2.21B | Investment grade | Active |
| First Trust Senior Loan Fund ETFFTSL | $44.70 | -0.30 | -0.68% | $2.18B | High yield | Active |
| Global X U.S. Preferred ETFPFFD | $18.53 | -0.06 | -0.32% | $2.17B | Broad credit | Vanilla |
|  BNY Mellon Core Bond ETFBKAG | $41.94 | -0.14 | -0.32% | $2.16B | Investment grade | Vanilla |
|  Virtus InfraCap U.S. Preferred Stock ETFPFFA | $20.48 | -0.09 | -0.46% | $2.15B | Broad credit | Active |
| VanEck Intermediate Muni ETFITM | $46.26 | -0.07 | -0.16% | $2.15B | Investment grade | Vanilla |
| VanEck Preferred Securities ex Financials ETFPFXF | $17.66 | -0.07 | -0.42% | $2.13B | Broad credit | Vanilla |
| Vanguard California Tax-Exempt Bond ETFVTEC | $98.83 | -0.16 | -0.16% | $2.11B | Investment grade | Vanilla |
| Capital Group Short Duration Income ETFCGSD | $25.82 | -0.01 | -0.06% | $2.11B | Investment grade | Active |
| Invesco Total Return Bond ETFGTO | $46.66 | -0.12 | -0.25% | $2.09B | Broad credit | Active |
| iShares iBonds Dec 2027 Term Treasury ETFIBTH | $22.39 | -0.01 | -0.04% | $2.08B | Investment grade | Bullet maturity |
| Dimensional National Municipal Bond ETFDFNM | $47.83 | -0.03 | -0.07% | $2.05B | Investment grade | Active |
| Victory Portfolios II VictoryShares Short-Term Bond ETFUSTB | $50.55 | -0.05 | -0.11% | $2.01B | Investment grade | Active |
| First Trust Managed Municipal ETFFMB | $50.48 | -0.24 | -0.48% | $1.95B | Investment grade | Active |
| First Trust Institutional Preferred Securities and Income ETFFPEI | $18.93 | -0.18 | -0.92% | $1.90B | Broad credit | Active |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.30 | 0.00 | -0.01% | $1.89B | Investment grade | Target duration |
| Xtrackers USD High Yield BB-B ex Financials ETFBHYB | $53.72 | -0.09 | -0.16% | $1.87B | High yield | Vanilla |
| State Street SPDR Portfolio Corporate Bond ETFSPBO | $28.86 | -0.10 | -0.33% | $1.85B | Investment grade | Fundamental |
| State Street SPDR Bloomberg 1-10 Year TIPS ETFTIPX | $19.13 | 0.00 | -0.03% | $1.85B | Investment grade | Vanilla |
| Franklin Dynamic Municipal Bond ETFFLMI | $24.68 | -0.03 | -0.10% | $1.84B | Broad credit | Active |
|  T. Rowe Price QM U.S. Bond ETFTAGG | $42.42 | -0.30 | -0.71% | $1.84B | Investment grade | Active |
| iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW | $22.48 | -0.13 | -0.55% | $1.82B | Investment grade | Buy-write |
| Dimensional Ultrashort Fixed Income ETFDUSB | $50.67 | 0.02 | +0.03% | $1.81B | Investment grade | Active |
| JPMorgan International Bond Opportunities ETFJPIB | $47.69 | -0.20 | -0.43% | $1.81B | Broad credit | Active |
| Victory Portfolios II VictoryShares Core Plus Bond ETFUBND | $21.68 | -0.07 | -0.30% | $1.76B | Broad credit | Active |
| First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETFHYLS | $40.44 | -0.30 | -0.75% | $1.76B | High yield | Active |
| Vanguard Short-Term Tax-Exempt Bond ETFVTES | $101.00 | -0.08 | -0.07% | $1.74B | Investment grade | Vanilla |
| iShares Aaa - A Rated Corporate Bond ETFQLTA | $47.31 | -0.16 | -0.35% | $1.71B | Investment grade | Vanilla |
|  Simplify MBS ETFMTBA | $49.20 | -0.42 | -0.86% | $1.69B | Investment grade | Active |
|  Avantis Core Fixed Income ETFAVIG | $41.33 | -0.16 | -0.40% | $1.68B | Investment grade | Active |
| iShares Fallen Angels USD Bond ETFFALN | $26.64 | -0.09 | -0.36% | $1.63B | High yield | Fundamental |
| Invesco BulletShares 2031 Corporate Bond ETFBSCV | $16.36 | -0.05 | -0.27% | $1.62B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2032 Term Corporate ETFIBDX | $25.11 | -0.10 | -0.38% | $1.61B | Investment grade | Bullet maturity |
|  BlackRock ETF Trust II iShares AAA CLO Active ETFCLOA | $51.84 | -0.02 | -0.04% | $1.61B | Investment grade | Active |
| PIMCO Investment Grade Corporate Bond Index Exchange-Traded FundCORP | $96.39 | -0.24 | -0.25% | $1.61B | Investment grade | Vanilla |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundHYS | $92.94 | -0.21 | -0.23% | $1.60B | High yield | Vanilla |
| Vanguard Total Corporate Bond ETFVTC | $76.38 | -0.26 | -0.34% | $1.60B | Investment grade | Vanilla |
| iShares High Yield Systematic Bond ETFHYDB | $46.34 | -0.15 | -0.31% | $1.59B | High yield | Multi-factor |
| iShares iBonds Dec 2028 Term Treasury ETFIBTI | $22.20 | -0.03 | -0.11% | $1.58B | Investment grade | Bullet maturity |
| Vanguard Total World Bond ETFBNDW | $68.04 | -0.28 | -0.41% | $1.56B | Investment grade | Vanilla |
| SPDR Bloomberg International Treasury Bond ETFBWX | $21.89 | -0.15 | -0.70% | $1.50B | Investment grade | Vanilla |
| Janus Henderson Securitized Income ETFJSI | $51.58 | -0.11 | -0.22% | $1.49B | Broad credit | Active |
| First Trust Limited Duration Investment Grade Corporate ETFFSIG | $18.86 | -0.11 | -0.55% | $1.48B | Investment grade | Active |
|  AB Ultra Short Income ETFYEAR | $50.38 | -0.02 | -0.05% | $1.47B | Investment grade | Active |
| Dimensional ETF Trust Dimensional International Core Fixed Income ETFDFGX | $52.26 | -0.30 | -0.58% | $1.47B | Broad credit | Active |
| Invesco Variable Rate Investment Grade ETFVRIG | $25.02 | -0.01 | -0.04% | $1.46B | Investment grade | Active |
|  Principal Spectrum Preferred Securities Active ETFPREF | $18.88 | -0.03 | -0.16% | $1.44B | Broad credit | Active |
|  NYLI MacKay Muni Intermediate ETFMMIT | $24.11 | -0.02 | -0.06% | $1.44B | Investment grade | Active |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $63.98 | -0.55 | -0.85% | $1.41B | Investment grade | Vanilla |
| FlexShares Ultra-Short Income FundRAVI | $75.36 | -0.01 | -0.01% | $1.41B | Investment grade | Active |
| Invesco Emerging Markets Sovereign Debt ETFPCY | $20.91 | -0.11 | -0.52% | $1.39B | Broad credit | Technical |
