|  JPMorgan Short Duration Core Plus ETFJSCP | $47.20 | 0.08 | +0.16% | $1.44B | Broad credit | Active |
|  Invesco BulletShares 2032 Corporate Bond ETFBSCW | $20.66 | 0.06 | +0.29% | $1.42B | Investment grade | Bullet maturity |
|  iShares International Treasury Bond ETFIGOV | $42.27 | 0.21 | +0.50% | $1.42B | Investment grade | Vanilla |
| iShares Trust iShares ESG Aware USD Corporate Bond ETFSUSC | $23.18 | 0.08 | +0.35% | $1.41B | Investment grade | ESG |
|  Fidelity Low Duration Bond Factor ETFFLDR | $50.12 | 0.03 | +0.06% | $1.41B | Investment grade | Target duration |
|  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $63.01 | 0.53 | +0.85% | $1.40B | Investment grade | Vanilla |
|  FlexShares Ultra-Short Income FundRAVI | $75.28 | 0.03 | +0.04% | $1.40B | Investment grade | Active |
| Invesco Emerging Markets Sovereign Debt ETFPCY | $21.67 | 0.06 | +0.28% | $1.38B | Broad credit | Technical |
| PIMCO Enhanced Low Duration Active Exchange-Traded FundLDUR | $95.60 | 0.15 | +0.16% | $1.36B | Broad credit | Active |
| iShares Investment Grade Systematic Bond ETFIGEB | $45.14 | 0.13 | +0.29% | $1.36B | Investment grade | Multi-factor |
|  iShares Short Maturity Municipal Bond Active ETFMEAR | $50.28 | 0.01 | +0.02% | $1.35B | Investment grade | Active |
|  Vanguard Intermediate-Term Tax-Exempt Bond ETFVTEI | $100.61 | 0.01 | 0.00% | $1.35B | Investment grade | Vanilla |
|  VanEck CLO ETFCLOI | $52.76 | 0.00 | 0.00% | $1.32B | Broad credit | Active |
|  Eaton Vance Floating-Rate ETFEVLN | $48.91 | 0.04 | +0.07% | $1.31B | High yield | Active |
| iShares New York Muni Bond ETFNYF | $53.58 | 0.02 | +0.04% | $1.30B | Investment grade | Vanilla |
|  State Street SPDR Portfolio Long Term Corporate Bond ETFSPLB | $22.34 | 0.12 | +0.54% | $1.30B | Investment grade | Vanilla |
|  WisdomTree Voya Yield Enhanced USD Universal Bond FundUNIY | $48.62 | 0.11 | +0.23% | $1.29B | Broad credit | Multi-factor |
|  PGIM Active High Yield Bond ETFPHYL | $35.15 | 0.06 | +0.17% | $1.27B | High yield | Active |
| iShares iBonds Dec 2029 Term Treasury ETFIBTJ | $21.73 | 0.02 | +0.12% | $1.22B | Investment grade | Bullet maturity |
| Vanguard ESG U.S. Corporate Bond ETFVCEB | $62.90 | 0.23 | +0.36% | $1.22B | Investment grade | ESG |
|  AB Tax-Aware Short Duration Municipal ETFTAFI | $25.18 | 0.02 | +0.10% | $1.19B | Investment grade | Active |
| Eaton Vance Short Duration Income ETFEVSD | $51.08 | 0.04 | +0.08% | $1.18B | Broad credit | Active |
| Invesco Exchange-Traded Fund Trust II Invesco Equal Weight 0-30 Year Treasury ETFGOVI | $27.22 | 0.09 | +0.33% | $1.18B | Investment grade | Equal |
|  Capital Group Short Duration Municipal Income ETFCGSM | $26.34 | -0.01 | -0.04% | $1.16B | Investment grade | Active |
|  Janus Henderson B-BBB CLO ETFJBBB | $47.42 | 0.07 | +0.16% | $1.15B | Broad credit | Active |
|  Angel Oak Income ETFCARY | $20.84 | 0.04 | +0.17% | $1.15B | Broad credit | Active |
|  NEOS Enhanced Income 1-3 Month T-Bill ETFCSHI | $49.92 | 0.03 | +0.06% | $1.15B | Investment grade | Active |
| JPMorgan BetaBuilders U.S. Aggregate Bond ETFBBAG | $46.01 | 0.09 | +0.20% | $1.12B | Investment grade | Vanilla |
|  Franklin High Yield Corporate ETFFLHY | $24.33 | 0.08 | +0.33% | $1.11B | High yield | Active |
|  T. Rowe Price Ultra Short-Term Bond ETFTBUX | $49.85 | 0.04 | +0.08% | $1.11B | Investment grade | Active |
|  Dimensional Inflation-Protected Securities ETFDFIP | $42.27 | 0.15 | +0.34% | $1.10B | Investment grade | Active |
| FlexShares High Yield Value-Scored Bond Index FundHYGV | $40.30 | 0.10 | +0.26% | $1.10B | High yield | Fundamental |
| Invesco California AMT-Free Municipal Bond ETFPWZ | $24.28 | 0.01 | +0.04% | $1.10B | Investment grade | Vanilla |
| iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETFSUSB | $25.02 | 0.03 | +0.12% | $1.08B | Investment grade | ESG |
| Invesco BulletShares 2026 High Yield Corporate Bond ETFBSJQ | $23.20 | 0.02 | +0.06% | $1.07B | High yield | Bullet maturity |
| PIMCO Short Term Municipal Bond Active Exchange-Traded FundSMMU | $50.42 | 0.02 | +0.04% | $1.07B | Investment grade | Active |
| iShares iBonds Dec 2033 Term Corporate ETFIBDY | $25.86 | 0.09 | +0.35% | $1.07B | Investment grade | Bullet maturity |
| Invesco Taxable Municipal Bond ETFBAB | $26.95 | 0.03 | +0.13% | $1.04B | Investment grade | Vanilla |
|  BondBloxx Bloomberg Ten Year Target Duration US Treasury ETFXTEN | $45.65 | 0.16 | +0.34% | $1.03B | Investment grade | Target duration |
| FlexShares iBoxx 5-Year Target Duration TIPS Index FundTDTF | $24.26 | 0.06 | +0.25% | $1.02B | Investment grade | Target duration |
|  Neuberger Short Duration Income ETFNBSD | $50.85 | 0.03 | +0.06% | $1.02B | Broad credit | Active |
| State Street SPDR Portfolio TIPS ETFSPIP | $26.12 | 0.09 | +0.35% | $989.96M | Investment grade | Vanilla |
| Franklin U.S. Treasury Bond ETFFLGV | $20.34 | 0.05 | +0.25% | $989.30M | Investment grade | Active |
| Dimensional Global Credit ETFDGCB | $54.84 | 0.20 | +0.37% | $981.53M | Investment grade | Active |
| iShares iBonds 2026 Term High Yield and Income ETFIBHF | $22.75 | 0.04 | +0.18% | $976.19M | High yield | Bullet maturity |
| PIMCO Ultra Short Government Active ETFBILZ | $100.76 | 0.05 | +0.05% | $973.35M | Investment grade | Active |
| Invesco BulletShares 2033 Corporate Bond ETFBSCX | $21.23 | 0.07 | +0.33% | $971.50M | Investment grade | Bullet maturity |
|  First Trust Municipal High Income ETFFMHI | $48.17 | 0.02 | +0.05% | $953.47M | Investment grade | Active |
| PGIM Total Return Bond ETFPTRB | $41.67 | 0.07 | +0.17% | $938.59M | Broad credit | Active |
|  Schwab Long-Term U.S. Treasury ETFSCHQ | $31.24 | 0.13 | +0.42% | $934.23M | Investment grade | Vanilla |
|  ActivePassive Core Bond ETFAPCB | $29.45 | 0.04 | +0.14% | $926.97M | Broad credit | Active |
|  Goldman Sachs Access Investment Grade Corporate Bond ETFGIGB | $45.92 | 0.16 | +0.35% | $918.40M | Investment grade | Fundamental |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETFXEMD | $44.89 | 0.11 | +0.25% | $918.00M | Broad credit | Vanilla |
| iShares 1-3 Year International Treasury Bond ETFISHG | $76.42 | 0.22 | +0.29% | $894.60M | Investment grade | Vanilla |
| AB Short Duration High Yield ETFSYFI | $35.76 | 0.07 | +0.20% | $894.13M | High yield | Active |
| WisdomTree Yield Enhanced U.S. Aggregate Bond FundAGGY | $43.69 | 0.16 | +0.36% | $886.70M | Investment grade | Multi-factor |
| iShares iBonds Dec 2030 Term Treasury ETFIBTK | $19.64 | 0.03 | +0.13% | $861.98M | Investment grade | Bullet maturity |
| iShares iBonds Dec 2034 Term Corporate ETFIBDZ | $26.13 | 0.09 | +0.33% | $851.67M | Investment grade | Bullet maturity |
| Franklin Senior Loan ETFFLBL | $23.05 | 0.03 | +0.13% | $830.95M | High yield | Active |
| JPMorgan Inflation Managed Bond ETFJCPI | $48.66 | 0.14 | +0.29% | $828.90M | Investment grade | Active |
| Invesco BulletShares 2027 High Yield Corporate Bond ETFBSJR | $22.48 | 0.02 | +0.09% | $824.83M | High yield | Bullet maturity |
| T. Rowe Price U.S. High Yield ETFTHYF | $51.81 | 0.06 | +0.11% | $818.61M | High yield | Active |
| Goldman Sachs Access U.S. Aggregate Bond ETFGCOR | $41.25 | 0.08 | +0.19% | $800.06M | Investment grade | Fundamental |
|  American Century Diversified Corporate Bond ETFKORP | $46.85 | 0.17 | +0.36% | $799.81M | Broad credit | Active |
|  Simplify Short Term Treasury Futures Strategy ETFTUA | $20.91 | 0.05 | +0.24% | $786.84M | Investment grade | Active |
| Schwab 1-5 Year Corporate Bond ETFSCHJ | $24.70 | 0.04 | +0.16% | $778.21M | Investment grade | Vanilla |
|  Hartford Municipal Opportunities ETFHMOP | $39.08 | -0.03 | -0.09% | $749.36M | Investment grade | Active |
|  US Treasury 6 Month Bill ETFXBIL | $50.09 | 0.02 | +0.03% | $739.77M | Investment grade | Vanilla |
| iShares J.P. Morgan EM Local Currency Bond ETFLEMB | $42.32 | 0.20 | +0.47% | $736.37M | Broad credit | Vanilla |
| Franklin International Aggregate Bond ETFFLIA | $20.36 | 0.02 | +0.10% | $736.01M | Broad credit | Active |
| State Street SPDR ICE Preferred Securities ETFPSK | $31.49 | 0.11 | +0.35% | $724.27M | Broad credit | Vanilla |
| Invesco Financial Preferred ETFPGF | $14.10 | 0.06 | +0.43% | $720.51M | Broad credit | Vanilla |
|  DoubleLine Opportunistic Core Bond ETFDBND | $45.78 | 0.08 | +0.18% | $719.71M | Broad credit | Active |
| BondBloxx Bloomberg One Year Target Duration US Treasury ETFXONE | $49.39 | 0.02 | +0.04% | $715.15M | Investment grade | Target duration |
| FlexShares Credit-Scored US Corporate Bond Index FundSKOR | $48.61 | 0.08 | +0.17% | $709.72M | Investment grade | Fundamental |
| VanEck Long Muni ETFMLN | $17.62 | -0.02 | -0.11% | $701.28M | Investment grade | Vanilla |
| iShares ESG Advanced Universal USD Bond ETFEUSB | $43.52 | 0.11 | +0.25% | $700.67M | Broad credit | ESG |
|  Avantis Short-Term Fixed Income ETFAVSF | $46.70 | 0.08 | +0.17% | $700.20M | Investment grade | Active |
| Eaton Vance Short Duration Municipal Income ETFEVSM | $50.31 | 0.00 | +0.01% | $699.52M | Investment grade | Active |
| DoubleLine Mortgage ETFDMBS | $49.33 | 0.16 | +0.33% | $693.44M | Investment grade | Active |
| PIMCO 15+ Year U.S. TIPS Index Exchange-Traded FundLTPZ | $51.47 | 0.26 | +0.51% | $685.85M | Investment grade | Vanilla |
| Dimensional California Municipal Bond ETFDFCA | $50.09 | 0.02 | +0.03% | $681.63M | Investment grade | Active |
| First Trust Intermediate Duration Investment Grade Corporate ETFFIIG | $20.88 | 0.05 | +0.26% | $675.31M | Investment grade | Active |
| Dimensional Global Sustainability Fixed Income ETFDFSB | $52.25 | 0.17 | +0.32% | $673.64M | Investment grade | Active |
| First Trust Long Duration Opportunities ETFLGOV | $21.60 | 0.05 | +0.23% | $669.60M | Broad credit | Active |
| Invesco BulletShares 2028 High Yield Corporate Bond ETFBSJS | $21.88 | 0.03 | +0.14% | $655.00M | High yield | Bullet maturity |
| American Century Diversified Municipal Bond ETFTAXF | $50.49 | -0.01 | -0.02% | $643.75M | Broad credit | Active |
|  Eldridge BBB-B CLO ETFCLOZ | $26.38 | 0.02 | +0.09% | $637.67M | Broad credit | Active |
| iShares iBonds Dec 2028 Term Muni Bond ETFIBMQ | $25.48 | 0.00 | 0.00% | $637.00M | Investment grade | Bullet maturity |
| iShares iBonds Dec 2027 Term Muni Bond ETFIBMP | $25.35 | 0.00 | -0.01% | $636.28M | Investment grade | Bullet maturity |
| PIMCO Municipal Income Opportunities Active ETFMINO | $45.39 | -0.08 | -0.18% | $629.52M | Broad credit | Active |
|  Pacer Aristotle Pacific Floating Rate High Income ETFFLRT | $46.83 | 0.06 | +0.13% | $603.65M | High yield | Active |
| First Trust Short Duration Managed Municipal ETFFSMB | $20.02 | 0.00 | +0.02% | $600.45M | Broad credit | Active |
| State Street Ultra Short Term Bond ETFULST | $40.42 | 0.01 | +0.02% | $597.13M | Investment grade | Active |
|  Columbia Multi-Sector Municipal Income ETFMUST | $20.56 | -0.06 | -0.29% | $595.95M | Investment grade | Fixed asset allocation |
| JPMorgan BetaBuilders USD High Yield Corporate Bond ETFBBHY | $46.12 | 0.13 | +0.28% | $592.57M | High yield | Vanilla |
| iShares Core 10+ Year USD Bond ETFof iShares TrustILTB | $49.15 | 0.25 | +0.52% | $592.14M | Broad credit | Vanilla |
| iShares J.P. Morgan EM High Yield Bond ETFEMHY | $40.54 | 0.12 | +0.30% | $587.31M | High yield | Vanilla |
| iShares iBonds Dec 2026 Term Muni Bond ETFIBMO | $25.61 | 0.00 | -0.02% | $586.58M | Investment grade | Bullet maturity |
| Franklin Investment Grade Corporate ETFFLCO | $21.45 | 0.09 | +0.40% | $580.22M | Investment grade | Active |
