|  Invesco BulletShares 2027 Corporate Bond ETFBSCR | $19.57 | 0.01 | +0.05% | $4.49B | Investment grade | Bullet maturity |
|  iShares iBonds Dec 2027 Term Corporate ETFIBDS | $24.14 | 0.00 | 0.00% | $4.48B | Investment grade | Bullet maturity |
|  State Street SPDR Bloomberg Short Term High Yield Bond ETFSJNK | $24.22 | -0.03 | -0.12% | $4.37B | High yield | Vanilla |
|  JPMorgan Limited Duration Bond ETFJPLD | $51.59 | 0.03 | +0.06% | $4.15B | Investment grade | Active |
| iShares iBonds Dec 2028 Term Corporate ETFIBDT | $25.04 | 0.02 | +0.10% | $4.12B | Investment grade | Bullet maturity |
| Invesco National AMT-Free Municipal Bond ETFPZA | $21.84 | -0.01 | -0.05% | $4.10B | Investment grade | Vanilla |
| iShares iBonds Dec 2029 Term Corporate ETFIBDU | $22.82 | 0.03 | +0.13% | $4.01B | Investment grade | Bullet maturity |
|  Schwab Municipal Bond ETFSCMB | $24.72 | -0.01 | -0.04% | $4.00B | Investment grade | Vanilla |
| Invesco Ultra Short Duration ETFGSY | $49.99 | 0.02 | +0.04% | $4.00B | Investment grade | Active |
| State Street SPDR Bloomberg 3-12 Month T-Bill ETFBILS | $99.39 | 0.03 | +0.03% | $3.96B | Investment grade | Vanilla |
|  Vanguard World Funds Extended Duration ETFEDV | $59.06 | 0.44 | +0.75% | $3.86B | Investment grade | Vanilla |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETFHYMB | $23.89 | 0.00 | 0.00% | $3.85B | High yield | Vanilla |
| iShares Intermediate Government/Credit Bond ETFGVI | $104.19 | 0.28 | +0.26% | $3.84B | Investment grade | Vanilla |
|  Dimensional Global Core Plus Fixed Income ETFDFGP | $52.59 | 0.15 | +0.29% | $3.73B | Broad credit | Active |
| State Street DoubleLine Total Return Tactical ETFTOTL | $38.02 | 0.09 | +0.24% | $3.72B | Broad credit | Active |
| Vanguard Short-Term Tax-Exempt Bond ETFVTES | $100.47 | 0.03 | +0.03% | $3.72B | Investment grade | Vanilla |
| Vanguard California Tax-Exempt Bond ETFVTEC | $96.82 | 0.08 | +0.08% | $3.72B | Investment grade | Vanilla |
|  TCW Flexible Income ETFFLXR | $38.10 | 0.07 | +0.18% | $3.71B | Broad credit | Active |
|  Janus Henderson Short Duration Income ETFVNLA | $48.77 | 0.02 | +0.04% | $3.67B | Broad credit | Active |
|  ALPS Smith Core Plus Bond ETFSMTH | $24.92 | 0.08 | +0.32% | $3.65B | Broad credit | Active |
|  Capital Group Municipal High-Income ETFCGHM | $24.79 | 0.04 | +0.16% | $3.64B | Broad credit | Active |
|  VanEck IG Floating Rate ETFFLTR | $25.57 | 0.00 | 0.00% | $3.61B | Investment grade | Vanilla |
| Invesco Preferred ETFPGX | $9.87 | 0.02 | +0.20% | $3.55B | Broad credit | Vanilla |
|  PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI | $51.03 | -0.04 | -0.08% | $3.55B | Investment grade | Active |
| Invesco BulletShares 2028 Corporate Bond ETFBSCS | $20.19 | 0.01 | +0.05% | $3.54B | Investment grade | Bullet maturity |
| State Street SPDR Nuveen ICE Short Term Municipal Bond ETFSHM | $47.44 | 0.01 | +0.02% | $3.51B | Investment grade | Vanilla |
| iShares iBonds Dec 2030 Term Corporate ETFIBDV | $21.32 | 0.04 | +0.19% | $3.38B | Investment grade | Bullet maturity |
|  Xtrackers USD High Yield Corporate Bond ETFHYLB | $35.35 | -0.03 | -0.08% | $3.19B | High yield | Vanilla |
|  Franklin U.S. Core Bond ETFFLCB | $20.75 | 0.04 | +0.19% | $3.16B | Investment grade | Active |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN | $30.83 | 0.00 | 0.00% | $3.15B | Investment grade | Vanilla |
|  First Trust Smith Unconstrained Bond ETFUCON | $24.01 | 0.04 | +0.17% | $3.13B | Broad credit | Active |
| Invesco BulletShares 2029 Corporate Bond ETFBSCT | $18.30 | 0.02 | +0.11% | $3.10B | Investment grade | Bullet maturity |
| Xtrackers USD High Yield BB-B ex Financials ETFBHYB | $52.75 | -0.03 | -0.05% | $3.06B | High yield | Vanilla |
| Invesco BulletShares 2026 Corporate Bond ETFBSCQ | $19.52 | 0.00 | +0.03% | $3.04B | Investment grade | Bullet maturity |
| Invesco Variable Rate Preferred ETFVRP | $23.58 | -0.07 | -0.30% | $2.99B | Broad credit | Vanilla |
| State Street SPDR Nuveen ICE Municipal Bond ETFTFI | $43.97 | 0.03 | +0.07% | $2.98B | Investment grade | Vanilla |
| VanEck Fallen Angel High Yield Bond ETFANGL | $27.68 | -0.01 | -0.04% | $2.98B | High yield | Fundamental |
| First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETFFIXD | $41.91 | 0.13 | +0.30% | $2.88B | Broad credit | Active |
| iShares iBonds Dec 2026 Term Corporate ETFIBDR | $24.24 | 0.00 | 0.00% | $2.85B | Investment grade | Bullet maturity |
| Capital Group Short Duration Income ETFCGSD | $25.48 | 0.02 | +0.08% | $2.81B | Investment grade | Active |
| Invesco BulletShares 2030 Corporate Bond ETFBSCU | $16.29 | 0.04 | +0.22% | $2.81B | Investment grade | Bullet maturity |
|  BlackRock ETF Trust II iShares AAA CLO Active ETFCLOA | $51.94 | -0.02 | -0.04% | $2.79B | Investment grade | Active |
| Dimensional Ultrashort Fixed Income ETFDUSB | $50.62 | 0.04 | +0.08% | $2.79B | Investment grade | Active |
| Schwab High Yield Bond ETFSCYB | $25.31 | -0.01 | -0.04% | $2.79B | High yield | Vanilla |
|  Victory Portfolios II VictoryShares Short-Term Bond ETFUSTB | $50.12 | 0.04 | +0.08% | $2.76B | Investment grade | Active |
|  T. Rowe Price QM U.S. Bond ETFTAGG | $41.12 | 0.07 | +0.17% | $2.75B | Investment grade | Active |
| First Trust Core Investment Grade ETFFTCB | $20.12 | 0.11 | +0.55% | $2.75B | Investment grade | Active |
| iShares iBonds Dec 2031 Term Corporate ETFIBDW | $20.26 | 0.04 | +0.20% | $2.70B | Investment grade | Bullet maturity |
| iShares 10+ Year Investment Grade Corporate Bond ETFIGLB | $47.03 | 0.08 | +0.17% | $2.65B | Investment grade | Vanilla |
| Victory Portfolios II VictoryShares Core Intermediate Bond ETFUITB | $45.39 | 0.12 | +0.27% | $2.65B | Investment grade | Active |
| Invesco Short Term Treasury ETFTBLL | $105.60 | 0.02 | +0.02% | $2.64B | Investment grade | Vanilla |
| Invesco Total Return Bond ETFGTO | $45.15 | 0.09 | +0.20% | $2.55B | Broad credit | Active |
|  Northern Trust iBoxx 3-Year Target Duration TIPS ETFTDTT | $23.55 | 0.00 | +0.02% | $2.54B | Investment grade | Target duration |
| Franklin Dynamic Municipal Bond ETFFLMI | $24.04 | 0.04 | +0.17% | $2.50B | Broad credit | Active |
| First Trust Senior Loan Fund ETFFTSL | $44.62 | 0.07 | +0.16% | $2.48B | High yield | Active |
| iShares 0-5 Year Investment Grade Corporate Bond ETFSLQD | $49.73 | 0.05 | +0.10% | $2.44B | Investment grade | Vanilla |
| iShares iBonds Dec 2027 Term Treasury ETFIBTH | $22.34 | 0.00 | -0.02% | $2.39B | Investment grade | Bullet maturity |
|  Global X 1-3 Month T-Bill ETFCLIP | $100.35 | 0.00 | 0.00% | $2.35B | Investment grade | Vanilla |
|  Fidelity Low Duration Bond Factor ETFFLDR | $49.87 | -0.15 | -0.30% | $2.31B | Investment grade | Target duration |
| JPMorgan International Bond Opportunities ETFJPIB | $46.86 | 0.05 | +0.11% | $2.31B | Broad credit | Active |
|  Virtus InfraCap U.S. Preferred Stock ETFPFFA | $18.78 | -0.09 | -0.48% | $2.26B | Broad credit | Active |
| Dimensional National Municipal Bond ETFDFNM | $47.08 | 0.00 | 0.00% | $2.25B | Investment grade | Active |
| State Street SPDR Bloomberg Emerging Markets Local Bond ETFEBND | $20.56 | 0.03 | +0.15% | $2.25B | Broad credit | Vanilla |
| VanEck Preferred Securities ex Financials ETFPFXF | $16.87 | -0.17 | -1.00% | $2.23B | Broad credit | Vanilla |
| VanEck Intermediate Muni ETFITM | $45.63 | 0.05 | +0.12% | $2.22B | Investment grade | Vanilla |
| iShares iBonds Dec 2028 Term Treasury ETFIBTI | $22.00 | 0.02 | +0.09% | $2.21B | Investment grade | Bullet maturity |
|  Hartford Total Return Bond ETFHTRB | $32.52 | -0.05 | -0.15% | $2.19B | Broad credit | Active |
| State Street SPDR Portfolio Corporate Bond ETFSPBO | $27.96 | 0.04 | +0.14% | $2.13B | Investment grade | Fundamental |
| State Street SPDR Bloomberg 1-10 Year TIPS ETFTIPX | $18.52 | 0.02 | +0.14% | $2.11B | Investment grade | Vanilla |
|  NEOS Enhanced Income 1-3 Month T-Bill ETFCSHI | $49.70 | 0.01 | +0.02% | $2.08B | Investment grade | Active |
|  Direxion Daily 20+ Year Treasury Bull 3X ETFTMF | $29.46 | 0.52 | +1.80% | $2.07B | Investment grade | Vanilla |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $58.32 | 0.50 | +0.86% | $2.03B | Investment grade | Vanilla |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.27 | 0.01 | +0.02% | $2.03B | Investment grade | Target duration |
| Vanguard Core Plus Bond ETFVPLS | $75.13 | 0.20 | +0.27% | $2.02B | Broad credit | Active |
|  Avantis Core Fixed Income ETFAVIG | $40.08 | 0.13 | +0.31% | $2.01B | Investment grade | Active |
| Victory Portfolios II VictoryShares Core Plus Bond ETFUBND | $21.00 | 0.05 | +0.24% | $1.96B | Broad credit | Active |
| T. Rowe Price Ultra Short-Term Bond ETFTBUX | $49.65 | 0.04 | +0.08% | $1.96B | Investment grade | Active |
| First Trust Managed Municipal ETFFMB | $49.25 | 0.08 | +0.16% | $1.96B | Investment grade | Active |
|  Principal Spectrum Preferred Securities Active ETFPREF | $18.40 | 0.04 | +0.19% | $1.95B | Broad credit | Active |
| Invesco Variable Rate Investment Grade ETFVRIG | $25.03 | 0.03 | +0.10% | $1.94B | Investment grade | Active |
| Vanguard Total World Bond ETFBNDW | $66.76 | 0.15 | +0.23% | $1.92B | Investment grade | Vanilla |
| Dimensional ETF Trust Dimensional International Core Fixed Income ETFDFGX | $51.59 | 0.06 | +0.11% | $1.88B | Broad credit | Active |
| Invesco BulletShares 2031 Corporate Bond ETFBSCV | $15.94 | 0.03 | +0.16% | $1.86B | Investment grade | Bullet maturity |
| First Trust Institutional Preferred Securities and Income ETFFPEI | $18.48 | 0.05 | +0.27% | $1.86B | Broad credit | Active |
| iShares iBonds Dec 2026 Term Treasury ETFIBTG | $22.89 | 0.01 | +0.04% | $1.85B | Investment grade | Bullet maturity |
| JPMorgan Short Duration Core Plus ETFJSCP | $46.34 | 0.09 | +0.19% | $1.85B | Broad credit | Active |
| Global X U.S. Preferred ETFPFFD | $17.11 | -0.01 | -0.06% | $1.85B | Broad credit | Vanilla |
| iShares iBonds Dec 2032 Term Corporate ETFIBDX | $24.36 | 0.05 | +0.23% | $1.79B | Investment grade | Bullet maturity |
| VanEck CLO ETFCLOI | $52.97 | 0.01 | +0.02% | $1.77B | Broad credit | Active |
|  Goldman Sachs Ultra Short Bond ETFGSST | $50.47 | 0.00 | 0.00% | $1.74B | Investment grade | Active |
| iShares New York Muni Bond ETFNYF | $51.99 | 0.03 | +0.06% | $1.73B | Investment grade | Vanilla |
| Vanguard Intermediate-Term Tax-Exempt Bond ETFVTEI | $98.18 | 0.14 | +0.14% | $1.72B | Investment grade | Vanilla |
|  Neuberger Short Duration Income ETFNBSD | $49.95 | 0.04 | +0.08% | $1.71B | Broad credit | Active |
|  Eaton Vance Floating-Rate ETFEVLN | $48.56 | 0.10 | +0.21% | $1.68B | High yield | Active |
| Vanguard Total Corporate Bond ETFVTC | $73.99 | 0.08 | +0.11% | $1.65B | Investment grade | Vanilla |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundHYS | $90.16 | -0.03 | -0.03% | $1.65B | High yield | Vanilla |
|  NYLIM MacKay Muni Intermediate ETFMMIT | $23.64 | 0.01 | +0.04% | $1.64B | Investment grade | Active |
| Northern Trust Ultra-Short Fixed Income ETFRAVI | $75.24 | 0.03 | +0.05% | $1.61B | Investment grade | Active |
| Capital Group Short Duration Municipal Income ETFCGSM | $26.20 | 0.03 | +0.11% | $1.61B | Investment grade | Active |
| First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETFHYLS | $39.80 | 0.06 | +0.15% | $1.60B | High yield | Active |
