|  Fidelity Investment Grade Securitized ETFFSEC | $42.01 | -0.27 | -0.64% | $4.52B | Investment grade | Active |
|  iShares iBonds Dec 2028 Term Corporate ETFIBDT | $24.95 | -0.01 | -0.04% | $4.10B | Investment grade | Bullet maturity |
|  Invesco National AMT-Free Municipal Bond ETFPZA | $21.54 | -0.11 | -0.51% | $4.07B | Investment grade | Vanilla |
|  JPMorgan Limited Duration Bond ETFJPLD | $51.40 | -0.06 | -0.12% | $4.03B | Investment grade | Active |
| Invesco Ultra Short Duration ETFGSY | $49.91 | 0.01 | +0.02% | $4.00B | Investment grade | Active |
|  VanEck High Yield Muni ETFHYD | $48.30 | -0.05 | -0.10% | $3.96B | High yield | Vanilla |
| iShares iBonds Dec 2029 Term Corporate ETFIBDU | $22.68 | -0.02 | -0.09% | $3.95B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2027 Term Corporate ETFIBDS | $24.12 | 0.00 | 0.00% | $3.91B | Investment grade | Bullet maturity |
|  State Street SPDR Bloomberg 3-12 Month T-Bill ETFBILS | $99.26 | 0.01 | +0.01% | $3.86B | Investment grade | Vanilla |
| State Street DoubleLine Total Return Tactical ETFTOTL | $37.60 | -0.18 | -0.48% | $3.81B | Broad credit | Active |
| iShares Intermediate Government/Credit Bond ETFGVI | $103.16 | -0.26 | -0.25% | $3.72B | Investment grade | Vanilla |
| Invesco Preferred ETFPGX | $10.24 | -0.06 | -0.58% | $3.66B | Broad credit | Vanilla |
|  TCW Flexible Income ETFFLXR | $38.01 | -0.12 | -0.30% | $3.60B | Broad credit | Active |
|  ALPS Smith Core Plus Bond ETFSMTH | $24.70 | -0.12 | -0.48% | $3.59B | Broad credit | Active |
|  Vanguard World Funds Extended Duration ETFEDV | $57.69 | -1.16 | -1.97% | $3.58B | Investment grade | Vanilla |
|  Schwab Municipal Bond ETFSCMB | $24.22 | -0.05 | -0.21% | $3.50B | Investment grade | Vanilla |
|  Dimensional Global Core Plus Fixed Income ETFDFGP | $52.17 | -0.17 | -0.32% | $3.50B | Broad credit | Active |
| Invesco BulletShares 2028 Corporate Bond ETFBSCS | $20.13 | 0.00 | 0.00% | $3.50B | Investment grade | Bullet maturity |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETFHYMB | $23.81 | -0.09 | -0.38% | $3.49B | High yield | Vanilla |
| State Street SPDR Nuveen ICE Short Term Municipal Bond ETFSHM | $46.71 | -0.18 | -0.38% | $3.46B | Investment grade | Vanilla |
|  Janus Henderson Short Duration Income ETFVNLA | $48.74 | 0.00 | 0.00% | $3.45B | Broad credit | Active |
|  Xtrackers USD High Yield Corporate Bond ETFHYLB | $35.52 | -0.09 | -0.25% | $3.42B | High yield | Vanilla |
| iShares iBonds Dec 2030 Term Corporate ETFIBDV | $21.15 | -0.05 | -0.26% | $3.27B | Investment grade | Bullet maturity |
| Invesco BulletShares 2026 Corporate Bond ETFBSCQ | $19.51 | 0.01 | +0.05% | $3.27B | Investment grade | Bullet maturity |
| VanEck IG Floating Rate ETFFLTR | $25.59 | 0.00 | 0.00% | $3.27B | Investment grade | Vanilla |
|  Capital Group Municipal High-Income ETFCGHM | $24.42 | -0.10 | -0.41% | $3.26B | Broad credit | Active |
| iShares iBonds Dec 2026 Term Corporate ETFIBDR | $24.23 | 0.01 | +0.02% | $3.22B | Investment grade | Bullet maturity |
| Vanguard California Tax-Exempt Bond ETFVTEC | $94.82 | -0.42 | -0.44% | $3.21B | Investment grade | Vanilla |
|  First Trust Smith Unconstrained Bond ETFUCON | $23.92 | -0.24 | -0.99% | $3.21B | Broad credit | Active |
| VanEck Fallen Angel High Yield Bond ETFANGL | $28.19 | -0.12 | -0.43% | $3.15B | High yield | Fundamental |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN | $30.82 | 0.01 | +0.03% | $3.10B | Investment grade | Vanilla |
| Xtrackers USD High Yield BB-B ex Financials ETFBHYB | $52.92 | -0.13 | -0.25% | $3.05B | High yield | Vanilla |
|  PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI | $49.98 | -0.27 | -0.54% | $3.05B | Investment grade | Active |
| First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETFFIXD | $41.59 | -0.40 | -0.94% | $3.03B | Broad credit | Active |
|  Franklin U.S. Core Bond ETFFLCB | $20.50 | -0.12 | -0.56% | $3.01B | Investment grade | Active |
| Invesco Variable Rate Preferred ETFVRP | $23.82 | -0.09 | -0.38% | $2.96B | Broad credit | Vanilla |
| Invesco BulletShares 2029 Corporate Bond ETFBSCT | $18.20 | -0.01 | -0.05% | $2.94B | Investment grade | Bullet maturity |
| State Street SPDR Nuveen ICE Municipal Bond ETFTFI | $43.06 | -0.20 | -0.46% | $2.91B | Investment grade | Vanilla |
| iShares 10+ Year Investment Grade Corporate Bond ETFIGLB | $46.46 | -0.53 | -1.13% | $2.87B | Investment grade | Vanilla |
| Schwab High Yield Bond ETFSCYB | $25.45 | -0.09 | -0.35% | $2.82B | High yield | Vanilla |
| Invesco BulletShares 2030 Corporate Bond ETFBSCU | $16.16 | -0.03 | -0.19% | $2.74B | Investment grade | Bullet maturity |
| Capital Group Short Duration Income ETFCGSD | $25.36 | -0.02 | -0.08% | $2.65B | Investment grade | Active |
| First Trust Core Investment Grade ETFFTCB | $19.87 | -0.20 | -1.00% | $2.64B | Investment grade | Active |
|  Victory Portfolios II VictoryShares Short-Term Bond ETFUSTB | $49.90 | -0.07 | -0.14% | $2.62B | Investment grade | Active |
| Victory Portfolios II VictoryShares Core Intermediate Bond ETFUITB | $44.87 | -0.23 | -0.51% | $2.62B | Investment grade | Active |
|  T. Rowe Price QM U.S. Bond ETFTAGG | $40.80 | -0.24 | -0.58% | $2.60B | Investment grade | Active |
| iShares iBonds Dec 2031 Term Corporate ETFIBDW | $20.10 | -0.05 | -0.25% | $2.58B | Investment grade | Bullet maturity |
| Invesco Short Term Treasury ETFTBLL | $105.48 | 0.00 | 0.00% | $2.57B | Investment grade | Vanilla |
|  Northern Trust iBoxx 3-Year Target Duration TIPS ETFTDTT | $23.20 | -0.04 | -0.15% | $2.49B | Investment grade | Target duration |
| Invesco Total Return Bond ETFGTO | $44.86 | -0.25 | -0.55% | $2.44B | Broad credit | Active |
| iShares 0-5 Year Investment Grade Corporate Bond ETFSLQD | $49.48 | -0.06 | -0.11% | $2.43B | Investment grade | Vanilla |
| First Trust Senior Loan Fund ETFFTSL | $44.63 | -0.31 | -0.69% | $2.43B | High yield | Active |
|  Virtus InfraCap U.S. Preferred Stock ETFPFFA | $20.06 | -0.15 | -0.74% | $2.42B | Broad credit | Active |
|  BNY Mellon Core Bond ETFBKAG | $40.22 | -0.21 | -0.52% | $2.40B | Investment grade | Vanilla |
|  Global X 1-3 Month T-Bill ETFCLIP | $100.27 | 0.00 | 0.00% | $2.40B | Investment grade | Vanilla |
| iShares iBonds Dec 2027 Term Treasury ETFIBTH | $22.30 | 0.01 | +0.02% | $2.40B | Investment grade | Bullet maturity |
| Vanguard Short-Term Tax-Exempt Bond ETFVTES | $98.68 | -0.32 | -0.32% | $2.37B | Investment grade | Vanilla |
| VanEck Preferred Securities ex Financials ETFPFXF | $17.68 | -0.04 | -0.23% | $2.37B | Broad credit | Vanilla |
| Franklin Dynamic Municipal Bond ETFFLMI | $23.55 | -0.12 | -0.51% | $2.33B | Broad credit | Active |
| Fidelity Low Duration Bond Factor ETFFLDR | $49.92 | -0.04 | -0.08% | $2.33B | Investment grade | Target duration |
|  BlackRock ETF Trust II iShares AAA CLO Active ETFCLOA | $51.97 | 0.00 | +0.01% | $2.30B | Investment grade | Active |
| Dimensional Ultrashort Fixed Income ETFDUSB | $50.47 | 0.00 | 0.00% | $2.28B | Investment grade | Active |
| State Street SPDR Bloomberg Emerging Markets Local Bond ETFEBND | $20.63 | -0.08 | -0.39% | $2.25B | Broad credit | Vanilla |
| Dimensional National Municipal Bond ETFDFNM | $46.18 | -0.16 | -0.35% | $2.23B | Investment grade | Active |
| JPMorgan International Bond Opportunities ETFJPIB | $46.82 | -0.19 | -0.40% | $2.21B | Broad credit | Active |
| State Street SPDR Portfolio Corporate Bond ETFSPBO | $27.72 | -0.16 | -0.57% | $2.18B | Investment grade | Fundamental |
|  Hartford Total Return Bond ETFHTRB | $32.34 | -0.21 | -0.65% | $2.17B | Broad credit | Active |
| Global X U.S. Preferred ETFPFFD | $17.84 | -0.07 | -0.39% | $2.09B | Broad credit | Vanilla |
| iShares iBonds Dec 2028 Term Treasury ETFIBTI | $21.88 | 0.00 | -0.02% | $2.04B | Investment grade | Bullet maturity |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.20 | 0.01 | +0.02% | $2.03B | Investment grade | Target duration |
| State Street SPDR Bloomberg 1-10 Year TIPS ETFTIPX | $18.20 | -0.05 | -0.27% | $2.01B | Investment grade | Vanilla |
| VanEck Intermediate Muni ETFITM | $44.24 | -0.19 | -0.43% | $2.00B | Investment grade | Vanilla |
| Victory Portfolios II VictoryShares Core Plus Bond ETFUBND | $20.80 | -0.11 | -0.55% | $2.00B | Broad credit | Active |
| iShares iBonds Dec 2026 Term Treasury ETFIBTG | $22.87 | 0.01 | +0.04% | $2.00B | Investment grade | Bullet maturity |
|  Direxion Daily 20+ Year Treasury Bull 3X ETFTMF | $27.35 | -1.09 | -3.83% | $1.99B | Investment grade | Vanilla |
| First Trust Managed Municipal ETFFMB | $48.25 | -0.36 | -0.74% | $1.97B | Investment grade | Active |
|  Avantis Core Fixed Income ETFAVIG | $39.52 | -0.22 | -0.55% | $1.96B | Investment grade | Active |
| Vanguard Total World Bond ETFBNDW | $66.04 | -0.19 | -0.28% | $1.89B | Investment grade | Vanilla |
| Vanguard Core Plus Bond ETFVPLS | $74.44 | -0.38 | -0.50% | $1.89B | Broad credit | Active |
| First Trust Institutional Preferred Securities and Income ETFFPEI | $18.59 | -0.15 | -0.80% | $1.89B | Broad credit | Active |
|  Principal Spectrum Preferred Securities Active ETFPREF | $18.47 | -0.10 | -0.54% | $1.86B | Broad credit | Active |
|  NEOS Enhanced Income 1-3 Month T-Bill ETFCSHI | $49.68 | 0.01 | +0.02% | $1.85B | Investment grade | Active |
| JPMorgan Short Duration Core Plus ETFJSCP | $46.04 | -0.08 | -0.17% | $1.83B | Broad credit | Active |
| Invesco Variable Rate Investment Grade ETFVRIG | $25.03 | 0.00 | 0.00% | $1.82B | Investment grade | Active |
| Invesco BulletShares 2031 Corporate Bond ETFBSCV | $15.80 | -0.04 | -0.25% | $1.79B | Investment grade | Bullet maturity |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundHYS | $91.05 | -0.24 | -0.26% | $1.78B | High yield | Vanilla |
| Dimensional ETF Trust Dimensional International Core Fixed Income ETFDFGX | $51.15 | -0.11 | -0.21% | $1.77B | Broad credit | Active |
| iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW | $20.66 | -0.22 | -1.08% | $1.75B | Investment grade | Buy-write |
| iShares iBonds Dec 2032 Term Corporate ETFIBDX | $24.13 | -0.08 | -0.33% | $1.74B | Investment grade | Bullet maturity |
| Vanguard Total Corporate Bond ETFVTC | $73.32 | -0.41 | -0.56% | $1.66B | Investment grade | Vanilla |
| T. Rowe Price Ultra Short-Term Bond ETFTBUX | $49.77 | 0.01 | +0.02% | $1.66B | Investment grade | Active |
| VanEck CLO ETFCLOI | $52.93 | 0.02 | +0.04% | $1.65B | Broad credit | Active |
|  Goldman Sachs Ultra Short Bond ETFGSST | $50.47 | 0.02 | +0.04% | $1.65B | Investment grade | Active |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $56.51 | -1.13 | -1.96% | $1.62B | Investment grade | Vanilla |
| iShares Fallen Angels USD Bond ETFFALN | $26.25 | -0.11 | -0.42% | $1.60B | High yield | Fundamental |
| Northern Trust Ultra-Short Fixed Income ETFRAVI | $75.18 | 0.00 | 0.00% | $1.60B | Investment grade | Active |
| iShares High Yield Systematic Bond ETFHYDB | $45.45 | -0.16 | -0.35% | $1.60B | High yield | Multi-factor |
| First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETFHYLS | $39.65 | -0.32 | -0.80% | $1.59B | High yield | Active |
| Capital Group Short Duration Municipal Income ETFCGSM | $25.84 | -0.04 | -0.15% | $1.58B | Investment grade | Active |
| Vanguard Intermediate-Term Tax-Exempt Bond ETFVTEI | $95.72 | -0.44 | -0.46% | $1.54B | Investment grade | Vanilla |
