| Z F/m 10-Year Investment Grade Corporate Bond ETFZTEN | $52.05 | 0.04 | +0.09% | $29.15M | Investment grade | Equal |
|  iShares iBonds Oct 2031 Term TIPS ETFIBIH | $26.45 | 0.00 | -0.02% | $29.09M | Investment grade | Bullet maturity |
|  SPDR Nuveen Municipal Bond ETFMBND | $27.56 | 0.00 | +0.02% | $28.94M | Broad credit | Active |
|  Invesco Investment Grade Defensive ETFIIGD | $24.92 | 0.02 | +0.06% | $28.66M | Investment grade | Fundamental |
|  PGIM Municipal Income Opportunities ETFPMIO | $51.25 | 0.03 | +0.05% | $28.17M | Broad credit | Active |
|  Overlay Shares Municipal Bond ETFOVM | $21.65 | 0.01 | +0.05% | $28.03M | Investment grade | Active |
| M Mairs & Power Minnesota Municipal Bond ETFMINN | $22.41 | -0.02 | -0.07% | $28.01M | Investment grade | Active |
| iShares iBonds Oct 2033 Term TIPS ETFIBIJ | $26.34 | 0.00 | 0.00% | $27.66M | Investment grade | Bullet maturity |
|  BondBloxx USD High Yield Bond Healthcare Sector ETFXHYH | $36.00 | 0.07 | +0.19% | $27.00M | High yield | Vanilla |
| Invesco BulletShares 2032 High Yield Corporate Bond ETFBSJW | $25.80 | 0.12 | +0.45% | $25.80M | High yield | Bullet maturity |
|  First Trust AAA CMBS ETFCAAA | $20.58 | 0.00 | +0.02% | $25.73M | Investment grade | Active |
|  Janus Henderson Corporate Bond ETFJLQD | $42.65 | 0.05 | +0.13% | $25.59M | Investment grade | Active |
|  US Treasury 30 Year Bond ETFUTHY | $43.16 | 0.03 | +0.07% | $25.45M | Investment grade | Vanilla |
|  Cambria Tactical Yield ETFTYLD | $25.37 | 0.02 | +0.06% | $25.37M | Broad credit | Active |
|  KraneShares Asia Pacific High Income USD Bond ETFKHYB | $24.60 | 0.04 | +0.14% | $24.60M | High yield | Active |
| SPDR MarketAxess Investment Grade 400 Corporate Bond ETFLQIG | $98.02 | 0.21 | +0.21% | $24.50M | Investment grade | Vanilla |
|  JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETFBBIB | $100.24 | 0.05 | +0.05% | $23.06M | Investment grade | Vanilla |
| iShares iBonds Oct 2032 Term TIPS ETFIBII | $26.19 | 0.00 | -0.02% | $22.27M | Investment grade | Bullet maturity |
| First Trust New York Municipal High Income ETFFMNY | $26.81 | 0.03 | +0.10% | $21.45M | Investment grade | Active |
|  Eaton Vance High Yield ETFEVHY | $53.48 | 0.14 | +0.27% | $21.39M | High yield | Active |
|  Xtrackers California Municipal Bonds ETFCA | $25.13 | 0.04 | +0.16% | $21.36M | Investment grade | Vanilla |
|  Carbon Collective Short Duration Green Bond ETFCCSB | $20.32 | 0.02 | +0.12% | $21.14M | Broad credit | Active |
|  ProShares UltraPro Short 20+ Year TreasuryTTT | $63.55 | 0.05 | +0.09% | $20.57M | Investment grade | Vanilla |
| Z F/m 2-Year Investment Grade Corporate Bond ETFZTWO | $51.01 | 0.03 | +0.05% | $20.40M | Investment grade | Equal |
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETFXHYD | $38.53 | 0.08 | +0.21% | $20.23M | High yield | Vanilla |
|  Innovator 20+ Year Treasury Bond 5 Floor ETF - JulyTFJL | $20.62 | 0.01 | +0.04% | $20.14M | Investment grade | Buy-write |
|  Goldman Sachs Dynamic New York Municipal Income ETFGMNY | $50.11 | 0.09 | +0.19% | $20.04M | Broad credit | Active |
| S Performance Trust Short Term Bond ETFSTBF | $25.51 | 0.01 | +0.02% | $19.38M | Broad credit | Active |
| Xtrackers High Beta High Yield Bond ETFHYUP | $42.48 | 0.15 | +0.37% | $19.12M | High yield | Technical |
|  WisdomTree 1-3 Year Laddered Treasury FundUSSH | $51.03 | 0.02 | +0.04% | $18.37M | Investment grade | Equal |
|  RiverFront Dynamic Core IncomeRFCI | $22.91 | 0.01 | +0.04% | $18.32M | Broad credit | Active |
| WisdomTree U.S. Corporate Bond FundQIG | $45.80 | 0.08 | +0.17% | $18.32M | Investment grade | Fundamental |
|  Rareview Tax Advantaged Income ETFRTAI | $21.55 | 0.03 | +0.16% | $18.21M | Investment grade | Active |
|  VanEck China Bond ETFCBON | $22.37 | 0.01 | +0.02% | $17.89M | Investment grade | Vanilla |
| First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETFMFLX | $17.13 | 0.01 | +0.06% | $17.16M | Broad credit | Active |
|  Western Asset Bond ETFWABF | $25.74 | 0.03 | +0.12% | $16.73M | Broad credit | Active |
|  Goose Hollow Multi-Strategy Income ETFGHMS | $26.58 | 0.04 | +0.17% | $16.61M | Broad credit | Active |
|  Virtus Stone Harbor Emerging Markets High Yield Bond ETFVEMY | $27.85 | 0.23 | +0.81% | $15.28M | High yield | Active |
| Goldman Sachs Ultra Short Municipal Income ETFGUMI | $50.26 | 0.03 | +0.06% | $15.07M | Investment grade | Active |
| Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETFGSIG | $47.95 | 0.03 | +0.07% | $14.39M | Investment grade | Fundamental |
| SPDR Nuveen Municipal Bond ESG ETFMBNE | $29.37 | 0.03 | +0.10% | $13.22M | Broad credit | Active |
| ProShares Short 7-10 Year TreasuryTBX | $27.68 | 0.00 | 0.00% | $13.15M | Investment grade | Vanilla |
| Virtus Newfleet Short Duration Core Plus Bond ETFSDCP | $25.81 | 0.00 | +0.02% | $12.92M | Broad credit | Active |
|  BrandywineGLOBAL - U.S. Fixed Income ETFUSFI | $24.97 | -0.03 | -0.11% | $12.48M | Investment grade | Active |
| VanEck Moody's Analytics IG Corporate Bond ETFMIG | $22.00 | 0.06 | +0.25% | $12.10M | Investment grade | Fundamental |
|  Fidelity Sustainable Core Plus Bond ETFFSBD | $48.17 | -0.02 | -0.05% | $12.04M | Broad credit | Active |
| ProShares Trust UltraShort Lehman 7-10 Year TreasuryPST | $21.73 | -0.01 | -0.03% | $11.95M | Investment grade | Vanilla |
| BondBloxx USD High Yield Bond Energy Sector ETFXHYE | $38.80 | 0.13 | +0.35% | $11.74M | High yield | Vanilla |
|  Calamos Convertible Equity Alternative ETFCVRT | $38.15 | 0.86 | +2.31% | $11.44M | Broad credit | Active |
|  Build Bond Innovation ETFBFIX | $25.45 | 0.07 | +0.29% | $10.78M | Investment grade | Active |
|  American Beacon Ionic Inflation Protection ETFCPII | $19.18 | 0.02 | +0.08% | $10.55M | Investment grade | Active |
| Goldman Sachs Access Municipal Bond ETFGMUN | $50.77 | 0.02 | +0.03% | $10.15M | Investment grade | ESG |
|  Quadratic Deflation ETFBNDD | $101.26 | -0.25 | -0.25% | $10.13M | Investment grade | Active |
| US Treasury 20 Year Bond ETFUTWY | $45.01 | 0.02 | +0.04% | $9.90M | Investment grade | Vanilla |
|  Direxion Daily 7-10 Year Treasury Bear 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)TYO | $12.78 | -0.01 | -0.06% | $9.59M | Investment grade | Vanilla |
| US Treasury 3 Year Note ETFUTRE | $50.02 | 0.03 | +0.07% | $9.50M | Investment grade | Vanilla |
| VanEck Moody's Analytics BBB Corporate Bond ETFMBBB | $22.06 | 0.03 | +0.14% | $8.82M | Investment grade | Fundamental |
|  ETRACS Monthly Pay 2xLeveraged Preferred Stock ETNPFFL | $8.80 | 0.06 | +0.69% | $8.80M | Broad credit | Vanilla |
| Invesco High Yield Select ETFHIYS | $25.73 | 0.07 | +0.29% | $7.98M | High yield | Active |
| JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETFBBLB | $86.49 | 0.09 | +0.10% | $7.56M | Investment grade | Vanilla |
| US Treasury 7 Year Note ETFUSVN | $49.12 | 0.03 | +0.06% | $7.37M | Investment grade | Vanilla |
|  ATAC Credit Rotation ETFJOJO | $15.74 | 0.00 | 0.00% | $6.69M | Broad credit | Active |
| ProShares Ultra High YieldUJB | $78.47 | 0.41 | +0.52% | $6.28M | High yield | Vanilla |
| iShares Interest Rate Hedged U.S. Aggregate Bond ETFAGRH | $26.18 | 0.03 | +0.11% | $5.24M | Investment grade | Duration hedged |
|  Macquarie Tax-Free USA Short Term ETFSTAX | $25.52 | -0.02 | -0.07% | $5.10M | Broad credit | Active |
| Fidelity Sustainable Low Duration Bond ETFFSLD | $50.45 | 0.02 | +0.03% | $5.04M | Broad credit | Active |
| BondBloxx BBB Rated 10+ Year Corporate Bond ETFBBBL | $50.41 | 0.19 | +0.37% | $5.04M | Investment grade | Vanilla |
| Z X-Square Municipal Income ETFZTAX | $24.71 | 0.09 | +0.35% | $4.44M | Broad credit | Active |
| WisdomTree 7-10 Year Laddered Treasury FundUSIN | $51.34 | 0.04 | +0.08% | $3.08M | Investment grade | Equal |
| iShares iBonds Dec 2054 Term Treasury ETFIBGK | $24.70 | 0.01 | +0.03% | $2.47M | Investment grade | Bullet maturity |
|  Kingsbarn Tactical Bond ETFKDRN | $23.67 | 0.04 | +0.18% | $2.37M | Broad credit | Active |
|  Global X Interest Rate Volatility & Inflation Hedge ETFIRVH | $21.06 | -0.05 | -0.22% | $1.05M | Investment grade | Active |
