|  iShares Convertible Bond ETFICVT | $99.19 | 0.01 | +0.01% | $4.02B | Broad credit | Vanilla |
|  Xtrackers USD High Yield Corporate Bond ETFHYLB | $36.88 | 0.03 | +0.10% | $4.00B | High yield | Vanilla |
|  Vanguard World Funds Extended Duration ETFEDV | $65.85 | -0.14 | -0.21% | $3.99B | Investment grade | Vanilla |
|  Invesco Preferred ETFPGX | $11.22 | 0.00 | +0.04% | $3.99B | Broad credit | Vanilla |
|  Capital Group U.S. Multi-Sector Income ETFCGMS | $27.68 | 0.00 | -0.02% | $3.90B | Broad credit | Active |
|  State Street SPDR Bloomberg 3-12 Month T-Bill ETFBILS | $99.20 | 0.02 | +0.03% | $3.84B | Investment grade | Vanilla |
| iShares Intermediate Government/Credit Bond ETFGVI | $107.50 | -0.02 | -0.01% | $3.83B | Investment grade | Vanilla |
| iShares California Muni Bond ETFCMF | $57.42 | 0.02 | +0.03% | $3.78B | Investment grade | Vanilla |
|  iShares Short Duration Bond Active ETFNEAR | $51.12 | 0.01 | +0.01% | $3.76B | Investment grade | Active |
| iShares iBonds Dec 2026 Term Corporate ETFIBDR | $24.21 | 0.00 | +0.02% | $3.70B | Investment grade | Bullet maturity |
| Capital Group Core Bond ETFCGCB | $26.57 | 0.00 | +0.02% | $3.62B | Investment grade | Active |
| iShares iBonds Dec 2028 Term Corporate ETFIBDT | $25.46 | 0.00 | +0.02% | $3.53B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2027 Term Corporate ETFIBDS | $24.27 | 0.00 | 0.00% | $3.52B | Investment grade | Bullet maturity |
| State Street SPDR Nuveen ICE Short Term Municipal Bond ETFSHM | $47.95 | 0.03 | +0.07% | $3.51B | Investment grade | Vanilla |
|  First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETFFIXD | $44.44 | -0.02 | -0.03% | $3.46B | Broad credit | Active |
| iShares iBonds Dec 2029 Term Corporate ETFIBDU | $23.43 | -0.01 | -0.03% | $3.37B | Investment grade | Bullet maturity |
| Invesco National AMT-Free Municipal Bond ETFPZA | $23.21 | 0.00 | +0.02% | $3.28B | Investment grade | Vanilla |
| Invesco Ultra Short Duration ETFGSY | $50.24 | 0.00 | +0.01% | $3.24B | Investment grade | Active |
| First Trust Smith Unconstrained Bond ETFUCON | $25.20 | 0.00 | +0.02% | $3.18B | Broad credit | Active |
| Invesco BulletShares 2028 Corporate Bond ETFBSCS | $20.59 | -0.01 | -0.02% | $3.15B | Investment grade | Bullet maturity |
|  VanEck Fallen Angel High Yield Bond ETFANGL | $29.39 | 0.02 | +0.05% | $3.13B | High yield | Fundamental |
|  JPMorgan Limited Duration Bond ETFJPLD | $52.53 | 0.01 | +0.03% | $3.04B | Investment grade | Active |
| State Street SPDR Nuveen ICE Municipal Bond ETFTFI | $45.70 | 0.00 | +0.01% | $3.01B | Investment grade | Vanilla |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETFHYMB | $24.91 | 0.04 | +0.14% | $2.89B | High yield | Vanilla |
|  Janus Henderson Short Duration Income ETFVNLA | $49.13 | 0.00 | +0.01% | $2.86B | Broad credit | Active |
| iShares 10+ Year Investment Grade Corporate Bond ETFIGLB | $50.78 | -0.04 | -0.07% | $2.78B | Investment grade | Vanilla |
|  Franklin U.S. Core Bond ETFFLCB | $21.68 | -0.02 | -0.07% | $2.77B | Investment grade | Active |
|  Victory Portfolios II VictoryShares Core Intermediate Bond ETFUITB | $47.48 | 0.00 | 0.00% | $2.71B | Investment grade | Active |
|  Schwab Municipal Bond ETFSCMB | $25.75 | 0.00 | -0.02% | $2.71B | Investment grade | Vanilla |
| iShares iBonds Dec 2030 Term Corporate ETFIBDV | $22.11 | 0.00 | +0.02% | $2.69B | Investment grade | Bullet maturity |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN | $30.73 | 0.01 | +0.03% | $2.68B | Investment grade | Vanilla |
| Invesco BulletShares 2029 Corporate Bond ETFBSCT | $18.86 | 0.00 | -0.03% | $2.57B | Investment grade | Bullet maturity |
| VanEck IG Floating Rate ETFFLTR | $25.46 | 0.00 | +0.02% | $2.54B | Investment grade | Vanilla |
|  FlexShares iBoxx 3-Year Target Duration TIPS Index FundTDTT | $24.07 | 0.02 | +0.06% | $2.54B | Investment grade | Target duration |
|  PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI | $52.56 | 0.00 | +0.01% | $2.51B | Investment grade | Active |
| Capital Group Municipal High-Income ETFCGHM | $25.45 | 0.00 | -0.02% | $2.46B | Broad credit | Active |
|  TCW Flexible Income ETFFLXR | $39.62 | 0.04 | +0.09% | $2.44B | Broad credit | Active |
| First Trust Senior Loan Fund ETFFTSL | $45.88 | -0.02 | -0.05% | $2.35B | High yield | Active |
|  ALPS Smith Core Plus Bond ETFSMTH | $26.13 | -0.01 | -0.04% | $2.35B | Broad credit | Active |
| iShares 0-5 Year Investment Grade Corporate Bond ETFSLQD | $50.73 | 0.00 | -0.01% | $2.33B | Investment grade | Vanilla |
| iShares iBonds Dec 2026 Term Treasury ETFIBTG | $22.88 | 0.00 | 0.00% | $2.33B | Investment grade | Bullet maturity |
| Invesco Variable Rate Preferred ETFVRP | $24.36 | 0.04 | +0.14% | $2.33B | Broad credit | Vanilla |
| Invesco BulletShares 2030 Corporate Bond ETFBSCU | $16.95 | -0.02 | -0.09% | $2.23B | Investment grade | Bullet maturity |
| SPDR Bloomberg Emerging Markets Local Bond ETFEBND | $21.39 | 0.03 | +0.12% | $2.23B | Broad credit | Vanilla |
| Invesco Short Term Treasury ETFTBLL | $105.64 | 0.02 | +0.01% | $2.23B | Investment grade | Vanilla |
|  Global X U.S. Preferred ETFPFFD | $18.96 | -0.09 | -0.50% | $2.20B | Broad credit | Vanilla |
| VanEck Intermediate Muni ETFITM | $47.15 | 0.01 | +0.01% | $2.13B | Investment grade | Vanilla |
|  Dimensional Global Core Plus Fixed Income ETFDFGP | $54.20 | -0.02 | -0.05% | $2.13B | Broad credit | Active |
| iShares iBonds Dec 2031 Term Corporate ETFIBDW | $21.20 | 0.00 | -0.02% | $2.09B | Investment grade | Bullet maturity |
|  Hartford Total Return Bond ETFHTRB | $34.23 | -0.25 | -0.74% | $2.07B | Broad credit | Active |
|  BNY Mellon Core Bond ETFBKAG | $42.51 | -0.02 | -0.05% | $2.06B | Investment grade | Vanilla |
|  Virtus InfraCap U.S. Preferred Stock ETFPFFA | $21.63 | 0.02 | +0.12% | $2.04B | Broad credit | Active |
| Global X 1-3 Month T-Bill ETFCLIP | $100.09 | -0.30 | -0.29% | $2.04B | Investment grade | Vanilla |
| VanEck Preferred Securities ex Financials ETFPFXF | $17.75 | 0.05 | +0.31% | $2.04B | Broad credit | Vanilla |
| Invesco Total Return Bond ETFGTO | $47.54 | -0.02 | -0.03% | $2.02B | Broad credit | Active |
| Schwab High Yield Bond ETFSCYB | $26.45 | 0.02 | +0.09% | $2.01B | High yield | Vanilla |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.24 | -0.16 | -0.33% | $1.96B | Investment grade | Target duration |
| First Trust Managed Municipal ETFFMB | $51.14 | 0.00 | -0.01% | $1.94B | Investment grade | Active |
| iShares iBonds Dec 2027 Term Treasury ETFIBTH | $22.48 | 0.01 | +0.04% | $1.93B | Investment grade | Bullet maturity |
| Dimensional National Municipal Bond ETFDFNM | $48.16 | -0.01 | -0.01% | $1.92B | Investment grade | Active |
| Capital Group Short Duration Income ETFCGSD | $26.02 | 0.00 | +0.02% | $1.87B | Investment grade | Active |
| iShares Fallen Angels USD Bond ETFFALN | $27.32 | 0.02 | +0.05% | $1.86B | High yield | Fundamental |
| First Trust Institutional Preferred Securities and Income ETFFPEI | $19.41 | 0.00 | -0.03% | $1.83B | Broad credit | Active |
| State Street SPDR Portfolio Corporate Bond ETFSPBO | $29.43 | -0.02 | -0.05% | $1.80B | Investment grade | Fundamental |
| First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETFHYLS | $41.84 | 0.01 | +0.02% | $1.77B | High yield | Active |
| State Street SPDR Bloomberg 1-10 Year TIPS ETFTIPX | $19.11 | 0.00 | +0.03% | $1.77B | Investment grade | Vanilla |
| iShares Aaa - A Rated Corporate Bond ETFQLTA | $48.24 | -0.04 | -0.07% | $1.73B | Investment grade | Vanilla |
| First Trust Core Investment Grade ETFFTCB | $21.25 | -0.02 | -0.07% | $1.72B | Investment grade | Active |
| Victory Portfolios II VictoryShares Short-Term Bond ETFUSTB | $50.84 | -0.01 | -0.01% | $1.72B | Investment grade | Active |
|  Simplify MBS ETFMTBA | $50.45 | -0.01 | -0.01% | $1.68B | Investment grade | Active |
| Dimensional Ultrashort Fixed Income ETFDUSB | $50.65 | 0.02 | +0.03% | $1.67B | Investment grade | Active |
| iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW | $22.82 | -0.02 | -0.07% | $1.67B | Investment grade | Buy-write |
| iShares High Yield Systematic Bond ETFHYDB | $47.41 | 0.04 | +0.07% | $1.66B | High yield | Multi-factor |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $65.95 | -0.19 | -0.28% | $1.63B | Investment grade | Vanilla |
| Victory Portfolios II VictoryShares Core Plus Intermediate Bond ETFUBND | $22.02 | 0.00 | -0.02% | $1.57B | Broad credit | Active |
| Xtrackers USD High Yield BB-B ex Financials ETFBHYB | $54.54 | 0.01 | +0.02% | $1.56B | High yield | Vanilla |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundHYS | $95.50 | 0.07 | +0.08% | $1.53B | High yield | Vanilla |
|  T. Rowe Price QM U.S. Bond ETFTAGG | $43.13 | 0.00 | -0.01% | $1.53B | Investment grade | Active |
| Vanguard California Tax-Exempt Bond ETFVTEC | $100.19 | 0.03 | +0.03% | $1.53B | Investment grade | Vanilla |
| Vanguard Short-Term Tax-Exempt Bond ETFVTES | $101.52 | 0.08 | +0.08% | $1.53B | Investment grade | Vanilla |
|  US Treasury 6 Month Bill ETFXBIL | $50.05 | -0.16 | -0.31% | $1.51B | Investment grade | Vanilla |
|  Avantis Core Fixed Income ETFAVIG | $42.03 | -0.02 | -0.04% | $1.51B | Investment grade | Active |
| Invesco BulletShares 2031 Corporate Bond ETFBSCV | $16.73 | -0.01 | -0.06% | $1.51B | Investment grade | Bullet maturity |
| Vanguard Total World Bond ETFBNDW | $68.89 | 0.00 | +0.01% | $1.50B | Investment grade | Vanilla |
| iShares iBonds Dec 2032 Term Corporate ETFIBDX | $25.59 | 0.02 | +0.06% | $1.50B | Investment grade | Bullet maturity |
| JPMorgan International Bond Opportunities ETFJPIB | $48.98 | -0.04 | -0.07% | $1.48B | Broad credit | Active |
| iShares Investment Grade Systematic Bond ETFIGEB | $45.79 | -0.01 | -0.02% | $1.48B | Investment grade | Multi-factor |
|  AB Ultra Short Income ETFYEAR | $50.70 | 0.02 | +0.05% | $1.44B | Investment grade | Active |
| First Trust Limited Duration Investment Grade Corporate ETFFSIG | $19.20 | 0.00 | -0.03% | $1.44B | Investment grade | Active |
| Vanguard Total Corporate Bond ETFVTC | $77.92 | -0.01 | -0.02% | $1.42B | Investment grade | Vanilla |
|  Principal Spectrum Preferred Securities Active ETFPREF | $19.07 | 0.01 | +0.03% | $1.40B | Broad credit | Active |
| iShares iBonds Dec 2028 Term Treasury ETFIBTI | $22.38 | 0.01 | +0.04% | $1.39B | Investment grade | Bullet maturity |
| FlexShares Ultra-Short Income FundRAVI | $75.34 | 0.00 | 0.00% | $1.38B | Investment grade | Active |
| PIMCO Investment Grade Corporate Bond Index Exchange-Traded FundCORP | $98.57 | -0.03 | -0.03% | $1.38B | Investment grade | Vanilla |
| BlackRock ETF Trust II iShares AAA CLO Active ETFCLOA | $51.72 | 0.00 | 0.00% | $1.38B | Investment grade | Active |
| Janus Henderson Securitized Income ETFJSI | $52.10 | 0.06 | +0.12% | $1.38B | Broad credit | Active |
|  WisdomTree Voya Yield Enhanced USD Universal Bond FundUNIY | $49.18 | -0.01 | -0.02% | $1.37B | Broad credit | Multi-factor |
| Invesco Variable Rate Investment Grade ETFVRIG | $25.09 | 0.02 | +0.06% | $1.36B | Investment grade | Active |
|  Eaton Vance Floating-Rate ETFEVLN | $49.48 | 0.01 | +0.01% | $1.34B | High yield | Active |
| Dimensional Global ex US Core Fixed Income ETFDFGX | $52.70 | -0.04 | -0.08% | $1.33B | Broad credit | Active |
