|  Vanguard World Funds Extended Duration ETFEDV | $65.36 | -0.51 | -0.77% | $3.98B | Investment grade | Vanilla |
|  Invesco Preferred ETFPGX | $11.32 | 0.02 | +0.22% | $3.94B | Broad credit | Vanilla |
|  VanEck High Yield Muni ETFHYD | $51.13 | 0.01 | +0.01% | $3.90B | High yield | Vanilla |
|  State Street SPDR Bloomberg 3-12 Month T-Bill ETFBILS | $99.11 | 0.03 | +0.04% | $3.87B | Investment grade | Vanilla |
|  Capital Group U.S. Multi-Sector Income ETFCGMS | $27.73 | -0.02 | -0.09% | $3.79B | Broad credit | Active |
|  iShares Intermediate Government/Credit Bond ETFGVI | $107.25 | -0.43 | -0.40% | $3.78B | Investment grade | Vanilla |
|  iShares Short Duration Bond Active ETFNEAR | $51.02 | -0.27 | -0.54% | $3.75B | Investment grade | Active |
| iShares Convertible Bond ETFICVT | $99.38 | 1.22 | +1.24% | $3.71B | Broad credit | Vanilla |
| iShares California Muni Bond ETFCMF | $57.30 | -0.13 | -0.23% | $3.70B | Investment grade | Vanilla |
| iShares iBonds Dec 2026 Term Corporate ETFIBDR | $24.18 | -0.08 | -0.31% | $3.58B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2027 Term Corporate ETFIBDS | $24.23 | -0.09 | -0.39% | $3.53B | Investment grade | Bullet maturity |
| Capital Group Core Bond ETFCGCB | $26.61 | -0.04 | -0.17% | $3.51B | Investment grade | Active |
| State Street SPDR Nuveen ICE Short Term Municipal Bond ETFSHM | $47.91 | 0.02 | +0.03% | $3.50B | Investment grade | Vanilla |
|  First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETFFIXD | $44.30 | -0.05 | -0.12% | $3.42B | Broad credit | Active |
| iShares iBonds Dec 2028 Term Corporate ETFIBDT | $25.41 | -0.11 | -0.41% | $3.33B | Investment grade | Bullet maturity |
| Invesco National AMT-Free Municipal Bond ETFPZA | $23.23 | 0.00 | -0.02% | $3.29B | Investment grade | Vanilla |
| Invesco Ultra Short Duration ETFGSY | $50.37 | 0.01 | +0.01% | $3.24B | Investment grade | Active |
| iShares iBonds Dec 2029 Term Corporate ETFIBDU | $23.36 | -0.10 | -0.40% | $3.20B | Investment grade | Bullet maturity |
| First Trust Smith Unconstrained Bond ETFUCON | $25.14 | -0.02 | -0.08% | $3.14B | Broad credit | Active |
| VanEck Fallen Angel High Yield Bond ETFANGL | $29.43 | -0.04 | -0.12% | $3.12B | High yield | Fundamental |
| Invesco BulletShares 2028 Corporate Bond ETFBSCS | $20.63 | -0.02 | -0.07% | $3.09B | Investment grade | Bullet maturity |
|  JPMorgan Limited Duration Bond ETFJPLD | $52.47 | 0.04 | +0.07% | $3.03B | Investment grade | Active |
| State Street SPDR Nuveen ICE Municipal Bond ETFTFI | $45.60 | 0.01 | +0.03% | $3.01B | Investment grade | Vanilla |
|  Janus Henderson Short Duration Income ETFVNLA | $49.27 | 0.01 | +0.01% | $2.86B | Broad credit | Active |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETFHYMB | $24.96 | 0.02 | +0.06% | $2.85B | High yield | Vanilla |
|  Franklin U.S. Core Bond ETFFLCB | $21.61 | -0.11 | -0.53% | $2.76B | Investment grade | Active |
| iShares 10+ Year Investment Grade Corporate Bond ETFIGLB | $50.44 | -0.39 | -0.78% | $2.76B | Investment grade | Vanilla |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN | $30.70 | 0.02 | +0.05% | $2.67B | Investment grade | Vanilla |
|  Victory Portfolios II VictoryShares Core Intermediate Bond ETFUITB | $47.31 | -0.07 | -0.14% | $2.67B | Investment grade | Active |
|  Schwab Municipal Bond ETFSCMB | $25.70 | -0.06 | -0.21% | $2.61B | Investment grade | Vanilla |
| VanEck IG Floating Rate ETFFLTR | $25.52 | 0.00 | -0.02% | $2.56B | Investment grade | Vanilla |
|  FlexShares iBoxx 3-Year Target Duration TIPS Index FundTDTT | $24.02 | -0.10 | -0.41% | $2.54B | Investment grade | Target duration |
| Invesco BulletShares 2029 Corporate Bond ETFBSCT | $18.88 | -0.02 | -0.08% | $2.51B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2030 Term Corporate ETFIBDV | $22.04 | -0.11 | -0.47% | $2.50B | Investment grade | Bullet maturity |
| Capital Group Municipal High-Income ETFCGHM | $25.52 | 0.00 | -0.02% | $2.43B | Broad credit | Active |
|  PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI | $52.48 | -0.01 | -0.01% | $2.43B | Investment grade | Active |
| iShares 0-5 Year Investment Grade Corporate Bond ETFSLQD | $50.62 | -0.19 | -0.37% | $2.34B | Investment grade | Vanilla |
| First Trust Senior Loan Fund ETFFTSL | $45.84 | 0.02 | +0.05% | $2.34B | High yield | Active |
| Invesco Variable Rate Preferred ETFVRP | $24.48 | -0.02 | -0.06% | $2.32B | Broad credit | Vanilla |
|  TCW Flexible Income ETFFLXR | $39.53 | 0.01 | +0.04% | $2.31B | Broad credit | Active |
|  ALPS Smith Core Plus Bond ETFSMTH | $26.05 | -0.04 | -0.15% | $2.29B | Broad credit | Active |
|  Global X U.S. Preferred ETFPFFD | $19.13 | 0.03 | +0.17% | $2.25B | Broad credit | Vanilla |
| Invesco Short Term Treasury ETFTBLL | $105.89 | 0.03 | +0.03% | $2.24B | Investment grade | Vanilla |
| iShares iBonds Dec 2026 Term Treasury ETFIBTG | $22.86 | -0.07 | -0.28% | $2.22B | Investment grade | Bullet maturity |
| SPDR Bloomberg Emerging Markets Local Bond ETFEBND | $21.23 | 0.04 | +0.17% | $2.20B | Broad credit | Vanilla |
| Invesco BulletShares 2030 Corporate Bond ETFBSCU | $16.95 | -0.03 | -0.15% | $2.14B | Investment grade | Bullet maturity |
| VanEck Intermediate Muni ETFITM | $47.17 | 0.02 | +0.05% | $2.10B | Investment grade | Vanilla |
|  Hartford Total Return Bond ETFHTRB | $34.37 | -0.02 | -0.07% | $2.07B | Broad credit | Active |
|  Dimensional Global Core Plus Fixed Income ETFDFGP | $53.97 | -0.13 | -0.24% | $2.07B | Broad credit | Active |
| VanEck Preferred Securities ex Financials ETFPFXF | $17.97 | 0.09 | +0.52% | $2.06B | Broad credit | Vanilla |
|  BNY Mellon Core Bond ETFBKAG | $42.46 | -0.07 | -0.18% | $2.05B | Investment grade | Vanilla |
| iShares iBonds Dec 2031 Term Corporate ETFIBDW | $21.11 | -0.11 | -0.49% | $2.05B | Investment grade | Bullet maturity |
| Invesco Total Return Bond ETFGTO | $47.58 | -0.03 | -0.07% | $2.01B | Broad credit | Active |
|  Virtus InfraCap U.S. Preferred Stock ETFPFFA | $21.89 | 0.01 | +0.02% | $2.01B | Broad credit | Active |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.37 | 0.02 | +0.03% | $1.98B | Investment grade | Target duration |
| Schwab High Yield Bond ETFSCYB | $26.34 | -0.17 | -0.62% | $1.95B | High yield | Vanilla |
| Global X 1-3 Month T-Bill ETFCLIP | $100.31 | 0.03 | +0.03% | $1.94B | Investment grade | Vanilla |
| First Trust Managed Municipal ETFFMB | $51.06 | 0.00 | 0.00% | $1.93B | Investment grade | Active |
| iShares Fallen Angels USD Bond ETFFALN | $27.25 | -0.16 | -0.60% | $1.85B | High yield | Fundamental |
| iShares iBonds Dec 2027 Term Treasury ETFIBTH | $22.45 | -0.07 | -0.29% | $1.84B | Investment grade | Bullet maturity |
| Dimensional National Municipal Bond ETFDFNM | $48.10 | 0.00 | +0.01% | $1.84B | Investment grade | Active |
| Capital Group Short Duration Income ETFCGSD | $26.09 | -0.01 | -0.02% | $1.82B | Investment grade | Active |
| First Trust Institutional Preferred Securities and Income ETFFPEI | $19.36 | -0.01 | -0.03% | $1.81B | Broad credit | Active |
| State Street SPDR Bloomberg 1-10 Year TIPS ETFTIPX | $19.07 | -0.03 | -0.16% | $1.78B | Investment grade | Vanilla |
| State Street SPDR Portfolio Corporate Bond ETFSPBO | $29.30 | -0.06 | -0.22% | $1.78B | Investment grade | Fundamental |
| First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETFHYLS | $41.71 | -0.01 | -0.02% | $1.76B | High yield | Active |
| iShares Aaa - A Rated Corporate Bond ETFQLTA | $48.03 | -0.29 | -0.59% | $1.72B | Investment grade | Vanilla |
| Victory Portfolios II VictoryShares Short-Term Bond ETFUSTB | $50.74 | -0.02 | -0.03% | $1.70B | Investment grade | Active |
| First Trust Core Investment Grade ETFFTCB | $21.18 | -0.05 | -0.26% | $1.68B | Investment grade | Active |
|  Simplify MBS ETFMTBA | $50.58 | -0.04 | -0.09% | $1.66B | Investment grade | Active |
| iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW | $22.91 | -0.11 | -0.46% | $1.66B | Investment grade | Buy-write |
| iShares High Yield Systematic Bond ETFHYDB | $47.17 | -0.29 | -0.60% | $1.66B | High yield | Multi-factor |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $65.52 | -0.52 | -0.78% | $1.65B | Investment grade | Vanilla |
| Dimensional Ultrashort Fixed Income ETFDUSB | $50.59 | 0.00 | +0.01% | $1.63B | Investment grade | Active |
|  Xtrackers USD High Yield BB-B ex Financials ETFBHYB | $54.64 | -0.01 | -0.01% | $1.57B | High yield | Vanilla |
| Vanguard California Tax-Exempt Bond ETFVTEC | $100.19 | 0.05 | +0.05% | $1.53B | Investment grade | Vanilla |
| Vanguard Short-Term Tax-Exempt Bond ETFVTES | $101.59 | 0.02 | +0.01% | $1.53B | Investment grade | Vanilla |
|  T. Rowe Price QM U.S. Bond ETFTAGG | $43.16 | -0.02 | -0.06% | $1.52B | Investment grade | Active |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundHYS | $95.12 | 0.05 | +0.05% | $1.51B | High yield | Vanilla |
| Victory Portfolios II VictoryShares Core Plus Intermediate Bond ETFUBND | $21.95 | -0.04 | -0.16% | $1.51B | Broad credit | Active |
| Vanguard Total World Bond ETFBNDW | $68.67 | -0.13 | -0.18% | $1.50B | Investment grade | Vanilla |
|  Avantis Core Fixed Income ETFAVIG | $41.88 | -0.06 | -0.15% | $1.48B | Investment grade | Active |
| iShares Investment Grade Systematic Bond ETFIGEB | $45.58 | -0.28 | -0.62% | $1.46B | Investment grade | Multi-factor |
| JPMorgan International Bond Opportunities ETFJPIB | $48.86 | -0.02 | -0.04% | $1.45B | Broad credit | Active |
|  AB Ultra Short Income ETFYEAR | $50.63 | 0.02 | +0.03% | $1.44B | Investment grade | Active |
| Invesco BulletShares 2031 Corporate Bond ETFBSCV | $16.73 | -0.02 | -0.15% | $1.42B | Investment grade | Bullet maturity |
| First Trust Limited Duration Investment Grade Corporate ETFFSIG | $19.16 | 0.00 | -0.03% | $1.42B | Investment grade | Active |
| Vanguard Total Corporate Bond ETFVTC | $77.56 | -0.14 | -0.18% | $1.41B | Investment grade | Vanilla |
|  Principal Spectrum Preferred Securities Active ETFPREF | $19.09 | 0.01 | +0.05% | $1.40B | Broad credit | Active |
| BlackRock ETF Trust II iShares AAA CLO Active ETFCLOA | $51.63 | -0.21 | -0.41% | $1.39B | Investment grade | Active |
|  WisdomTree Voya Yield Enhanced USD Universal Bond FundUNIY | $49.23 | -0.05 | -0.10% | $1.38B | Broad credit | Multi-factor |
| Invesco Variable Rate Investment Grade ETFVRIG | $25.14 | 0.00 | -0.02% | $1.37B | Investment grade | Active |
| iShares iBonds Dec 2032 Term Corporate ETFIBDX | $25.48 | -0.14 | -0.57% | $1.36B | Investment grade | Bullet maturity |
| PIMCO Investment Grade Corporate Bond Index Exchange-Traded FundCORP | $98.14 | -0.11 | -0.12% | $1.36B | Investment grade | Vanilla |
| FlexShares Ultra-Short Income FundRAVI | $75.25 | -0.28 | -0.37% | $1.36B | Investment grade | Active |
| Janus Henderson Securitized Income ETFJSI | $52.34 | -0.01 | -0.01% | $1.35B | Broad credit | Active |
|  Eaton Vance Floating-Rate ETFEVLN | $49.67 | -0.05 | -0.11% | $1.34B | High yield | Active |
| SPDR Bloomberg International Treasury Bond ETFBWX | $22.36 | -0.11 | -0.51% | $1.33B | Investment grade | Vanilla |
| Invesco Emerging Markets Sovereign Debt ETFPCY | $21.77 | -0.03 | -0.11% | $1.32B | Broad credit | Technical |
| iShares Short Maturity Municipal Bond Active ETFMEAR | $50.27 | -0.07 | -0.14% | $1.30B | Investment grade | Active |
