|  Pacer Trendpilot US Large Cap ETFPTLC | $56.63 | 0.41 | +0.72% | $3.39B | Large cap | Volatility hedged |
|  First Trust North American Energy Infrastructure FundEMLP | $37.92 | 0.18 | +0.49% | $3.39B | Energy | Active |
|  iShares Core U.S. REIT ETFUSRT | $57.98 | 0.18 | +0.31% | $3.36B | Real estate | Vanilla |
| iShares U.S. Infrastructure ETFIFRA | $54.58 | 0.54 | +1.00% | $3.31B | Theme | Fundamental |
|  Invesco National AMT-Free Municipal Bond ETFPZA | $23.30 | 0.02 | +0.11% | $3.31B | Investment grade | Vanilla |
|  JPMorgan U.S. Tech Leaders ETFJTEK | $92.44 | 0.72 | +0.79% | $3.27B | Theme | Active |
|  Principal Exchange-Traded Funds Principal U.S. Mega-Cap ETFUSMC | $68.89 | 0.40 | +0.58% | $3.25B | Large cap | Active |
|  Vanguard S&P Small-Cap 600 ETFVIOO | $116.46 | 0.58 | +0.50% | $3.20B | Small cap | Vanilla |
| iShares Morningstar Mid-Cap Growth ETFIMCG | $82.57 | 0.84 | +1.02% | $3.20B | Mid cap | Growth |
|  Global X S&P 500 Covered Call ETFXYLD | $40.97 | 0.09 | +0.21% | $3.18B | Large cap | Buy-write |
| Invesco BulletShares 2028 Corporate Bond ETFBSCS | $20.59 | -0.01 | -0.02% | $3.18B | Investment grade | Bullet maturity |
|  VanEck Fallen Angel High Yield Bond ETFANGL | $29.57 | 0.02 | +0.05% | $3.17B | High yield | Fundamental |
|  GMO U.S. Quality ETFQLTY | $39.91 | 0.37 | +0.92% | $3.14B | Total market | Active |
| Invesco S&P 500 High Dividend Low Volatility ETFSPHD | $48.62 | 0.11 | +0.22% | $3.10B | Large cap | Multi-factor |
| Vanguard S&P Mid-Cap 400 ETFIVOO | $116.99 | 0.91 | +0.78% | $3.10B | Mid cap | Vanilla |
| iShares U.S. Equity Factor ETFLRGF | $70.41 | 0.42 | +0.59% | $3.07B | Total market | Multi-factor |
|  Goldman Sachs MarketBeta U.S. Equity ETFGSUS | $96.08 | 0.68 | +0.71% | $3.06B | Total market | Vanilla |
| Vanguard Materials ETFVAW | $221.70 | 3.67 | +1.69% | $3.05B | Materials | Vanilla |
|  State Street SPDR Nuveen ICE Municipal Bond ETFTFI | $45.95 | 0.05 | +0.10% | $3.03B | Investment grade | Vanilla |
| JPMorgan Limited Duration Bond ETFJPLD | $52.37 | 0.01 | +0.01% | $3.03B | Investment grade | Active |
| First Trust NASDAQ-100 Technology Index FundQTEC | $239.89 | 3.06 | +1.29% | $3.01B | Information technology | Exchange-specific |
| iShares Morningstar Growth ETFILCG | $105.73 | 1.09 | +1.04% | $2.98B | Total market | Growth |
| iShares U.S. Small Cap Equity Factor ETFSMLF | $78.50 | 0.55 | +0.71% | $2.97B | Small cap | Multi-factor |
| First Trust Cloud Computing ETFSKYY | $129.16 | 0.42 | +0.33% | $2.97B | Information technology | Equal |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETFHYMB | $25.11 | 0.05 | +0.22% | $2.92B | High yield | Vanilla |
|  Xtrackers MSCI USA Climate Action Equity ETFUSCA | $42.46 | 0.25 | +0.59% | $2.91B | Theme | ESG |
| iShares U.S. Home Construction ETFITB | $106.23 | 5.56 | +5.53% | $2.89B | Theme | Vanilla |
|  Fidelity MSCI Health Care Index ETFFHLC | $75.79 | -0.20 | -0.27% | $2.89B | Health care | Vanilla |
|  Franklin U.S. Core Bond ETFFLCB | $21.68 | 0.05 | +0.23% | $2.79B | Investment grade | Active |
| iShares Dow Jones U.S. ETFIYY | $169.12 | 1.14 | +0.68% | $2.78B | Total market | Vanilla |
|  Nuveen Growth Opportunities ETFNUGO | $40.20 | 0.30 | +0.75% | $2.77B | Large cap | Active |
|  Schwab Municipal Bond ETFSCMB | $25.89 | 0.01 | +0.02% | $2.77B | Investment grade | Vanilla |
| iShares 10+ Year Investment Grade Corporate Bond ETFIGLB | $50.80 | 0.28 | +0.56% | $2.76B | Investment grade | Vanilla |
|  FT Vest Rising Dividend Achievers Target Income ETFRDVI | $27.39 | 0.21 | +0.75% | $2.73B | Total market | Active |
| iShares iBonds Dec 2030 Term Corporate ETFIBDV | $22.07 | 0.02 | +0.07% | $2.72B | Investment grade | Bullet maturity |
| Invesco Exchange-Traded Fund Trust Invesco RAFI US 1500 Small-Mid ETFPRFZ | $48.26 | 0.37 | +0.78% | $2.72B | Extended market | Fundamental |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETFFLRN | $30.77 | 0.02 | +0.05% | $2.71B | Investment grade | Vanilla |
|  Victory Portfolios II VictoryShares Core Intermediate Bond ETFUITB | $47.41 | 0.07 | +0.15% | $2.70B | Investment grade | Active |
| Goldman Sachs ETF Trust Goldman Sachs S&P 500 Premium Income ETFGPIX | $53.24 | 0.29 | +0.56% | $2.70B | Large cap | Active |
| Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETFGPIQ | $53.37 | 0.47 | +0.89% | $2.63B | Large cap | Active |
| Fidelity Enhanced Large Cap Value ETFFELV | $35.69 | 0.19 | +0.53% | $2.62B | Large cap | Active |
| Invesco BulletShares 2029 Corporate Bond ETFBSCT | $18.84 | 0.00 | -0.03% | $2.59B | Investment grade | Bullet maturity |
| Global X MLP & Energy Infrastructure ETFMLPX | $59.90 | -0.22 | -0.37% | $2.58B | Energy | Vanilla |
|  Direxion Daily Financial Bull 3x SharesFAS | $177.30 | -1.20 | -0.67% | $2.57B | Financials | Vanilla |
| State Street SPDR S&P 400 Mid Cap Value ETFMDYV | $88.75 | 0.59 | +0.67% | $2.56B | Mid cap | Value |
| State Street SPDR S&P 400 Mid Cap Growth ETFMDYG | $96.56 | 0.87 | +0.91% | $2.55B | Mid cap | Growth |
| State Street SPDR S&P 500 Fossil Fuel Reserves Free ETFSPYX | $57.20 | 0.41 | +0.72% | $2.54B | Large cap | Vanilla |
| VanEck IG Floating Rate ETFFLTR | $25.50 | 0.01 | +0.02% | $2.54B | Investment grade | Vanilla |
|  PIMCO Intermediate Municipal Bond Active Exchange-Traded FundMUNI | $52.69 | 0.02 | +0.03% | $2.54B | Investment grade | Active |
|  FlexShares iBoxx 3-Year Target Duration TIPS Index FundTDTT | $24.07 | 0.01 | +0.02% | $2.53B | Investment grade | Target duration |
| Invesco S&P 500 GARP ETFSPGP | $117.56 | 0.35 | +0.30% | $2.52B | Large cap | Fundamental |
| Pacer US Large Cap Cash Cows Growth Leaders ETFCOWG | $36.27 | 0.28 | +0.79% | $2.51B | Large cap | Growth |
|  Main Sector Rotation ETFSECT | $65.91 | 0.48 | +0.73% | $2.51B | Large cap | Active |
|  Capital Group Municipal High-Income ETFCGHM | $25.61 | 0.02 | +0.06% | $2.50B | Broad credit | Active |
| Fidelity MSCI Financials Index ETFFNCL | $79.45 | -0.16 | -0.20% | $2.48B | Financials | Vanilla |
|  Dimensional US Core Equity 1 ETFDCOR | $75.52 | 0.48 | +0.64% | $2.47B | Total market | Active |
|  TrueShares Structured Outcome (November) ETFNOVZ | $44.20 | 0.00 | 0.00% | $2.42B | Large cap | Buy-write |
| iShares iBonds Dec 2026 Term Treasury ETFIBTG | $22.89 | 0.00 | 0.00% | $2.36B | Investment grade | Bullet maturity |
|  MicroSectors FANG & Innovation 3x Leveraged ETNBULZ | $276.90 | 17.50 | +6.75% | $2.35B | Theme | Equal |
| Invesco Variable Rate Preferred ETFVRP | $24.41 | -0.01 | -0.02% | $2.35B | Broad credit | Vanilla |
| Xtrackers S&P 500 Scored & Screened ETFSNPE | $63.52 | 0.39 | +0.63% | $2.34B | Large cap | ESG |
| iShares 0-5 Year Investment Grade Corporate Bond ETFSLQD | $50.72 | -0.01 | -0.03% | $2.34B | Investment grade | Vanilla |
| iShares Russell 2500 ETFSMMD | $79.03 | 0.83 | +1.06% | $2.32B | Extended market | Vanilla |
| iShares Climate Conscious & Transition MSCI USA ETFUSCL | $80.65 | 0.45 | +0.56% | $2.30B | Theme | ESG |
|  American Century U.S. Quality Growth ETFQGRO | $116.96 | 0.69 | +0.59% | $2.30B | Total market | Growth |
| Invesco BulletShares 2030 Corporate Bond ETFBSCU | $16.93 | 0.02 | +0.09% | $2.27B | Investment grade | Bullet maturity |
| iShares Trust iShares Paris-Aligned Climate Optimized MSCI USA ETFPABU | $73.17 | 0.30 | +0.41% | $2.26B | Theme | ESG |
|  Aptus Collared Investment Opportunity ETFACIO | $44.21 | 0.29 | +0.65% | $2.25B | Large cap | Active |
| Invesco Short Term Treasury ETFTBLL | $105.75 | 0.02 | +0.02% | $2.25B | Investment grade | Vanilla |
| Global X U.S. Preferred ETFPFFD | $19.32 | 0.04 | +0.18% | $2.24B | Broad credit | Vanilla |
| First Trust Financials AlphaDEX FundFXO | $61.97 | -0.01 | -0.02% | $2.21B | Financials | Multi-factor |
|  ActivePassive U.S. Equity ETFAPUE | $42.52 | 0.25 | +0.59% | $2.21B | Total market | Active |
|  WisdomTree U.S. Value FundWTV | $95.99 | 0.28 | +0.30% | $2.20B | Total market | Active |
| JPMorgan Small & Mid Cap Enhanced Equity ETFJMEE | $67.31 | 0.49 | +0.73% | $2.20B | Extended market | Active |
|  Avantis U.S. Small Cap Equity ETFAVSC | $61.84 | 0.30 | +0.50% | $2.20B | Small cap | Active |
| Goldman Sachs MarketBeta U.S. 1000 Equity ETFGUSA | $60.25 | 0.42 | +0.71% | $2.17B | Large cap | Vanilla |
| Global X 1-3 Month T-Bill ETFCLIP | $100.20 | 0.03 | +0.03% | $2.17B | Investment grade | Vanilla |
| iShares ESG Aware MSCI USA Small-Cap ETFESML | $48.47 | 0.44 | +0.92% | $2.16B | Small cap | ESG |
| Invesco Water Resources ETFPHO | $72.85 | 0.50 | +0.69% | $2.16B | Theme | Vanilla |
| Fidelity MSCI Utilities Index ETFFUTY | $55.20 | 0.68 | +1.25% | $2.16B | Utilities | Vanilla |
| WisdomTree U.S. Quality Growth FundQGRW | $59.52 | 0.59 | +1.01% | $2.15B | Large cap | Growth |
|  T. Rowe Price U.S. Equity Research ETFTSPA | $43.53 | 0.29 | +0.68% | $2.15B | Total market | Active |
|  Innovator Defined Wealth Shield ETFBALT | $33.65 | 0.07 | +0.19% | $2.15B | Large cap | Buy-write |
| VanEck Intermediate Muni ETFITM | $47.38 | -0.02 | -0.03% | $2.14B | Investment grade | Vanilla |
|  ProShares UltraPro Short QQQSQQQ | $64.49 | -2.10 | -3.15% | $2.14B | Large cap | Exchange-specific |
| Invesco S&P SmallCap Momentum ETFXSMO | $74.73 | 0.61 | +0.82% | $2.13B | Small cap | Momentum |
| VanEck Preferred Securities ex Financials ETFPFXF | $18.11 | 0.11 | +0.64% | $2.11B | Broad credit | Vanilla |
| iShares U.S. Financial Services ETFIYG | $94.44 | -0.08 | -0.09% | $2.11B | Financials | Vanilla |
| iShares iBonds Dec 2031 Term Corporate ETFIBDW | $21.16 | 0.01 | +0.02% | $2.10B | Investment grade | Bullet maturity |
|  BNY Mellon Core Bond ETFBKAG | $42.51 | 0.09 | +0.21% | $2.07B | Investment grade | Vanilla |
|  Virtus InfraCap U.S. Preferred Stock ETFPFFA | $21.82 | 0.05 | +0.25% | $2.07B | Broad credit | Active |
| Fidelity MSCI Consumer Discretionary Index ETFFDIS | $106.89 | 0.98 | +0.93% | $2.06B | Consumer discretionary | Vanilla |
| FlexShares Quality Dividend Index FundQDF | $82.23 | 0.52 | +0.63% | $2.06B | Total market | Multi-factor |
| iShares Russell Top 200 ETFIWL | $173.19 | 1.18 | +0.69% | $2.06B | Large cap | Vanilla |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETFBBMC | $112.24 | 0.94 | +0.85% | $2.06B | Mid cap | Vanilla |
| Schwab High Yield Bond ETFSCYB | $26.57 | 0.03 | +0.09% | $2.04B | High yield | Vanilla |
| Invesco S&P 100 Equal Weight ETFEQWL | $120.72 | 0.53 | +0.44% | $2.04B | Large cap | Equal |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.30 | 0.02 | +0.03% | $2.00B | Investment grade | Target duration |
| Nuveen ESG Large-Cap Value ETFNULV | $46.46 | 0.21 | +0.46% | $1.98B | Large cap | Value |
| First Trust Water ETFFIW | $113.47 | 0.91 | +0.81% | $1.98B | Theme | Equal |
