|  Global X MLP ETFMLPA | $52.17 | -0.05 | -0.09% | $2.05B | Energy | Vanilla |
|  WisdomTree U.S. SmallCap Dividend FundDES | $37.65 | 0.92 | +2.51% | $2.04B | Small cap | Dividends |
|  iShares iBonds Dec 2027 Term Treasury ETFIBTH | $22.48 | 0.01 | +0.02% | $2.03B | Investment grade | Bullet maturity |
|  SP Funds S&P 500 Sharia ETFSPUS | $51.37 | 1.39 | +2.78% | $2.02B | Large cap | ESG |
|  Dimensional National Municipal Bond ETFDFNM | $48.64 | -0.02 | -0.03% | $2.01B | Investment grade | Active |
|  First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETFFTHI | $23.96 | 0.53 | +2.28% | $2.00B | Total market | Active |
| iShares Select U.S. REIT ETFICF | $62.39 | 1.16 | +1.89% | $2.00B | Real estate | Fundamental |
| First Trust Water ETFFIW | $115.39 | 1.94 | +1.71% | $2.00B | Theme | Equal |
|  Capital Group Short Duration Income ETFCGSD | $26.07 | 0.00 | -0.02% | $1.99B | Investment grade | Active |
|  Nuveen ESG Large-Cap Value ETFNULV | $47.86 | 0.70 | +1.49% | $1.99B | Large cap | Value |
|  JPMorgan BetaBuilders U.S. Mid Cap Equity ETFBBMC | $115.22 | 3.51 | +3.15% | $1.97B | Mid cap | Vanilla |
|  Xtrackers USD High Yield BB-B ex Financials ETFBHYB | $54.65 | 0.12 | +0.21% | $1.96B | High yield | Vanilla |
| First Trust Managed Municipal ETFFMB | $51.60 | -0.01 | -0.01% | $1.95B | Investment grade | Active |
|  Vanguard California Tax-Exempt Bond ETFVTEC | $101.03 | -0.01 | 0.00% | $1.95B | Investment grade | Vanilla |
| JPMorgan U.S. Momentum Factor ETFJMOM | $70.53 | 2.11 | +3.08% | $1.94B | Large cap | Momentum |
|  Victory Portfolios II VictoryShares Short-Term Bond ETFUSTB | $51.05 | -0.03 | -0.06% | $1.93B | Investment grade | Active |
| Dimensional US Sustainability Core 1 ETFDFSU | $44.31 | 0.95 | +2.18% | $1.93B | Total market | Active |
|  Distillate U.S. Fundamental Stability & Value ETFDSTL | $61.53 | 1.03 | +1.70% | $1.93B | Large cap | Active |
|  FlexShares Morningstar US Market Factors Tilt Index FundTILT | $256.98 | 5.71 | +2.27% | $1.91B | Total market | Multi-factor |
|  Motley Fool 100 Index ETFTMFC | $70.11 | 1.35 | +1.96% | $1.91B | Total market | Copycat |
|  Fidelity MSCI Industrials Index ETFFIDU | $92.86 | 2.84 | +3.16% | $1.91B | Industrials | Vanilla |
|  State Street SPDR S&P Homebuilders ETFXHB | $117.27 | 2.03 | +1.76% | $1.88B | Theme | Equal |
| iShares Fallen Angels USD Bond ETFFALN | $27.45 | 0.05 | +0.20% | $1.88B | High yield | Fundamental |
|  BondBloxx Bloomberg Six Month Target Duration US Treasury ETFXHLF | $50.27 | 0.02 | +0.03% | $1.87B | Investment grade | Target duration |
| iShares U.S. Broker-Dealers & Securities Exchanges ETFIAI | $178.47 | 4.69 | +2.70% | $1.86B | Financials | Vanilla |
| State Street SPDR Bloomberg 1-10 Year TIPS ETFTIPX | $19.19 | 0.02 | +0.08% | $1.84B | Investment grade | Vanilla |
| State Street SPDR Portfolio Corporate Bond ETFSPBO | $29.42 | 0.01 | +0.04% | $1.84B | Investment grade | Fundamental |
|  MicroSectors FANG & Innovation 3x Leveraged ETNBULZ | $215.11 | 15.81 | +7.90% | $1.82B | Theme | Equal |
|  Franklin U.S. Large Cap Multifactor Index ETFFLQL | $71.67 | 1.70 | +2.44% | $1.82B | Large cap | Multi-factor |
| Franklin U.S. Mid Cap Multifactor Index ETFFLQM | $58.61 | 0.95 | +1.64% | $1.81B | Mid cap | Multi-factor |
| Fidelity MSCI Consumer Discretionary Index ETFFDIS | $101.43 | 0.58 | +0.57% | $1.81B | Consumer discretionary | Vanilla |
|  T. Rowe Price QM U.S. Bond ETFTAGG | $43.16 | 0.00 | 0.00% | $1.80B | Investment grade | Active |
|  ProShares S&P MidCap 400 Dividend Aristocrats ETFREGL | $92.95 | 1.17 | +1.27% | $1.78B | Mid cap | Dividends |
|  Principal Exchange-Traded Funds Principal U.S. Small-Cap ETFPSC | $61.03 | 1.99 | +3.37% | $1.77B | Small cap | Active |
|  Invesco S&P 500 Pure Value ETFRPV | $111.68 | 1.50 | +1.36% | $1.77B | Large cap | Value |
| State Street SPDR S&P Semiconductor ETFXSD | $358.80 | 13.19 | +3.81% | $1.76B | Information technology | Equal |
| Dimensional Ultrashort Fixed Income ETFDUSB | $50.81 | 0.01 | +0.02% | $1.76B | Investment grade | Active |
| Invesco S&P SmallCap 600 Revenue ETFRWJ | $54.75 | 1.59 | +2.99% | $1.75B | Small cap | Fundamental |
| First Trust Nasdaq-100 Select Equal Weight ETFQQEW | $134.51 | 3.47 | +2.65% | $1.75B | Large cap | Exchange-specific |
| Fidelity MSCI Communication Services Index ETFFCOM | $72.27 | -0.21 | -0.29% | $1.75B | Communication services | Vanilla |
| iShares 20+ Year Treasury Bond BuyWrite Strategy ETFTLTW | $22.72 | 0.02 | +0.07% | $1.74B | Investment grade | Buy-write |
| Victory Portfolios II VictoryShares Core Plus Bond ETFUBND | $22.09 | 0.03 | +0.14% | $1.74B | Broad credit | Active |
| iShares Aaa - A Rated Corporate Bond ETFQLTA | $48.16 | 0.00 | +0.01% | $1.73B | Investment grade | Vanilla |
| Franklin U.S. Equity Index ETFUSPX | $60.43 | 1.23 | +2.07% | $1.72B | Total market | Vanilla |
|  Simplify MBS ETFMTBA | $50.44 | 0.03 | +0.07% | $1.70B | Investment grade | Active |
| ProShares Ultra SemiconductorsUSD | $55.66 | 6.58 | +13.33% | $1.70B | Information technology | Vanilla |
|  FT Vest Laddered Deep Buffer ETFBUFD | $28.48 | 0.27 | +0.97% | $1.68B | Large cap | Buy-write |
| iShares High Yield Systematic Bond ETFHYDB | $47.49 | 0.14 | +0.29% | $1.67B | High yield | Multi-factor |
| Franklin Dynamic Municipal Bond ETFFLMI | $25.15 | 0.02 | +0.06% | $1.67B | Broad credit | Active |
|  Direxion Daily Small Cap Bull 3x SharesTNA | $55.52 | 5.41 | +10.78% | $1.67B | Small cap | Vanilla |
| Vanguard Short-Term Tax-Exempt Bond ETFVTES | $102.32 | -0.02 | -0.02% | $1.66B | Investment grade | Vanilla |
| State Street SPDR Dow Jones REIT ETFRWR | $103.98 | 1.56 | +1.52% | $1.66B | Real estate | Vanilla |
| Invesco BuyBack Achievers ETFPKW | $139.60 | 2.78 | +2.03% | $1.66B | Total market | Fundamental |
| Vanguard S&P Small-Cap 600 Value ETFVIOV | $108.93 | 2.48 | +2.33% | $1.64B | Small cap | Value |
|  PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundHYS | $94.55 | 0.28 | +0.30% | $1.63B | High yield | Vanilla |
| Invesco S&P 500 Pure Growth ETFRPG | $48.86 | 1.84 | +3.90% | $1.63B | Large cap | Growth |
| Vanguard Total Corporate Bond ETFVTC | $77.85 | 0.02 | +0.02% | $1.61B | Investment grade | Vanilla |
| First Trust Nasdaq Semiconductor ETFFTXL | $154.27 | 7.68 | +5.23% | $1.60B | Information technology | Multi-factor |
| State Street SPDR S&P Bank ETFKBE | $67.41 | 1.29 | +1.95% | $1.59B | Financials | Equal |
| State Street SPDR MSCI USA StrategicFactors ETFQUS | $179.83 | 2.95 | +1.67% | $1.59B | Total market | Multi-factor |
| Invesco BulletShares 2031 Corporate Bond ETFBSCV | $16.72 | 0.00 | -0.03% | $1.59B | Investment grade | Bullet maturity |
| iShares iBonds Dec 2032 Term Corporate ETFIBDX | $25.58 | -0.01 | -0.04% | $1.59B | Investment grade | Bullet maturity |
|  Goldman Sachs Equal Weight U.S. Large Cap Equity ETFGSEW | $88.57 | 2.17 | +2.51% | $1.59B | Large cap | Equal |
| JPMorgan Equity Focus ETFJPEF | $75.62 | 1.11 | +1.49% | $1.58B | Total market | Active |
| Fidelity MSCI Energy Index ETFFENY | $29.46 | 0.66 | +2.28% | $1.57B | Energy | Vanilla |
| Dimensional US Real Estate ETFDFAR | $24.05 | 0.37 | +1.55% | $1.55B | Real estate | Active |
| WisdomTree U.S. Total Dividend FundDTD | $90.27 | 1.79 | +2.02% | $1.55B | Total market | Dividends |
| iShares MSCI USA Equal Weighted ETFEUSA | $107.32 | 2.33 | +2.21% | $1.54B | Total market | Equal |
|  Innovator U.S. Equity Power Buffer ETF - JanuaryPJAN | $47.40 | 0.47 | +1.01% | $1.54B | Large cap | Buy-write |
| iShares iBonds Dec 2028 Term Treasury ETFIBTI | $22.37 | -0.01 | -0.04% | $1.54B | Investment grade | Bullet maturity |
| State Street SPDR NYSE Technology ETFXNTK | $269.74 | 8.35 | +3.19% | $1.54B | Information technology | Equal |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundZROZ | $64.45 | 0.01 | +0.02% | $1.52B | Investment grade | Vanilla |
| Invesco Large Cap Growth ETFPWB | $134.08 | 4.72 | +3.65% | $1.52B | Large cap | Growth |
|  VanEck BDC Income ETFBIZD | $13.42 | 0.21 | +1.63% | $1.52B | Financials | Vanilla |
| Invesco S&P 500 QVM Multi-factor ETFQVML | $40.71 | -0.49 | -1.20% | $1.51B | Large cap | Multi-factor |
| Fidelity Low Volatility Factor ETFFDLO | $68.48 | 0.67 | +0.99% | $1.49B | Large cap | Low volatility |
| iShares Morningstar Mid-Cap ETFIMCB | $87.23 | 2.16 | +2.54% | $1.49B | Mid cap | Fundamental |
|  YieldMax NVDA Option Income Strategy ETFNVDY | $14.00 | 0.88 | +6.69% | $1.48B | Information technology | Buy-write |
| Vanguard S&P Mid-Cap 400 Growth ETFIVOG | $129.77 | 4.84 | +3.87% | $1.48B | Mid cap | Growth |
| Fidelity MSCI Consumer Staples Index ETFFSTA | $55.78 | 0.73 | +1.33% | $1.48B | Consumer staples | Vanilla |
| T. Rowe Price Small-Mid Cap ETFTMSL | $39.13 | 1.46 | +3.88% | $1.48B | Extended market | Active |
|  BlackRock ETF Trust II iShares AAA CLO Active ETFCLOA | $51.84 | 0.03 | +0.06% | $1.48B | Investment grade | Active |
| PIMCO Investment Grade Corporate Bond Index Exchange-Traded FundCORP | $98.13 | 0.03 | +0.03% | $1.48B | Investment grade | Vanilla |
| First Trust Indxx Aerospace & Defense ETFMISL | $48.81 | 1.83 | +3.88% | $1.47B | Industrials | Vanilla |
| iShares Investment Grade Systematic Bond ETFIGEB | $45.71 | 0.00 | 0.00% | $1.47B | Investment grade | Multi-factor |
| First Trust Limited Duration Investment Grade Corporate ETFFSIG | $19.19 | 0.01 | +0.08% | $1.46B | Investment grade | Active |
|  Pacer Metaurus US Large Cap Dividend Multiplier 400 ETFQDPL | $42.88 | 0.73 | +1.75% | $1.46B | Large cap | Dividends |
|  Janus Henderson Securitized Income ETFJSI | $52.35 | 0.03 | +0.05% | $1.45B | Broad credit | Active |
|  AB Ultra Short Income ETFYEAR | $50.49 | 0.00 | +0.01% | $1.45B | Investment grade | Active |
| First Trust Large Cap Core AlphaDEX FundFEX | $126.44 | 2.96 | +2.40% | $1.45B | Large cap | Multi-factor |
| iShares U.S. Carbon Transition Readiness Aware Active ETFLCTU | $74.88 | 1.63 | +2.23% | $1.44B | Theme | Active |
| iShares U.S. Consumer Discretionary ETFIYC | $103.15 | 1.27 | +1.25% | $1.44B | Consumer discretionary | Vanilla |
| WisdomTree U.S. High Dividend FundDHS | $112.33 | 1.32 | +1.19% | $1.44B | High dividend yield | Dividends |
|  Aptus Defined Risk ETFDRSK | $28.12 | 0.02 | +0.09% | $1.43B | Target outcome | Active |
| VictoryShares US Small Mid Cap Value Momentum ETFUSVM | $100.12 | 2.75 | +2.82% | $1.43B | Extended market | Multi-factor |
| Innovator Equity Managed Floor ETFSFLR | $37.05 | 0.65 | +1.79% | $1.42B | Large cap | Active |
| Capital Group Conservative Equity ETFCGCV | $31.60 | 0.55 | +1.75% | $1.42B | Total market | Active |
| WisdomTree U.S. LargeCap FundEPS | $72.01 | 1.17 | +1.65% | $1.42B | Large cap | Fundamental |
| Global X Russell 2000 ETFRSSL | $103.93 | 3.60 | +3.59% | $1.41B | Small cap | Vanilla |
| WisdomTree Voya Yield Enhanced USD Universal Bond FundUNIY | $49.13 | 0.02 | +0.04% | $1.40B | Broad credit | Multi-factor |
