|  Bushido Capital US Equity ETFSMRI | $36.20 | 0.71 | +2.01% | $506.19M | Total market | Active |
|  Direxion Shares ETF Trust Direxion Daily MSFT Bull 2X SharesMSFU | $27.63 | 1.02 | +3.81% | $505.58M | Information technology | Vanilla |
|  First Trust Mid Cap Growth AlphaDEX FundFNY | $97.13 | 3.72 | +3.97% | $505.57M | Mid cap | Growth |
|  PIMCO Municipal Income Opportunities Active ETFMINO | $45.67 | 0.04 | +0.09% | $505.05M | Broad credit | Active |
|  Invesco S&P 500 Equal Weight Utilities ETFRSPU | $76.86 | 0.31 | +0.41% | $504.20M | Utilities | Equal |
|  State Street SPDR S&P Insurance ETFKIE | $59.60 | 0.47 | +0.79% | $500.72M | Financials | Equal |
|  iShares CMBS ETFCMBS | $49.28 | -0.07 | -0.15% | $498.92M | Investment grade | Vanilla |
|  Vident U.S. Bond Strategy ETFVBND | $44.15 | 0.00 | 0.00% | $498.61M | Broad credit | Multi-factor |
|  FT Vest U.S. Equity Moderate Buffer ETF - DecemberGDEC | $38.09 | 0.41 | +1.09% | $496.06M | Large cap | Buy-write |
|  MicroSectors FANG+ Index 2X Leveraged ETNs due January 8, 2038FNGO | $98.77 | 3.42 | +3.58% | $494.50M | Theme | Equal |
|  Burney U.S. Factor Rotation ETFBRNY | $51.06 | 0.91 | +1.82% | $494.48M | Total market | Active |
|  Alpha Architect U.S. Quantitative Value ETFQVAL | $53.84 | 1.23 | +2.33% | $492.86M | Total market | Active |
|  ProShares Large Cap Core PlusCSM | $79.81 | 1.80 | +2.30% | $491.14M | Large cap | Long-Short |
| iShares U.S. Oil & Gas Exploration & Production ETFIEO | $103.07 | 2.85 | +2.84% | $489.75M | Energy | Vanilla |
|  VictoryShares Small Cap Free Cash Flow ETFSFLO | $30.48 | 1.03 | +3.49% | $489.41M | Small cap | Multi-factor |
|  YieldMax Universe Fund of Option Income ETFsYMAX | $8.76 | 0.36 | +4.21% | $488.90M | Total market | Active |
|  Quadratic Interest Rate Volatility and Inflation Hedge ETFIVOL | $19.01 | -0.04 | -0.18% | $488.69M | Investment grade | Active |
|  T. Rowe Price Floating Rate ETFTFLR | $51.06 | 0.06 | +0.12% | $486.35M | High yield | Active |
| First Trust Active Factor Large Cap ETFAFLG | $40.63 | 0.82 | +2.06% | $483.50M | Large cap | Active |
| Direxion Daily Aerospace & Defense Bull 3X SharesDFEN | $80.31 | 8.00 | +11.04% | $483.33M | Industrials | Vanilla |
|  Simplify High Yield ETFCDX | $21.94 | -0.04 | -0.20% | $482.02M | High yield | Active |
|  JPMorgan Realty Income ETFJPRE | $48.88 | 0.72 | +1.49% | $481.31M | Real estate | Active |
|  Inspire Corporate Bond ETFIBD | $24.25 | 0.02 | +0.06% | $480.13M | Investment grade | ESG |
|  AB Tax-Aware Intermediate Municipal ETFTAFM | $25.64 | 0.00 | 0.00% | $474.52M | Broad credit | Active |
|  Nuveen ESG U.S. Aggregate Bond ETFNUBD | $22.40 | -0.01 | -0.04% | $474.32M | Investment grade | ESG |
| FT Vest U.S. Equity Moderate Buffer ETF - SeptemberGSEP | $39.07 | 0.39 | +1.00% | $473.74M | Large cap | Buy-write |
| PIMCO Senior Loan Active Exchange-Traded FundLONZ | $49.90 | 0.11 | +0.21% | $471.96M | High yield | Active |
| MicroSectors FANG+ ETNs due January 8, 2038FNGS | $62.88 | 1.13 | +1.83% | $471.68M | Theme | Equal |
|  Innovator Nasdaq-100 Managed Floor ETFQFLR | $34.57 | 0.49 | +1.43% | $471.68M | Large cap | Active |
|  Avantis U.S. Mid Cap Value ETFAVMV | $78.00 | 2.01 | +2.64% | $471.00M | Mid cap | Active |
|  Congress SMid Growth ETFCSMD | $33.92 | 1.22 | +3.74% | $463.82M | Extended market | Active |
| FT Vest Growth-100 Buffer ETF - MarchQMAR | $33.16 | 0.23 | +0.71% | $462.86M | Large cap | Buy-write |
|  Vanguard U.S. Quality Factor ETFVFQY | $160.79 | 3.43 | +2.18% | $459.86M | Total market | Active |
|  Strategas Macro Thematic Opportunities ETFSAMT | $39.40 | 0.94 | +2.44% | $458.62M | Total market | Active |
| iShares Interest Rate Hedged High Yield Bond ETFHYGH | $86.53 | 0.26 | +0.30% | $454.07M | High yield | Duration hedged |
| Avantis Responsible U.S. Equity ETFAVSU | $79.72 | 1.58 | +2.02% | $454.03M | Total market | Active |
|  Dimensional US Large Cap Vector ETFDFVX | $78.23 | 1.15 | +1.49% | $453.85M | Large cap | Active |
|  ETC 6 Meridian Mega Cap Equity ETFSIXA | $53.65 | 0.63 | +1.19% | $453.33M | Large cap | Active |
| Nuveen ESG Mid-Cap Value ETFNUMV | $41.11 | 0.86 | +2.12% | $450.15M | Mid cap | Value |
| iShares Trust iShares USD Green Bond ETFBGRN | $48.01 | 0.01 | +0.01% | $448.80M | Investment grade | ESG |
|  Harbor Human Capital Factor US Large Cap ETFHAPI | $41.51 | 0.80 | +1.97% | $447.93M | Large cap | ESG |
|  Goldman Sachs Hedge Industry VIP ETFGVIP | $156.57 | 3.23 | +2.11% | $447.72M | Total market | Copycat |
| Invesco BulletShares 2029 High Yield Corporate Bond ETFBSJT | $21.48 | 0.05 | +0.21% | $444.53M | High yield | Bullet maturity |
|  MAX S&P 500 4x Leveraged ETNSPYU | $55.66 | 4.14 | +8.00% | $443.32M | Large cap | Vanilla |
| iShares iBonds 2027 Term High Yield and Income ETFIBHG | $22.23 | 0.02 | +0.07% | $442.28M | High yield | Bullet maturity |
|  USCF Midstream Energy Income FundUMI | $53.76 | 0.28 | +0.52% | $441.90M | Energy | Active |
|  Neuberger Option Strategy ETFNBOS | $27.55 | 0.43 | +1.59% | $441.43M | Large cap | Active |
|  AAM Low Duration Preferred and Income Securities ETFPFLD | $19.73 | 0.07 | +0.33% | $441.30M | Broad credit | Multi-factor |
| FT Vest U.S. Equity Moderate Buffer ETF - JanuaryGJAN | $43.07 | 0.42 | +0.98% | $440.55M | Large cap | Buy-write |
| ProShares UltraPro Short S&P 500SPXU | $48.11 | -3.06 | -5.99% | $438.68M | Large cap | Vanilla |
| Invesco Dow Jones Industrial Average Dividend ETFDJD | $62.77 | 1.16 | +1.88% | $438.17M | Large cap | Dividends |
| Invesco KBW High Dividend Yield Financial ETFKBWD | $13.86 | 0.04 | +0.25% | $434.47M | Financials | Dividends |
| iShares iBonds 2028 Term High Yield and Income ETFIBHH | $23.64 | 0.05 | +0.23% | $433.78M | High yield | Bullet maturity |
| Invesco BulletShares 2034 Corporate Bond ETFBSCY | $21.05 | 0.02 | +0.07% | $432.47M | Investment grade | Bullet maturity |
| PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded FundSTPZ | $53.91 | 0.00 | -0.01% | $432.32M | Investment grade | Vanilla |
| B Bahl & Gaynor Income Growth ETFBGIG | $34.14 | 0.70 | +2.09% | $428.74M | Large cap | Active |
| iShares iBonds Dec 2033 Term Treasury ETFIBTO | $24.53 | -0.01 | -0.04% | $424.28M | Investment grade | Bullet maturity |
| iShares U.S. Insurance ETFIAK | $136.57 | -0.13 | -0.09% | $423.38M | Financials | Vanilla |
|  BondBloxx Bloomberg Five Year Target Duration US Treasury ETFXFIV | $49.47 | -0.03 | -0.07% | $420.95M | Investment grade | Target duration |
| VictoryShares US 500 Enhanced Volatility Wtd ETFCFO | $77.72 | 1.45 | +1.91% | $419.58M | Large cap | Multi-factor |
|  Federated Hermes Total Return Bond ETFFTRB | $25.43 | 0.00 | 0.00% | $419.51M | Broad credit | Active |
| JPMorgan Diversified Return US Mid Cap Equity ETFJPME | $117.90 | 2.63 | +2.28% | $418.63M | Mid cap | Multi-factor |
| iShares iBonds Dec 2029 Term Muni Bond ETFIBMR | $25.64 | -0.01 | -0.04% | $417.77M | Investment grade | Bullet maturity |
| FT Vest U.S. Equity Deep Buffer ETF - JanuaryDJAN | $43.67 | 0.39 | +0.90% | $416.81M | Large cap | Buy-write |
| Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Technology Momentum ETFPTF | $88.69 | 5.07 | +6.06% | $416.61M | Information technology | Momentum |
| Invesco Pharmaceuticals ETFPJP | $110.52 | 2.60 | +2.41% | $416.51M | Health care | Multi-factor |
| FT Vest U.S. Equity Deep Buffer ETF - DecemberDDEC | $45.36 | 0.42 | +0.92% | $416.22M | Large cap | Buy-write |
| Goldman Sachs MarketBeta Russell 1000 Value Equity ETFGVUS | $57.76 | 1.07 | +1.89% | $415.88M | Large cap | Value |
| JPMorgan Diversified Return US Equity ETFJPUS | $133.95 | 2.62 | +1.99% | $415.23M | Large cap | Multi-factor |
|  InfraCap MLP ETFAMZA | $43.19 | 0.06 | +0.14% | $415.22M | Energy | Active |
| iShares U.S. Tech Breakthrough Multisector ETFTECB | $57.95 | 1.25 | +2.20% | $414.02M | Theme | Fundamental |
| First Trust Multi Cap Growth AlphaDEX FundFAD | $168.49 | 5.96 | +3.67% | $412.27M | Total market | Growth |
| First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index FundMDIV | $16.50 | 0.09 | +0.53% | $410.70M | Target outcome | Dividends |
|  US Treasury 2 Year Note ETFUTWO | $48.58 | -0.02 | -0.03% | $409.49M | Investment grade | Vanilla |
|  AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETFSIXO | $35.04 | 0.39 | +1.11% | $407.33M | Large cap | Buy-write |
| Invesco AAA CLO Floating Rate Note ETFICLO | $25.59 | 0.02 | +0.06% | $406.72M | Investment grade | Active |
|  VanEck Short High Yield Muni ETFSHYD | $22.98 | 0.02 | +0.11% | $405.60M | High yield | Vanilla |
| Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright SmallCap Momentum ETFDWAS | $102.40 | 4.38 | +4.47% | $405.58M | Small cap | Momentum |
| Invesco S&P MidCap 400 QVM Multi-factor ETFQVMM | $33.55 | -0.12 | -0.38% | $405.34M | Mid cap | Multi-factor |
|  Pacer Trendpilot US Mid Cap ETFPTMC | $38.78 | 1.21 | +3.22% | $405.20M | Mid cap | Volatility hedged |
| Invesco Building & Construction ETFPKB | $106.81 | 3.94 | +3.83% | $404.94M | Industrials | Multi-factor |
| FT Vest U.S. Equity Moderate Buffer ETF - JulyGJUL | $41.69 | 0.36 | +0.88% | $403.97M | Large cap | Buy-write |
| iShares MSCI USA Size Factor ETFSIZE | $168.22 | 3.31 | +2.01% | $403.73M | Total market | Fundamental |
| Direxion Daily META Bull 2X SharesMETU | $31.30 | -0.83 | -2.59% | $403.51M | Communication services | Vanilla |
| Simplify Treasury Option Income ETFBUCK | $23.75 | 0.04 | +0.15% | $401.88M | Investment grade | Active |
|  Legg Mason ETF Investment Trust ClearBridge Large Cap Growth Select ETFLRGE | $79.38 | 1.64 | +2.11% | $401.58M | Large cap | Active |
| iShares GNMA Bond ETFGNMA | $44.73 | 0.17 | +0.38% | $400.24M | Investment grade | Vanilla |
| Invesco S&P MidCap Value with Momentum ETFXMVM | $69.96 | 1.41 | +2.06% | $398.52M | Mid cap | Value |
|  WisdomTree U.S. AI Enhanced Value FundAIVL | $121.45 | 1.66 | +1.38% | $397.83M | Total market | Active |
| FT Vest U.S. Equity Deep Buffer ETF - JulyDJUL | $47.94 | 0.43 | +0.90% | $396.58M | Large cap | Buy-write |
| YieldMax COIN Option Income Strategy ETFCONY | $27.38 | 2.90 | +11.81% | $396.13M | Financials | Buy-write |
| Federated Hermes MDT Large Cap Growth ETFFLCG | $31.76 | 0.73 | +2.35% | $393.82M | Large cap | Active |
|  Putnam Sustainable Future ETFPFUT | $24.59 | 0.64 | +2.68% | $393.36M | Total market | Active |
|  REX AI Equity Premium Income ETFAIPI | $36.51 | 1.13 | +3.21% | $391.19M | Theme | Active |
|  Strategic Trust Running Oak Efficient Growth ETFRUNN | $35.10 | 0.63 | +1.84% | $390.92M | Total market | Active |
| State Street SPDR S&P Oil & Gas Equipment & Services ETFXES | $104.64 | 5.16 | +5.19% | $386.09M | Energy | Equal |
| VictoryShares US Large Cap High Div Volatility Wtd ETFCDL | $75.52 | 0.79 | +1.06% | $385.31M | Large cap | Multi-factor |
| Inspire 100 ETFBIBL | $49.06 | 1.57 | +3.30% | $385.16M | Large cap | ESG |
| ProShares UltraPro Russell2000URTY | $64.84 | 6.37 | +10.87% | $384.97M | Small cap | Vanilla |
| FT Vest U.S. Equity Deep Buffer ETF - FebruaryDFEB | $48.31 | 0.46 | +0.97% | $384.10M | Large cap | Buy-write |
