|  Fidelity Tactical Bond ETFFTBD | $48.69 | 0.35 | +0.73% | $26.75M | Broad credit | Active |
|  NYLI MacKay California Muni Intermediate ETFMMCA | $21.05 | 0.07 | +0.31% | $26.36M | Investment grade | Active |
|  PGIM Municipal Income Opportunities ETFPMIO | $49.66 | 0.15 | +0.31% | $26.32M | Broad credit | Active |
| O Obra High Grade Structured Products ETFOGSP | $10.06 | 0.01 | +0.10% | $26.26M | Investment grade | Active |
|  AB Corporate Bond ETFEYEG | $34.98 | 0.26 | +0.76% | $26.24M | Investment grade | Active |
|  ProShares UltraPro Short 20+ Year TreasuryTTT | $73.75 | -2.48 | -3.25% | $25.95M | Investment grade | Vanilla |
| M Mairs & Power Minnesota Municipal Bond ETFMINN | $21.67 | 0.22 | +1.02% | $25.79M | Investment grade | Active |
|  Invesco Investment Grade Defensive ETFIIGD | $24.47 | 0.11 | +0.45% | $25.70M | Investment grade | Fundamental |
|  iShares iBonds Oct 2033 Term TIPS ETFIBIJ | $25.66 | 0.16 | +0.62% | $25.65M | Investment grade | Bullet maturity |
|  VanEck International High Yield Bond ETFIHY | $21.36 | 0.12 | +0.57% | $25.63M | High yield | Vanilla |
|  John Hancock Dynamic Municipal Bond ETFJHMU | $25.41 | 0.12 | +0.49% | $25.39M | Broad credit | Active |
| iShares iBonds Oct 2031 Term TIPS ETFIBIH | $25.95 | 0.13 | +0.52% | $24.66M | Investment grade | Bullet maturity |
|  KraneShares Asia Pacific High Income USD Bond ETFKHYB | $23.79 | 0.11 | +0.47% | $23.79M | High yield | Active |
|  BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETFXHYD | $37.51 | 0.10 | +0.27% | $23.70M | High yield | Vanilla |
| VanEck Moody's Analytics IG Corporate Bond ETFMIG | $21.19 | 0.16 | +0.74% | $22.25M | Investment grade | Fundamental |
|  Xtrackers California Municipal Bonds ETFCA | $24.32 | 0.14 | +0.58% | $21.88M | Investment grade | Vanilla |
|  JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETFBBIB | $98.50 | 0.37 | +0.38% | $21.68M | Investment grade | Vanilla |
|  RiverFront Dynamic Core IncomeRFCI | $22.27 | 0.03 | +0.12% | $21.15M | Broad credit | Active |
|  Eaton Vance High Yield ETFEVHY | $52.33 | 0.22 | +0.42% | $20.93M | High yield | Active |
| iShares iBonds Oct 2032 Term TIPS ETFIBII | $25.64 | 0.15 | +0.60% | $20.51M | Investment grade | Bullet maturity |
| iShares iBonds 2031 Term High Yield and Income ETFIBHK | $25.23 | 0.21 | +0.84% | $20.18M | High yield | Bullet maturity |
| ProShares Ultra 7-10 Year TreasuryUST | $42.60 | 0.37 | +0.88% | $20.04M | Investment grade | Vanilla |
|  First Trust New York Municipal High Income ETFFMNY | $25.85 | 0.14 | +0.54% | $19.39M | Investment grade | Active |
|  Carbon Collective Short Duration Green Bond ETFCCSB | $20.30 | 0.05 | +0.25% | $18.27M | Broad credit | Active |
|  Rareview Tax Advantaged Income ETFRTAI | $20.39 | 0.20 | +1.01% | $18.10M | Investment grade | Active |
|  WisdomTree U.S. Corporate Bond FundQIG | $44.10 | 0.36 | +0.82% | $17.64M | Investment grade | Fundamental |
|  US Treasury 30 Year Bond ETFUTHY | $41.96 | 0.42 | +1.01% | $17.62M | Investment grade | Vanilla |
| VanEck China Bond ETFCBON | $22.00 | -0.05 | -0.23% | $17.59M | Investment grade | Vanilla |
| Invesco BulletShares 2032 High Yield Corporate Bond ETFBSJW | $24.97 | 0.22 | +0.90% | $17.48M | High yield | Bullet maturity |
| S Performance Trust Short Term Bond ETFSTBF | $25.16 | 0.03 | +0.12% | $16.60M | Broad credit | Active |
|  Western Asset Bond ETFWABF | $25.03 | 0.20 | +0.79% | $16.27M | Broad credit | Active |
| iShares Interest Rate Hedged U.S. Aggregate Bond ETFAGRH | $25.78 | 0.04 | +0.15% | $15.46M | Investment grade | Duration hedged |
|  Goose Hollow Multi-Strategy Income ETFGHMS | $25.56 | 0.00 | 0.00% | $15.34M | Broad credit | Active |
| US Treasury 20 Year Bond ETFUTWY | $43.77 | 0.37 | +0.84% | $15.32M | Investment grade | Vanilla |
| ProShares Trust UltraShort Lehman 7-10 Year TreasuryPST | $23.09 | -0.26 | -1.09% | $15.01M | Investment grade | Vanilla |
| First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETFMFLX | $16.39 | -0.06 | -0.40% | $14.14M | Broad credit | Active |
| ProShares Ultra High YieldUJB | $72.67 | 1.22 | +1.71% | $13.81M | High yield | Vanilla |
|  Goldman Sachs Municipal Income ETFGMUB | $49.16 | 0.20 | +0.40% | $13.77M | Broad credit | Active |
|  Build Bond Innovation ETFBFIX | $25.29 | 0.08 | +0.32% | $13.40M | Investment grade | Active |
|  Virtus Stone Harbor Emerging Markets High Yield Bond ETFVEMY | $26.09 | 0.25 | +0.95% | $13.03M | High yield | Active |
|  ATAC Credit Rotation ETFJOJO | $14.73 | 0.14 | +0.99% | $12.97M | Broad credit | Active |
|  Western Asset Total Return ETFWBND | $19.83 | 0.15 | +0.76% | $12.89M | Broad credit | Active |
|  SPDR Nuveen Municipal Bond ESG ETFMBNE | $28.48 | 0.11 | +0.37% | $12.82M | Broad credit | Active |
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETFBBBI | $50.38 | 0.41 | +0.83% | $12.59M | Investment grade | Vanilla |
| Xtrackers High Beta High Yield Bond ETFHYUP | $41.12 | 0.29 | +0.72% | $12.36M | High yield | Technical |
| ProShares Short 7-10 Year TreasuryTBX | $28.50 | -0.10 | -0.33% | $12.26M | Investment grade | Vanilla |
|  BrandywineGLOBAL - U.S. Fixed Income ETFUSFI | $24.32 | 0.10 | +0.40% | $12.16M | Investment grade | Active |
| iShares ESG Advanced Investment Grade Corporate Bond ETFELQD | $80.71 | 0.65 | +0.81% | $12.12M | Investment grade | ESG |
| Western Asset Short Duration Income ETFWINC | $24.12 | 0.06 | +0.23% | $12.06M | Broad credit | Active |
|  Direxion Daily 7-10 Year Treasury Bear 3X Shares (based on the NYSE 7-10 Year Treasury Bond Index; symbol AXSVTN)TYO | $13.79 | -0.22 | -1.57% | $11.72M | Investment grade | Vanilla |
| WisdomTree 1-3 Year Laddered Treasury FundUSSH | $50.78 | 0.06 | +0.13% | $11.68M | Investment grade | Equal |
| Fidelity Sustainable Core Plus Bond ETFFSBD | $47.09 | 0.44 | +0.93% | $11.67M | Broad credit | Active |
|  Preferred-Plus ETFIPPP | $9.45 | 0.09 | +0.99% | $11.53M | Broad credit | Active |
| BondBloxx USD High Yield Bond Energy Sector ETFXHYE | $37.48 | 0.20 | +0.53% | $11.29M | High yield | Vanilla |
| VanEck HIP Sustainable Muni ETFSMI | $44.45 | 0.19 | +0.44% | $11.12M | Investment grade | Active |
| Virtus Newfleet Short Duration Core Plus Bond ETFSDCP | $25.72 | 0.00 | 0.00% | $11.06M | Broad credit | Active |
| JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETFBBLB | $83.77 | 0.95 | +1.14% | $10.89M | Investment grade | Vanilla |
| US Treasury 3 Year Note ETFUTRE | $49.65 | 0.09 | +0.19% | $10.43M | Investment grade | Vanilla |
|  American Beacon Ionic Inflation Protection ETFCPII | $19.48 | 0.02 | +0.12% | $10.37M | Investment grade | Active |
| First Trust Structured Credit Income Opportunities ETFSCIO | $20.30 | 0.05 | +0.24% | $10.15M | Broad credit | Active |
| First Trust Commercial Mortgage Opportunities ETFCAAA | $20.23 | 0.07 | +0.32% | $10.11M | Investment grade | Active |
|  Calamos Convertible Equity Alternative ETFCVRT | $28.69 | 0.32 | +1.14% | $10.04M | Broad credit | Active |
| Goldman Sachs Dynamic California Municipal Income ETFGCAL | $49.27 | 0.29 | +0.59% | $9.85M | Broad credit | Active |
| Goldman Sachs Community Municipal Bond ETFGMUN | $48.48 | 0.00 | +0.01% | $9.73M | Investment grade | ESG |
|  Federated Hermes Short Duration Corporate ETFFCSH | $24.20 | 0.11 | +0.44% | $9.44M | Investment grade | Active |
|  Quadratic Deflation ETFBNDD | $12.79 | 0.08 | +0.65% | $9.34M | Investment grade | Active |
| VanEck Moody's Analytics BBB Corporate Bond ETFMBBB | $21.08 | -0.01 | -0.06% | $8.43M | Investment grade | Fundamental |
|  ETRACS Monthly Pay 2xLeveraged Preferred Stock ETNPFFL | $8.29 | 0.13 | +1.57% | $8.31M | Broad credit | Vanilla |
|  Foundations Dynamic Income ETFFDTB | $9.49 | 0.00 | +0.05% | $7.89M | Broad credit | Active |
| Invesco High Yield Select ETFHIYS | $24.87 | 0.04 | +0.17% | $7.71M | High yield | Active |
| US Treasury 7 Year Note ETFUSVN | $48.05 | 0.23 | +0.49% | $7.69M | Investment grade | Vanilla |
| Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETFGSIG | $47.20 | 0.16 | +0.34% | $7.08M | Investment grade | Fundamental |
| BondBloxx BBB Rated 10+ Year Corporate Bond ETFBBBL | $47.03 | 0.57 | +1.22% | $7.07M | Investment grade | Vanilla |
| Goldman Sachs Ultra Short Municipal Income ETFGUMI | $50.09 | 0.02 | +0.03% | $6.51M | Investment grade | Active |
| Goldman Sachs Dynamic New York Municipal Income ETFGMNY | $48.81 | 0.22 | +0.44% | $6.34M | Broad credit | Active |
| iShares Inflation Hedged High Yield Bond ETFHYGI | $26.75 | 0.20 | +0.76% | $5.36M | High yield | Inflation hedged |
| Fidelity Sustainable Low Duration Bond ETFFSLD | $50.23 | -0.05 | -0.10% | $5.02M | Broad credit | Active |
|  Macquarie Tax-Free USA Short Term ETFSTAX | $25.09 | 0.00 | 0.00% | $5.02M | Broad credit | Active |
| Z X-Square Municipal Income ETFZTAX | $24.17 | 0.00 | +0.01% | $4.35M | Broad credit | Active |
| WisdomTree 7-10 Year Laddered Treasury FundUSIN | $49.67 | 0.00 | -0.01% | $2.98M | Investment grade | Equal |
| iShares Inflation Hedged U.S. Aggregate Bond ETFAGIH | $24.64 | 0.01 | +0.04% | $2.47M | Investment grade | Inflation hedged |
| iShares iBonds Dec 2054 Term Treasury ETFIBGK | $23.92 | 0.23 | +0.97% | $2.39M | Investment grade | Bullet maturity |
|  Global X Interest Rate Volatility & Inflation Hedge ETFIRVH | $21.14 | 0.02 | +0.09% | $2.33M | Investment grade | Active |
|  Kingsbarn Tactical Bond ETFKDRN | $23.37 | 0.11 | +0.48% | $1.17M | Broad credit | Active |
