|  JPMorgan U.S. Momentum Factor ETFJMOM | $83.29 | 0.65 | +0.79% | $2.49B | Large cap | Momentum |
|  iShares Trust iShares Paris-Aligned Climate Optimized MSCI USA ETFPABU | $76.36 | -0.25 | -0.33% | $2.46B | Theme | ESG |
| iShares U.S. Home Construction ETFITB | $97.19 | 0.89 | +0.92% | $2.46B | Theme | Vanilla |
|  Direxion Daily Financial Bull 3x ETFFAS | $168.41 | 1.40 | +0.84% | $2.45B | Financials | Vanilla |
|  ActivePassive U.S. Equity ETFAPUE | $46.42 | 0.17 | +0.38% | $2.43B | Total market | Active |
|  First Trust Nasdaq Semiconductor ETFFTXL | $248.54 | 6.93 | +2.87% | $2.40B | Information technology | Multi-factor |
|  EA Bridgeway Omni Small-Cap Value ETFBSVO | $29.07 | 0.03 | +0.10% | $2.39B | Small cap | Active |
|  Fidelity MSCI Utilities Index ETFFUTY | $58.93 | 0.01 | +0.02% | $2.38B | Utilities | Vanilla |
|  Aptus Collared Investment Opportunity ETFACIO | $46.50 | 0.15 | +0.31% | $2.38B | Large cap | Active |
|  VanEck Rare Earth and Strategic Metals ETFREMX | $79.09 | 2.82 | +3.69% | $2.37B | Materials | Vanilla |
| First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETFFTHI | $23.89 | 0.07 | +0.28% | $2.37B | Total market | Active |
|  Schwab International Dividend Equity ETFSCHY | $32.19 | 0.09 | +0.26% | $2.37B | High dividend yield | Multi-factor |
|  Goldman Sachs MarketBeta U.S. 1000 Equity ETFGUSA | $65.01 | 0.27 | +0.42% | $2.35B | Large cap | Vanilla |
| Fidelity MSCI Financials Index ETFFNCL | $80.12 | 0.26 | +0.33% | $2.34B | Financials | Vanilla |
|  Invesco Large Cap Growth ETFPWB | $161.65 | 2.81 | +1.77% | $2.33B | Large cap | Growth |
| Fidelity MSCI Industrials Index ETFFIDU | $96.13 | 0.28 | +0.29% | $2.32B | Industrials | Vanilla |
|  Capital Group International Equity ETFCGIE | $36.42 | 0.24 | +0.68% | $2.32B | Total market | Active |
|  Pacer US Large Cap Cash Cows Growth Leaders ETFCOWG | $38.98 | 0.41 | +1.06% | $2.30B | Large cap | Growth |
| iShares U.S. Transportation ETFIYT | $87.66 | -0.39 | -0.44% | $2.30B | Industrials | Vanilla |
| iShares MSCI Global Gold Miners ETFRING | $64.32 | 1.07 | +1.70% | $2.27B | Materials | Vanilla |
|  Xtrackers MSCI EAFE High Dividend Yield Equity ETFHDEF | $32.75 | 0.06 | +0.19% | $2.26B | High dividend yield | Multi-factor |
|  Dimensional US Sustainability Core 1 ETFDFSU | $47.29 | 0.14 | +0.30% | $2.26B | Total market | Active |
| iShares Global Energy ETFIXC | $52.74 | 0.20 | +0.39% | $2.22B | Energy | Vanilla |
|  Global X MLP ETFMLPA | $55.09 | 0.04 | +0.07% | $2.21B | Energy | Vanilla |
| iShares Russell Top 200 ETFIWL | $186.33 | 0.95 | +0.51% | $2.21B | Large cap | Vanilla |
|  FlexShares Quality Dividend Index FundQDF | $90.18 | 0.27 | +0.30% | $2.21B | Total market | Multi-factor |
| Invesco S&P 500 GARP ETFSPGP | $123.28 | -1.02 | -0.82% | $2.20B | Large cap | Fundamental |
|  WisdomTree International Hedged Quality Dividend Growth FundIHDG | $52.28 | 0.14 | +0.28% | $2.20B | Total market | Multi-factor |
| Global X Funds Global X Data Center & Digital Infrastructure ETFDTCR | $28.53 | 0.14 | +0.49% | $2.20B | Real estate | Vanilla |
| iShares MSCI Global Metals & Mining Producers ETFPICK | $58.39 | 1.83 | +3.24% | $2.20B | Materials | Vanilla |
|  T. Rowe Price Blue Chip Growth ETFTCHP | $50.51 | 0.78 | +1.57% | $2.20B | Total market | Active |
| FlexShares Morningstar US Market Factors Tilt Index FundTILT | $277.00 | 0.74 | +0.27% | $2.19B | Total market | Multi-factor |
|  State Street SPDR NYSE Technology ETFXNTK | $362.81 | 4.83 | +1.35% | $2.18B | Information technology | Equal |
| Invesco S&P 500 Pure Growth ETFRPG | $59.79 | 1.00 | +1.71% | $2.17B | Large cap | Growth |
| B Bahl & Gaynor Income Growth ETFBGIG | $35.93 | -0.11 | -0.30% | $2.17B | Large cap | Active |
| WisdomTree U.S. SmallCap Dividend FundDES | $40.33 | 0.13 | +0.32% | $2.17B | Small cap | Dividends |
|  Nuveen ESG Large-Cap Value ETFNULV | $51.27 | -0.29 | -0.57% | $2.17B | Large cap | Value |
| iShares MSCI Pacific ex Japan ETFEPP | $54.94 | 0.65 | +1.19% | $2.16B | Total market | Vanilla |
|  ProShares UltraPro Short QQQSQQQ | $38.55 | -1.40 | -3.49% | $2.13B | Large cap | Exchange-specific |
| WisdomTree Emerging Markets ex-State-Owned Enterprises FundXSOE | $46.92 | 0.78 | +1.68% | $2.12B | Total market | ESG |
| Capital Group International Core Equity ETFCGIC | $35.73 | 0.30 | +0.86% | $2.12B | Total market | Active |
|  Innovator Equity Managed Floor ETFSFLR | $38.84 | 0.14 | +0.36% | $2.11B | Large cap | Active |
| VanEck Oil Services ETFOIH | $385.84 | 2.94 | +0.77% | $2.08B | Energy | Vanilla |
| State Street SPDR S&P Homebuilders ETFXHB | $108.19 | 1.12 | +1.04% | $2.08B | Theme | Equal |
| iShares Select U.S. REIT ETFICF | $68.50 | -0.15 | -0.22% | $2.08B | Real estate | Fundamental |
|  Franklin U.S. Large Cap Multifactor Index ETFFLQL | $78.08 | 0.52 | +0.67% | $2.07B | Large cap | Multi-factor |
| iShares U.S. Financial Services ETFIYG | $94.62 | 0.62 | +0.66% | $2.06B | Financials | Vanilla |
|  Motley Fool 100 Index ETFTMFC | $77.80 | 0.63 | +0.82% | $2.06B | Total market | Copycat |
| WisdomTree India Earnings Fund ETFEPI | $42.30 | -0.03 | -0.06% | $2.05B | Total market | Fundamental |
|  American Century U.S. Quality Growth ETFQGRO | $116.94 | 0.49 | +0.43% | $2.05B | Total market | Growth |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETFBBMC | $124.76 | 0.29 | +0.23% | $2.04B | Mid cap | Vanilla |
|  ARK Autonomous Technology & Robotics ETFARKQ | $122.34 | 1.64 | +1.36% | $2.03B | Theme | Active |
| Invesco S&P SmallCap 600 Revenue ETFRWJ | $59.72 | -0.05 | -0.08% | $2.01B | Small cap | Fundamental |
| JPMorgan Equity Focus ETFJPEF | $80.93 | 0.58 | +0.72% | $2.00B | Total market | Active |
| Franklin U.S. Equity Index ETFUSPX | $65.75 | 0.26 | +0.40% | $2.00B | Total market | Vanilla |
| iShares MSCI Switzerland ETFEWL | $62.45 | 0.03 | +0.06% | $1.99B | Total market | Vanilla |
|  Columbia EM Core ex-China ETFXCEM | $49.73 | 0.66 | +1.36% | $1.98B | Total market | Vanilla |
| Invesco Water Resources ETFPHO | $68.76 | -0.14 | -0.20% | $1.98B | Theme | Vanilla |
| iShares MSCI Spain ETFEWP | $59.28 | 0.34 | +0.58% | $1.97B | Total market | Vanilla |
|  ROBO Global Robotics & Automation Index ETFROBO | $80.63 | 0.07 | +0.09% | $1.97B | Theme | Equal |
| iShares U.S. Industrials ETFIYJ | $163.31 | 0.38 | +0.23% | $1.97B | Industrials | Vanilla |
| Dimensional Emerging Markets Value ETFDFEV | $41.32 | 0.57 | +1.41% | $1.96B | Total market | Active |
|  Roundhill Generative AI & Technology ETFCHAT | $88.88 | 1.25 | +1.42% | $1.93B | Theme | Active |
|  FT Vest Laddered Deep Buffer ETFBUFD | $29.86 | 0.04 | +0.15% | $1.93B | Large cap | Buy-write |
| Fidelity MSCI Energy Index ETFFENY | $31.65 | 0.14 | +0.43% | $1.92B | Energy | Vanilla |
|  Avantis International Large Cap Value ETFAVIV | $78.95 | 0.69 | +0.88% | $1.91B | Large cap | Active |
| Invesco RAFI Emerging Markets ETFPXH | $28.30 | 0.17 | +0.59% | $1.90B | Total market | Fundamental |
|  NYLI FTSE International Equity Currency Neutral ETFHFXI | $37.45 | 0.55 | +1.49% | $1.89B | Total market | Vanilla |
| Capital Group Conservative Equity ETFCGCV | $32.85 | -0.12 | -0.37% | $1.89B | Total market | Active |
|  Distillate U.S. Fundamental Stability & Value ETFDSTL | $61.87 | -0.73 | -1.17% | $1.89B | Large cap | Active |
| iShares MSCI Mexico ETFEWW | $75.34 | 1.19 | +1.60% | $1.88B | Total market | Vanilla |
| Goldman Sachs Equal Weight U.S. Large Cap Equity ETFGSEW | $94.81 | -0.16 | -0.17% | $1.87B | Large cap | Equal |
|  Vanguard U.S. Momentum Factor ETFVFMO | $235.33 | 3.59 | +1.55% | $1.86B | Total market | Active |
|  Sprott Uranium Miners ETFURNM | $51.60 | 1.39 | +2.77% | $1.86B | Theme | Vanilla |
| First Trust Large Cap Core AlphaDEX FundFEX | $136.64 | 0.23 | +0.17% | $1.86B | Large cap | Multi-factor |
| iShares Emerging Markets Equity Factor ETFEMGF | $69.91 | 0.84 | +1.21% | $1.85B | Total market | Multi-factor |
| Vanguard S&P Small-Cap 600 Value ETFVIOV | $116.23 | 0.15 | +0.13% | $1.84B | Small cap | Value |
| State Street SPDR Dow Jones REIT ETFRWR | $114.61 | -0.02 | -0.02% | $1.84B | Real estate | Vanilla |
| First Trust Water ETFFIW | $107.88 | 0.39 | +0.36% | $1.84B | Theme | Equal |
| State Street SPDR Portfolio MSCI Global Stock Market ETFSPGM | $85.53 | 0.47 | +0.55% | $1.84B | Total market | Vanilla |
| Fidelity MSCI Communication Services Index ETFFCOM | $72.11 | 0.13 | +0.18% | $1.83B | Communication services | Vanilla |
| WisdomTree Europe Hedged Equity FundHEDJ | $56.29 | 0.04 | +0.08% | $1.82B | Total market | Fundamental |
| iShares MSCI USA Equal Weighted ETFEUSA | $114.48 | -0.14 | -0.12% | $1.81B | Total market | Equal |
|  AB International Low Volatility Equity ETFILOW | $45.54 | 0.17 | +0.38% | $1.80B | Total market | Active |
| First Trust Nasdaq-100 Select Equal Weight ETFQQEW | $157.53 | 0.56 | +0.35% | $1.78B | Large cap | Exchange-specific |
| WisdomTree Emerging Markets SmallCap Dividend FundDGS | $63.43 | 0.13 | +0.21% | $1.76B | Small cap | Dividends |
| Pacer Developed Markets International Cash Cows 100 ETFICOW | $42.49 | 0.12 | +0.29% | $1.76B | Total market | Multi-factor |
| Dimensional US Real Estate ETFDFAR | $26.50 | -0.03 | -0.09% | $1.75B | Real estate | Active |
| ProShares S&P MidCap 400 Dividend Aristocrats ETFREGL | $91.90 | -0.25 | -0.27% | $1.75B | Mid cap | Dividends |
|  VictoryShares US Small Mid Cap Value Momentum ETFUSVM | $108.70 | 0.16 | +0.15% | $1.73B | Extended market | Multi-factor |
| ARK Next Generation Internet ETFARKW | $148.58 | 2.60 | +1.78% | $1.72B | Theme | Active |
| Pacer Metaurus US Large Cap Dividend Multiplier 400 ETFQDPL | $45.73 | 0.13 | +0.30% | $1.70B | Large cap | Dividends |
| Goldman Sachs ActiveBeta Emerging Markets Equity ETFGEM | $50.09 | 0.82 | +1.66% | $1.69B | Total market | Multi-factor |
| Fidelity MSCI Consumer Discretionary Index ETFFDIS | $101.84 | -0.01 | -0.01% | $1.68B | Consumer discretionary | Vanilla |
| iShares U.S. Energy ETFIYE | $60.52 | 0.25 | +0.42% | $1.68B | Energy | Vanilla |
| Invesco BuyBack Achievers ETFPKW | $142.29 | -1.51 | -1.05% | $1.66B | Total market | Fundamental |
| ARK Genomic Revolution ETFARKG | $41.08 | 0.48 | +1.19% | $1.66B | Theme | Active |
| JPMorgan ActiveBuilders Emerging Markets Equity ETFJEMA | $61.21 | 1.03 | +1.71% | $1.66B | Total market | Active |
| iShares Morningstar Mid-Cap ETFIMCB | $97.15 | 0.13 | +0.13% | $1.64B | Mid cap | Fundamental |
| Vanguard S&P Mid-Cap 400 Growth ETFIVOG | $141.51 | 0.92 | +0.66% | $1.64B | Mid cap | Growth |
