Trading · ranked by IQ Liquidity Score, highest first
Most liquid ETFs
As of Oct 22, 2026, TFI is first at an IQ Liquidity Score of 100. See 100 funds ranked by IQ Liquidity Score, highest first. Updated Oct 22, 2026.
| # | Ticker | Fund | Score ↓ | Tier | Cost to trade | At $10,000 | Full cost to own · 1 yr | Fee | Flags | Net assets |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | TFI | State Street SPDR Nuveen ICE Municipal Bond ETF | 100 | Trades like a giant | 0.010% | $1.00 | 0.30% | 0.23% | None | $3.0bn |
| 2 | QLD | ProShares Ultra QQQ | 98 | Trades like a giant | 0.005% | $0.50 | 0.92% | 0.89% | None | $13.7bn |
| 3 | BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 97 | Trades like a giant | 0.005% | $0.50 | 0.15% | 0.14% | None | $51.1bn |
| 4 | TQQQ | ProShares UltraPro QQQ | 97 | Trades like a giant | 0.005% | $0.50 | 0.84% | 0.78% | None | $33.8bn |
| 5 | SSO | ProShares Ultra S&P500 | 97 | Trades like a giant | 0.005% | $0.50 | 0.88% | 0.84% | None | $8.6bn |
| 6 | BILS | State Street SPDR Bloomberg 3-12 Month T-Bill ETF | 97 | Trades like a giant | 0.005% | $0.50 | 0.15% | 0.14% | None | $4.0bn |
| 7 | SHM | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF | 97 | Trades like a giant | 0.010% | $1.00 | 0.27% | 0.20% | None | $3.5bn |
| 8 | SDS | ProShares UltraShort S&P500 | 97 | Trades like a giant | 0.010% | $1.00 | 0.97% | 0.91% | None | $383m |
| 9 | SPIB | State Street SPDR Portfolio Intermediate Term Corporate Bond ETF | 96 | Trades like a giant | 0.015% | $1.50 | 0.10% | 0.04% | None | $11.6bn |
| 10 | SPSB | State Street SPDR Portfolio Short Term Corporate Bond ETF | 96 | Trades like a giant | 0.015% | $1.50 | 0.09% | 0.04% | None | $11.2bn |
| 11 | UPRO | ProShares UltraPro S&P500 | 95 | Trades like a giant | 0.010% | $1.00 | 0.95% | 0.88% | None | $5.4bn |
| 12 | SH | ProShares Short S&P500 | 95 | Trades like a giant | 0.015% | $1.50 | 0.93% | 0.88% | None | $956m |
| 13 | NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 94 | Trades like a giant | 0.010% | $1.00 | 0.39% | 0.35% | None | $11.9bn |
| 14 | JNK | State Street SPDR Bloomberg High Yield Bond ETF | 94 | Trades like a giant | 0.005% | $0.50 | 0.52% | 0.40% | None | $5.6bn |
| 15 | SPTS | State Street SPDR Portfolio Short Term Treasury ETF | 93 | Trades like a giant | 0.015% | $1.50 | 0.08% | 0.03% | None | $7.3bn |
| 16 | FLRN | State Street SPDR Bloomberg Investment Grade Floating Rate ETF | 93 | Trades like a giant | 0.015% | $1.50 | 0.24% | 0.15% | None | $3.2bn |
| 17 | SQQQ | ProShares UltraPro Short QQQ | 93 | Trades like a giant | 0.015% | $1.50 | 1.02% | 0.94% | None | $2.0bn |
| 18 | PSQ | ProShares Short QQQ | 93 | Trades like a giant | 0.020% | $2.00 | 1.01% | 0.95% | None | $647m |
| 19 | ULST | State Street Ultra Short Term Bond ETF | 93 | Trades like a giant | 0.010% | $1.00 | 0.24% | 0.20% | None | $515m |
| 20 | DOG | ProShares Short Dow30 | 91 | Trades like a giant | 0.025% | $2.50 | 1.03% | 0.95% | None | $104m |
| 21 | SPTL | State Street SPDR Portfolio Long Term Treasury ETF | 90 | Trades like a giant | 0.020% | $2.00 | 0.10% | 0.03% | None | $11.7bn |
| 22 | SPTI | State Street SPDR Portfolio Intermediate Term Treasury ETF | 90 | Trades like a giant | 0.020% | $2.00 | 0.09% | 0.03% | None | $10.9bn |
| 23 | SPBO | State Street SPDR Portfolio Corporate Bond ETF | 90 | Trades like a giant | 0.020% | $2.00 | 0.13% | 0.03% | None | $2.1bn |
| 24 | SPIP | State Street SPDR Portfolio TIPS ETF | 90 | Trades like a giant | 0.020% | $2.00 | 0.18% | 0.12% | None | $1.1bn |
| 25 | UDOW | ProShares UltraPro Dow30 | 89 | Trades like a giant | 0.015% | $1.50 | 1.03% | 0.95% | None | $919m |
| 26 | STOT | State Street DoubleLine Short Duration Total Return Tactical ETF | 89 | Trades like a giant | 0.010% | $1.00 | 0.60% | 0.45% | None | $544m |
| 27 | SPTB | State Street SPDR Portfolio Treasury ETF | 89 | Trades like a giant | 0.015% | $1.50 | 0.09% | 0.03% | None | $463m |
| 28 | SPXU | ProShares UltraPro Short S&P500 | 89 | Trades like a giant | 0.015% | $1.50 | 0.99% | 0.90% | None | $423m |
| 29 | SPMB | State Street SPDR Portfolio Mortgage Backed Bond ETF | 88 | Trades like a giant | 0.025% | $2.50 | 0.14% | 0.04% | None | $6.9bn |
| 30 | SJNK | State Street SPDR Bloomberg Short Term High Yield Bond ETF | 88 | Trades like a giant | 0.020% | $2.00 | 0.56% | 0.40% | None | $4.3bn |
| 31 | USD | ProShares Ultra Semiconductors | 88 | Trades like a giant | 0.025% | $2.50 | 1.06% | 0.94% | None | $2.3bn |
| 32 | TIPX | State Street SPDR Bloomberg 1-10 Year TIPS ETF | 88 | Trades like a giant | 0.025% | $2.50 | 0.23% | 0.15% | None | $2.1bn |
| 33 | ROM | ProShares Ultra Technology | 88 | Trades like a giant | 0.040% | $4.00 | 1.06% | 0.93% | None | $1.2bn |
| 34 | DDM | ProShares Ultra Dow30 | 88 | Trades like a giant | 0.025% | $2.50 | 1.03% | 0.95% | None | $536m |
| 35 | QID | ProShares UltraShort QQQ | 88 | Trades like a giant | 0.040% | $4.00 | 1.07% | 0.95% | None | $235m |
| 36 | UWM | ProShares Ultra Russell2000 | 88 | Trades like a giant | 0.020% | $2.00 | 1.05% | 0.95% | None | $213m |
| 37 | RWM | ProShares Short Russell2000 | 88 | Trades like a giant | 0.035% | $3.50 | 1.06% | 0.95% | None | $144m |
| 38 | TWM | ProShares UltraShort Russell2000 | 88 | Trades like a giant | 0.020% | $2.00 | 1.05% | 0.95% | Small but liquid | $61m |
| 39 | SPHY | State Street SPDR Portfolio High Yield Bond ETF | 87 | Trades like a giant | 0.020% | $2.00 | 0.23% | 0.05% | None | $11.7bn |
| 40 | SRLN | State Street Blackstone Senior Loan ETF | 87 | Trades like a giant | 0.010% | $1.00 | 0.81% | 0.70% | None | $5.3bn |
| 41 | BITI | ProShares Short Bitcoin ETF | 87 | Trades like a giant | 0.030% | $3.00 | 1.12% | 1.02% | Small but liquid | $73m |
| 42 | DXD | ProShares UltraShort Dow30 | 87 | Trades like a giant | 0.030% | $3.00 | 1.05% | 0.95% | Small but liquid | $44m |
| 43 | SEF | ProShares Short Financials | 87 | Trades like a giant | 0.030% | $3.00 | 1.04% | 0.95% | Small but liquid | $14m |
| 44 | SPAB | State Street SPDR Portfolio Aggregate Bond ETF | 86 | Trades like a giant | 0.020% | $2.00 | 0.10% | 0.03% | None | $10.5bn |
| 45 | SPLB | State Street SPDR Portfolio Long Term Corporate Bond ETF | 86 | Trades like a giant | 0.025% | $2.50 | 0.20% | 0.04% | None | $1.2bn |
| 46 | FISR | State Street Fixed Income Sector Rotation ETF | 86 | Trades like a giant | 0.020% | $2.00 | 0.58% | 0.50% | None | $641m |
| 47 | TBF | ProShares Short 20+ Year Treasury | 86 | Trades like a giant | 0.020% | $2.00 | 1.04% | 0.95% | None | $122m |
| 48 | SRTY | ProShares UltraPro Short Russell2000 | 86 | Trades like a giant | 0.020% | $2.00 | 1.10% | 0.95% | Small but liquid | $70m |
| 49 | MYCI | State Street My2029 Corporate Bond ETF | 86 | Trades like a giant | 0.020% | $2.00 | 0.24% | 0.15% | Small but liquid | $58m |
| 50 | EUM | ProShares Short MSCI Emerging Markets | 86 | Trades like a giant | 0.030% | $3.00 | 1.07% | 0.95% | Small but liquid | $15m |
| 51 | HYMB | State Street SPDR Nuveen ICE High Yield Municipal Bond ETF | 85 | Trades like a giant | 0.020% | $2.00 | 0.73% | 0.35% | None | $3.8bn |
| 52 | MYCH | State Street My2028 Corporate Bond ETF | 85 | Trades like a giant | 0.020% | $2.00 | 0.27% | 0.15% | None | $878m |
| 53 | ETHT | ProShares Ultra Ether ETF | 85 | Trades like a giant | 0.030% | $3.00 | 1.09% | 0.96% | None | $245m |
| 54 | UYG | ProShares Ultra Financials | 84 | Liquid | 0.045% | $4.50 | 1.09% | 0.94% | None | $783m |
| 55 | BITU | ProShares Ultra Bitcoin ETF | 84 | Liquid | 0.035% | $3.50 | 1.08% | 0.95% | None | $543m |
| 56 | URTY | ProShares UltraPro Russell2000 | 84 | Liquid | 0.025% | $2.50 | 1.11% | 0.95% | None | $275m |
| 57 | SDOW | ProShares UltraPro Short Dow30 | 84 | Liquid | 0.020% | $2.00 | 1.04% | 0.95% | None | $143m |
| 58 | SBIT | ProShares UltraShort Bitcoin ETF | 84 | Liquid | 0.035% | $3.50 | 1.09% | 0.95% | None | $114m |
| 59 | SPCF | ProShares Ultra SpaceX | 84 | Liquid | 0.030% | $3.00 | 1.12% | 0.95% | Small but liquid | $87m |
| 60 | SKF | ProShares UltraShort Financials | 84 | Liquid | 0.040% | $4.00 | 1.10% | 0.95% | Small but liquid | $10m |
| 61 | BITO | ProShares Bitcoin ETF | 83 | Liquid | 0.045% | $4.50 | 1.09% | 0.95% | None | $1.6bn |
| 62 | IQQQ | ProShares Nasdaq-100 High Income ETF | 83 | Liquid | 0.090% | $9.00 | 0.77% | 0.55% | None | $383m |
| 63 | EBND | State Street SPDR Bloomberg Emerging Markets Local Bond ETF | 82 | Liquid | 0.025% | $2.50 | 0.52% | 0.30% | None | $2.3bn |
| 64 | PRIV | State Street IG Public & Private Credit ETF | 82 | Liquid | 0.040% | $4.00 | 0.71% | 0.55% | None | $809m |
| 65 | UCO | ProShares Ultra Bloomberg Crude Oil | 82 | Liquid | 0.010% | $1.00 | 1.41% | 0.95% | Price can drift from value | $474m |
| 66 | DUG | ProShares UltraShort Energy | 82 | Liquid | 0.035% | $3.50 | 1.09% | 0.95% | Small but liquid | $33m |
| 67 | MYY | ProShares Short MidCap400 | 82 | Liquid | 0.065% | $6.50 | 1.12% | 0.95% | Small but liquid | $4m |
| 68 | MYCO | State Street My2035 Corporate Bond ETF | 81 | Liquid | 0.045% | $4.50 | 0.32% | 0.15% | Small but liquid | $7m |
| 69 | EMHC | State Street SPDR Bloomberg Emerging Markets USD Bond ETF | 80 | Liquid | 0.020% | $2.00 | 0.47% | 0.23% | None | $315m |
| 70 | RXL | ProShares Ultra Health Care | 80 | Liquid | 0.065% | $6.50 | 1.14% | 0.95% | None | $107m |
| 71 | UCC | ProShares Ultra Consumer Discretionary | 80 | Liquid | 0.060% | $6.00 | 1.14% | 0.95% | Small but liquid | $9m |
| 72 | QQXL | ProShares Ultra QQQ Top 30 | 80 | Liquid | 0.060% | $6.00 | 1.14% | 0.96% | Small but liquid | $5m |
| 73 | MYCF | State Street My2026 Corporate Bond ETF | 79 | Liquid | 0.040% | $4.00 | 0.27% | 0.15% | Small but liquid | $51m |
| 74 | MYCG | State Street My2027 Corporate Bond ETF | 79 | Liquid | 0.040% | $4.00 | 0.28% | 0.15% | Small but liquid | $45m |
| 75 | OBND | State Street Loomis Sayles Opportunistic Bond ETF | 79 | Liquid | 0.020% | $2.00 | 0.80% | 0.55% | Small but liquid | $31m |
| 76 | MYCJ | State Street My2030 Corporate Bond ETF | 78 | Liquid | 0.040% | $4.00 | 0.32% | 0.15% | Small but liquid | $51m |
| 77 | SSG | ProShares UltraShort Semiconductors | 78 | Liquid | 0.050% | $5.00 | 1.14% | 0.95% | Small but liquid | $41m |
| 78 | UPW | ProShares Ultra Utilities | 78 | Liquid | 0.055% | $5.50 | 1.17% | 0.95% | Small but liquid | $13m |
| 79 | REK | ProShares Short Real Estate | 78 | Liquid | 0.030% | $3.00 | 1.06% | 0.95% | Small but liquidOne dealer | $12m |
| 80 | UXI | ProShares Ultra Industrials | 77 | Liquid | 0.080% | $8.00 | 1.20% | 0.95% | Small but liquid | $25m |
| 81 | UPV | ProShares Ultra FTSE Europe | 77 | Liquid | 0.085% | $8.50 | 1.16% | 0.95% | Small but liquid | $12m |
| 82 | SMDD | ProShares UltraPro Short MidCap400 | 77 | Liquid | 0.060% | $6.00 | 1.20% | 0.95% | Small but liquid | $2m |
| 83 | MVV | ProShares Ultra MidCap400 | 76 | Liquid | 0.070% | $7.00 | 1.14% | 0.95% | None | $145m |
| 84 | DIG | ProShares Ultra Energy | 76 | Liquid | 0.045% | $4.50 | 1.11% | 0.95% | Small but liquid | $93m |
| 85 | EUO | ProShares UltraShort Euro | 76 | Liquid | 0.060% | $6.00 | 1.17% | 0.95% | Small but liquid | $45m |
| 86 | EQQQ | ProShares Ultra QQQ Equal Weight | 76 | Liquid | 0.080% | $8.00 | 1.16% | 0.95% | Small but liquid | $5m |
| 87 | REW | ProShares UltraShort Technology | 76 | Liquid | 0.10% | $10 | 1.23% | 0.95% | Small but liquid | $4m |
| 88 | SZK | ProShares UltraShort Consumer Staples | 76 | Liquid | 0.065% | $6.50 | 1.20% | 0.95% | Small but liquid | $633,342 |
| 89 | BWX | State Street SPDR Bloomberg International Treasury Bond ETF | 75 | Liquid | 0.025% | $2.50 | 0.56% | 0.35% | One dealer | $1.3bn |
| 90 | UGL | ProShares Ultra Gold | 75 | Liquid | 0.010% | $1.00 | 1.43% | 0.95% | None | $686m |
| 91 | TBX | ProShares Short 7-10 Year Treasury | 75 | Liquid | 0.10% | $10 | 1.17% | 0.95% | Small but liquid | $24m |
| 92 | SRS | ProShares UltraShort Real Estate | 75 | Liquid | 0.055% | $5.50 | 1.12% | 0.95% | Small but liquid | $17m |
| 93 | MYMF | State Street My2026 Municipal Bond ETF | 75 | Liquid | 0.040% | $4.00 | 0.41% | 0.20% | Small but liquid | $9m |
| 94 | MYHA | State Street My2027 High Yield Corporate Bond ETF | 75 | Liquid | 0.060% | $6.00 | 0.64% | 0.39% | Small but liquid | $5m |
| 95 | SCC | ProShares UltraShort Consumer Discretionary | 75 | Liquid | 0.065% | $6.50 | 1.16% | 0.95% | Small but liquidOne dealer | $3m |
| 96 | SDP | ProShares UltraShort Utilities | 75 | Liquid | 0.060% | $6.00 | 1.18% | 0.95% | Small but liquid | $2m |
| 97 | ISPY | ProShares S&P 500 High Income ETF | 74 | Liquid | 0.070% | $7.00 | 0.77% | 0.55% | None | $1.2bn |
| 98 | CSM | ProShares Large Cap Core Plus | 74 | Liquid | 0.045% | $4.50 | 0.59% | 0.45% | None | $553m |
| 99 | TBT | ProShares UltraShort 20+ Year Treasury | 74 | Liquid | 0.070% | $7.00 | 1.14% | 0.93% | None | $298m |
| 100 | UGE | ProShares Ultra Consumer Staples | 74 | Liquid | 0.055% | $5.50 | 1.17% | 0.95% | Small but liquid | $10m |
Most liquid ETFs, ranked by IQ Liquidity Score, highest first, as of Oct 22, 2026. Scores and tiers as of Oct 22, 2026. Cost to trade is one way for a $10,000 order, half the issuer’s median spread over the 30 days to Oct 22, 2026. Full cost to own is for $10,000 held a year, with the median premium over 12 months to Oct 22, 2026. Source: ETFIQ.
Method
Every scored ETF, by its IQ Liquidity Score: the issuer’s 30-day median spread, what the holdings can absorb in a day, the premium to NAV over 12 months, the active dealers and bad days, on fixed anchors. A tie is broken by net assets. 181 of the 4,708 ETFs that may be listed qualify tonight, and the first 100 are shown.
The rest of the method
The IQ Liquidity Score measures trading conditions, not the fund, and no list here is a recommendation. The list sorts one published figure, with no scoring or weighting. Too new and closing funds are left out, as are funds no longer listed.
Where to next
ETF trading costs and liquidity→How the IQ Liquidity Score is built→Most liquid small ETFs53 →Low-volume ETFs with deep liquidity6 →ETFs whose full cost to own is far above the fee8 →Widest ETF premiums and discounts, last 30 days100 →ETFs with the most days more than 1% from NAV100 →ETFs with one active authorized participant100 →ETFs with the most authorized participants100 →ETFs with the tightest bid-ask spreads100 →The trading score file→
Where these figures came from
Rule 6c-11, what every ETF must publish daily: its spread, premium and holdings ↗SEC EDGAR, full-text search of fund filings ↗SEC Form N-PORT, what a fund filed it holds ↗Rule 19a-1, what a distribution notice must say ↗
ETFIQ links to the documents behind every figure; a link is not an endorsement. A ranking is not a recommendation or an opinion.
Questions people ask
What is the IQ Liquidity Score?
A measure of how easy an ETF is to trade, from 0 to 100, where 100 is best. It combines the spread, what the holdings can absorb in a day, the premium to NAV, the active dealers and bad days. It is not a rating.
Which ETF tops this list as of Oct 22, 2026?
TFI, with an IQ Liquidity Score of 100, Trades like a giant, of 100 funds listed.
Cite this pageCitation, APA and Markdown
ETFIQ, Most liquid ETFs, ranked by IQ Liquidity Score, highest first, data as of Oct 22, 2026. https://etfiq.com/rankings/trading-most-liquid-etfs
ETFIQ. (Oct 22, 2026). Most liquid ETFs, ranked by IQ Liquidity Score, highest first. Retrieved from https://etfiq.com/rankings/trading-most-liquid-etfs
[Most liquid ETFs, ranked by IQ Liquidity Score, highest first (ETFIQ, Oct 22, 2026)](https://etfiq.com/rankings/trading-most-liquid-etfs)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.