The following table lists the top 25 most popular exchange-traded funds, ranked by 125-day exponential moving average volume. Sorting by average trading volume gives us a good picture of how popular a particular ETF has been over the past few months. Trading volume is the number of shares traded during a given period for each ETF. For our purposes, we are using the 125-day exponential moving average trading volume, as this average is less susceptible to daily fluctuations than is the normal daily volume metric; thus it is more indicative of overall liquidity of the security.

* Market Cap is shown in millions of dollars.

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