---
ticker: "GMMF"
name: "iShares Government Money Market ETF"
url: "https://etf.net/etf/GMMF"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Cash & Ultra-Short Income"
category_rank: "46 of 78"
methodology: "https://etf.net/methodology"
---

# GMMF: iShares Government Money Market ETF

Grade **B**, Score 57 of 100. Rank 46 of 78 in Cash & Ultra-Short Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 42 | 39 of 78 |
| Mission | 80 | 62 of 66 |
| Risk | 68 | 1 of 75 |
| Tradability | 55 | 30 of 78 |
| Holdings | 43 | 59 of 77 |
| Durability | 46 | 50 of 78 |

## Top holdings

The fund holds 162 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Treasury Bill | 11.56% |
| 2 | — | Treasury Bill | 5.66% |
| 3 | — | Treasury Bill | 5.52% |
| 4 | — | Treasury Bill | 5.51% |
| 5 | — | Treasury Bill | 4.48% |
| 6 | — | Treasury Bill | 3.59% |
| 7 | — | Treasury Bill | 3.59% |
| 8 | — | Treasury Bill | 2.76% |
| 9 | — | Treasury Bill | 2.60% |
| 10 | — | Treasury Bill | 2.07% |
| 11 | — | Treasury Bill | 1.91% |
| 12 | — | Fhlb | 1.90% |
| 13 | — | Fhlb | 1.84% |
| 14 | — | Treasury Floating Rate Note | 1.84% |
| 15 | — | Treasury Bill | 1.70% |
| 16 | — | Treasury Bill | 1.52% |
| 17 | — | Treasury Bill | 1.24% |
| 18 | — | Treasury Bill | 1.18% |
| 19 | — | Fhlb | 1.14% |
| 20 | — | Federal Farm Credit Bank | 1.05% |
| 21 | — | Federal Farm Credit Banks Funding | 1.05% |
| 22 | — | Federal Home Loan Banks | 1.05% |
| 23 | — | Treasury Bill | 1.05% |
| 24 | — | Ffcb | 0.94% |
| 25 | — | Fhlb | 0.92% |
| 26 | — | Treasury Bill | 0.90% |
| 27 | — | Treasury Note | 0.88% |
| 28 | — | Treasury Floating Rate Note | 0.87% |
| 29 | — | Treasury Bill | 0.83% |
| 30 | — | Treasury Floating Rate Note | 0.82% |

Source: etf.net, https://etf.net/etf/GMMF. Please cite the page URL.