ProShares GENIUS Money Market ETF
The ETF.net IQMM Grade
B
Score 61 out of 100
- 34 of 78
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B66 out of 100Rank 23 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 69 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A87 out of 100Rank 5 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 58 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 24 of 78
Our read on IQMM
In short
BA money market strategy in an ETF shell: Treasury-oriented, pays monthly, tradable all day, 0.15% a year. ProShares built it for the boring job cash needs done, with a mandate that puts liquidity and preservation of capital first.
Stated mandate
The Fund seeks current income while emphasizing liquidity and preservation of capital.
Why people hold it
Worth knowing
IQMM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
IQMM$10,096
Returns run to the Nov 4, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IQMM |
|---|---|
| Year to date | |
| 1 month | +0.4% |
| 3 months | +1.0% |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IQMM |
|---|---|---|
| 2026 YTD | +2.6% |
IQMM in the news
IQMM Dividends
- $0.08 per share
- Weekly
Distribution data unavailable.
IQMM Risk
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.004
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
IQMM Cost
Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income
$2,499
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
IQMM 0.15%
$3,137
XHLF 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | IQMM | XHLF | Overpaying |
|---|---|---|---|
| 10 | $274 | $55 | $219 |
| 20 | $1,071 | $216 | $855 |
| 30 | $3,137 | $638 | $2,499 |
You pay 0.15%Waived by ProShares 0.05%
Full fee 0.20% waiver 0.05% you pay 0.15%
Other funds in Cash & Ultra-Short Income
- BOBILUS Treasury 12 Month Bill ETFExpense ratio 0.15%1 year return +3.3%
- BCGOVCorgi 0-3 Month T-Bill ETFExpense ratio 0.05%1 year return
- BMINTPIMCO Enhanced Short Maturity Active Exchange-Traded FundExpense ratio 0.36%1 year return +4.2%
- BVNLAJanus Henderson Short Duration Income ETFExpense ratio 0.23%1 year return +3.7%
- BFTSMFirst Trust Enhanced Short Maturity ETFExpense ratio 0.29%1 year return +3.6%
