ProShares - GENIUS Money Market ETF
$100.07−0.06 (−0.06%)
- 0.15%
- $19.0B
- 1.6M sh
- $100.12
- low $100.00high $100.25
The ETF.net IQMM Grade
B
Score 63 out of 100
- 33 of 78
Score 63 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.B68 out of 100Rank 21 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.C40 out of 100Rank 63 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.C46 out of 100Rank 52 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 23 of 78
Our read on IQMM
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.
The Fund seeks current income while emphasizing liquidity and preservation of capital.
Why people hold it
- Charges 0.15% a year against a 0.20% median for cash-alternative ETFs. On money you are parking, the fee gap is most of the story.
- A multi-billion-dollar fund that trades actively, which tends to show up as tighter spreads on the days you actually need the cash out.
- The mandate is plainly written: current income while emphasizing liquidity and preservation of capital. Income lands monthly.proshares.com
- Rates as one of the stronger builds in the cash-alternative group on cost and tradability together, not just one of the two.
Worth knowing
- ICSH undercuts it at 0.08%. If price is the only tiebreak in your cash sleeve, that is the cheaper door.
- Launched in 2026, so it carries less operating history than the long-running names sharing this shelf.
- Income here follows short-term Treasury rates, so the size of the monthly distribution moves with them rather than sitting still.
IQMM Holdings
- Other
- 12
- 89%
- TREASURY BILL, 0%, due 2026-12-03
IQMM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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IQMM$10,092
Returns run to the Oct 12, 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 | +0.3% |
| 3 months | +0.9% |
| 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 | +2.3% |
IQMM in the news
IQMM Dividends
- $0.07 per share
- Weekly
Distribution data unavailable.
Distribution history
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.
IQMM Cost
0.15%
IQMM0.15%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
20 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- BMINTPIMCO Enhanced Short Maturity Active Exchange-Traded FundExpense ratio 0.36%1 year return +4.2%
- BCGOVCorgi ETF Trust I - Corgi 0-3 Month T-Bill ETFExpense ratio 0.05%1 year return —
- BNUSBNuveen Ultra Short IncomeExpense ratio 0.17%1 year return +3.8%
- BOBILUS Treasury 12 Month Bill ETFExpense ratio 0.15%1 year return +3.1%
- BFTSMFirst Trust Enhanced Short Maturity ETFExpense ratio 0.29%1 year return +3.5%