ProShares - GENIUS Money Market ETF
$100.07+0.02 (+0.02%)
- Expense ratio
- 0.15%
- Fund size
- $20.6B
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 1.6M sh
- NAV per share
- $100.11
- 52W range
The ETF.net IQMM Grade
Score 64 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 68Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 44Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 44Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 72Category rank
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
- —
- 80%
- 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.
Returns run to the Sep 22, 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 | +2.1% |
IQMM in the news
ETF.net Research hasn’t filed on IQMM yet — coverage lands here as it’s written.
IQMM Dividends
- $0.07 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2026 | Pays Sep 25, 2026 | $0.07 |
| Sep 15, 2026 | Sep 18, 2026 | $0.08 |
| Sep 8, 2026 | Sep 11, 2026 | $0.06 |
| Sep 1, 2026 | Sep 4, 2026 | $0.07 |
| Aug 25, 2026 | Aug 28, 2026 | $0.07 |
| Aug 18, 2026 | Aug 21, 2026 | $0.07 |
| Aug 11, 2026 | Aug 14, 2026 | $0.07 |
| Aug 4, 2026 | Aug 7, 2026 | $0.07 |
| Jul 28, 2026 | Jul 31, 2026 | $0.07 |
| Jul 21, 2026 | Jul 24, 2026 | $0.07 |
| Jul 14, 2026 | Jul 17, 2026 | $0.08 |
| Jul 7, 2026 | Jul 10, 2026 | $0.06 |
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
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
20 of the 77 Cash & Ultra-Short Income funds charge less.