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RMME

GradeDChicago Board Options Exchange

Rareview Government Money Market ETF

Treasury & Government Bond · Rareview · Inception 2025-11-28

$100.27+0.03 (+0.02%)

As of Sep 23, 2026, 1:28 PM EDT

History starts Dec 3, 2025.History starts Dec 3, 2025.
Intraday session: up, 2 prints from 100.24 to 100.27. Range 100.25 to 100.27. Use the arrow keys to read each point.$100.25$100.2610 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$36M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
7
Volume · 30D
0M sh
NAV per share
$100.24
52W range
low $100.00high $100.63

The ETF.net RMME Grade

D

34/ 100

Rank 73 of 78 in Cash & Ultra-Short Income⁠

Confidence High

Six-pillar profile for RMME. Scores out of 100: Cost 4, Risk 37, Mission 84, Tradability 15, Holdings 28, Durability 31. Strongest: Mission (84). Weakest: Cost (4). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 34 of 100 sits in the D 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.
    FScore 4
    Category rank75/78 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 84
    Category rank61/64 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 37
    Category rank73/75 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 15
    Category rank68/78 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 28
    Category rank72/77 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 31
    Category rank66/78 · bottom quartile

Graded as of Sep 22, 2026

Our read on RMME

ETF.net Research

DCash management, ETF-style, from a boutique shop. RMME went live in late 2025 chasing current income while preserving capital and keeping money liquid, in a young peer group where the biggest names charge a fraction of its fee.

Stated mandate

Its objective is to generate current income while preserving capital and maintaining liquidity.

Why people hold it

  1. 01The mandate is about as plain as investing gets: current income, capital preservation, and liquidity, run against US government paper. No side quests.
  2. 02Built as a standard 1940 Act fund in an ETF wrapper, so shares trade intraday on an exchange instead of clearing at a mutual fund's once-a-day cutoff.
  3. 03Income is set up to land monthly, which suits people who use a cash sleeve as a paycheck rather than a piggy bank.

Worth knowing

  1. 01At 0.50%, it is one of the pricier ways to hold cash in this group: SBIL and IQMM charge 0.15%, ICSH 0.08%. On a cash-like strategy, the fee comes off the top.
  2. 02A late-2025 launch that is still small and lightly traded, so spreads between buy and sell prices can run wider than at the category's giants.
  3. 03Distributions are monthly by policy, but the filing discloses they may include return of capital, meaning part of a payment can be your own principal coming back.

RMME Holdings

As of Sep 20, 2026, 9:17 AM
Asset class
Bonds
Holdings
7
Top-10 weight
100%
Largest holding
TREASURY BILL23.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—TREASURY BILL23.89%8,630,000$9M19
002—TREASURY BILL23.83%8,620,000$9M27
003—TREASURY BILL18.00%6,520,000$6M17
004—TREASURY BILL13.94%5,060,000$5M34
005—TREASURY BILL9.90%3,600,000$4M16
006—TREASURY BILL9.88%3,600,000$4M13
007—Cash & Other0.56%200,844$201K674

Showing 1–7 of 7 holdings

RMME Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RMME$10,243
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. RMME $10,243. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

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.

Trailing total return for RMME. Periods over one year show the average yearly return.
PeriodRMME
Year to date+2.4%
1 month+0.3%
3 months+0.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RMME
YearReturn barRMME
2026 YTD+2.4%
2025+0.3%

History from Dec 3, 2025

RMME in the news

ETF.net Research hasn’t filed on RMME yet — coverage lands here as it’s written.

RMME Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.29 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 9 payments from 2025 to 2026 YTD. Dec 30, 2025 $0.26; Feb 3, 2026 $0.28; Mar 3, 2026 $0.24; Apr 2, 2026 $0.28; May 4, 2026 $0.28; Jun 2, 2026 $0.27; Jul 2, 2026 $0.29; Aug 4, 2026 $0.30; Sep 2, 2026 $0.29. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 2, 2026Sep 3, 2026$0.29
Aug 4, 2026Aug 5, 2026$0.30
Jul 2, 2026Jul 3, 2026$0.29
Jun 2, 2026Jun 3, 2026$0.27
May 4, 2026May 5, 2026$0.28
Apr 2, 2026Apr 6, 2026$0.28
Mar 3, 2026Mar 4, 2026$0.24
Feb 3, 2026Feb 4, 2026$0.28
Dec 30, 2025Dec 31, 2025$0.26

RMME Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Nov 2025; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Nov 2025; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Nov 2025; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
−0.002
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RMME Cost

Expense ratio0.50%
  • The middle half of Cash & Ultra-Short Income funds
  • Median 0.19%

73 of the 77 Cash & Ultra-Short Income funds charge less.

RMME costs $50.00 a year on $10,000. The median Cash & Ultra-Short Income fund costs $19.00.