IQMM ETF — GENIUS Money Market ETF

GENIUS Money Market ETF (IQMM)

Updated October 16, 2026.

IQMM is a low-cost ETF linked to U.S. Treasury bills compliant with GENIUS Act requirements. its distribution rate is 3.90%, its trailing-12-month yield is 2.26%, its expense ratio is 0.15%. Total return is 2.4% over the past 0.7 years, 10.0 points behind SPY at 12.4%.

GENIUS Money Market ETF is a money market fund that holds U.S. Treasury bills selected under the GENIUS Act framework, seeking to provide current income while maintaining liquidity and capital preservation. The fund distributes weekly at a current distribution rate in the high single digits, with a low expense ratio of 0.15%. It appeals to income-oriented investors seeking stable cash-equivalent returns with minimal credit risk.

IQMM performance versus SPY

Price and return data through 2026-10-16.

Total return is 2.4% over the past 0.7 years, 10.0 points behind SPY at 12.4%.

IQMM key facts

Issuer

ProShares

Asset type

ETF

Asset class

Fixed Income

Inception date

02/17/2026

Expense ratio

0.15%

Distribution rate

3.90%

Distribution frequency

Weekly

Trailing yield

2.26%

Last close

$100.12 (as of 2026-10-16)

AUM

$19,028,205,329

Average volume

1104460.0

Dividend

$0.075

Ex-dividend date

10/13/2026

Payment date

10/16/2026

Beta

-0.0038

How Dividend Vision calculates yield and returns

Distribution rate (3.90%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.26%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares or company page; Index: U.S. Treasury bills compliant with GENIUS Act requirements; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IQMM risks and drawbacks

IQMM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider IQMM — and who may not

IQMM may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on IQMM

• IQMM dividend calendar
• IQMM dividend history
• All tickers starting with I

Tagged: Money Market, T bills, Treasury, Cash.

Frequently asked questions

More securities from ProShares.