IQMM ETF — GENIUS Money Market ETF

GENIUS Money Market ETF (IQMM)

IQMM is a low-cost ETF that tracks the U.S. Treasury bills compliant with GENIUS Act requirements. As of August 19, 2026, its distribution rate is 3.48%, its trailing-12-month yield is 1.70%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is 1.7% over the past 0.5 years, 11.0 points behind SPY at 12.7%.

At the current 3.48% distribution rate, a $10,000 investment would generate approximately $348 per year, or $29.00 per month on an equivalent basis. Actual weekly payments vary.

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

Data as of August 19, 2026.

Fund total return is 1.7% over the past 0.5 years, 11.0 points behind SPY at 12.7%.

IQMM key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

ProShares

Asset type

ETF

Asset class

Fixed Income

Inception date

02/17/2026

Expense ratio

0.15%

Distribution rate

3.48%

Distribution frequency

Weekly

Trailing yield

1.70%

30-day SEC yield

3.59%

Last close

$100.08

AUM

$22,126,868,480

Average volume

15215.0

Last dividend

$0.0670

Ex-dividend date

08/18/2026

Payment date

08/21/2026

Beta

0.0

How Dividend Vision calculates yield and returns

Distribution rate (3.48%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.70%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (3.59%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: ProShares fund 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.

Frequently asked questions

More funds from ProShares.