IQMM

GENIUS Money Market ETF

The largest money market ETF in the world.

IQMM seeks current income consistent with liquidity and preservation of capital.

How to Buy
Why IQMM?
Compelling Potential Income

An alternative to bank deposits and cash.

Flexible

The convenience of an ETF that you can buy and sell in your brokerage account.

Conservative

Adhering to strict GENIUS Act requirements—stricter than those for traditional money market funds.

Performance
About the Fund
Holdings
Distributions
View fund details
Documents & Downloads
ETF
Fund Profile
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NAV History
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Prospectus & Regulatory
Summary Prospectus
Statutory Prospectus
SAI
Liquidity Report
Form N-MFP

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

About the Fund

Snapshot
  • Ticker
    IQMM
  • Intraday Ticker
    IQMM.IV
  • CUSIP
    74350P691
  • Inception Date
    2/17/26
  • Net Expense Ratio
    0.15%
  • Gross Expense Ratio
    0.20%
  • NAV Calculation Times
    12:00 & 4:00 p.m. ET
Characteristics
as of 2/26/2026
  • Daily Liquid Assets
    100.00%
  • Weekly Liquid Assets
    100.00%
  • Weighted Average Maturity (Days)
    37.92
  • Weighted Average Life (Days)
    37.92
Price
as of 2/26/2026
  • NAV (12:00 p.m. ET)
    $100.08
  • NAV
    $100.09
  • NAV Change
    $+0.01 up caret
  • Market Price
    $100.08
  • Trading Volume (M)
    24,182
  • 30-Day Median Bid Ask Spread
    0.01%
  • View Premium / Discount
Distributions
as of 2/26/2026
  • Distribution Frequency
    Weekly
  • 1-Day Yield
    3.50%

    1-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses, expressed as an annualized percentage of NAV over the past day.

  • Unsubsidized 1-Day Yield
    3.45%

    Unsubsidized 1-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses before fee waivers and expense reimbursements, expressed as an annualized percentage of NAV over the past day.

  • 7-Day Yield
    3.50%

    7-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses before fee waivers and expense reimbursements, expressed as an annualized percentage of NAV over the past seven days.

  • Unsubsidized 7-Day Yield
    3.45%

    Unsubsidized 7-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses before fee waivers and expense reimbursement, expressed as an annualized percentage of NAV, on average, over the past seven days.

  • SEC 7-Day Yield
    3.50%

    SEC 7-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 7-day period, net of the fund's expenses.

  • Unsubsidized SEC 7-Day Yield
    3.50%

    Unsubsidized SEC 7-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 7-day period, net of the fund's expenses before fee waivers and expense reimbursements.

  • Distribution Details
Snapshot
  • Ticker
    IQMM
  • Intraday Ticker
    IQMM.IV
  • CUSIP
    74350P691
  • Inception Date
    2/17/26
  • Net Expense Ratio
    0.15%
  • Gross Expense Ratio
    0.20%
  • NAV Calculation Times
    12:00 & 4:00 p.m. ET
Characteristics
as of 2/26/2026
  • Daily Liquid Assets
    100.00%
  • Weekly Liquid Assets
    100.00%
  • Weighted Average Maturity (Days)
    37.92
  • Weighted Average Life (Days)
    37.92
Price
as of 2/26/2026
  • NAV (12:00 p.m. ET)
    $100.08
  • NAV
    $100.09
  • NAV Change
    $+0.01 up caret
  • Market Price
    $100.08
  • Trading Volume (M)
    24,182
  • 30-Day Median Bid Ask Spread
    0.01%
  • View Premium / Discount
Distributions
as of 2/26/2026
  • Distribution Frequency
    Weekly
  • 1-Day Yield
    3.50%

    1-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses, expressed as an annualized percentage of NAV over the past day.

  • Unsubsidized 1-Day Yield
    3.45%

    Unsubsidized 1-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses before fee waivers and expense reimbursements, expressed as an annualized percentage of NAV over the past day.

  • 7-Day Yield
    3.50%

    7-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses before fee waivers and expense reimbursements, expressed as an annualized percentage of NAV over the past seven days.

  • Unsubsidized 7-Day Yield
    3.45%

    Unsubsidized 7-Day Yield reflects the per share dividends and interest earned by the fund, net of the fund’s expenses before fee waivers and expense reimbursement, expressed as an annualized percentage of NAV, on average, over the past seven days.

  • SEC 7-Day Yield
    3.50%

    SEC 7-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 7-day period, net of the fund's expenses.

  • Unsubsidized SEC 7-Day Yield
    3.50%

    Unsubsidized SEC 7-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 7-day period, net of the fund's expenses before fee waivers and expense reimbursements.

  • Distribution Details

Note: All price data, unless labeled, is as of 4 p.m. ET.

Expenses with Contractual Waiver through 1/31/2027. Without the fee waiver performance would be lower.

Holdings

as of 2/26/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
11.37% -- UNITED STATES OF AMERICA BILL ZERO CPN 07/APR/2026 USD 100 -- $2,075,312,283.00 2,083,500,000 BTFHTD4
10.98% -- UNITED STATES OF AMERICA BILL ZERO CPN 26/MAR/2026 USD 100 -- $2,003,869,793.00 2,009,310,000 BRT5B56
10.59% -- UNITED STATES OF AMERICA BILL ZERO CPN 31/MAR/2026 USD 100 -- $1,932,233,791.00 1,938,480,000 BR115D8
9.61% -- UNITED STATES OF AMERICA BILL ZERO CPN 09/APR/2026 USD 100 -- $1,753,271,663.00 1,760,540,000 BSNMM68
9.41% -- UNITED STATES OF AMERICA BILL ZERO CPN 24/MAR/2026 USD 100 -- $1,717,603,651.00 1,721,930,000 BSNY219
9.21% -- UNITED STATES OF AMERICA BILL ZERO CPN 19/MAR/2026 USD 100 -- $1,681,854,855.00 1,685,230,000 BPCQLB8
7.27% -- UNITED STATES OF AMERICA BILL ZERO CPN 16/APR/2026 USD 100 -- $1,326,584,053.00 1,333,030,000 BN74GJ6
6.86% -- UNITED STATES OF AMERICA BILL ZERO CPN 12/MAR/2026 USD 100 -- $1,252,475,581.00 1,254,110,000 BVZMDB9
6.86% -- UNITED STATES OF AMERICA BILL ZERO CPN 14/MAY/2026 USD 100 -- $1,252,177,286.00 1,261,760,000 BSJN9X1
6.47% -- UNITED STATES OF AMERICA BILL ZERO CPN 05/MAR/2026 USD 100 -- $1,180,933,970.00 1,181,640,000 BVN7QZ1
5.88% -- UNITED STATES OF AMERICA BILL ZERO CPN 30/APR/2026 USD 100 -- $1,073,317,759.00 1,080,070,000 BV3PBH2
5.39% -- UNITED STATES OF AMERICA BILL ZERO CPN 19/MAY/2026 USD 100 -- $984,535,170.90 992,530,000 BNYL2R0
-- -- NET OTHER ASSETS (LIABILITIES) -- $17,719,282.10 17,719,282 --
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Distributions

No distributions have been made for this fund to date.

Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Investing involves risk, including the possible loss of principal.

Although the Fund will seek to continue to qualify as a “government money market fund,” it will not seek to maintain a stable net asset value (“NAV”) per share using the amortized cost or penny rounding method of valuation. Instead, the Fund will calculate its NAV per share based on the market value of its investments. In addition, unlike a traditional money market fund, the Fund operates as an exchange traded fund (“ETF”). As an ETF, the Fund’s shares will be traded on NYSE Acra and will generally fluctuate in accordance with changes in its NAV per share as well as the relative supply of, and demand for, shares on NYSE Acra. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.

Shares of the Fund are expected to be held primarily by one or more stablecoin issuers as part of the reserve assets backing their outstanding payment stablecoins. The activities of these issuers may create redemption pressure that could negatively impact the value of the Fund. In particular, during periods of market stress, regulatory uncertainty, or volatility in the digital asset ecosystem, the Fund may experience rapid or unexpected redemption requests. These redemptions could adversely affect the Fund’s liquidity, yield, and ability to maintain a stable net asset value, particularly during broader market dislocations.
 
Future legislative or regulatory developments—including, but not limited to, rulemaking pursuant to the GENIUS Act—may impact the types of assets the Fund is permitted to hold or the manner in which the Fund may be used as a reserve vehicle for stablecoin issuers. Because the Fund intends to invest only in certain eligible reserve assets permitted under the GENIUS Act, its yield may be lower than that of other money market funds with broader investment mandates.
 

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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