iShares Government Money Market ETF (GMMF) Alternatives
iShares Government Money Market ETF (GMMF) belongs to the Money Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GMMF. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GMMF
GMMF charges 0.20% annually. Among ETFs in the Money Market category, these options have the lowest expense ratios among GMMF alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Simplify Government Money Market ETF | 0.15% | Jul 14, 2025 | GMMF vs SBIL | |
| ProShares GENIUS Money Market ETF | 0.15% | Feb 17, 2026 | GMMF vs IQMM | |
| Texas Capital Government Money Market ETF | 0.20% | Sep 24, 2024 | GMMF vs MMKT | |
| iShares Prime Money Market ETF | 0.20% | Feb 4, 2025 | GMMF vs PMMF | |
| Columbia Multi-Sector Municipal Income ETF | 0.23% | Oct 10, 2018 | GMMF vs MUST |
Best Risk-Adjusted Alternatives to GMMF
Among ETFs in the Money Market category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Texas Capital Government Money Market ETF | 100 | Sep 24, 2024 | GMMF vs MMKT | |
| iShares Prime Money Market ETF | 100 | Feb 4, 2025 | GMMF vs PMMF | |
| Columbia Multi-Sector Municipal Income ETF | 44 | Oct 10, 2018 | GMMF vs MUST | |
| SPAC and New Issue ETF | 31 | Dec 16, 2020 | GMMF vs SPCX | |
| Leadershares Alphafactor Tactical Focused ETF | 12 | Oct 27, 2020 | GMMF vs LSAT |
Top Performing GMMF Alternatives (YTD)
GMMF alternatives from the Money Market category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Leadershares Alphafactor Tactical Focused ETF | 1.40% | Oct 27, 2020 | GMMF vs LSAT | |
| Simplify Government Money Market ETF | 0.86% | Jul 14, 2025 | GMMF vs SBIL | |
| iShares Prime Money Market ETF | 0.86% | Feb 4, 2025 | GMMF vs PMMF | |
| Texas Capital Government Money Market ETF | 0.84% | Sep 24, 2024 | GMMF vs MMKT | |
| Schwab Government Money Market ETF | 0.81% | Jun 12, 2025 | GMMF vs SGVT |
Lowest Volatility Alternatives to GMMF
GMMF alternatives from the Money Market category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ProShares GENIUS Money Market ETF | 0.16% | Feb 17, 2026 | GMMF vs IQMM | |
| Schwab Government Money Market ETF | 0.21% | Jun 12, 2025 | GMMF vs SGVT | |
| Texas Capital Government Money Market ETF | 0.25% | Sep 24, 2024 | GMMF vs MMKT | |
| Simplify Government Money Market ETF | 0.28% | Jul 14, 2025 | GMMF vs SBIL | |
| iShares Prime Money Market ETF | 0.31% | Feb 4, 2025 | GMMF vs PMMF |
Lowest Drawdown Alternatives to GMMF
GMMF alternatives from the Money Market category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Texas Capital Government Money Market ETF | -0.04% | Sep 24, 2024 | GMMF vs MMKT | |
| iShares Prime Money Market ETF | -0.13% | Feb 4, 2025 | GMMF vs PMMF | |
| Columbia Multi-Sector Municipal Income ETF | -4.56% | Oct 10, 2018 | GMMF vs MUST | |
| SPAC and New Issue ETF | -7.72% | Dec 16, 2020 | GMMF vs SPCX | |
| Leadershares Alphafactor Tactical Focused ETF | -13.54% | Oct 27, 2020 | GMMF vs LSAT |
Other ETFs from iShares
Most popular iShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | GMMF vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 6 | -22.62% | Jan 5, 2024 | GMMF vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 65 | -4.38% | May 15, 2000 | GMMF vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 12 | 0.17% | Jul 22, 2002 | GMMF vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 69 | 1.57% | Jun 10, 2014 | GMMF vs DGRO | |
| iShares Silver Trust | Precious Metals | 89 | 5.77% | Apr 21, 2006 | GMMF vs SLV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 92 | 9.20% | Jul 10, 2001 | GMMF vs SOXX | |
| iShares Gold Trust | Gold, Precious Metals | 87 | 8.61% | Jan 21, 2005 | GMMF vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 0.93% | May 22, 2000 | GMMF vs IWM | |
| iShares MSCI ACWI ETF | Large Cap Growth Equities | 75 | -2.21% | Mar 26, 2008 | GMMF vs ACWI |
Often Compared With GMMF
What investors most often compare with GMMF, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 100 | 0.85% | May 25, 2007 | GMMF vs BIL |
Compare GMMF with Any Fund or Stock
Compare GMMF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.