iShares Prime Money Market ETF (PMMF) Alternatives
iShares Prime Money Market ETF (PMMF) 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 PMMF. 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 PMMF
PMMF charges 0.20% annually. Among ETFs in the Money Market category, these options have the lowest expense ratios among PMMF alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Simplify Government Money Market ETF | 0.15% | Jul 14, 2025 | PMMF vs SBIL | |
| ProShares GENIUS Money Market ETF | 0.15% | Feb 17, 2026 | PMMF vs IQMM | |
| Texas Capital Government Money Market ETF | 0.20% | Sep 24, 2024 | PMMF vs MMKT | |
| iShares Government Money Market ETF | 0.20% | Feb 4, 2025 | PMMF vs GMMF | |
| Columbia Multi-Sector Municipal Income ETF | 0.23% | Oct 10, 2018 | PMMF vs MUST |
Best Risk-Adjusted Alternatives to PMMF
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 | |
|---|---|---|---|---|
| iShares Government Money Market ETF | 100 | Feb 4, 2025 | PMMF vs GMMF | |
| Texas Capital Government Money Market ETF | 100 | Sep 24, 2024 | PMMF vs MMKT | |
| Columbia Multi-Sector Municipal Income ETF | 44 | Oct 10, 2018 | PMMF vs MUST | |
| SPAC and New Issue ETF | 31 | Dec 16, 2020 | PMMF vs SPCX | |
| Leadershares Alphafactor Tactical Focused ETF | 12 | Oct 27, 2020 | PMMF vs LSAT |
Top Performing PMMF Alternatives (YTD)
PMMF 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 | PMMF vs LSAT | |
| Simplify Government Money Market ETF | 0.86% | Jul 14, 2025 | PMMF vs SBIL | |
| Texas Capital Government Money Market ETF | 0.84% | Sep 24, 2024 | PMMF vs MMKT | |
| iShares Government Money Market ETF | 0.84% | Feb 4, 2025 | PMMF vs GMMF | |
| Schwab Government Money Market ETF | 0.81% | Jun 12, 2025 | PMMF vs SGVT |
Lowest Volatility Alternatives to PMMF
PMMF 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 | PMMF vs IQMM | |
| Schwab Government Money Market ETF | 0.21% | Jun 12, 2025 | PMMF vs SGVT | |
| iShares Government Money Market ETF | 0.24% | Feb 4, 2025 | PMMF vs GMMF | |
| Texas Capital Government Money Market ETF | 0.25% | Sep 24, 2024 | PMMF vs MMKT | |
| Simplify Government Money Market ETF | 0.28% | Jul 14, 2025 | PMMF vs SBIL |
Lowest Drawdown Alternatives to PMMF
PMMF alternatives from the Money Market category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares Government Money Market ETF | -0.03% | Feb 4, 2025 | PMMF vs GMMF | |
| Texas Capital Government Money Market ETF | -0.04% | Sep 24, 2024 | PMMF vs MMKT | |
| Columbia Multi-Sector Municipal Income ETF | -4.56% | Oct 10, 2018 | PMMF vs MUST | |
| SPAC and New Issue ETF | -7.72% | Dec 16, 2020 | PMMF vs SPCX | |
| Leadershares Alphafactor Tactical Focused ETF | -13.54% | Oct 27, 2020 | PMMF vs LSAT |
Other ETFs from BlackRock
Most popular BlackRock ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Blackrock Advantage Large Cap Income ETF | Derivative Income | 70 | -1.60% | Sep 26, 2023 | PMMF vs BALI | |
| BlackRock U.S. Equity Factor Rotation ETF | Large Cap Growth Equities, Actively Managed | 73 | -4.07% | Mar 19, 2019 | PMMF vs DYNF | |
| BlackRock AAA CLO ETF | CLO | 98 | 0.94% | Jan 10, 2023 | PMMF vs CLOA | |
| Blackrock Total Return ETF | Intermediate Core-Plus Bond | 59 | -0.43% | Dec 12, 2023 | PMMF vs BRTR | |
| BlackRock World ex U.S. Carbon Transition Readines... | Actively Managed, Alternative Energy Equities | 78 | 1.14% | Apr 8, 2021 | PMMF vs LCTD | |
| BlackRock Floating Rate Loan ETF | Bank Loan | 63 | -0.73% | Oct 4, 2022 | PMMF vs BRLN | |
| Future Tech ETF | Technology Equities, Actively Managed | — | — | Sep 29, 2020 | PMMF vs BTEK | |
| Blackrock Large Cap Core ETF | Large Cap Blend Equities | 87 | -3.06% | Oct 24, 2023 | PMMF vs BLCR | |
| Blackrock Large Cap Value ETF | Large Cap Value Equities | 47 | -2.92% | May 19, 2023 | PMMF vs BLCV | |
| BlackRock Future Financial and Technology ETF | Financials Equities | 10 | -18.58% | Aug 16, 2022 | PMMF vs BPAY |
Often Compared With PMMF
What investors most often compare with PMMF, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Schwab Value Advantage Money Fund | Money Market | — | 0.57% | Aug 27, 1993 | PMMF vs SWVXX | |
| Fidelity Government Money Market Fund | Money Market | — | 0.53% | Feb 5, 1990 | PMMF vs SPAXX | |
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | PMMF vs SGOV | |
| iShares Core U.S. Aggregate Bond ETF | Total Bond Market | 60 | 0.02% | Sep 22, 2003 | PMMF vs AGG | |
| BMO Money Market Fund ETF Series | Money Market | 100 | 0.57% | Nov 28, 2021 | PMMF vs ZMMK.TO | |
| BlackRock U.S. Carbon Transition Readiness ETF | Actively Managed, ESG, Sustainable | 57 | -5.13% | Apr 6, 2021 | PMMF vs LCTU | |
| iShares Flexible Income Active ETF | Multisector Bonds | 84 | -0.78% | May 19, 2023 | PMMF vs BINC |
Compare PMMF with Any Fund or Stock
Compare PMMF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.