RMME vs. IQMM

Last updated Aug 2, 2026

RMME (Rareview Government Money Market ETF) and IQMM (ProShares GENIUS Money Market ETF) are both Money Market funds. Both are actively managed. Their 0.14 correlation means their historical movements had little consistent relationship. RMME charges 0.30%/yr vs 0.15%/yr for IQMM.

Performance

RMME vs. IQMM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Government Money Market ETF (RMME) and ProShares GENIUS Money Market ETF (IQMM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RMME

• 1D: 0.01%
• 1M: 0.25%
• 6M: 1.66%
• YTD: 1.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IQMM

• 1D: 0.02%
• 1M: 0.24%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQMM ProShares GENIUS Money Market ETF	$107.32M	$173.78M	$156.56M
RMME Rareview Government Money Market ETF	$54.96K	$79.71K	$348.42K

RMME vs. IQMM - Yearly Performance Comparison

	2026 (YTD)
RMME Rareview Government Money Market ETF	1.49%
IQMM ProShares GENIUS Money Market ETF	1.59%

Correlation

The correlation between RMME and IQMM is 0.14, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.14

Return for Risk

RMME vs. IQMM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Government Money Market ETF (RMME) and ProShares GENIUS Money Market ETF (IQMM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

RMME vs. IQMM - Drawdown Comparison

The maximum RMME drawdown since its inception was -0.17%, which is greater than IQMM's maximum drawdown of -0.02%. Use the drawdown chart below to compare losses from any high point for RMME and IQMM.

Drawdown Indicators

	RMME	IQMM	Difference
Max Drawdown Largest peak-to-trough decline	-0.17%	-0.02%	-0.15%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	0.00%	0.00%

Volatility

Volatility by Period

	RMME	IQMM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.40%	0.22%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.40%	0.22%	+0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.40%	0.22%	+0.18%

RMME vs. IQMM - Expense Ratio Comparison

RMME has a 0.30% expense ratio, which is higher than IQMM's 0.15% expense ratio.

Dividends

RMME vs. IQMM - Dividend Comparison

RMME's dividend yield for the trailing twelve months is around 1.89%, more than IQMM's 1.50% yield.

Position	TTM	2025
IQMM ProShares GENIUS Money Market ETF	1.50%	0.00%
RMME Rareview Government Money Market ETF	1.89%	0.26%

Frequently Asked Questions

Can I hold both RMME and IQMM in my portfolio?

RMME and IQMM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RMME or IQMM?

On fees, IQMM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RMME or IQMM?

IQMM is cheaper with a 0.15% expense ratio, compared with 0.30% for RMME.

Which ETF pays a higher dividend yield, RMME or IQMM?

RMME has the higher dividend yield at 1.89%, compared with 1.50% for IQMM.

What is the main difference between RMME and IQMM?

They also come from different issuers: Rareview and ProShares. Their fees differ too: 0.30% for RMME and 0.15% for IQMM.