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GMMFvsVGITETF Comparison

ETF 1
GMMF

iShares Government Money Market ETF

This fund is part of
Money Market Bonds
+0.03%
VS
ETF 2
VGIT

Vanguard Intermediate-Term Government Bond ETF

This fund is part of
US Government Bonds
+0.07%

iShares Government Money Market ETF (GMMF) belongs to the Money Market Bonds segment. Vanguard Intermediate-Term Government Bond ETF (VGIT) is part of the US Government Bonds segment. GMMF's top 2 sector exposures are Sovereign and Government Agencies. In contrast, VGIT's top sector exposures are Sovereign. GMMF is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.03% for VGIT. GMMF is up 2.8% year-to-date (YTD) with +$102M in YTD flows. VGIT performs worse with -1.88% YTD performance, and +$5.88B in YTD flows. Run a side-by-side ETF comparison of GMMF and VGIT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GMMF vs VGIT performance and flow charts

Performance

-0.8-0.6-0.4-0.20.00.20.4%Sep 16Sep 23Sep 30Oct 7Oct 14

Cumulative Flows

0 M200 M400 M600 M800 M1,000 MSep 16Sep 23Sep 30Oct 7Oct 14

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/16/2026
1M3MYTD1Y3Y5Y
Perf.
GMMF
VGIT
+0.32%+0.26%
+0.91%-1.61%
+2.80%-1.88%
+3.62%-1.87%
n/a+12.48%
n/a-0.48%
Flows
GMMF
VGIT
+$3M+$923M
+$14M-$899M
+$102M+$5.88B
+$109M+$8.10B
-+$22.29B
-+$33.90B
Volatility and drawdown
3M1Y3Y5Y
Volatility
GMMF
VGIT
+0.10%+3.66%
+0.10%+3.44%
n/a+4.34%
n/a+5.37%
Max drawdown
GMMF
VGIT
n/a-2.93%
n/a-4.51%
n/a-4.51%
n/a-13.83%
Max drawdown duration
GMMF
VGIT
n/a52d
n/a229d
n/a229d
n/a1398d
Trading data

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GMMF
VGIT
Last sale
10/19/2026 at 1:30 PM
$57.00
Previous close
10/16/2026
$57.13
Consolidated volume
10/16/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 30, 2026
1-year trailing difference

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GMMF
is actively managed and doesn’t replicate an index

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GMMF
VGIT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
GMMF
VGIT
Last price
–
$57.00
1D performance
–
-0.23%
AuM$193.54 M$40.33 B
E/R0.2%0.03%
Characteristics
GMMF
VGIT
Management strategyActivePassive
ProvideriSharesVanguard
Benchmark-Bloomberg U.S. 3–10 Year Government Float Adjusted Index
N° of holdings127100
Asset class-Bonds
Trailing 12m distribution yield
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Inception dateFebruary 4, 2025November 19, 2009
ESGNoNo
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Exposure

Countries

GMMF
USA
92.27%
Other
7.73%
VGIT
USA
96.83%
Other
3.17%

Sectors

GMMF
Sovereign
76.23%
Government Agenci.
16.05%
Other
7.73%
VGIT
Sovereign
96.83%
Other
3.17%
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Diversification

GMMF

Total weight of top 15 holdings out of 15

64.88%
VGIT

Total weight of top 15 holdings out of 15

26.82%

Top 15 holdings

Data as of August 31, 2026
GMMF
USA, Bills 0% 22sep2026, USD (119D)
10.05%
USA, Bills 0% 1sep2026, USD (119D)
8.50%
USA, Bills 0% 1oct2026, USD (364D)
8.46%
USA, Bills 0% 24sep2026, USD (182D)
8.09%
USA, Bills 0% 6oct2026, USD (119D)
7.73%
USA, Bills 0% 15sep2026, USD (119D)
5.61%
USA, Bills 0% 29sep2026, USD (119D)
4.19%
USA, Bills 0% 8sep2026, USD (119D)
2.10%
USA, Bills 0% 28jan2027, USD (182D)
1.91%
USA, Notes FRN 30apr2028, USD (BB-2028)
1.84%
USA, Bills 0% 3sep2026, USD (364D)
1.70%
USA, Bills 0% 17nov2026, USD (119D)
1.35%
US912797WF00
1.25%
Federal Farm Credit Banks, FRN 20oct2026, USD
1.05%
US3133EWYH78
1.05%
VGIT
USA, Notes 4.375% 15may2034, USD (C-2034)
1.93%
USA, Notes 4.625% 15feb2035, USD (B-2035)
1.92%
USA, Notes 4.25% 15nov2034, USD (F-2034)
1.88%
USA, Notes 3.875% 15aug2034, USD (E-2034)
1.87%
USA, Notes 4.375% 15may2036, USD (C-2036)
1.84%
USA, Notes 4% 15feb2034, USD (B-2034)
1.83%
USA, Notes 4.25% 15may2035, USD (C-2035)
1.83%
USA, Notes 4.125% 15feb2036, USD (B-2036)
1.83%
USA, Notes 4.25% 15aug2035, USD (E-2035)
1.82%
USA, Notes 4.5% 15nov2033, USD (F-2033)
1.81%
USA, Notes 4% 15nov2035, USD (F-2035)
1.80%
USA, Notes 3.875% 15aug2033, USD (E-2033)
1.65%
USA, Notes 4% 28feb2030, USD (H-2030)
1.63%
USA, Notes 1.25% 15aug2031, USD (E-2031)
1.63%
USA, Notes 4.125% 15nov2032, USD (F-2032)
1.54%
Frequently asked questions about GMMF and VGIT

How have the GMMF and VGIT ETFs performed in 2026?

As of October 16, 2026, GMMF is up 2.8% year-to-date (YTD), while VGIT has lost -1.88%. That puts GMMF better performer ahead so far this year.

Which ETF is attracting more investor money: GMMF or VGIT?

Year-to-date, the GMMF ETF saw +$102M in flows, compared to +$5.88B for VGIT.

Which ETF is more volatile: GMMF or VGIT?

Over the past year, GMMF had a volatility of 0.1%, while VGIT experienced 3.44%.

Which ETF is bigger: GMMF or VGIT?

As of October 16, 2026, GMMF holds $193.54 M in assets under management (AUM), while VGIT manages $40.33 B.

What sectors do the GMMF and VGIT ETFs invest in?

GMMF leans toward sectors like Sovereign and Government Agencies. Meanwhile, VGIT focuses on Sovereign.

What are the top holdings of the GMMF ETF and VGIT ETF?

GMMF top holdings include USA, Bills 0% 22sep2026, USD (119D), USA, Bills 0% 1sep2026, USD (119D) and USA, Bills 0% 1oct2026, USD (364D). VGIT holds in its top three: USA, Notes 4.375% 15may2034, USD (C-2034), USA, Notes 4.625% 15feb2035, USD (B-2035) and USA, Notes 4.25% 15nov2034, USD (F-2034).

Which ETF is more diversified: GMMF or VGIT?

GMMF holds 153 securities with 64.88% of its assets in the top 15. VGIT has 102 securities and a top 15 weight of 26.82%.

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