GMMFvsXHLFETF Comparison
VS
ETF 2
XHLF
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
This fund is part of
Money Market Bonds
+0.03%
iShares Government Money Market ETF (GMMF) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) belong to the same industry segment: Money Market Bonds. GMMF's top 2 sector exposures are Sovereign and Government Agencies. In contrast, XHLF's top sector exposures are Sovereign. GMMF is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.03% for XHLF. GMMF is up 2.8% year-to-date (YTD) with +$102M in YTD flows. XHLF performs worse with 2.67% YTD performance, and +$39M in YTD flows. Run a side-by-side ETF comparison of GMMF and XHLF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
GMMF vs XHLF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GMMF XHLF | +0.32%+0.36% | +0.91%+0.85% | +2.80%+2.67% | +3.62%+3.51% | n/a+13.93% | n/an/a |
| Flows | GMMF XHLF | +$3M+$3M | +$14M+$91M | +$102M+$39M | +$109M-$17M | -+$940M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GMMF XHLF | +0.10%+0.25% | +0.10%+0.22% | n/a+0.28% | n/an/a |
| Max drawdown | GMMF XHLF | n/a-0.03% | n/a-0.03% | n/a-0.04% | n/an/a |
| Max drawdown duration | GMMF XHLF | n/a8d | n/a8d | n/a8d | n/an/a |
Trading data
GMMF | XHLF | |
Last sale 10/19/2026 at 1:30 PM | $50.19 | |
| Previous close 10/16/2026 | $50.20 | |
| 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
Create an account to view replication metrics
Join for free
GMMF
is actively managed and doesn’t replicate an indexGMMF | XHLF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
GMMF | XHLF | |
|---|---|---|
| Last price | – | $50.19 |
| 1D performance | – | -0.01% |
| AuM | $193.54 M | $2.03 B |
| E/R | 0.2% | 0.03% |
Characteristics
GMMF | XHLF | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | iShares | Bondbloxx Investment Management LLC |
| Benchmark | - | Bloomberg US Treasury Six Month Duration Index |
| N° of holdings | 127 | 28 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 4, 2025 | September 13, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
GMMF
USA
92.27%
Other
7.73%
XHLF
USA
99.94%
Other
0.06%
Sectors
GMMF
Sovereign
76.23%
Government Agenci.
16.05%
Other
7.73%
XHLF
Sovereign
99.94%
Other
0.06%
Advertisement
Diversification
GMMF
Total weight of top 15 holdings out of 15
64.88%
XHLF
Total weight of top 15 holdings out of 15
89.53%
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%
XHLF
USA, Bills 0% 10jun2027, USD (364D)
9.28%
USA, Bills 0% 13may2027, USD (364D)
9.22%
USA, Bills 0% 15apr2027, USD (364D)
9.10%
USA, Bills 0% 18mar2027, USD (364D)
9.08%
USA, Bills 0% 8jul2027, USD (364D)
8.72%
USA, Bills 0% 18feb2027, USD (364D)
8.22%
USA, Bills 0% 21jan2027, USD (364D)
6.49%
USA, Bills 0% 24dec2026, USD (363D)
6.22%
USA, Bills 0% 3sep2026, USD (364D)
5.52%
USA, Bills 0% 1oct2026, USD (364D)
4.93%
USA, Bills 0% 27nov2026, USD (364D)
4.28%
USA, Bills 0% 29oct2026, USD (364D)
4.21%
USA, Bills 0% 10sep2026, USD (182D)
1.50%
USA, Bills 0% 17sep2026, USD (182D)
1.49%
USA, Bills 0% 22sep2026, USD (119D)
1.29%
Frequently asked questions about GMMF and XHLF
How have the GMMF and XHLF ETFs performed in 2026?
As of October 16, 2026, GMMF is up 2.8% year-to-date (YTD), while XHLF has returned 2.67%. That puts GMMF better performer ahead so far this year.
Which ETF is attracting more investor money: GMMF or XHLF?
Year-to-date, the GMMF ETF saw +$102M in flows, compared to +$39M for XHLF.
Which ETF is more volatile: GMMF or XHLF?
Over the past year, GMMF had a volatility of 0.1%, while XHLF experienced 0.22%.
Which ETF is bigger: GMMF or XHLF?
As of October 16, 2026, GMMF holds $193.54 M in assets under management (AUM), while XHLF manages $2.03 B.
What sectors do the GMMF and XHLF ETFs invest in?
GMMF leans toward sectors like Sovereign and Government Agencies. Meanwhile, XHLF focuses on Sovereign.
What are the top holdings of the GMMF ETF and XHLF ETF?
GMMF top holdings include USA, Bills 0% 22sep2026, USD (119D), USA, Bills 0% 1sep2026, USD (119D) and USA, Bills 0% 1oct2026, USD (364D). XHLF holds in its top three: USA, Bills 0% 10jun2027, USD (364D), USA, Bills 0% 13may2027, USD (364D) and USA, Bills 0% 15apr2027, USD (364D).
Which ETF is more diversified: GMMF or XHLF?
GMMF holds 153 securities with 64.88% of its assets in the top 15. XHLF has 28 securities and a top 15 weight of 89.53%.
Advertisement
Latest news about GMMF & XHLF
Advertisement
