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PMMFvsSBILETF Comparison

ETF 1
PMMF

iShares Prime Money Market ETF

This fund is part of
Money Market Bonds
-0%
VS
ETF 2
SBIL

Simplify Government Money Market ETF

This fund is part of
Money Market Bonds
-0%

iShares Prime Money Market ETF (PMMF) and Simplify Government Money Market ETF (SBIL) belong to the same industry segment: Money Market Bonds. PMMF's top 2 sector exposures are Finance and Government Agencies. In contrast, SBIL's top sector exposures are Government Agencies and Sovereign. PMMF is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.15% for SBIL. PMMF is up 2.43% year-to-date (YTD) with +$304M in YTD flows. SBIL performs worse with 2.38% YTD performance, and +$421M in YTD flows. Run a side-by-side ETF comparison of PMMF and SBIL 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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PMMF vs SBIL performance and flow charts

Performance

0.00.10.10.10.20.30.30.4%Jul 31Aug 7Aug 14Aug 21Aug 28

Cumulative Flows

-150 M-100 M-50 M0 M50 MJul 31Aug 7Aug 14Aug 21Aug 28

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Historic performance and flows
Data as of 09/01/2026
1M3MYTD1Y3Y5Y
Perf.
PMMF
SBIL
+0.29%+0.30%
+0.92%+0.90%
+2.43%+2.38%
+3.81%+3.73%
n/an/a
n/an/a
Flows
PMMF
SBIL
+$60M-$147M
+$152M-$100M
+$304M+$421M
+$421M+$2.05B
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
PMMF
SBIL
+0.14%+0.13%
+0.14%+0.12%
n/an/a
n/an/a
Max drawdown
PMMF
SBIL
n/an/a
n/an/a
n/an/a
n/an/a
Max drawdown duration
PMMF
SBIL
n/an/a
n/an/a
n/an/a
n/an/a
Trading data

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PMMF
SBIL
Last sale
9/2/2026 at 2:17 PM
$100.09
Previous close
09/01/2026
$100.06
Consolidated volume
09/01/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 9/2/2026 at 2:17 PM
Live
Closed
PMMF
SBIL
Last price
$100.09
1D performance
+0.03%
AuM$725.32 M$4.82 B
E/R0.2%0.15%
Characteristics
PMMF
SBIL
Management strategyActiveActive
ProvideriSharesSimplify
Benchmark--
N° of holdings4125
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateFebruary 4, 2025July 14, 2025
ESGNoNo
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Exposure

Countries

PMMF
Data will be available soon
SBIL
USA
70.59%
Other
29.41%

Sectors

PMMF
Data will be available soon
SBIL
Government Agenci.
45.9%
Sovereign
24.69%
Other
29.41%
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Diversification

PMMF
Data will be available soon
SBIL

Total weight of top 15 holdings out of 15

25.05%

Top 15 holdings

Data as of July 31, 2026
PMMF
Data will be available soon
SBIL
Freddie Mac, FRN 22sep2027, USD
2.90%
USA, Notes FRN 31jul2026, USD (BF-2026)
2.52%
USA, Notes FRN 31jul2027, USD (BF-2027)
2.02%
FHLB, 0% 7aug2026, USD (365D)
2.01%
FHLB, 0% 21aug2026, USD (365D)
2.01%
FHLB, 0% 27aug2026, USD (365D)
2.01%
FHLB, 0% 3sep2026, USD (365D)
1.61%
USA, Notes FRN 31oct2027, USD (BK-2027)
1.41%
FHLB, 0% 28aug2026, USD (365D)
1.41%
USA, Bills 0% 8oct2026, USD (182D)
1.40%
USA, Notes FRN 30apr2027, USD (BB-2027)
1.27%
US313313F450
1.20%
US313589C353
1.13%
US313589B447
1.09%
FHLB, 0% 31jul2026, USD (365D)
1.06%
Frequently asked questions about PMMF and SBIL

How have the PMMF and SBIL ETFs performed in 2026?

As of September 1, 2026, PMMF is up 2.43% year-to-date (YTD), while SBIL has returned 2.38%. That puts PMMF better performer ahead so far this year.

Which ETF is attracting more investor money: PMMF or SBIL?

Year-to-date, the PMMF ETF saw +$304M in flows, compared to +$421M for SBIL.

Which ETF is more volatile: PMMF or SBIL?

Over the past year, PMMF had a volatility of 0.14%, while SBIL experienced 0.12%.

Which ETF is bigger: PMMF or SBIL?

As of September 1, 2026, PMMF holds $725.32 M in assets under management (AUM), while SBIL manages $4.82 B.

What are the top holdings of the PMMF ETF and SBIL ETF?

PMMF top holdings include US46223WAF05, US89115M3R51 and US31845TAN00. SBIL holds in its top three: Freddie Mac, FRN 22sep2027, USD, USA, Notes FRN 31jul2026, USD (BF-2026) and USA, Notes FRN 31jul2027, USD (BF-2027).

Which ETF is more diversified: PMMF or SBIL?

PMMF holds 114 securities with 5.6% of its assets in the top 15. SBIL has 167 securities and a top 15 weight of 25.05%.

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