New

ETF model portfolios designed for real investor needs. Discover →

Advertisement
Advertisement

PMMFvsSHVETF Comparison

ETF 1
PMMF

iShares Prime Money Market ETF

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

iShares 0–1 Year Treasury Bond ETF

This fund is part of
Money Market Bonds
-0%

iShares Prime Money Market ETF (PMMF) and iShares 0–1 Year Treasury Bond ETF (SHV) belong to the same industry segment: Money Market Bonds. PMMF's top 2 sector exposures are Finance and Government Agencies. In contrast, SHV's top sector exposures are Sovereign and Non-Corporate. PMMF is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.15% for SHV. PMMF is up 2.43% year-to-date (YTD) with +$304M in YTD flows. SHV performs worse with 2.32% YTD performance, and +$829M in YTD flows. Run a side-by-side ETF comparison of PMMF and SHV 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

PMMF vs SHV performance and flow charts

Performance

0.00.10.10.10.20.30.3%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

-100 M0 M100 M200 M300 MAug 3Aug 10Aug 17Aug 24Aug 31

Get all the metrics on this page, and more, through a reliable ETF data feed

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

Historic performance and flows
Data as of 09/01/2026
1M3MYTD1Y3Y5Y
Perf.
PMMF
SHV
+0.29%+0.29%
+0.92%+0.90%
+2.43%+2.32%
+3.81%+3.69%
n/a+14.14%
n/a+18.78%
Flows
PMMF
SHV
+$60M+$137M
+$152M+$104M
+$304M+$829M
+$421M+$32M
-+$442M
-+$6.50B
Volatility and drawdown
3M1Y3Y5Y
Volatility
PMMF
SHV
+0.14%+0.15%
+0.14%+0.15%
n/a+0.19%
n/a+0.24%
Max drawdown
PMMF
SHV
n/an/a
n/an/a
n/an/a
n/a-0.39%
Max drawdown duration
PMMF
SHV
n/an/a
n/an/a
n/an/a
n/a393d
Trading data

Create an account to view trading data

Join for free
PMMF
SHV
Last sale
Previous close
09/01/2026
Consolidated volume
09/01/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 2, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

PMMF
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
PMMF
SHV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
PMMF
SHV
Last price
1D performance
AuM$725.32 M$20.77 B
E/R0.2%0.15%
Characteristics
PMMF
SHV
Management strategyActivePassive
ProvideriSharesiShares
Benchmark-ICE U.S. Treasury Short Bond Index
N° of holdings466
Asset class-Fixed Income
Trailing 12m distribution yield
Join
Join
Inception dateFebruary 4, 2025January 5, 2007
ESGNoNo
Advertisement
Exposure

Countries

PMMF
Data will be available soon
SHV
USA
102.95%
Other
-2.95%

Sectors

PMMF
Data will be available soon
SHV
Sovereign
102.46%
Other
-2.46%

Diversification

PMMF
Data will be available soon
SHV

Total weight of top 15 holdings out of 15

53.37%

Top 15 holdings

Data as of July 31, 2026
PMMF
Data will be available soon
SHV
USA, Bills 0% 25aug2026, USD (119D)
4.98%
USA, Bills 0% 14jan2027, USD (182D)
4.94%
USA, Bills 0% 29oct2026, USD (364D)
4.52%
USA, Bills 0% 13oct2026, USD (119D)
3.85%
USA, Bills 0% 18aug2026, USD (119D)
3.56%
USA, Bills 0% 27oct2026, USD (119D)
3.55%
USA, Bills 0% 1oct2026, USD (364D)
3.36%
USA, Bills 0% 12nov2026, USD (182D)
3.32%
USA, Bills 0% 7jan2027, USD (182D)
3.28%
USA, Bills 0% 31dec2026, USD (182D)
3.21%
USA, Bills 0% 8sep2026, USD (119D)
3.13%
USA, Bills 0% 24sep2026, USD (182D)
3.03%
USA, Bills 0% 24dec2026, USD (363D)
2.96%
USA, Bills 0% 15sep2026, USD (119D)
2.90%
USA, Bills 0% 11aug2026, USD (119D)
2.79%
Frequently asked questions about PMMF and SHV

How have the PMMF and SHV ETFs performed in 2026?

As of September 1, 2026, PMMF is up 2.43% year-to-date (YTD), while SHV has returned 2.32%. That puts PMMF better performer ahead so far this year.

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

Year-to-date, the PMMF ETF saw +$304M in flows, compared to +$829M for SHV.

Which ETF is more volatile: PMMF or SHV?

Over the past year, PMMF had a volatility of 0.14%, while SHV experienced 0.15%.

Which ETF is bigger: PMMF or SHV?

As of September 1, 2026, PMMF holds $725.32 M in assets under management (AUM), while SHV manages $20.77 B.

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

PMMF top holdings include US46223WAF05, US89115M3R51 and US31845TAN00. SHV holds in its top three: USA, Bills 0% 25aug2026, USD (119D), USA, Bills 0% 14jan2027, USD (182D) and USA, Bills 0% 29oct2026, USD (364D).

Which ETF is more diversified: PMMF or SHV?

PMMF holds 114 securities with 5.6% of its assets in the top 15. SHV has 66 securities and a top 15 weight of 53.37%.

Advertisement
Advertisement
Advertisement
ETF INVESTOR RESOURCES

Expert-Built ETF Portfolios, All in One Place

Don’t start from scratch. Discover ready-made ETF portfolios built by professionals to match different goals, timelines, and market views. Use them as inspiration or as a starting point for your own allocation.

Portfolio Builder