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TFLOvsIQMMETF Comparison

ETF 1

TFLO

iShares Treasury Floating Rate Bond ETF

This fund is part of

US Government Bonds

-0.18%

Full TFLO fund page

VS

ETF 2

IQMM

ProShares GENIUS Money Market ETF

This fund is part of

Money Market Bonds

+0.02%

Full IQMM fund page

iShares Treasury Floating Rate Bond ETF (TFLO) belongs to the US Government Bonds segment. ProShares GENIUS Money Market ETF (IQMM) is part of the Money Market Bonds segment. TFLO's top 2 sector exposures are Sovereign and Non-Corporate. In contrast, IQMM's top sector exposures are Sovereign. TFLO is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.2% for IQMM. Run a side-by-side ETF comparison of TFLO and IQMM 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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TFLO vs IQMM performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TFLO IQMM	+0.34%+0.34%	+1.01%+0.68%	+3.16%n/a	+3.98%n/a	+14.34%n/a	+21.42%n/a
Flows	TFLO IQMM	+$273M-$1.92B	+$688M+$787M	+$759M-	+$688M-	-$3.48B-	+$6.94B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TFLO IQMM	+0.15%+0.32%	+0.16%n/a	+0.20%n/a	+0.21%n/a
Max drawdown	TFLO IQMM	n/a-0.07%	n/an/a	n/an/a	-0.03%n/a
Max drawdown duration	TFLO IQMM	n/a15d	n/an/a	n/an/a	27dn/a

Trading data

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	TFLO	IQMM
Last sale 10/23/2026 at 1:30 PM	$50.65
Previous close 10/22/2026	$50.64
Consolidated volume 10/22/2026
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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IQMM

is actively managed and doesn’t replicate an index

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	TFLO	IQMM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	TFLO	IQMM
Last price	$50.65	–
1D performance	+0.02%	–
AuM	$7.24 B	$18.90 B
E/R	0.15%	0.2%

Characteristics

	TFLO	IQMM
Management strategy	Passive	Active
Provider	iShares	ProShares
Benchmark	Bloomberg U.S. Treasury Floating Rate Index	-
N° of holdings	9	12
Asset class	Bonds	-
Trailing 12m distribution yield	Join	Join
Inception date	February 3, 2014	February 17, 2026
ESG	No	No

More TFLO data on Trackinsight

More IQMM data on Trackinsight

Exposure

Countries

TFLO

USA

99.68%

Other

0.32%

IQMM

USA

95.54%

Other

4.46%

Sectors

TFLO

Sovereign

99.67%

Other

0.33%

IQMM

Sovereign

95.54%

Other

4.46%

Diversification

TFLO

Total weight of top 9 holdings out of 9

99.68%

IQMM

Total weight of top 12 holdings out of 12

95.54%

Top 15 holdings

Data as of August 31, 2026

TFLO

USA, Notes FRN 30apr2028, USD (BB-2028)

14.42%

USA, Notes FRN 31oct2027, USD (BK-2027)

13.42%

USA, Notes FRN 31jan2028, USD (AX-2028)

12.97%

USA, Notes FRN 31oct2026, USD (BK-2026)

12.54%

USA, Notes FRN 30apr2027, USD (BB-2027)

12.46%

USA, Notes FRN 31jan2027, USD (AX-2027)

12.45%

USA, Notes FRN 31jul2027, USD (BF-2027)

12.13%

USA, Notes FRN 31jul2028, USD (BF-2028)

9.29%

BlackRock Cash Funds - Treasury

0.01%

IQMM

USA, Bills 0% 17sep2026, USD (182D)

13.98%

USA, Bills 0% 3sep2026, USD (364D)

13.31%

USA, Bills 0% 10sep2026, USD (182D)

9.66%

USA, Bills 0% 22oct2026, USD (182D)

9.46%

USA, Bills 0% 24sep2026, USD (182D)

8.22%

USA, Bills 0% 1oct2026, USD (364D)

7.85%

USA, Bills 0% 8oct2026, USD (182D)

6.62%

USA, Bills 0% 5nov2026, USD (182D)

6.08%

USA, Bills 0% 6oct2026, USD (119D)

6.06%

USA, Bills 0% 15oct2026, USD (182D)

5.67%

USA, Bills 0% 29oct2026, USD (364D)

5.65%

USA, Bills 0% 29sep2026, USD (119D)

2.99%

Frequently asked questions about TFLO and IQMM

Which ETF is bigger: TFLO or IQMM?

As of October 23, 2026, TFLO holds $7.24 B in assets under management (AUM), while IQMM manages $18.90 B.

What sectors do the TFLO and IQMM ETFs invest in?

TFLO leans toward sectors like Sovereign. Meanwhile, IQMM focuses on Sovereign.

What are the top holdings of the TFLO ETF and IQMM ETF?

TFLO top holdings include USA, Notes FRN 30apr2028, USD (BB-2028), USA, Notes FRN 31oct2027, USD (BK-2027) and USA, Notes FRN 31jan2028, USD (AX-2028). IQMM holds in its top three: USA, Bills 0% 17sep2026, USD (182D), USA, Bills 0% 3sep2026, USD (364D) and USA, Bills 0% 10sep2026, USD (182D).

TFLOvsIQMMETF Comparison

iShares Treasury Floating Rate Bond ETF

ProShares GENIUS Money Market ETF

TFLO vs IQMM performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: TFLO or IQMM?

As of October 23, 2026, TFLO holds $7.24 B in assets under management (AUM), while IQMM manages $18.90 B.

What sectors do the TFLO and IQMM ETFs invest in?

TFLO leans toward sectors like Sovereign. Meanwhile, IQMM focuses on Sovereign.

What are the top holdings of the TFLO ETF and IQMM ETF?

TFLO top holdings include USA, Notes FRN 30apr2028, USD (BB-2028), USA, Notes FRN 31oct2027, USD (BK-2027) and USA, Notes FRN 31jan2028, USD (AX-2028). IQMM holds in its top three: USA, Bills 0% 17sep2026, USD (182D), USA, Bills 0% 3sep2026, USD (364D) and USA, Bills 0% 10sep2026, USD (182D).

Which ETF is more diversified: TFLO or IQMM?

TFLO has 9 securities and IQMM has 12 securities.

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