GMMF vs MMKT
iShares Government Money Market ETF compared with Texas Capital Government Money Market ETF on yield, payout growth, payment schedule, cost and risk.
GMMF
iShares Government Money Market ETF
TTM yield · Weekly
MMKT
Texas Capital Government Money Market ETF
TTM yield · Weekly
Quick take
- MMKT yields more today: 3.60% vs 3.37% (forward).
- Both pay every week.
- Over the last year MMKT delivered the higher total return: +3.6% vs +3.3% (price change plus payouts).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GMMF | MMKT |
|---|---|---|
| Share price | $100.32 | $100.18 |
| TTM yield | 3.52% | 3.60% |
| Forward yield | 3.37% | 3.60% |
| Annual payout per share | $3.3824 | $3.603 |
| Payment frequency | Weekly | Weekly |
| Next ex-date | Sep 9, 2026 (est.) | Sep 11, 2026 (est.) |
| Expense ratio | 0.20% | 0.20% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 99/100 | 99/100 |
| 1-year total return | +3.3% | +3.6% |
| 1-year price return | -0.2% | -0.0% |
| Size (market cap / AUM) | 190.6M | 72.7M |
| Years paying | 1.5 | 1.9 |
| Sector / category | Money Market-Taxable | Money Market-Taxable |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| GMMF | MMKT | |
|---|---|---|
| Shares | 99.7 | 99.8 |
| Income per year | $337 | $360 |
| Income per month (avg) | $28 | $30 |
At forward yields, before taxes. Model GMMF · Model MMKT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| GMMF Sep 9, 2026 | Sep 23, 2026 | $0.065 | Est. |
| GMMF Sep 16, 2026 | Sep 30, 2026 | $0.065 | Est. |
| GMMF Sep 23, 2026 | Oct 7, 2026 | $0.065 | Est. |
| MMKT Sep 11, 2026 | Sep 25, 2026 | $0.0693 | Est. |
| MMKT Sep 18, 2026 | Oct 2, 2026 | $0.0693 | Est. |
| MMKT Sep 25, 2026 | Oct 9, 2026 | $0.0693 | Est. |
Annual payouts per share
GMMFMMKT
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, GMMF or MMKT?
MMKT currently has the higher trailing yield: GMMF yields 3.52% and MMKT yields 3.60%. Yield changes daily with price, so check the live figures above.
How often do GMMF and MMKT pay?
GMMF pays every week and MMKT pays every week. GMMF's next ex-date is Sep 9, 2026 and MMKT's is Sep 11, 2026.
Is GMMF or MMKT better for income?
It depends on what you are optimising for. GMMF and MMKT differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.