GMMF vs SBIL
iShares Government Money Market ETF compared with Simplify Government Money Market ETF on yield, payout growth, payment schedule, cost and risk.
GMMF
iShares Government Money Market ETF
TTM yield · Weekly
SBIL
Simplify Government Money Market ETF
TTM yield · Monthly
Quick take
- SBIL yields more today: 3.64% vs 3.45% (forward).
- GMMF pays every week; SBIL pays every month.
- Over the last year SBIL delivered the higher total return: +3.8% vs +3.5% (price change plus payouts).
- SBIL is cheaper to own: 0.15% vs 0.20% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GMMF | SBIL |
|---|---|---|
| Share price | $100.28 | $100.26 |
| TTM yield | 3.72% | 3.64% |
| Forward yield | 3.45% | 3.64% |
| Annual payout per share | $3.4553 | $3.65 |
| Payment frequency | Weekly | Monthly |
| Next ex-date | Oct 28, 2026 (est.) | Oct 25, 2026 (est.) |
| Expense ratio | 0.20% | 0.15% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 96/100 | 92/100 |
| 1-year total return | +3.5% | +3.8% |
| 1-year price return | -0.2% | +0.2% |
| Size (market cap / AUM) | 191.5M | 4.1B |
| Years paying | 1.6 | 1.1 |
| 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 | SBIL | |
|---|---|---|
| Shares | 99.7 | 99.7 |
| Income per year | $345 | $364 |
| Income per month (avg) | $29 | $30 |
At forward yields, before taxes. Model GMMF · Model SBIL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| GMMF Oct 28, 2026 | Nov 11, 2026 | $0.0664 | Est. |
| GMMF Nov 4, 2026 | Nov 18, 2026 | $0.0664 | Est. |
| GMMF Nov 11, 2026 | Nov 25, 2026 | $0.0664 | Est. |
| SBIL Oct 25, 2026 | Nov 8, 2026 | $0.3042 | Est. |
| SBIL Nov 24, 2026 | Dec 8, 2026 | $0.3042 | Est. |
| SBIL Dec 24, 2026 | Jan 7, 2027 | $0.3042 | Est. |
Annual payouts per share
GMMFSBIL
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 SBIL?
GMMF currently has the higher trailing yield: GMMF yields 3.72% and SBIL yields 3.64%. Yield changes daily with price, so check the live figures above.
How often do GMMF and SBIL pay?
GMMF pays every week and SBIL pays every month. GMMF's next ex-date is Oct 28, 2026 and SBIL's is Oct 25, 2026.
Is GMMF or SBIL better for income?
It depends on what you are optimising for. GMMF and SBIL 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.