MMKT vs SBIL
Texas Capital Government Money Market ETF compared with Simplify Government Money Market ETF on yield, payout growth, payment schedule, cost and risk.
MMKT
Texas Capital 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 3.56% (forward).
- MMKT pays every week; SBIL pays every month.
- Over the last year SBIL delivered the higher total return: +3.9% 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 | MMKT | SBIL |
|---|---|---|
| Share price | $100.16 | $100.32 |
| TTM yield | 3.56% | 3.64% |
| Forward yield | 3.56% | 3.64% |
| Annual payout per share | $3.57 | $3.65 |
| Payment frequency | Weekly | Monthly |
| Next ex-date | Oct 23, 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% | +3.9% |
| 1-year price return | -0.1% | +0.2% |
| Size (market cap / AUM) | 67.6M | 4.1B |
| Years paying | 2.0 | 1.2 |
| 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
| MMKT | SBIL | |
|---|---|---|
| Shares | 99.8 | 99.7 |
| Income per year | $356 | $364 |
| Income per month (avg) | $30 | $30 |
At forward yields, before taxes. Model MMKT · Model SBIL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MMKT Oct 30, 2026 | Nov 13, 2026 | $0.0687 | Est. |
| MMKT Nov 6, 2026 | Nov 20, 2026 | $0.0687 | Est. |
| MMKT Nov 13, 2026 | Nov 27, 2026 | $0.0687 | 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
MMKTSBIL
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, MMKT or SBIL?
SBIL currently has the higher trailing yield: MMKT yields 3.56% and SBIL yields 3.64%. Yield changes daily with price, so check the live figures above.
How often do MMKT and SBIL pay?
MMKT pays every week and SBIL pays every month. MMKT's next ex-date is Oct 23, 2026 and SBIL's is Oct 25, 2026.
Is MMKT or SBIL better for income?
It depends on what you are optimising for. MMKT 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.