iShares Prime Money Market ETF Price & Performance (PMMF)

Investors are increasingly turning to short-term bond ETFs, such as the SGOV ETF, which offers yields above 4% with minimal risk. These funds have gained popularity as a safe haven amid market volatility, providing a reliable option for preserving capital while earning consistent returns.12

BlackRock has launched high-yield money market ETFs, including GMMF and PMMF, aiming to compete with established platforms like Schwab and Fidelity. These ETFs provide liquidity and attractive yields, making them a compelling choice for investors seeking cash management solutions.34

Assets in money market funds have surged past $7 trillion, driven by rising interest rates and investor demand for safer options. These funds, which include government and municipal varieties, offer stability and consistent yields, appealing to both retail and institutional investors.42