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GMMF vs NPFI

Comparison between iShares Government Money Market ETF (GMMF, ETF) and NUVEEN PREFERRED AND INCOME ETF (NPFI, ETF).

GMMF vs NPFI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
GMMF
$167M
NPFI
$166M
Expense Ratio
Winner
GMMF
0.20%
NPFI
0.56%
Max Drawdown
Winner
GMMF
0.43%
NPFI
4.74%
Sharpe Ratio
GMMF
0.37
Winner
NPFI
1.22
5Y Beta
Winner
GMMF
-0.00
NPFI
0.11

GMMF vs NPFI - Historical Returns

Returns include dividend reinvestment.

1M
GMMF
+0.32%
Winner
NPFI
+0.47%
3M
GMMF
+0.90%
Winner
NPFI
+1.83%
6M
GMMF
+1.76%
Winner
NPFI
+2.12%
1Y
GMMF
+3.85%
Winner
NPFI
+7.52%
Max(CAGR)
GMMF
+3.93%
Winner
NPFI
+7.74%

GMMF vs NPFI - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearGMMFNPFI
2026+1.54%+1.63%
2025+3.70%+9.13%
2024N/A+6.56%

GMMF vs NPFI Drawdown Comparison

The maximum drawdown for GMMF was -0.03%, occurring on Jul 14, 2025. Recovery took 4 trading sessions.

The maximum drawdown for NPFI was -3.18%, occurring on Mar 30, 2026. Recovery took 67 trading sessions.

The current NPFI drawdown is -0.08%.

RankGMMFNPFI
#1-0.03%
Jul 11, 2025 - Jul 17, 2025
-3.18%
Feb 20, 2026 - May 28, 2026
#2-0.02%
Apr 8, 2025 - Apr 10, 2025
-2.94%
Feb 27, 2025 - May 12, 2025
#3-0.01%
Jun 2, 2025 - Jun 4, 2025
-1.73%
Mar 28, 2024 - May 7, 2024
#4-0.01%
Mar 17, 2025 - Mar 20, 2025
-0.92%
Dec 11, 2024 - Jan 21, 2025
#5-0.01%
Feb 20, 2025 - Feb 27, 2025
-0.88%
Oct 17, 2024 - Dec 4, 2024
#6-0.01%
Jan 5, 2026 - Jan 9, 2026
-0.76%
Oct 28, 2025 - Nov 28, 2025
#7-0.01%
Feb 7, 2025 - Feb 11, 2025
-0.61%
Jul 22, 2024 - Aug 14, 2024
#8-0.01%
Mar 24, 2025 - Mar 26, 2025
-0.61%
Oct 6, 2025 - Oct 16, 2025
#9-0.01%
Jul 1, 2025 - Jul 3, 2025
-0.54%
Sep 23, 2024 - Oct 17, 2024
#10-0.01%
Apr 10, 2025 - Apr 14, 2025
-0.48%
Jul 3, 2025 - Jul 25, 2025
#11-0.01%
Aug 11, 2025 - Aug 14, 2025
-0.46%
Jan 16, 2026 - Jan 23, 2026
#12-0.01%
Jun 16, 2025 - Jun 18, 2025
-0.37%
May 20, 2024 - Jun 5, 2024
#13-0.01%
Dec 15, 2025 - Dec 17, 2025
-0.31%
Sep 5, 2024 - Sep 9, 2024
#14-0.01%
Jun 24, 2025 - Jun 26, 2025
-0.29%
May 16, 2025 - May 27, 2025
#15-0.01%
Apr 28, 2025 - May 2, 2025
-0.29%
Jun 2, 2026 - Jun 11, 2026

Correlation

Correlation between GMMF and NPFI is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96
-101

Dividend Comparison (2024 - 2026)

GMMF vs NPFI dividend yield comparison.

YearGMMFNPFI
20261.48%2.42%
20253.45%6.33%
20240.00%5.10%

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