ProShares GENIUS Money Market ETF

IQMM

Market cap $21.3B

Building resilient portfolios in markets delivering mixed messages can be a challenging affair. In our ongoing engagement with the retail and advisor community at VettaFi, we hear first-hand just how investors are tackling that challenge this year.

The top-performing non-leveraged ETFs of 2026 span a distinct blend of digital assets, next-generation semiconductor technology, and localized international equity plays. For advisors assessing portfolio allocations heading into the second half of the year, these performance figures highlight a sustained risk-on appetite among investors.

State Street Investment Management recently released its Midyear Outlook, and it captured the market's moment incredibly well, depicting an environment marked by both resilience and fragility. When we dive into the latest macro economic data, we see exactly that: a market that's anchored on solid fundamentals but that's also growing fragile as confidence wanes.

The pace of innovation in the ETF industry is hitting breakneck speeds. We have already seen more than 450 new launches in 2026, part of a massive wave of fresh products testing the waters.

The engine of ETF innovation is firing on all cylinders. As the second quarter gains momentum, the industry is on a record-setting pace for both launches and inflows.

Kirsten Chang, senior industry analyst at VettaFi, joined Nate Geraci on this week's ETF Prime to discuss the relentless pace of new ETF launches in 2026. The industry has launched nearly 370 new ETFs in just over four months.

Active exchange traded fund inflows in the first quarter hit an all-time high of $245.21 billion, crushing last year's record by 70% and pushing global assets to $2.12 trillion.

ETFs are a huge part of the investing landscape, having exploded in popularity since the 2019 ETF rule. The funds offer greater tax efficiency, transparency, and tradability than their mutual fund counterparts.

ProShares GENIUS Money Market ETF is a regulatory-compliant, T-Bill-only ETF with over $20 billion AUM since its February 2026 launch. IQMM's GENIUS Act compliance enables it to serve as a secure cash vehicle for stablecoin reserves, mitigating systemic banking risks for the crypto sector. The fund offers weekly distributions, a visually intuitive $100/share NAV, competitive 3.52% SEC yield, and a 0.15% net expense ratio (waived through January 2027).

Cinthia Murphy, investment strategist at VettaFi, joined Nate Geraci on this week's ETF Prime to discuss record ETF flows in the first quarter despite challenging market conditions. The industry exceeded $460 billion in total flows, a 50% year-over-year increase from Q1 2025, according to Murphy.