MMKT and JMMF: The Money Market ETFs That Pay Out Every Week

The Federal Reserve’s latest 25-basis-point rate hike pushed its target range to 3.75%-4.00%, keeping money-market yields attractive while credit and interest-rate risk stays relatively limited for investors. Alongside traditional money market mutual funds, exchange-traded options are growing in popularity because they trade through brokerage accounts and can be held like stocks or other ETFs. Unlike conventional funds, these ETFs don’t hold a fixed $1 share price; they fluctuate intraday but follow the same Rule 2a-7 framework. Two weekly-distribution products stand out: Texas Capital’s MMKT and JPMorgan’s JMMF.