Spaxx Vs Vusxx Vmfxx 2025 Which Vanguard Money Market Fund Is Better For

I found this fund vusxx with 0.09% er with 7 days yield as 4.61 right now While there is technically more risk in treasuries vs cash, that risk is so minuscule that it is not worth worrying about. Also the vusxx has 71% treasury bill which saves on state tax

VUSXX vs VMFXX (2025) – Which Vanguard Money Market Fund Is Better for

So overall is it better to hold cash in vusxx in a fidelity account

What am i missing here?

They’re highly liquid, earn better returns than savings accounts and are often used in. Last time i looked vusxx was my best choice in term of yield and tax advantage for holding cash equivalents, spaxx had lower yields for example Am i missing some other mmf at fidelity that it closer to vusxx? Like vmfxx, vusxx is a government money market fund

However, it is a shade safer thanks to its emphasis on treasury bills instead of the more commonly seen repurchase agreements. At fidelity, the standard settlement account is usually selected to be either spaxx or fzfxx Except for vmfxx, spaxx, and fzfxx, the other money market funds are normally purchased as a separate investment in your brokerage account Swvxx and snsxx are common choices with schwab clients