Best Money Market Accounts April 2023 Vanguard, Schwab, iShares, Fidelity 18 compared SWVXX, VMFXX,

Tue, 25 Jul 2023 12:06:24 +0000

I compared 18 high-yield money market accounts to find the highest rates after fees. I look at Vanguard, Fidelity, iShares, Schwab and SPDR. I compared both mutual fund money market accounts as well as money market ETFs.

Vanguard had several winners in various categories. I seperated the categories to Treasury only, Government Obligations and Corp / Govt with the least risky being treasuries only.

These categories were for mutual fund money market funds as well as ETFs. I crowned winners for each.

Best Government Money Market Accounts Ultra Short-term ETFs TFLO, SGOV, USFR

Tue, 25 Jul 2023 08:17:37 +0000

Which US Government money market ETF is best? I look at TFLO, SGOV and USFR. They all offer the safety of US Treasuries but with added flexibility of being able to buy and sell like a stock all for a very small fee.

It seems like it is a toss-up between TFLO and USFR but I would say that I do prefer USFR after looking at the interest payments. The interest payments for USFR are much more uniform. TFLO has had some payments that are larger than others.

Usfr on Techfinology

Best Money Market Accounts April 2023 Vanguard, Schwab, iShares, Fidelity 18 compared SWVXX, VMFXX,

Best Government Money Market Accounts Ultra Short-term ETFs TFLO, SGOV, USFR