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Schwab Prime Advantage Money Fund (SWVXX) vs Vanguard Treasury Money Market Fund (VUSXX)

Side by side on the numbers that decide it. The Money 8020 Score already weighs these — this is the receipts.

Schwab Prime Advantage Money Fund (SWVXX)
Charles Schwab
85/100
Money 8020 pick
Vanguard Treasury Money Market Fund (VUSXX)
The Vanguard Group
94/100
TierStrongEssential
7-day yield3.47%3.60%
Minimum investment$00.09%
Share classInvestor (SWVXX)$3,000
ProtectionSIPCSIPC (not FDIC)
Annual fee
Best forSchwab investors who want a strong-yielding cash fundInvestors parking cash inside a brokerage account
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Which should you choose: the Schwab Prime Advantage Money Fund (SWVXX) or the Vanguard Treasury Money Market Fund (VUSXX)?

The Vanguard Treasury Money Market Fund (VUSXX) is the stronger pick of the two, with a Money 8020 score of 94/100 versus 85. Choose the Schwab Prime Advantage Money Fund (SWVXX) instead if schwab investors who want a strong-yielding cash fund.

On 7-day yield, the Schwab Prime Advantage Money Fund (SWVXX) shows 3.47% versus the Vanguard Treasury Money Market Fund (VUSXX)'s 3.60%. On minimum investment, the Schwab Prime Advantage Money Fund (SWVXX) shows $0 versus the Vanguard Treasury Money Market Fund (VUSXX)'s 0.09%. On share class, the Schwab Prime Advantage Money Fund (SWVXX) shows Investor (SWVXX) versus the Vanguard Treasury Money Market Fund (VUSXX)'s $3,000. Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

Schwab Prime Advantage Money Fund (SWVXX) vs Vanguard Treasury Money Market Fund (VUSXX): FAQ

Is the Schwab Prime Advantage Money Fund (SWVXX) or the Vanguard Treasury Money Market Fund (VUSXX) better?

By our scoring, the Vanguard Treasury Money Market Fund (VUSXX) edges ahead with a Money 8020 score of 94/100 versus 85. The Schwab Prime Advantage Money Fund (SWVXX) can still be the better fit if schwab investors who want a strong-yielding cash fund.

What is the main difference between the Schwab Prime Advantage Money Fund (SWVXX) and the Vanguard Treasury Money Market Fund (VUSXX)?

On 7-day yield, the Schwab Prime Advantage Money Fund (SWVXX) offers 3.47% while the Vanguard Treasury Money Market Fund (VUSXX) offers 3.60%. Review the full table above and confirm current terms with each provider. This is not financial advice.