Vanguard Federal Money Market Fund (VMFXX) 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.
Money 8020 pick V Vanguard Federal Money Market Fund (VMFXX) Vanguard 96/100 | TV Vanguard Treasury Money Market Fund (VUSXX) The Vanguard Group 94/100 | |
|---|---|---|
| Tier | Essential | Essential |
| 7-day SEC yield | 3.56% | 3.60% |
| Expense ratio | 0.11% | 0.09% |
| Minimum to invest | $3,000 | $3,000 |
| Protection | SIPC | SIPC (not FDIC) |
| Annual fee | — | — |
| Best for | Vanguard investors parking idle cash at a strong yield | Investors parking cash inside a brokerage account |
| View profile | View profile |
Which should you choose: the Vanguard Federal Money Market Fund (VMFXX) or the Vanguard Treasury Money Market Fund (VUSXX)?
The Vanguard Federal Money Market Fund (VMFXX) is the stronger pick of the two, with a Money 8020 score of 96/100 versus 94. Choose the Vanguard Treasury Money Market Fund (VUSXX) instead if investors parking cash inside a brokerage account.
On 7-day SEC yield, the Vanguard Federal Money Market Fund (VMFXX) shows 3.56% versus the Vanguard Treasury Money Market Fund (VUSXX)'s 3.60%. On expense ratio, the Vanguard Federal Money Market Fund (VMFXX) shows 0.11% versus the Vanguard Treasury Money Market Fund (VUSXX)'s 0.09%. On protection, the Vanguard Federal Money Market Fund (VMFXX) shows SIPC versus the Vanguard Treasury Money Market Fund (VUSXX)'s SIPC (not FDIC). Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Vanguard Federal Money Market Fund (VMFXX) vs Vanguard Treasury Money Market Fund (VUSXX): FAQ
Is the Vanguard Federal Money Market Fund (VMFXX) or the Vanguard Treasury Money Market Fund (VUSXX) better?
By our scoring, the Vanguard Federal Money Market Fund (VMFXX) edges ahead with a Money 8020 score of 96/100 versus 94. The Vanguard Treasury Money Market Fund (VUSXX) can still be the better fit if investors parking cash inside a brokerage account.
What is the main difference between the Vanguard Federal Money Market Fund (VMFXX) and the Vanguard Treasury Money Market Fund (VUSXX)?
On 7-day SEC yield, the Vanguard Federal Money Market Fund (VMFXX) offers 3.56% 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.