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VMFXX vs VUSXX

VMFXX

7-day SEC yield
3.81%
Expense ratio
0.11%
Details

Vanguard Federal Money Market Fund

Portfolio: Cash, government securities and government-collateralized repurchase agreements.

Cash access: Purchased or redeemed at the fund's daily NAV. Vanguard also offers it as a brokerage settlement fund; minimums depend on that role.

Rate observed

Government money-market fund

Minimum investment: $3,000 reported; account exceptions may apply

Reported net yields already include expenses.

Official VMFXX yield and terms

VUSXX

7-day SEC yield
3.85%
Expense ratio
0.07%
Details

Vanguard Treasury Money Market Fund

Portfolio: Short-term U.S. Treasury-focused money-market portfolio.

Cash access: Purchased or redeemed at the fund's daily NAV. Check your brokerage's fund availability and minimum investment.

Rate observed

Treasury money-market fund

Minimum investment: $3,000 reported; account exceptions may apply

Reported net yields already include expenses.

Official VUSXX yield and terms

Compare like-for-like

Check both observation dates before comparing yields. Reported net yields already reflect fund expenses. These funds are investments without deposit insurance; neither a displayed yield nor historical performance guarantees your return.

State tax treatment depends on annual income allocations and state rules. A Treasury portfolio label alone does not establish an exemption percentage.

Compare with explicit tax assumptions