Schwab Government Money Market ETF (SGVT) belongs to the Money Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SGVT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SGVT
SGVT charges 0.28% annually. There are 7 ETFs in the Money Market category with lower expense ratios, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Government Money Market ETF | 0.15% | 5.01B | Jul 2025 | SGVT vs SBIL | |
| ProShares GENIUS Money Market ETF | 0.15% | 20.33B | Feb 2026 | SGVT vs IQMM | |
| JPMorgan 100% U.S. Treasury Securities Money Marke... | 0.16% | 66.06M | Dec 2025 | SGVT vs JMMF | |
| State Street Prime Money Market ETF | 0.18% | 28.02M | Feb 2026 | SGVT vs MMK | |
| iShares Prime Money Market ETF | 0.20% | 645.79M | Feb 2025 | SGVT vs PMMF |
Best Risk-Adjusted Alternatives to SGVT
SGVT has a PortfoliosLab risk / return rank of 100. There is 1 ETF in the Money Market category with a higher risk-adjusted rank, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Prime Money Market ETF | 100 | 645.79M | Feb 2025 | SGVT vs PMMF | |
| Texas Capital Government Money Market ETF | 100 | 62.65M | Sep 2024 | SGVT vs MMKT | |
| Simplify Government Money Market ETF | 100 | 5.01B | Jul 2025 | SGVT vs SBIL | |
| Leadershares Alphafactor Tactical Focused ETF | 49 | 61.78M | Oct 2020 | SGVT vs LSAT | |
| Columbia Multi-Sector Municipal Income ETF | 44 | 595.07M | Oct 2018 | SGVT vs MUST |
Top Performing SGVT Alternatives (YTD)
SGVT is at 1.82% YTD. There are 5 ETFs in the Money Market category with higher YTD returns, going as high as 18.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leadershares Alphafactor Tactical Focused ETF | 18.17% | 61.78M | Oct 2020 | SGVT vs LSAT | |
| iShares Prime Money Market ETF | 1.95% | 645.79M | Feb 2025 | SGVT vs PMMF | |
| Simplify Government Money Market ETF | 1.91% | 5.01B | Jul 2025 | SGVT vs SBIL | |
| Texas Capital Government Money Market ETF | 1.86% | 62.65M | Sep 2024 | SGVT vs MMKT | |
| JPMorgan 100% U.S. Treasury Securities Money Marke... | 1.84% | 66.06M | Dec 2025 | SGVT vs JMMF |
Lowest Volatility Alternatives to SGVT
SGVT has 0.22% 1-year volatility. There are 2 ETFs in the Money Market category with lower 1-year volatility, going as low as 0.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Prime Money Market ETF | 0.18% | 28.02M | Feb 2026 | SGVT vs MMK | |
| iShares Prime Money Market ETF | 0.19% | 645.79M | Feb 2025 | SGVT vs PMMF | |
| Texas Capital Government Money Market ETF | 0.22% | 62.65M | Sep 2024 | SGVT vs MMKT | |
| ProShares GENIUS Money Market ETF | 0.22% | 20.33B | Feb 2026 | SGVT vs IQMM | |
| Simplify Government Money Market ETF | 0.26% | 5.01B | Jul 2025 | SGVT vs SBIL |
Lowest Drawdown Alternatives to SGVT
SGVT has a 1-year max drawdown of -0.03%. There are 2 ETFs in the Money Market category with shallower 1-year drawdowns, going as shallow as -0.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Prime Money Market ETF | -0.02% | 645.79M | Feb 2025 | SGVT vs PMMF | |
| Texas Capital Government Money Market ETF | -0.02% | 62.65M | Sep 2024 | SGVT vs MMKT | |
| Simplify Government Money Market ETF | -0.03% | 5.01B | Jul 2025 | SGVT vs SBIL | |
| Columbia Multi-Sector Municipal Income ETF | -3.01% | 595.07M | Oct 2018 | SGVT vs MUST | |
| Leadershares Alphafactor Tactical Focused ETF | -7.94% | 61.78M | Oct 2020 | SGVT vs LSAT |
Other ETFs from Charles Schwab
The 10 most viewed Charles Schwab ETFs shown here include SCHD, SCHG, SCHX and span 6 categories. AUM among these funds goes as high as $99B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | Dividend | 91 | 22.44% | 98.55B | Oct 2011 | SGVT vs SCHD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 32 | 6.40% | 60.56B | Dec 2009 | SGVT vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 63 | 10.64% | 72.77B | Nov 2009 | SGVT vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Blend Equities | 65 | 11.27% | 43.66B | Nov 2009 | SGVT vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 61 | 13.66% | 66.31B | Nov 2009 | SGVT vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 67 | 10.53% | 2.36B | Apr 2021 | SGVT vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 85 | 15.88% | 15.78B | Dec 2009 | SGVT vs SCHV | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Value Equities | 94 | 17.12% | 26.25B | Aug 2013 | SGVT vs FNDX | |
| Schwab Fundamental International Equity ETF | Foreign Large Cap Equities, Large Cap Value Equities | 84 | 17.52% | 24.25B | Aug 2013 | SGVT vs FNDF | |
| Schwab U.S. Small-Cap ETF | Small Cap Blend Equities | 74 | 20.77% | 23.26B | Nov 2009 | SGVT vs SCHA |
Often Compared With SGVT
Investors most often compare SGVT with SGOV, SWVXX, MINT. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare SGVT with Any Fund or Stock
Compare SGVT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SGVT with funds that move differently
Schwab Government Money Market ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SGVT.
Explore SGVT Diversifiers