Vanguard Federal Money Market Fund (VMFXX) Alternatives

Vanguard Federal Money Market Fund (VMFXX) belongs to the Money Market category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VMFXX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Top Performing VMFXX Alternatives (YTD)

VMFXX alternatives from the Money Market category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
VMRXX	Vanguard Cash Reserves Federal Money Market Fund A...	0.59%	Oct 3, 1989	VMFXX vs VMRXX
VUSXX	Vanguard Treasury Money Market Fund	0.59%	Sep 1, 2010	VMFXX vs VUSXX
SWVXX	Schwab Value Advantage Money Fund	0.57%	Aug 27, 1993	VMFXX vs SWVXX
SNSXX	Schwab U.S. Treasury Money Fund	0.55%	Jan 17, 2018	VMFXX vs SNSXX
SPAXX	Fidelity Government Money Market Fund	0.53%	Feb 5, 1990	VMFXX vs SPAXX

Lowest Volatility Alternatives to VMFXX

VMFXX alternatives from the Money Market category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
SPAXX	Fidelity Government Money Market Fund	1.08%	Feb 5, 1990	VMFXX vs SPAXX
SNSXX	Schwab U.S. Treasury Money Fund	1.09%	Jan 17, 2018	VMFXX vs SNSXX
SWVXX	Schwab Value Advantage Money Fund	1.14%	Aug 27, 1993	VMFXX vs SWVXX
VMRXX	Vanguard Cash Reserves Federal Money Market Fund A...	1.17%	Oct 3, 1989	VMFXX vs VMRXX
VUSXX	Vanguard Treasury Money Market Fund	1.17%	Sep 1, 2010	VMFXX vs VUSXX

Lowest Drawdown Alternatives to VMFXX

VMFXX alternatives from the Money Market category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
VMRXX	Vanguard Cash Reserves Federal Money Market Fund A...	0.00%	Oct 3, 1989	VMFXX vs VMRXX
SWVXX	Schwab Value Advantage Money Fund	0.00%	Aug 27, 1993	VMFXX vs SWVXX
VUSXX	Vanguard Treasury Money Market Fund	0.00%	Sep 1, 2010	VMFXX vs VUSXX
SNSXX	Schwab U.S. Treasury Money Fund	0.00%	Jan 17, 2018	VMFXX vs SNSXX
SPAXX	Fidelity Government Money Market Fund	0.00%	Feb 5, 1990	VMFXX vs SPAXX

Other Mutual Funds from Vanguard

Most popular Vanguard mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	59	-3.97%	Nov 13, 2000	VMFXX vs VTSAX
VFIAX	Vanguard 500 Index Fund Admiral Shares	Large Cap Blend Equities	59	-4.35%	Nov 13, 2000	VMFXX vs VFIAX
VTIAX	Vanguard Total International Stock Index Fund Admi...	Large Cap Blend Equities, Foreign Large Cap Equities	86	1.75%	Nov 29, 2010	VMFXX vs VTIAX
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	38	-10.40%	Nov 13, 2000	VMFXX vs VIGAX
VWELX	Vanguard Wellington Fund Investor Shares	Diversified Portfolio	74	-3.35%	Jul 1, 1929	VMFXX vs VWELX
VBTLX	Vanguard Total Bond Market Index Fund Admiral Shar...	Total Bond Market	46	-0.28%	Nov 12, 2001	VMFXX vs VBTLX
VDIGX	Vanguard Dividend Growth Fund	Large Cap Blend Equities, Dividend	10	-5.09%	May 15, 1992	VMFXX vs VDIGX
VIGIX	Vanguard Growth Index Fund Institutional Shares	Large Cap Growth Equities	38	-10.39%	May 14, 1998	VMFXX vs VIGIX
VITAX	Vanguard Information Technology Index Fund Admiral...	Technology Equities	61	-7.30%	Mar 25, 2004	VMFXX vs VITAX
VBIAX	Vanguard Balanced Index Fund Admiral Shares	Diversified Portfolio	69	-2.43%	Nov 13, 2000	VMFXX vs VBIAX

Often Compared With VMFXX

What investors most often compare with VMFXX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.88%	May 26, 2020	VMFXX vs SGOV
BND	Vanguard Total Bond Market ETF	Total Bond Market	50	0.09%	Apr 3, 2007	VMFXX vs BND
VOO	Vanguard S&P 500 ETF	S&P 500	60	-3.66%	Sep 7, 2010	VMFXX vs VOO
USFR	WisdomTree Bloomberg Floating Rate Treasury Fund	Government Bonds	100	0.93%	Feb 4, 2014	VMFXX vs USFR
FXAIX	Fidelity 500 Index Fund	S&P 500	60	-4.34%	Feb 17, 1988	VMFXX vs FXAIX
VWUSX	Vanguard U.S. Growth Fund Investor Shares	Large Cap Growth Equities	22	-11.82%	Jan 6, 1959	VMFXX vs VWUSX
FCMTX	Fidelity Advisor California Municipal Income Fund ...	Municipal Bonds	37	-0.78%	Aug 1, 2002	VMFXX vs FCMTX
ICLO	Invesco Aaa CLO Floating Rate Note ETF	CLO	80	1.08%	Dec 9, 2022	VMFXX vs ICLO
JPHY	JPMorgan High Yield Research Enhanced ETF	High Yield Bonds, Actively Managed	—	0.38%	Sep 14, 2016	VMFXX vs JPHY
PFIUX	PIMCO Dynamic Bond Fund	Nontraditional Bonds	83	-1.24%	Jun 29, 2008	VMFXX vs PFIUX
VBIL	Vanguard 0-3 Month Treasury Bill ETF	Ultrashort Bond	100	0.87%	Feb 7, 2025	VMFXX vs VBIL
SVARX	Spectrum Low Volatility Fund	Nontraditional Bonds	88	0.25%	Dec 15, 2013	VMFXX vs SVARX
USFR.L	WisdomTree USD Floating Rate Treasury Bond UCITS E...	Government Bonds	96	0.92%	Mar 21, 2019	VMFXX vs USFR.L
PTRQX	PGIM Total Return Bond R6	Intermediate Core-Plus Bond	50	-0.35%	Dec 27, 2010	VMFXX vs PTRQX
WISEX	Azzad Wise Capital Fund	Short-Term Bond	87	-0.56%	Apr 1, 2010	VMFXX vs WISEX
LSYIX	Lord Abbett Short Duration High Yield Fund	High Yield Bonds	74	-1.17%	Apr 30, 2020	VMFXX vs LSYIX
CPSM	Calamos S&P 500 Structured Alt Protection ETF - Ma...	Defined Outcome, S&P 500	71	1.00%	May 1, 2024	VMFXX vs CPSM
FFRIX	Fidelity Advisor Floating Rate High Income Fund Cl...	High Yield Bonds	79	-0.62%	Aug 16, 2000	VMFXX vs FFRIX
BBBIX	BBH Limited Duration Fund	Ultrashort Bond	99	0.23%	Jul 20, 2000	VMFXX vs BBBIX
FZTKX	Fidelity Freedom 2050 Fund Class K6	Target Retirement Date	78	-0.43%	Jun 1, 2006	VMFXX vs FZTKX

Compare VMFXX with Any Fund or Stock

Compare VMFXX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Vanguard Federal Money Market Fund

Symbol name