RMME vs. SGVT

Last updated Jun 3, 2026

RMME (Rareview Government Money Market ETF) and SGVT (Schwab Government Money Market ETF) are both Money Market funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. RMME charges 0.30%/yr vs 0.28%/yr for SGVT.

Performance

RMME vs. SGVT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Government Money Market ETF (RMME) and Schwab Government Money Market ETF (SGVT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RMME having a 1.37% return and SGVT slightly higher at 1.40%.

RMME

• 1D: -0.00%
• 1M: 0.25%
• YTD: 1.37%
• 6M: 1.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGVT

• 1D: 0.01%
• 1M: 0.26%
• YTD: 1.40%
• 6M: 1.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RMME vs. SGVT - Yearly Performance Comparison

	2026 (YTD)	2025
RMME Rareview Government Money Market ETF	1.37%	0.29%
SGVT Schwab Government Money Market ETF	1.40%	0.30%

Correlation

The correlation between RMME and SGVT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.47

Return for Risk

RMME vs. SGVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Government Money Market ETF (RMME) and Schwab Government Money Market ETF (SGVT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RMME	SGVT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	8.27	18.56	-10.30

Drawdowns

RMME vs. SGVT - Drawdown Comparison

The maximum RMME drawdown since its inception was -0.17%, which is greater than SGVT's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for RMME and SGVT.

Drawdown Indicators

	RMME	SGVT	Difference
Max Drawdown Largest peak-to-trough decline	-0.17%	-0.03%	-0.14%
Current Drawdown Current decline from peak	-0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.00%	-0.00%	0.00%

Volatility

Volatility by Period

	RMME	SGVT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.41%	0.20%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.41%	0.20%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.41%	0.20%	+0.21%

RMME vs. SGVT - Expense Ratio Comparison

RMME has a 0.30% expense ratio, which is higher than SGVT's 0.28% expense ratio.

Dividends

RMME vs. SGVT - Dividend Comparison

RMME's dividend yield for the trailing twelve months is around 1.61%, less than SGVT's 3.12% yield.

Position	TTM	2025
RMME Rareview Government Money Market ETF	1.61%	0.26%
SGVT Schwab Government Money Market ETF	3.12%	1.73%

Frequently Asked Questions

Can I hold both RMME and SGVT in my portfolio?

RMME and SGVT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RMME or SGVT?

On fees, SGVT is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RMME or SGVT?

SGVT is cheaper with a 0.28% expense ratio, compared with 0.30% for RMME.

Which ETF pays a higher dividend yield, RMME or SGVT?

SGVT has the higher dividend yield at 3.12%, compared with 1.61% for RMME.

What is the main difference between RMME and SGVT?

They also come from different issuers: Rareview and Charles Schwab. Their fees differ too: 0.30% for RMME and 0.28% for SGVT.