SGOV vs. VMFXX
Compare and contrast key facts about iShares 0-3 Month Treasury Bond ETF (SGOV) and Vanguard Federal Money Market Fund (VMFXX).
SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020. VMFXX is managed by Vanguard. It was launched on Sep 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGOV or VMFXX.
Correlation
The correlation between SGOV and VMFXX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SGOV vs. VMFXX - Performance Comparison
Key characteristics
SGOV:
21.42
VMFXX:
3.44
SGOV:
0.00%
VMFXX:
0.00%
SGOV:
0.23%
VMFXX:
1.34%
SGOV:
-0.03%
VMFXX:
0.00%
SGOV:
0.00%
VMFXX:
0.00%
Returns By Period
In the year-to-date period, SGOV achieves a 1.27% return, which is significantly higher than VMFXX's 0.69% return.
SGOV
1.27%
0.33%
2.19%
4.89%
N/A
N/A
VMFXX
0.69%
0.00%
1.87%
4.60%
2.52%
1.72%
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SGOV vs. VMFXX - Expense Ratio Comparison
SGOV has a 0.03% expense ratio, which is higher than VMFXX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SGOV vs. VMFXX — Risk-Adjusted Performance Rank
SGOV
VMFXX
SGOV vs. VMFXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-3 Month Treasury Bond ETF (SGOV) and Vanguard Federal Money Market Fund (VMFXX). 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.
Dividends
SGOV vs. VMFXX - Dividend Comparison
SGOV's dividend yield for the trailing twelve months is around 4.79%, more than VMFXX's 4.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
SGOV iShares 0-3 Month Treasury Bond ETF | 4.79% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% |
VMFXX Vanguard Federal Money Market Fund | 4.49% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% |
Drawdowns
SGOV vs. VMFXX - Drawdown Comparison
The maximum SGOV drawdown since its inception was -0.03%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SGOV and VMFXX. For additional features, visit the drawdowns tool.
Volatility
SGOV vs. VMFXX - Volatility Comparison
iShares 0-3 Month Treasury Bond ETF (SGOV) has a higher volatility of 0.06% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.00%. This indicates that SGOV's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.