VMFXX vs. SGOV
Compare and contrast key facts about Vanguard Federal Money Market Fund (VMFXX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
VMFXX is managed by Vanguard. It was launched on Sep 1, 2010. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMFXX or SGOV.
Correlation
The correlation between VMFXX and SGOV 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
VMFXX vs. SGOV - Performance Comparison
Key characteristics
VMFXX:
3.44
SGOV:
21.78
VMFXX:
0.00%
SGOV:
0.00%
VMFXX:
1.34%
SGOV:
0.23%
VMFXX:
0.00%
SGOV:
-0.03%
VMFXX:
0.00%
SGOV:
0.00%
Returns By Period
In the year-to-date period, VMFXX achieves a 0.69% return, which is significantly lower than SGOV's 1.05% return.
VMFXX
0.69%
0.00%
1.87%
4.60%
2.52%
1.72%
SGOV
1.05%
0.36%
2.22%
4.98%
N/A
N/A
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VMFXX vs. SGOV - Expense Ratio Comparison
VMFXX has a 0.00% expense ratio, which is lower than SGOV's 0.03% expense ratio. Despite the difference, 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
VMFXX vs. SGOV — Risk-Adjusted Performance Rank
VMFXX
SGOV
VMFXX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Federal Money Market Fund (VMFXX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
VMFXX vs. SGOV - Dividend Comparison
VMFXX's dividend yield for the trailing twelve months is around 4.49%, less than SGOV's 4.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
VMFXX Vanguard Federal Money Market Fund | 4.49% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.80% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% |
Drawdowns
VMFXX vs. SGOV - Drawdown Comparison
The maximum VMFXX drawdown since its inception was 0.00%, smaller than the maximum SGOV drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for VMFXX and SGOV. For additional features, visit the drawdowns tool.
Volatility
VMFXX vs. SGOV - Volatility Comparison
The current volatility for Vanguard Federal Money Market Fund (VMFXX) is 0.00%, while iShares 0-3 Month Treasury Bond ETF (SGOV) has a volatility of 0.05%. This indicates that VMFXX experiences smaller price fluctuations and is considered to be less risky than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.