FDRXX vs SNVXX
Side-by-side 7-day yields from the September 2026 month-end N-MFP filings.
Data: September 2026 month-end SEC filings
All figures are from the September 2026 month-end Form N-MFP filings (report date ) - money-market funds must file within five business days of month-end. Regulatory data, not live quotes.
- As of the September 2026 month-end filings, SNVXX's 7-day yield of 3.58% is 0.03 points above FDRXX's 3.55%.
| FDRXX | SNVXX | |
|---|---|---|
| Fund | Fidelity Government Cash Reserves | Schwab Government Money Fund |
| Category | Government | Government |
| 7-day net yield | 3.55% | 3.58% |
| Yield as of | ||
| Net assets (class) | $248.0B | $32.4B |
| Series gross 7-day yield | 3.91% | 3.92% |
| Implied expense gap (gross − net) | 0.36% | 0.34% |
| WAM / WAL (days) | 35 / 106 | 34 / 90 |
| Daily / weekly liquid assets | 57.0% / 73.0% | 47.0% / 68.8% |
| Minimum initial investment | None | None |
| 2025 USGO income (state tax) | 52.17% | 36.20% |
| Manager | Fidelity Phillips Street Trust | Charles Schwab Family of Funds |
Five-year yield history
FAQ
Which has a higher 7-day yield, FDRXX or SNVXX?
SNVXX - as of the September 2026 month-end SEC Form N-MFP filings, SNVXX's 7-day net yield of 3.58% is 0.03 percentage points above FDRXX's 3.55%.
Numbers only - this site makes no recommendation between funds. Both rows come from each fund's own September 2026 month-end Form N-MFP filing; yields move daily, so check each fund company for live figures (links on the FDRXX and SNVXX pages).