SPAXX vs SNVXX
Side-by-side 7-day yields from the October 2026 month-end N-MFP filings.
Data: October 2026 month-end SEC filings
All figures are from the October 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 October 2026 month-end filings, SNVXX's 7-day yield of 3.62% is 0.07 points above SPAXX's 3.55%.
| SPAXX | SNVXX | |
|---|---|---|
| Fund | Fidelity Government Money Market Fund | Schwab Government Money Fund |
| Category | Government | Government |
| 7-day net yield | 3.55% | 3.62% |
| Yield as of | ||
| Net assets (class) | $427.5B | $31.6B |
| Series gross 7-day yield | 3.97% | 3.96% |
| Implied expense gap (gross − net) | 0.42% | 0.34% |
| WAM / WAL (days) | 39 / 116 | 32 / 94 |
| Daily / weekly liquid assets | 59.0% / 71.0% | 41.5% / 67.5% |
| Minimum initial investment | None | None |
| 2025 USGO income (state tax) | 50.90% | 36.20% |
| Manager | Fidelity Hereford Street Trust | Charles Schwab Family of Funds |
Five-year yield history
FAQ
Which has a higher 7-day yield, SPAXX or SNVXX?
SNVXX - as of the October 2026 month-end SEC Form N-MFP filings, SNVXX's 7-day net yield of 3.62% is 0.07 percentage points above SPAXX's 3.55%.
Numbers only - this site makes no recommendation between funds. Both rows come from each fund's own October 2026 month-end Form N-MFP filing; yields move daily, so check each fund company for live figures (links on the SPAXX and SNVXX pages).