VMRXX vs FZFXX
Side-by-side 7-day yields from the July 2026 month-end N-MFP filings.
Data: July 2026 month-end SEC filings
All figures are from the July 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 July 2026 month-end filings, VMRXX's 7-day yield of 3.63% is 0.28 points above FZFXX's 3.35%.
| VMRXX | FZFXX | |
|---|---|---|
| Fund | Vanguard Cash Reserves Federal Money Market Fund | Fidelity Treasury Money Market Fund |
| Category | Government | Government |
| 7-day net yield | 3.63% | 3.35% |
| Yield as of | ||
| Net assets (class) | $116.7B | $42.0B |
| Series gross 7-day yield | 3.73% | 3.77% |
| Implied expense gap (gross − net) | 0.10% | 0.42% |
| WAM / WAL (days) | 26 / 54 | 43 / 99 |
| Daily / weekly liquid assets | 48.2% / 69.0% | 91.0% / 98.0% |
| Minimum initial investment | $3,000 | None |
| 2025 USGO income (state tax) | 69.58% | 61.52% |
| Manager | Vanguard Money Market Reserves | Fidelity Newbury Street Trust |
Five-year yield history
FAQ
Which has a higher 7-day yield, VMRXX or FZFXX?
VMRXX - as of the July 2026 month-end SEC Form N-MFP filings, VMRXX's 7-day net yield of 3.63% is 0.28 percentage points above FZFXX's 3.35%.
Numbers only - this site makes no recommendation between funds. Both rows come from each fund's own July 2026 month-end Form N-MFP filing; yields move daily, so check each fund company for live figures (links on the VMRXX and FZFXX pages).