VMFXX's holdings have an average maturity of 21 days, effectively minimizing exposure to changes in interest rates. Expense ratio - 0.11%
Investors seeking to balance risk and returns might find VMVXX an attractive option for increasing income potential while maintaining minimal volatility. Expense ratio - 0.50%
With 795 tax-exempt securities and an average 10-day maturity, VMSXX, a Vanguard Admiral Shares fund, demands a $3,000 minimum investment, aligning with their standard practice. Expense ratio - 0.15%
INAXX, has an initial minimum investment of $1,000 and subsequent purchases must be $50 or more. It maintains a stable NAV of $1 per share and provides monthly distributions. Expense ratio - 0.36%
These ETFs are not considered true money market funds as their NAV can fluctuate, but they possess very low volatility and virtually no credit risk. Expense ratio - 0.14%
SGOV closely resembles BIL. It follows the ICE 0-3 Month US Treasury Securities Index, resulting in a slightly shorter effective duration of 0.1 years compared to BIL. Expense ratio - 0.07%
CLTL has a slightly higher effective duration of 0.33 years than BIL and SGOV, but retains negligible interest rate risk. The ETF offers a 30-day SEC yield of 5.2%. Expense ratio - 0.08%