Top 5+ Money Market Funds to Buy for Safety

Vanguard Federal Money Market Fund (VMFXX)

VMFXX's holdings have an average maturity of 21 days, effectively minimizing exposure to changes in interest rates. Expense ratio - 0.11%

JPMorgan Prime Money Market Fund (VMVXX)

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%

Vanguard Municipal Money Market Fund (VMSXX)

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%

Invesco Government Money Market Fund (INAXX)

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%

SPDR Bloomberg 1-3 Month T-Bill ETF

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%

iShares 0-3 Month Treasury Bond ETF (SGOV)

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%

Invesco Treasury Collateral ETF (CLTL)

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%