FZFXX vs SGOV: Yield, Cost and Returns Compared
As of Nov 5, 2026, SGOV yields more: 3.64% (current yield) against 3.34% for FZFXX. FZFXX's income is mostly exempt from state income tax; SGOV's is generally exempt from state income tax. SGOV trades like a stock at any broker; FZFXX is Fidelity's money market fund, usually held in a Fidelity account.
SGOViShares 0-3 Month Treasury Bond ETF3.64%current yield| Compared | FZFXX | SGOV |
|---|---|---|
| YieldFZFXX: 7-day yield; SGOV: current yield | 3.34% | 3.64% |
| Expense ratio | In the yield | 0.09% |
| Total return, 1 yr | — | +3.7% |
| Total return, 3 yr (a year) | — | +4.5% |
| Total return, 5 yr (a year) | — | +3.8% |
| Pays | Monthly | Monthly |
| Issuer | Fidelity | iShares |
| Assets | — | $116.8B |
| Started | — | 2020 |
| Type | Treasury money market | Treasury ETF |
Higher yield
SGOV
3.64%
Lighter state tax
SGOV
exempt from state income tax
$10,000 earns
$364
a year in SGOV
Key facts: FZFXX vs SGOV
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, FZFXX yields 3.34% (7-day yield) and SGOV yields 3.64% (current yield).
- FZFXX's income is mostly exempt from state income tax, while SGOV's is generally exempt from state income tax.
- SGOV trades like a stock at any broker; FZFXX is Fidelity's money market fund, usually held in a Fidelity account.
Cite this page
SmarterDividends, "FZFXX vs SGOV: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/fzfxx-vs-sgov
What each holds and how it's taxed
- FZFXX · Treasury money market
- A Treasury money market fund: Treasury bills and, for some, repurchase agreements backed by Treasuries. Most of its income is usually exempt from state income tax; the fund publishes the exact share each year.
- SGOV · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
General information, not tax advice. Every cash fund by yield →
FZFXX vs SGOV: questions
Is FZFXX or SGOV better?
It depends on the job. SGOV pays more today (3.64% vs 3.34%). For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, FZFXX or SGOV?
SGOV, at 3.64% against 3.34% for FZFXX as of Nov 5, 2026. On $10,000 that's about $364 vs $334 a year at today's rates.
How are FZFXX and SGOV taxed?
FZFXX: A Treasury money market fund: Treasury bills and, for some, repurchase agreements backed by Treasuries. Most of its income is usually exempt from state income tax; the fund publishes the exact share each year. SGOV: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SGOV leads on 1 of 1 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.