SGOV vs SNVXX: Yield, Cost and Returns Compared
As of Nov 5, 2026, SGOV yields more: 3.64% (current yield) against — for SNVXX. SGOV's income is generally exempt from state income tax; SNVXX's is only partly exempt from state income tax. SGOV trades like a stock at any broker; SNVXX is Schwab's money market fund, usually held in a Schwab account.
SGOViShares 0-3 Month Treasury Bond ETF3.64%current yield| Compared | SGOV | SNVXX |
|---|---|---|
| YieldSGOV: current yield; SNVXX: 7-day yield | 3.64% | — |
| Expense ratio | 0.09% | In the yield |
| 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 | iShares | Schwab |
| Assets | $116.8B | $31.5B |
| Started | 2020 | — |
| Type | Treasury ETF | Government money market |
Higher yield
SGOV
3.64%
Lighter state tax
SGOV
exempt from state income tax
$10,000 earns
$364
a year in SGOV
Key facts: SGOV vs SNVXX
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SGOV yields 3.64% (current yield) and SNVXX yields — (7-day yield).
- SGOV's income is generally exempt from state income tax, while SNVXX's is only partly exempt from state income tax.
- SGOV trades like a stock at any broker; SNVXX is Schwab's money market fund, usually held in a Schwab account.
Cite this page
SmarterDividends, "SGOV vs SNVXX: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/sgov-vs-snvxx
What each holds and how it's taxed
- SGOV · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
- SNVXX · Government money market
- A government money market fund: Treasuries, agency debt and repurchase agreements. Only the part earned from Treasuries is exempt from state tax, which the fund reports each year.
General information, not tax advice. Every cash fund by yield →
SGOV vs SNVXX: questions
Is SGOV or SNVXX better?
It depends on the job. SGOV pays more today (3.64% vs —). 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, SGOV or SNVXX?
SGOV, at 3.64% against — for SNVXX as of Nov 5, 2026. On $10,000 that's about $364 vs $0 a year at today's rates.
How are SGOV and SNVXX taxed?
SGOV: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). SNVXX: A government money market fund: Treasuries, agency debt and repurchase agreements. Only the part earned from Treasuries is exempt from state tax, which the fund reports each year. 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. For information only, not investment advice. Last fund data: Nov 5, 2026.