When comparing the FDRXX yield to SGOV’s returns, the difference is clear—SGOV consistently outperforms. Fidelity’s FDRXX money market fund offers convenience but carries higher expenses and lower yields. SGOV, backed by U.S. Treasuries, delivers higher interest rates, daily liquidity, and minimal risk. For short-term investors aiming to protect capital while maximizing income, replacing FDRXX with SGOV is the smarter, more efficient strategy for achieving steady, inflation-resistant gains.
