Personal Investments • FRSXX vs VUSXX

FRSXX can be bought at Wells Trade without the $10M requirement. Several posters have done so and then ACATS transferred it into their Fidelity Account.
I hold at Wells Trade, a money fund that that has a published $1M minimum, that I bought with $25K.

That's exactly what I did, purchased at Wells Trade and subsequently transferred to Fidelity.

My original question was even with different ER why the yield is same for the two MMF? Not that I am complaining, I am just trying to understand.

Different holdings, hence different returns. In general, lower ER mean you get more in your pocket, however the specifics matter too. This is about as good of a example as you can get.

Now if this was a SP500 index Fund/ETF, where there is no (or very little) difference in the holdings, then the ER diff will show in the return.

Statistics: Posted by RetiredAL — Wed Feb 05, 2025 11:15 pm — Replies 4 — Views 227

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