SPAXX vs. FDIC vs. FZSXX Comparison The following table compares the most important features of SPAXX, FZSXX, and FDIC. Fidelity Government Money Market Fund (SPAXX) FDIC-Insured Deposit Sweep Program (FDIC) Expense Ratio 0.42% Bank deposits: 0.01-0.03%FZSXX: 0.46% FDIC Insurance None...
Perhaps Fidelity noticed this activity as well, or perhaps they noticed certain 5% APY cash offerings from competitors, because in less than two months (June 15, 2024), the CMA is adding the Fidelity Government Money Market Fund (SPAXX) an a core position option. If you have a Fidelity Ca...