Wealthy PotSNSXX Review (2026)
A no-minimum Treasury fund with largely state-tax-exempt income
By Wealthy Pot · Last updated September 2026
Who SNSXX is for
High-tax-state Schwab investors who want state-tax-exempt Treasury income
Yield, fees & minimum
Schwab U.S. Treasury Money Fund (SNSXX) is a treasury money-market fund from Schwab, with a 0.34% expense ratio and a $0 minimum. Its 7-day SEC yield (3.44% (7-day SEC yield)) changes daily with short-term rates — confirm the current figure on the official page. State tax: largely state-tax-exempt — a u.s. treasury fund (~100% treasury holdings). It is not an automatic sweep — you buy and sell it yourself.
The bottom line
A no-minimum Treasury fund with largely state-tax-exempt income Main drawback: higher fee than vanguard’s vusxx; not a sweep.
See how SNSXX stacks up in our money-market fund comparison, or compare FDIC-insured options in our high-yield savings guide.
We summarize the fund's published facts, not user reviews. 7-day yields are variable, change daily, and are re-checked against Schwab's official page. Money-market funds are not FDIC-insured and, while low-risk, can lose value in extreme conditions. Some outbound links may be affiliate links — that never affects which funds we include or how we rate them. Nothing here is financial advice.