Schwab lists SNAXX’s current 7-day yield at 3.63% on its money market funds page. Morningstar’s quote page shows a TTM yield of 4.20% as of Jan. 29, 2026, which is a different yield measure than the 7-day yield.

What that means

  • 7-day yield: the most common “current yield” figure for money market funds.
  • TTM yield: trailing 12-month yield, so it can differ from the current 7-day number.

Practical read

If you just want the number most people mean by “current yield,” use 3.63% for SNAXX. If you want, I can also explain the difference between SNAXX and Schwab’s other money market fund share classes.