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REDDIT

Currently deciding what to do with my cash: HYSA vs SGOV?

F
May 16, 2025 · 04:16

Right now my HYSA has an annual percentage yield of 3.60%, but after a google search it says SGOV annual yield is currently 4.79%? What the hell?

Why even have an HYSA at all if this is yielding more? Should I put everything in there?

Also, how does it work? You just buy SGOV with your brokerage like a regular stock and you start yielding dividends? thanks!