🏦 Should you invest your short term savings?
You're saving for near-term goals like a vacation or car maintenance in the next 1-3 years. How much extra yield would you actually get by using a short-term bond ETF (like SGOV) instead of a High-Yield Savings Account (HYSA)? This calculator shows the dollar difference, helping you decide if the slight risk and extra steps are worth it.
💰 Your Short-Term Goals
Enter the total amount you plan to save for your 1-3 year goals.
📈 Yield Comparison
Compare the expected rates between a standard HYSA and a short-term bond ETF (like SGOV).
🔗 See Also
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💡 Yield Difference & Verdict
Here is how much more you could earn by using an ETF instead of a HYSA over your time horizon.
Estimated HYSA earnings
Estimated ETF earnings
Extra earnings with ETF
Bottom line
Use ETF
While an ETF might offer slightly higher yield, remember that HYSAs are FDIC-insured and immediately liquid. ETFs take time to settle (T+1) and carry a tiny amount of principal risk. If the extra earnings are small, the simplicity of a HYSA often wins for 1-3 year goals. Read the discussion
Calculator updated by heyfinfam (v26.7.0) · View history
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