I am looking at a savings account with 0.15% APY. I am comparing it to a money market fund with a 0.64% expense ratio, 1.65% 7-day yield, 0.65% YTD total returns, and 1.04% 1-year returns.
I'd like to convert this to an apples-to-apples analysis. What steps would I take?
I know there are savings accounts with better interest out there (from Ally, for example), but I don't plan to take advantage of them.