You can use FLOOR:
select x, ABS(x) - FLOOR(ABS(x))
from (
select 2.938 as x
) a
Output:
x
-------- ----------
2.938 0.938
Or you can use SUBSTRING:
select x, SUBSTRING(cast(x as varchar(max)), charindex(cast(x as varchar(max)), '.') + 3, len(cast(x as varchar(max))))
from (
select 2.938 as x
) a