IVV vs. SQQQ

iShares Core S&P 500 ETF

IVV

$--

ProShares UltraPro Short QQQ

SQQQ

$--

Correlation

-0.94

Learn more about IVV

Learn more about SQQQ

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Top 10 comparisons with IVV:

Top 10 shared holdings

The top 10 holdings shared by IVV and SQQQ:

There are no shared holdings.

Invest with IVV

Learn more about SQQQ

IVViShares Core S&P 500 ETF

SQQQProShares UltraPro Short QQQ

What is IVV?

The iShares S&P 500 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. large-cap stocks as represented by the Standard & Poors 500 Index.

Snapshot
**

IVV iShares Core S&P 500 ETF

SQQQ ProShares UltraPro Short QQQ

Inception date

May 15 2000

Feb 09 2010

Expense ratio

0.03%

0.95%

IVV has a lower expense ratio than SQQQ by 0.91%. This can indicate that it’s cheaper to invest in IVV than SQQQ.

Type

US Equities

IVV targets investing in US Equities, while SQQQ targets investing in US Equities.

Fund owner

Blackrock (iShares)

ProShares

IVV is managed by Blackrock (iShares), while SQQQ is managed by ProShares.

Volume (1m avg. daily)

$1,773,176,007

$2,217,551,125

Both IVV and SQQQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.

AUM

$342,279,931,285

$4,455,851,279

IVV has more assets under management than SQQQ by $337,824,080,006. Higher AUM can be associated with better liquidity and lower slippage in trading.

Associated index

S&P 500 Index

Nasdaq 100 Index

IVV is based off of the S&P 500 Index, while SQQQ is based off of the Nasdaq 100 Index

Inverse/Leveraged

Inverse (-3x)

IVV uses undefined, while SQQQ uses Inverse (-3x). Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.

Passive/Active

Passive

IVV and SQQQ both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Dividend

IVV and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.

Prospectus

View

Neither IVV nor SQQQ require a K1.

When ETFs are inversely correlated, they can be used in actively traded strategies (multiple trades per week) to take positions in opposing directions. For example, if you believe IVV is going to fall, it would make sense to invest in SQQQ, as based on historical data, when IVV decreases in value, SQQQ tends to increase in value.

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Disclaimers

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.