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ETF Comparisons

IVV vs. SQQQ

iShares Core S&P 500 ETF

IVV
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.94

Compare with

Top 10 comparisons with IVV:
Compare:
IVV
Correlation
With:
SQQQ
ProShares UltraPro Short QQQ
-0.94
SwitchSPYSSgA Active Trust - SPDR S&P 500 ETF Trust1.00VOOVanguard Group, Inc. - Vanguard S&P 500 ETF1.00SPXLDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares1.00SSOProShares Trust - ProShares Ultra S&P500 2x Shares1.00UPROProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares1.00SPLGSPDR Series Trust - SPDR Portfolio S&P 500 ETF1.00VVVanguard Group, Inc. - Vanguard Large Cap ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00SPUUDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00

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
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
No
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
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
No
No
IVV and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
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.

Automated Strategies
Related toIVV

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Automated Strategies
Related toSQQQ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

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.