VGT vs. SQQQ

Vanguard Information Technology ETF

VGT

$--

ProShares UltraPro Short QQQ

SQQQ

$--

Correlation

-0.98

Learn more about VGT

Learn more about SQQQ

Compare with

Top 10 comparisons with VGT:

Top 10 shared holdings

The top 10 holdings shared by VGT and SQQQ:

There are no shared holdings.

Invest with VGT

Learn more about SQQQ

VGTVanguard Information Technology ETF

SQQQProShares UltraPro Short QQQ

What is VGT?

Seeks to track the performance of a benchmark index that measures the investment return of stocks in the information technology sector. Passively managed using a full-replication strategy when possible and a sampling strategy if regulatory constraints dictate. Includes stocks of companies that serve the electronics and computer industries or that manufacture products based on the latest applied science.

Snapshot
**

VGT Vanguard Information Technology ETF

SQQQ ProShares UltraPro Short QQQ

Inception date

Jan 26 2004

Feb 09 2010

Expense ratio

0.10%

0.95%

VGT has a lower expense ratio than SQQQ by 0.85%. This can indicate that it’s cheaper to invest in VGT than SQQQ.

Type

US Equities

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

Fund owner

Vanguard

ProShares

VGT is managed by Vanguard, while SQQQ is managed by ProShares.

Volume (1m avg. daily)

$206,920,148

$2,217,551,125

Both VGT 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

$50,021,727,974

$4,455,851,279

VGT has more assets under management than SQQQ by $45,565,876,695. Higher AUM can be associated with better liquidity and lower slippage in trading.

Associated index

MSCI US Investable Market Information Technology 25/50 Transition Index

Nasdaq 100 Index

VGT is based off of the MSCI US Investable Market Information Technology 25/50 Transition Index, while SQQQ is based off of the Nasdaq 100 Index

Inverse/Leveraged

Inverse (-3x)

VGT 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

VGT 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

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

Prospectus

View

Neither VGT 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 VGT is going to fall, it would make sense to invest in SQQQ, as based on historical data, when VGT 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.