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VOO vs. SQQQ

Vanguard S&P 500 ETF

VOO
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.94
VOOVanguard S&P 500 ETF
SQQQProShares UltraPro Short QQQ

What is VOO?

Invests in stocks in the S&P 500 Index representing 500 of the largest U.S. companies. Goal is to closely track the index return which is considered a gauge of overall U.S. stock returns. Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your moneys growth is essential.

Snapshot
**

VOO Vanguard S&P 500 ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Sep 07 2010
Feb 09 2010
Expense ratio
0.03%
0.95%
VOO has a lower expense ratio than SQQQ by 0.91%. This can indicate that it’s cheaper to invest in VOO than SQQQ.
Type
US Equities
US Equities
VOO targets investing in US Equities, while SQQQ targets investing in US Equities.
Fund owner
Vanguard
ProShares
VOO is managed by Vanguard, while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$1,621,694,598
$2,217,551,125
Both VOO 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
$325,714,712,538
$4,455,851,279
VOO has more assets under management than SQQQ by $321,258,861,259. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
Nasdaq 100 Index
VOO is based off of the S&P 500 Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
VOO 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
VOO 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
VOO and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither VOO 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 VOO is going to fall, it would make sense to invest in SQQQ, as based on historical data, when VOO decreases in value, SQQQ tends to increase in value.

Automated Strategies
Related toVOO

#SPYMIN

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Category

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Risk Rating

Aggressive

Automated Strategies
Related toSQQQ

#SPYMIN

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Category

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Risk Rating

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Create your own algorithmic
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Disclaimers

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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.