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IEMG vs. SQQQ

iShares Core MSCI Emerging Markets ETF

IEMG
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.61
IEMGiShares Core MSCI Emerging Markets ETF
SQQQProShares UltraPro Short QQQ

What is IEMG?

The iShares Core MSCI Emerging Markets ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Investable Market Index.

Snapshot
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IEMG iShares Core MSCI Emerging Markets ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Oct 18 2012
Feb 09 2010
Expense ratio
0.09%
0.95%
IEMG has a lower expense ratio than SQQQ by 0.86%. This can indicate that it’s cheaper to invest in IEMG than SQQQ.
Type
Global Ex. US Equities
US Equities
IEMG targets investing in Global Ex. US Equities, while SQQQ targets investing in US Equities.
Fund owner
Blackrock (iShares)
ProShares
IEMG is managed by Blackrock (iShares), while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$497,040,322
$2,217,551,125
Both IEMG 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
$70,028,258,238
$4,455,851,279
IEMG has more assets under management than SQQQ by $65,572,406,959. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
MSCI Emerging Markets Investable Market Index
Nasdaq 100 Index
IEMG is based off of the MSCI Emerging Markets Investable Market Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
IEMG 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
IEMG 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
IEMG and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither IEMG 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 IEMG is going to fall, it would make sense to invest in SQQQ, as based on historical data, when IEMG decreases in value, SQQQ tends to increase in value.

Automated Strategies
Related toIEMG

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Automated Strategies
Related toSQQQ

#SPYMIN

SPY minimum drawdown

Category

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Risk Rating

Aggressive

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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.