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ETF Comparisons

SPYG vs. SQQQ

SPDR Portfolio S&P 500 Growth ETF

SPYG
$—
Today’s Change
— (—)
vs

ProShares UltraPro Short QQQ

SQQQ
$—
Today’s Change
— (—)

Correlation

-0.96

Compare with

Top 10 comparisons with SPYG:
Compare:
SPYG
Correlation
With:
SQQQ
ProShares UltraPro Short QQQ
-0.96
SwitchIVWBlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth ETF1.00VOOGVanguard Group, Inc. - Vanguard S&P 500 Growth ETF1.00IUSGBlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Growth ETF1.00ILCGBlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF0.98IWLBlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF0.98XLGInvesco Capital Management LLC - Invesco S&P 500 Top 50 ETF0.98IQSUIndexIQ ETF Trust - IQ Candriam U.S. Large Cap Equity ETF0.98OEFBlackRock Institutional Trust Company N.A. - iShares S&P 100 ETF0.98MGCVanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF0.98IWFBlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF0.98

Top 10 shared holdings

The top 10 holdings shared by SPYG and SQQQ:

There are no shared holdings.
Trade SPYG options
Learn more about SPYG
Trade SQQQ options
Learn more about SQQQ
1M
3M
6M
YTD
1Y
3Y
Max
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Performance Measures**

for the time period Sep 29, 2000 to Dec 4, 2025

Returns

1M Trailing Return:

3M Trailing Return:

SPYG

0.8%

7.0%

SQQQ

-2.5%

-21.9%

Diff.

+3.3%

+28.9%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SPYG

-69.2%

21.7%

SQQQ

-100.0%

61.3%

Diff.

+30.8%

-39.6%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SPYG

0.42

0.10

SQQQ

-0.92

-0.53

Diff.

+1.34

+0.63

SPYGSPDR Portfolio S&P 500 Growth ETF
SQQQProShares UltraPro Short QQQ

What is SPYG?

The SPDR Portfolio S&P 500 Growth ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Growth Index (the "Index"). The S&P 500 Growth Index measures the performance of the large-capitalization growth sector in the U.S. equity market. The selection universe for the S&P 500 Index includes all U.S. common equities listed on the NYSE, NASDAQ Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $5.3 billion or more. The Index is market capitalization weighted.

Snapshot
**

SPYG SPDR Portfolio S&P 500 Growth ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Sep 25, 2000
Feb 9, 2010
Expense ratio
0.04%
0.95%
SPYG has a lower expense ratio than SQQQ by 0.90%. This can indicate that it’s cheaper to invest in SPYG than SQQQ.
Type
US Equities
US Equities
SPYG targets investing in US Equities, while SQQQ targets investing in US Equities.
Fund owner
State Street (SPDR)
ProShares
SPYG is managed by State Street (SPDR), while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$94,041,426
$2,217,551,125
Both SPYG 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
$18,568,081,481
$4,455,851,279
SPYG has more assets under management than SQQQ by $14,112,230,202. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Growth Index
Nasdaq 100 Index
SPYG is based off of the S&P 500 Growth Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
SPYG does not use an inverse or leveraged strategy, 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
SPYG 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
SPYG and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither SPYG 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 SPYG is going to fall, it would make sense to invest in SQQQ, as based on historical data, when SPYG decreases in value, SQQQ tends to increase in value.

Trading Strategies
Related toSPYG

slowloss5

Category

Leveraged ETFs, tactical market timing, momentum and mean‑reversion, U.S. equities, tech/growth tilt, daily rebalanced, risk‑on/risk‑off

OOS Cumulative Return

214.03%

Trading Strategies
Related toSQQQ

The Holy Grail

Category

Leveraged ETFs, Tactical market timing, Trend + mean-reversion, Tech/semis focus, Volatility hedging

OOS Cumulative Return

1614.23%

Create your own algorithmic
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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.