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SQQQ vs. VIG

ProShares UltraPro Short QQQ

SQQQ
$--
vs

Vanguard Dividend Appreciation ETF

VIG
$--

Correlation

-0.83
SQQQProShares UltraPro Short QQQ
VIGVanguard Dividend Appreciation ETF

What is SQQQ?

ProShares UltraPro Short QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index .

Snapshot
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SQQQ ProShares UltraPro Short QQQ
VIG Vanguard Dividend Appreciation ETF
Inception date
Feb 09 2010
Apr 21 2006
Expense ratio
0.95%
0.06%
SQQQ has a higher expense ratio than VIG by 0.88%. This can indicate that it’s more expensive to invest in SQQQ than VIG.
Type
US Equities
US Equities
SQQQ targets investing in US Equities, while VIG targets investing in US Equities.
Fund owner
ProShares
Vanguard
SQQQ is managed by ProShares, while VIG is managed by Vanguard.
Volume (1m avg. daily)
$2,217,551,125
$157,665,108
Both SQQQ and VIG 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
$4,455,851,279
$67,239,425,848
SQQQ has more assets under management than VIG by $62,783,574,569. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
S&P U.S. Dividend Growers Index
SQQQ is based off of the Nasdaq 100 Index, while VIG is based off of the S&P U.S. Dividend Growers Index
Inverse/Leveraged
Inverse (-3x)
No
SQQQ uses Inverse (-3x), while VIG uses undefined. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SQQQ and VIG 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
Yes
VIG may offer dividends, while SQQQ does not. The frequency and yield of the dividend for VIG may vary.
Prospectus
Neither SQQQ nor VIG 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 SQQQ is going to fall, it would make sense to invest in VIG, as based on historical data, when SQQQ decreases in value, VIG tends to increase in value.

Automated Strategies
Related toSQQQ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Automated Strategies
Related toVIG

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic
trading strategy

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.