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VIG vs. SQQQ

Vanguard Dividend Appreciation ETF

VIG
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.83
VIGVanguard Dividend Appreciation ETF
SQQQProShares UltraPro Short QQQ

What is VIG?

VIG Seeks to track the performance of the S&P U.S. Dividend Growers Index. Index is composed of Large-cap equity, emphasizing stocks with a record of growing their dividends year over year. Effective September 20, 2021, the fund changed its benchmark from the NASDAQ US Dividend Achievers Select Index to the S&P U.S. Dividend Growers Index.

Snapshot
**

VIG Vanguard Dividend Appreciation ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Apr 21 2006
Feb 09 2010
Expense ratio
0.06%
0.95%
VIG has a lower expense ratio than SQQQ by 0.88%. This can indicate that it’s cheaper to invest in VIG than SQQQ.
Type
US Equities
US Equities
VIG targets investing in US Equities, while SQQQ targets investing in US Equities.
Fund owner
Vanguard
ProShares
VIG is managed by Vanguard, while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$157,665,108
$2,217,551,125
Both VIG 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
$67,239,425,848
$4,455,851,279
VIG has more assets under management than SQQQ by $62,783,574,569. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P U.S. Dividend Growers Index
Nasdaq 100 Index
VIG is based off of the S&P U.S. Dividend Growers Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
VIG 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
VIG 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
Yes
No
VIG may offer dividends, while SQQQ does not. The frequency and yield of the dividend for VIG may vary.
Prospectus
Neither VIG 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 VIG is going to fall, it would make sense to invest in SQQQ, as based on historical data, when VIG decreases in value, SQQQ tends to increase in value.

Automated Strategies
Related toVIG

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Automated Strategies
Related toSQQQ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

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.