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ETF Comparisons

VYM vs. SQQQ

Vanguard High Dividend Yield ETF

VYM
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.70

Compare with

Top 10 comparisons with VYM:
Compare:
VYM
Correlation
With:
SQQQ
ProShares UltraPro Short QQQ
-0.70
SwitchVTVVanguard Group, Inc. - Vanguard Value ETF0.99MGVVanguard Group, Inc. - Vanguard Mega Cap Value ETF0.99SCHVSchwab Strategic Trust - Schwab U.S. Large-Cap Value ETF0.99DTDWisdomTree Trust - WisdomTree U.S. Total Dividend Fund0.98JAVAJ.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF0.98DLNWisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund0.98IWXBlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF0.98NULVNuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF0.98SCHDSchwab Strategic Trust - Schwab US Dividend Equity ETF0.98IWDBlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF0.98

Top 10 shared holdings

The top 10 holdings shared by VYM and SQQQ:

There are no shared holdings.
Invest with VYM
Learn more about SQQQ
VYMVanguard High Dividend Yield ETF
SQQQProShares UltraPro Short QQQ

What is VYM?

Seeks to track the performance of the FTSE High Dividend Yield Index which measures the investment return of common stocks of companies characterized by high dividend yields. Provides a convenient way to track the performance of stocks with histories of above-average dividend yields. Follows a passively managed full-replication approach.

Snapshot
**

VYM Vanguard High Dividend Yield ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Nov 10 2006
Feb 09 2010
Expense ratio
0.06%
0.95%
VYM has a lower expense ratio than SQQQ by 0.88%. This can indicate that it’s cheaper to invest in VYM than SQQQ.
Type
US Equities
US Equities
VYM targets investing in US Equities, while SQQQ targets investing in US Equities.
Fund owner
Vanguard
ProShares
VYM is managed by Vanguard, while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$134,746,385
$2,217,551,125
Both VYM 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
$48,466,955,232
$4,455,851,279
VYM has more assets under management than SQQQ by $44,011,103,953. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
FTSE High Dividend Yield Index
Nasdaq 100 Index
VYM is based off of the FTSE High Dividend Yield Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
VYM 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
VYM 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
VYM may offer dividends, while SQQQ does not. The frequency and yield of the dividend for VYM may vary.
Prospectus
View
View
Neither VYM 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 VYM is going to fall, it would make sense to invest in SQQQ, as based on historical data, when VYM decreases in value, SQQQ tends to increase in value.

Automated Strategies
Related toVYM

#CV

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Category

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Risk Rating

Moderate

Automated Strategies
Related toSQQQ

#SPYMIN

SPY minimum drawdown

Category

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Risk Rating

Aggressive

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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.