EQRR vs. VFVA

Last updated Jun 26, 2026

EQRR (ProShares Equities for Rising Rates ETF) and VFVA (Vanguard U.S. Value Factor ETF) are both Mid Cap Value Equities funds. EQRR is passively managed, while VFVA is actively managed. Over the past 5 years, EQRR returned 12.38%/yr vs 10.33%/yr for VFVA. A 0.76 correlation means they provide meaningful diversification when combined. EQRR charges 0.35%/yr vs 0.13%/yr for VFVA.

Performance

EQRR vs. VFVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Equities for Rising Rates ETF (EQRR) and Vanguard U.S. Value Factor ETF (VFVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQRR achieves a 25.08% return, which is significantly higher than VFVA's 11.52% return.

EQRR

• 1D: 1.05%
• 1M: 0.83%
• YTD: 25.08%
• 6M: 24.04%
• 1Y: 38.38%
• 3Y*: 21.06%
• 5Y*: 12.38%
• 10Y*: —

VFVA

• 1D: -0.02%
• 1M: 1.79%
• YTD: 11.52%
• 6M: 10.10%
• 1Y: 28.62%
• 3Y*: 17.63%
• 5Y*: 10.33%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EQRR vs. VFVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EQRR ProShares Equities for Rising Rates ETF	25.08%	15.49%	7.69%	9.19%	2.20%	36.11%	-10.14%	19.57%	-19.27%
VFVA Vanguard U.S. Value Factor ETF	11.52%	14.77%	7.67%	17.37%	-3.96%	36.94%	2.28%	25.42%	-18.90%

Correlation

The correlation between EQRR and VFVA is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.76

The correlation between EQRR and VFVA shifts across timeframes, from 0.67 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

EQRR vs. VFVA - Sectors Allocation Comparison

Sectors	EQRR	VFVA
Technology	36.3%	14.5%
Energy	24.1%	7.3%
Financial Services	19.2%	25.7%
Communication Services	11.0%	6.2%
Industrials	4.9%	7.6%
Consumer Cyclical	4.7%	13.1%
Basic Materials	-	3.3%
Consumer Defensive	-	7.1%
Healthcare	-	14.9%
Real Estate	-	0.4%
Utilities	-	-

Return for Risk

EQRR vs. VFVA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQRR

EQRR Risk / Return Rank: 91
EQRR Sharpe Ratio Rank: 90
EQRR Sortino Ratio Rank: 86
EQRR Omega Ratio Rank: 88
EQRR Calmar Ratio Rank: 96
EQRR Martin Ratio Rank: 95

VFVA

VFVA Risk / Return Rank: 69
VFVA Sharpe Ratio Rank: 67
VFVA Sortino Ratio Rank: 70
VFVA Omega Ratio Rank: 64
VFVA Calmar Ratio Rank: 76
VFVA Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EQRR vs. VFVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Equities for Rising Rates ETF (EQRR) and Vanguard U.S. Value Factor ETF (VFVA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EQRR	VFVA	Difference
Sharpe ratio: Return per unit of total volatility	2.64	1.88	+0.75
Sortino ratio: Return per unit of downside risk	3.38	2.75	+0.63
Omega ratio: Gain probability vs. loss probability	1.47	1.34	+0.14
Calmar ratio: Return relative to maximum drawdown	7.79	3.36	+4.43
Martin ratio: Return relative to average drawdown	26.59	10.62	+15.97

EQRR vs. VFVA - Sharpe Ratio Comparison

The current EQRR Sharpe Ratio is 2.64, which is higher than the VFVA Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of EQRR and VFVA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EQRR vs. VFVA - Drawdown Comparison

The maximum EQRR drawdown since its inception was -57.93%, which is greater than VFVA's maximum drawdown of -48.58%. Use the drawdown chart below to compare losses from any high point for EQRR and VFVA.

Drawdown Indicators

	EQRR	VFVA	Difference
Max Drawdown Largest peak-to-trough decline	-57.93%	-48.58%	-9.35%
Max Drawdown (1Y) Largest decline over 1 year	-4.95%	-8.55%	+3.60%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-24.07%	+6.32%
Max Drawdown (5Y) Largest decline over 5 years	-21.75%	-24.07%	+2.32%
Current Drawdown Current decline from peak	-2.40%	-1.22%	-1.18%
Average Drawdown Average peak-to-trough decline	-10.02%	-7.32%	-2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	2.70%	-1.25%

Volatility

EQRR vs. VFVA - Volatility Comparison

ProShares Equities for Rising Rates ETF (EQRR) has a higher volatility of 7.33% compared to Vanguard U.S. Value Factor ETF (VFVA) at 3.77%. This indicates that EQRR's price experiences larger fluctuations and is considered to be riskier than VFVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQRR	VFVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.33%	3.77%	+3.56%
Volatility (6M) Calculated over the trailing 6-month period	11.73%	9.95%	+1.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.64%	15.29%	-0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.42%	20.13%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.87%	24.29%	+0.58%

EQRR vs. VFVA - Expense Ratio Comparison

EQRR has a 0.35% expense ratio, which is higher than VFVA's 0.13% expense ratio.

Dividends

EQRR vs. VFVA - Dividend Comparison

EQRR's dividend yield for the trailing twelve months is around 1.10%, less than VFVA's 1.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQRR ProShares Equities for Rising Rates ETF	1.10%	1.70%	2.17%	2.77%	2.34%	1.71%	2.17%	2.05%	2.47%	0.69%
VFVA Vanguard U.S. Value Factor ETF	1.90%	2.13%	2.40%	2.45%	2.21%	1.68%	2.04%	2.08%	1.65%	0.00%

Frequently Asked Questions

Can I hold both EQRR and VFVA in my portfolio?

EQRR and VFVA have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQRR or VFVA?

EQRR has higher volatility (7.33%) compared to VFVA (3.77%). In terms of maximum drawdown, EQRR dropped -57.93% vs VFVA's -48.58%.

Which ETF is better, EQRR or VFVA?

On 5-year performance, EQRR leads with 12.38% vs 10.33% for VFVA. On fees, VFVA is cheaper at 0.13% per year. On volatility, VFVA has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EQRR or VFVA?

Over the 5-year period, EQRR has performed better with a 12.38% return vs 10.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EQRR or VFVA?

VFVA is cheaper with a 0.13% expense ratio, compared with 0.35% for EQRR.

Which ETF pays a higher dividend yield, EQRR or VFVA?

VFVA has the higher dividend yield at 1.90%, compared with 1.10% for EQRR.

What is the main difference between EQRR and VFVA?

They also come from different issuers: ProShares and Vanguard. Their fees differ too: 0.35% for EQRR and 0.13% for VFVA.

Which has better risk-adjusted returns?

EQRR currently has the higher Sharpe Ratio (2.64 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.