EQRR vs. VOO
Compare and contrast key facts about ProShares Equities for Rising Rates ETF (EQRR) and Vanguard S&P 500 ETF (VOO).
EQRR and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQRR is a passively managed fund by ProShares that tracks the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index. It was launched on Jul 24, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both EQRR and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQRR or VOO.
Key characteristics
| EQRR | VOO | |
|---|---|---|
| YTD Return | 9.41% | 21.11% |
| 1Y Return | 19.72% | 32.98% |
| 3Y Return (Ann) | 6.10% | 8.44% |
| 5Y Return (Ann) | 9.77% | 15.04% |
| Sharpe Ratio | 1.76 | 2.84 |
| Sortino Ratio | 2.52 | 3.76 |
| Omega Ratio | 1.31 | 1.53 |
| Calmar Ratio | 1.88 | 4.05 |
| Martin Ratio | 5.55 | 18.51 |
| Ulcer Index | 4.39% | 1.85% |
| Daily Std Dev | 13.63% | 12.06% |
| Max Drawdown | -57.92% | -33.99% |
| Current Drawdown | -5.49% | -2.52% |
Correlation
The correlation between EQRR and VOO is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQRR vs. VOO - Performance Comparison
In the year-to-date period, EQRR achieves a 9.41% return, which is significantly lower than VOO's 21.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EQRR vs. VOO - Expense Ratio Comparison
EQRR has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
EQRR vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Equities for Rising Rates ETF (EQRR) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
EQRR vs. VOO - Dividend Comparison
EQRR's dividend yield for the trailing twelve months is around 2.48%, more than VOO's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQRR ProShares Equities for Rising Rates ETF | 2.48% | 2.77% | 2.34% | 1.71% | 2.17% | 2.05% | 2.47% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
EQRR vs. VOO - Drawdown Comparison
The maximum EQRR drawdown since its inception was -57.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EQRR and VOO. For additional features, visit the drawdowns tool.
Volatility
EQRR vs. VOO - Volatility Comparison
ProShares Equities for Rising Rates ETF (EQRR) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.07% and 3.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.