QLD vs. VOO
Compare and contrast key facts about ProShares Ultra QQQ (QLD) and Vanguard S&P 500 ETF (VOO).
QLD and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006. 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 QLD 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: QLD or VOO.
Correlation
The correlation between QLD and VOO is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QLD vs. VOO - Performance Comparison
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Key characteristics
QLD:
0.38
VOO:
0.72
QLD:
0.85
VOO:
1.12
QLD:
1.12
VOO:
1.16
QLD:
0.44
VOO:
0.74
QLD:
1.26
VOO:
2.83
QLD:
14.63%
VOO:
4.88%
QLD:
50.58%
VOO:
19.41%
QLD:
-83.13%
VOO:
-33.99%
QLD:
-11.60%
VOO:
-2.65%
Returns By Period
In the year-to-date period, QLD achieves a -1.85% return, which is significantly lower than VOO's 1.84% return. Over the past 10 years, QLD has outperformed VOO with an annualized return of 27.32%, while VOO has yielded a comparatively lower 12.82% annualized return.
QLD
-1.85%
36.80%
1.80%
19.03%
34.01%
27.00%
27.32%
VOO
1.84%
13.00%
1.80%
13.86%
16.93%
16.68%
12.82%
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QLD vs. VOO - Expense Ratio Comparison
QLD has a 0.95% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
QLD vs. VOO — Risk-Adjusted Performance Rank
QLD
VOO
QLD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ (QLD) 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.
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Dividends
QLD vs. VOO - Dividend Comparison
QLD's dividend yield for the trailing twelve months is around 0.23%, less than VOO's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLD ProShares Ultra QQQ | 0.23% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
QLD vs. VOO - Drawdown Comparison
The maximum QLD drawdown since its inception was -83.13%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QLD and VOO. For additional features, visit the drawdowns tool.
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Volatility
QLD vs. VOO - Volatility Comparison
ProShares Ultra QQQ (QLD) has a higher volatility of 12.78% compared to Vanguard S&P 500 ETF (VOO) at 5.49%. This indicates that QLD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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