SETH vs VOO
ProShares Short Ether ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. SETH delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SETH | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $15M | $979.0B | |
| Dividend Yield | 9.88% | 1.09% | |
| Holdings | 2 | 509 | |
| YTD Return | +27.59% | +13.80% | |
| 1Y Return | +32.26% | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 65.7% | 14.1% | |
| Max Drawdown | -80.8% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 2, 2023 | Sep 7, 2010 |
SETH vs VOO Performance
ProShares Short Ether ETF (SETH) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SETH returned +32.26% while VOO returned +23.71%. Year to date, SETH is up 27.59% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
SETH has been the more volatile fund, with annualized monthly volatility of 65.7% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -80.8% for SETH and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SETH charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, SETH currently yields 9.88% against 1.09% for VOO.
Frequently Asked Questions
Which is cheaper, SETH or VOO?
SETH has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, SETH or VOO?
Over the past year SETH returned +32.26% vs +23.71% for VOO, so SETH leads on 1-year performance. Over the longest common window we track (3 years), SETH annualized -32.94% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, SETH or VOO?
SETH has been the more volatile fund at 65.7% annualized versus 14.1% for VOO. Worst drawdown: SETH -80.8% vs VOO -34.3%.
Should I hold both SETH and VOO?
SETH and VOO have a monthly-return correlation of -0.48, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, SETH or VOO?
SETH yields 9.88% while VOO yields 1.09%, so SETH currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.