SKYU vs VOO
ProShares Ultra Nasdaq Cloud Computing ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. SKYU delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SKYU | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $3M | $979.0B | |
| Dividend Yield | 0.83% | 1.09% | |
| Holdings | 68 | 509 | |
| YTD Return | +46.78% | +13.72% | |
| 1Y Return | +60.82% | +21.63% | |
| 3Y Return (annualized) | +43.63% | +21.55% | |
| 5Y Return (annualized) | +2.49% | +13.26% | |
| Volatility (annualized) | 52.8% | 14.1% | |
| Max Drawdown | -83.0% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 19, 2021 | Sep 7, 2010 |
SKYU vs VOO Performance
ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SKYU returned +60.82% while VOO returned +21.63%. Year to date, SKYU is up 46.78% versus a gain of 13.72% for VOO.
Over three years, SKYU compounded at +43.63% per year against +21.55% for VOO; over five years the annualized figures are +2.49% and +13.26% respectively. Across the full 6-year window we track, VOO has the edge at +13.56% annualized vs +4.52%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SKYU has been the more volatile fund, with annualized monthly volatility of 52.8% 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 -83.0% for SKYU 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SKYU 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, SKYU currently yields 0.83% against 1.09% for VOO.
Holdings Overlap
SKYU and VOO share 22 holdings out of 546 unique holdings combined, representing a 10.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SKYU or VOO?
SKYU 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, SKYU or VOO?
Over the past year SKYU returned +60.82% vs +21.63% for VOO, so SKYU leads on 1-year performance. Over the longest common window we track (6 years), SKYU annualized +4.52% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, SKYU or VOO?
SKYU has been the more volatile fund at 52.8% annualized versus 14.1% for VOO. Worst drawdown: SKYU -83.0% vs VOO -34.3%.
Should I hold both SKYU and VOO?
SKYU and VOO have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SKYU and VOO?
SKYU and VOO share 22 common holdings with a 10.9% weight overlap. Combined, they hold 546 unique securities.
Which pays a higher dividend, SKYU or VOO?
SKYU yields 0.83% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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