SLON vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricSLONVOOWinner
Expense Ratio2.14%0.03%
AUM$18M$979.0B
Dividend Yield4.51%1.09%
Holdings3509
YTD Return-76.42%+13.44%
1Y Return-91.09%+22.62%
3Y Return (annualized)-+21.47%
5Y Return (annualized)-+13.27%
Volatility (annualized)78.7%14.1%
Max Drawdown-96.3%-34.3%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJul 14, 2025Sep 7, 2010

SLON vs VOO Performance

ProShares Ultra Solana ETF (SLON) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SLON returned -91.09% while VOO returned +22.62%. Year to date, SLON is down 76.42% versus a gain of 13.44% for VOO.

Risk: Volatility and Drawdowns

SLON has been the more volatile fund, with annualized monthly volatility of 78.7% 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 -96.3% for SLON 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 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SLON charges 2.14% per year while VOO charges 0.03%. On a $10,000 position that is $214 vs $3 annually, a gap of $211 per year that compounds over a long holding period. On income, SLON currently yields 4.51% against 1.09% for VOO.

Frequently Asked Questions

Which is cheaper, SLON or VOO?

SLON has an expense ratio of 2.14% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $211 per year of difference.

Which performed better, SLON or VOO?

Over the past year SLON returned -91.09% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), SLON annualized -88.50% vs +13.55% for VOO. Past performance does not guarantee future results.

Which is riskier, SLON or VOO?

SLON has been the more volatile fund at 78.7% annualized versus 14.1% for VOO. Worst drawdown: SLON -96.3% vs VOO -34.3%.

Should I hold both SLON and VOO?

SLON and VOO have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SLON or VOO?

SLON yields 4.51% while VOO yields 1.09%, so SLON currently pays the higher dividend yield.

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