SSO vs VXUS

Quick Verdict

VXUS has a lower expense ratio. SSO delivered stronger 1-year returns. VXUS offers more diversification with 7860 holdings.

Lower Fees: VXUSHigher Returns: SSOMore Diversified: VXUS

Side-by-Side Comparison

MetricSSOVXUSWinner
Expense Ratio0.87%0.05%
AUM$7.7B$156.5B
Dividend Yield0.67%2.60%
Holdings5218,747
YTD Return+19.15%+11.69%
1Y Return+37.21%+26.65%
3Y Return (annualized)+33.86%+18.15%
5Y Return (annualized)+17.49%+8.66%
Volatility (annualized)31.1%15.0%
Max Drawdown-85.5%-39.9%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJun 19, 2006Jan 26, 2011

SSO vs VXUS Performance

ProShares Ultra S&P500 (SSO) is a ETF from ProShares and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year SSO returned +37.21% while VXUS returned +26.65%. Year to date, SSO is up 19.15% versus a gain of 11.69% for VXUS.

Over three years, SSO compounded at +33.86% per year against +18.15% for VXUS; over five years the annualized figures are +17.49% and +8.66% respectively. Across the full 16-year window we track, SSO has the edge at +14.72% annualized vs +4.69%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SSO has been the more volatile fund, with annualized monthly volatility of 31.1% compared with 15.0% for VXUS. 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 -85.5% for SSO and -39.9% for VXUS. 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SSO charges 0.87% per year while VXUS charges 0.05%. On a $10,000 position that is $87 vs $5 annually, a gap of $82 per year that compounds over a long holding period. On income, SSO currently yields 0.67% against 2.60% for VXUS.

Holdings Overlap

0.1%overlap

SSO and VXUS share 6 holdings out of 8358 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SSOWeight in VXUSDifference
ORCL0.26%0.00%0.26%
HBAN0.04%0.05%0.01%
IRM0.04%0.05%0.01%
SREProProPro
BGProProPro
KRProProPro
See all 6 holdings SSO shares with VXUS
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SSO or VXUS?

SSO has an expense ratio of 0.87% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $82 per year of difference.

Which performed better, SSO or VXUS?

Over the past year SSO returned +37.21% vs +26.65% for VXUS, so SSO leads on 1-year performance. Over the longest common window we track (16 years), SSO annualized +14.72% vs +4.69% for VXUS. Past performance does not guarantee future results.

Which is riskier, SSO or VXUS?

SSO has been the more volatile fund at 31.1% annualized versus 15.0% for VXUS. Worst drawdown: SSO -85.5% vs VXUS -39.9%.

Should I hold both SSO and VXUS?

SSO and VXUS have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SSO and VXUS?

SSO and VXUS share 6 common holdings with a 0.1% weight overlap. Combined, they hold 8358 unique securities.

Which pays a higher dividend, SSO or VXUS?

SSO yields 0.67% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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