AAPD vs PSQ
Direxion Daily AAPL Bear 1X Shares compared with ProShares Short QQQ on yield, payout growth, payment schedule, cost and risk.
AAPD
Direxion Daily AAPL Bear 1X Shares
TTM yield · Quarterly
PSQ
ProShares Short QQQ
TTM yield · Quarterly
Quick take
- PSQ yields more today: 3.55% vs 2.90% (forward).
- AAPD has grown its payout faster: -27.6%/yr vs -46.1%/yr over the last 1 year.
- Both pay every quarter.
- Over the last year PSQ delivered the higher total return: -18.2% vs -27.2% (price change plus payouts).
- PSQ is cheaper to own: 0.95% vs 0.96% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | AAPD | PSQ |
|---|---|---|
| Share price | $10.90 | $25.77 |
| TTM yield | 3.63% | 4.44% |
| Forward yield | 2.90% | 3.55% |
| Annual payout per share | $0.316 | $0.916 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 22, 2026 (est.) | Sep 23, 2026 (est.) |
| Expense ratio | 0.96% | 0.95% |
| 1-year payout growth | -27.6% | -46.1% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 65/100 | 55/100 |
| 1-year total return | -27.2% | -18.2% |
| 1-year price return | -29.8% | -21.7% |
| Size (market cap / AUM) | 33.5M | 635.6M |
| Years paying | 4.0 | 19.7 |
| Sector / category | Trading--Inverse Equity | Trading--Inverse Equity |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| AAPD | PSQ | |
|---|---|---|
| Shares | 917.4 | 388.0 |
| Income per year | $290 | $355 |
| Income per month (avg) | $24 | $30 |
At forward yields, before taxes. Model AAPD · Model PSQ
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| AAPD Sep 22, 2026 | Sep 29, 2026 | $0.079 | Est. |
| AAPD Dec 22, 2026 | Dec 29, 2026 | $0.079 | Est. |
| AAPD Mar 23, 2027 | Mar 30, 2027 | $0.079 | Est. |
| PSQ Sep 23, 2026 | Oct 7, 2026 | $0.229 | Est. |
| PSQ Dec 23, 2026 | Jan 6, 2027 | $0.229 | Est. |
| PSQ Mar 24, 2027 | Apr 7, 2027 | $0.229 | Est. |
Annual payouts per share
AAPDPSQ
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, AAPD or PSQ?
PSQ currently has the higher trailing yield: AAPD yields 3.63% and PSQ yields 4.44%. Yield changes daily with price, so check the live figures above.
How often do AAPD and PSQ pay?
AAPD pays every quarter and PSQ pays every quarter. AAPD's next ex-date is Sep 22, 2026 and PSQ's is Sep 23, 2026.
Which has grown its dividend faster, AAPD or PSQ?
AAPD has grown its payout faster: -27.6%/yr vs -46.1%/yr over the last 1 year.
Is AAPD or PSQ better for income?
It depends on what you are optimising for. AAPD and PSQ differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.