HDG vs QAI
ProShares Hedge Replication ETF compared with NYLI Hedge Multi-Strategy Tracker ETF on yield, payout growth, payment schedule, cost and risk.
HDG
ProShares Hedge Replication ETF
TTM yield · Quarterly
QAI
NYLI Hedge Multi-Strategy Tracker ETF
TTM yield · Annual
Quick take
- HDG yields more today: 2.13% vs 1.38% (forward).
- HDG has grown its payout faster: 19.5%/yr vs -3.9%/yr over the last 3 years.
- HDG pays every quarter; QAI pays once a year.
- Over the last year QAI delivered the higher total return: +12.2% vs +11.1% (price change plus payouts).
- QAI is cheaper to own: 0.88% vs 0.95% expense ratio.
- HDG has the steadier distribution: consistency 74/100 vs 44/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HDG | QAI |
|---|---|---|
| Share price | $55.00 | $36.55 |
| TTM yield | 2.35% | 1.38% |
| Forward yield | 2.13% | 1.38% |
| Annual payout per share | $1.172 | $0.504 |
| Payment frequency | Quarterly | Annual |
| Next ex-date | Sep 23, 2026 (est.) | Dec 30, 2026 (est.) |
| Expense ratio | 0.95% | 0.88% |
| 1-year payout growth | -14.9% | -27.9% |
| 5-year payout CAGR | — | -4.5% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 74/100 | 44/100 |
| 1-year total return | +11.1% | +12.2% |
| 1-year price return | +8.5% | +10.7% |
| Size (market cap / AUM) | 22.2M | 1.0B |
| Years paying | 13.7 | 16.7 |
| Sector / category | Multistrategy | Multistrategy |
✓ 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
| HDG | QAI | |
|---|---|---|
| Shares | 181.8 | 273.6 |
| Income per year | $213 | $138 |
| Income per month (avg) | $18 | $11 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HDG Sep 23, 2026 | Oct 7, 2026 | $0.293 | Est. |
| HDG Dec 23, 2026 | Jan 6, 2027 | $0.293 | Est. |
| HDG Mar 24, 2027 | Apr 7, 2027 | $0.293 | Est. |
| QAI Dec 30, 2026 | Jan 13, 2027 | $0.504 | Est. |
Annual payouts per share
HDGQAI
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, HDG or QAI?
HDG currently has the higher trailing yield: HDG yields 2.35% and QAI yields 1.38%. Yield changes daily with price, so check the live figures above.
How often do HDG and QAI pay?
HDG pays every quarter and QAI pays once a year. HDG's next ex-date is Sep 23, 2026 and QAI's is Dec 30, 2026.
Which has grown its dividend faster, HDG or QAI?
HDG has grown its payout faster: 19.5%/yr vs -3.9%/yr over the last 3 years.
Is HDG or QAI better for income?
It depends on what you are optimising for. HDG and QAI 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.