MRGR vs SPCK
ProShares Merger ETF compared with SPAC and New Issue ETF on yield, payout growth, payment schedule, cost and risk.
MRGR
ProShares Merger ETF
TTM yield · Quarterly
SPCK
SPAC and New Issue ETF
TTM yield · Annual
Quick take
- SPCK yields more today: 2.22% vs 0.77% (forward).
- SPCK has grown its payout faster: 198.2%/yr vs -3.0%/yr over the last 1 year.
- MRGR pays every quarter; SPCK pays once a year.
- Over the last year MRGR delivered the higher total return: +9.0% vs -9.3% (price change plus payouts).
- MRGR is cheaper to own: 0.75% vs 2.32% expense ratio.
- SPCK has the steadier distribution: consistency 36/100 vs 0/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MRGR | SPCK |
|---|---|---|
| Share price | $45.48 | $21.85 |
| TTM yield | 3.06% | 2.22% |
| Forward yield | 0.77% | 2.22% |
| Annual payout per share | $0.348 | $0.486 |
| Payment frequency | Quarterly | Annual |
| Next ex-date | Sep 23, 2026 (est.) | Dec 22, 2026 (est.) |
| Expense ratio | 0.75% | 2.32% |
| 1-year payout growth | -3.0% | +198.2% |
| 5-year payout CAGR | +67.4% | — |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 0/100 | 36/100 |
| 1-year total return | +9.0% | -9.3% |
| 1-year price return | +5.8% | -11.3% |
| Size (market cap / AUM) | 15.9M | 8.6M |
| Years paying | 13.5 | 4.7 |
| Sector / category | Event Driven | Event Driven |
✓ 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
| MRGR | SPCK | |
|---|---|---|
| Shares | 219.9 | 457.6 |
| Income per year | $77 | $222 |
| Income per month (avg) | $6 | $19 |
At forward yields, before taxes. Model MRGR · Model SPCK
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MRGR Sep 23, 2026 | Oct 7, 2026 | $0.087 | Est. |
| MRGR Dec 23, 2026 | Jan 6, 2027 | $0.087 | Est. |
| MRGR Mar 24, 2027 | Apr 7, 2027 | $0.087 | Est. |
| SPCK Dec 22, 2026 | Dec 24, 2026 | $0.486 | Est. |
Annual payouts per share
MRGRSPCK
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, MRGR or SPCK?
MRGR currently has the higher trailing yield: MRGR yields 3.06% and SPCK yields 2.22%. Yield changes daily with price, so check the live figures above.
How often do MRGR and SPCK pay?
MRGR pays every quarter and SPCK pays once a year. MRGR's next ex-date is Sep 23, 2026 and SPCK's is Dec 22, 2026.
Which has grown its dividend faster, MRGR or SPCK?
SPCK has grown its payout faster: 198.2%/yr vs -3.0%/yr over the last 1 year.
Is MRGR or SPCK better for income?
It depends on what you are optimising for. MRGR and SPCK 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.