ORCS vs PSQ
Direxion Daily ORCL Bear 1X ETF compared with ProShares Short QQQ on yield, payout growth, payment schedule, cost and risk.
ORCS
Direxion Daily ORCL Bear 1X ETF
TTM yield · Quarterly
PSQ
ProShares Short QQQ
TTM yield · Quarterly
Quick take
- PSQ yields more today: 3.55% vs 2.30% (forward).
- Both pay every quarter.
- PSQ is cheaper to own: 0.95% vs 0.97% expense ratio.
- ORCS has the steadier distribution: consistency 69/100 vs 55/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | ORCS | PSQ |
|---|---|---|
| Share price | $26.91 | $25.77 |
| TTM yield | 1.44% | 4.44% |
| Forward yield | 2.30% | 3.55% |
| Annual payout per share | $0.62 | $0.916 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 22, 2026 (est.) | Sep 23, 2026 (est.) |
| Expense ratio | 0.97% | 0.95% |
| 1-year payout growth | — | -46.1% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 69/100 | 55/100 |
| 1-year total return | — | -18.2% |
| 1-year price return | — | -21.7% |
| Size (market cap / AUM) | 7.9M | 635.6M |
| Years paying | 0.7 | 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
| ORCS | PSQ | |
|---|---|---|
| Shares | 371.6 | 388.0 |
| Income per year | $230 | $355 |
| Income per month (avg) | $19 | $30 |
At forward yields, before taxes. Model ORCS · Model PSQ
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| ORCS Sep 22, 2026 | Sep 29, 2026 | $0.155 | Est. |
| ORCS Dec 22, 2026 | Dec 29, 2026 | $0.155 | Est. |
| ORCS Mar 23, 2027 | Mar 30, 2027 | $0.155 | 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
ORCSPSQ
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, ORCS or PSQ?
PSQ currently has the higher trailing yield: ORCS yields 1.44% and PSQ yields 4.44%. Yield changes daily with price, so check the live figures above.
How often do ORCS and PSQ pay?
ORCS pays every quarter and PSQ pays every quarter. ORCS's next ex-date is Sep 22, 2026 and PSQ's is Sep 23, 2026.
Is ORCS or PSQ better for income?
It depends on what you are optimising for. ORCS 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.