QLD vs SMHB
ProShares Ultra QQQ compared with ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN on yield, payout growth, payment schedule, cost and risk.
QLD
ProShares Ultra QQQ
TTM yield · Quarterly
SMHB
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN
TTM yield · Monthly
Quick take
- SMHB yields more today: 24.18% vs 0.13% (forward).
- QLD has grown its payout faster: -1.6%/yr vs -17.7%/yr over the last 1 year.
- QLD pays every quarter; SMHB pays every month.
- Over the last year QLD delivered the higher total return: +25.9% vs -8.4% (price change plus payouts).
- SMHB is cheaper to own: 0.85% vs 0.89% expense ratio.
- SMHB has the steadier distribution: consistency 63/100 vs 50/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | QLD | SMHB |
|---|---|---|
| Share price | $86.26 | $3.35 |
| TTM yield | 0.14% | 22.00% |
| Forward yield | 0.13% | 24.18% |
| Annual payout per share | $0.108 | $0.81 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Dec 23, 2026 (est.) | Nov 12, 2026 (est.) |
| Expense ratio | 0.89% | 0.85% |
| 1-year payout growth | -1.6% | -17.7% |
| 5-year payout CAGR | — | -11.7% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 50/100 | 63/100 |
| 1-year total return | +25.9% | -8.4% |
| 1-year price return | +25.7% | -24.9% |
| Size (market cap / AUM) | 15.1B | 17.0M |
| Years paying | 19.8 | 7.9 |
| Sector / category | Trading--Leveraged Equity | Trading--Leveraged 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
| QLD | SMHB | |
|---|---|---|
| Shares | 115.9 | 2,985.1 |
| Income per year | $13 | $2,418 |
| Income per month (avg) | $1 | $201 |
At forward yields, before taxes. Model QLD · Model SMHB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| QLD Dec 23, 2026 | Jan 6, 2027 | $0.027 | Est. |
| QLD Mar 24, 2027 | Apr 7, 2027 | $0.027 | Est. |
| QLD Jun 23, 2027 | Jul 7, 2027 | $0.027 | Est. |
| SMHB Nov 12, 2026 | Nov 26, 2026 | $0.0675 | Est. |
| SMHB Dec 12, 2026 | Dec 26, 2026 | $0.0675 | Est. |
| SMHB Jan 11, 2027 | Jan 25, 2027 | $0.0675 | Est. |
Annual payouts per share
QLDSMHB
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, QLD or SMHB?
SMHB currently has the higher trailing yield: QLD yields 0.14% and SMHB yields 22.00%. Yield changes daily with price, so check the live figures above.
How often do QLD and SMHB pay?
QLD pays every quarter and SMHB pays every month. QLD's next ex-date is Dec 23, 2026 and SMHB's is Nov 12, 2026.
Which has grown its dividend faster, QLD or SMHB?
QLD has grown its payout faster: -1.6%/yr vs -17.7%/yr over the last 1 year.
Is QLD or SMHB better for income?
It depends on what you are optimising for. QLD and SMHB 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.