QLD vs SPXL
ProShares Ultra QQQ compared with Direxion Daily S&P500 Bull 3X Shares on yield, payout growth, payment schedule, cost and risk.
QLD
ProShares Ultra QQQ
TTM yield · Quarterly
SPXL
Direxion Daily S&P500 Bull 3X Shares
TTM yield · Quarterly
Quick take
- SPXL yields more today: 0.43% vs 0.13% (forward).
- QLD has grown its payout faster: -1.6%/yr vs -13.0%/yr over the last 1 year.
- Both pay every quarter.
- Over the last year SPXL delivered the higher total return: +38.0% vs +25.9% (price change plus payouts).
- SPXL is cheaper to own: 0.84% vs 0.89% expense ratio.
- SPXL has the steadier distribution: consistency 67/100 vs 50/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | QLD | SPXL |
|---|---|---|
| Share price | $86.26 | $290.87 |
| TTM yield | 0.14% | 0.50% |
| Forward yield | 0.13% | 0.43% |
| Annual payout per share | $0.108 | $1.24 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 23, 2026 (est.) | Dec 22, 2026 (est.) |
| Expense ratio | 0.89% | 0.84% |
| 1-year payout growth | -1.6% | -13.0% |
| 5-year payout CAGR | — | +56.3% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 50/100 | 67/100 |
| 1-year total return | +25.9% | +38.0% |
| 1-year price return | +25.7% | +37.3% |
| Size (market cap / AUM) | 15.1B | 6.9B |
| Years paying | 19.8 | 17.8 |
| 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 | SPXL | |
|---|---|---|
| Shares | 115.9 | 34.4 |
| Income per year | $13 | $43 |
| Income per month (avg) | $1 | $4 |
At forward yields, before taxes. Model QLD · Model SPXL
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. |
| SPXL Dec 22, 2026 | Jan 5, 2027 | $0.31 | Est. |
| SPXL Mar 23, 2027 | Apr 6, 2027 | $0.31 | Est. |
| SPXL Jun 22, 2027 | Jul 6, 2027 | $0.31 | Est. |
Annual payouts per share
QLDSPXL
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 SPXL?
SPXL currently has the higher trailing yield: QLD yields 0.14% and SPXL yields 0.50%. Yield changes daily with price, so check the live figures above.
How often do QLD and SPXL pay?
QLD pays every quarter and SPXL pays every quarter. QLD's next ex-date is Dec 23, 2026 and SPXL's is Dec 22, 2026.
Which has grown its dividend faster, QLD or SPXL?
QLD has grown its payout faster: -1.6%/yr vs -13.0%/yr over the last 1 year.
Is QLD or SPXL better for income?
It depends on what you are optimising for. QLD and SPXL 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.