SMHB vs SOXL
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN compared with Direxion Daily Semiconductor Bull 3X Shares on yield, payout growth, payment schedule, cost and risk.
SMHB
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN
TTM yield · Monthly
SOXL
Direxion Daily Semiconductor Bull 3X Shares
TTM yield · Quarterly
Quick take
- SMHB yields more today: 24.18% vs 0.36% (forward).
- SOXL has grown its payout faster: 36.8%/yr vs -11.7%/yr over the last 5 years.
- SMHB pays every month; SOXL pays every quarter.
- Over the last year SOXL delivered the higher total return: +196.6% vs -8.4% (price change plus payouts).
- SOXL is cheaper to own: 0.75% vs 0.85% expense ratio.
- SMHB has the steadier distribution: consistency 63/100 vs 41/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SMHB | SOXL |
|---|---|---|
| Share price | $3.35 | $103.24 |
| TTM yield | 22.00% | 0.09% |
| Forward yield | 24.18% | 0.36% |
| Annual payout per share | $0.81 | $0.372 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Nov 12, 2026 (est.) | Dec 22, 2026 (est.) |
| Expense ratio | 0.85% | 0.75% |
| 1-year payout growth | -17.7% | -57.7% |
| 5-year payout CAGR | -11.7% | +36.8% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 63/100 | 41/100 |
| 1-year total return | -8.4% | +196.6% |
| 1-year price return | -24.9% | +196.3% |
| Size (market cap / AUM) | 17.0M | 24.0B |
| Years paying | 7.9 | 16.1 |
| 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
| SMHB | SOXL | |
|---|---|---|
| Shares | 2,985.1 | 96.9 |
| Income per year | $2,418 | $36 |
| Income per month (avg) | $201 | $3 |
At forward yields, before taxes. Model SMHB · Model SOXL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| 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. |
| SOXL Dec 22, 2026 | Jan 5, 2027 | $0.093 | Est. |
| SOXL Mar 23, 2027 | Apr 6, 2027 | $0.093 | Est. |
| SOXL Jun 22, 2027 | Jul 6, 2027 | $0.093 | Est. |
Annual payouts per share
SMHBSOXL
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, SMHB or SOXL?
SMHB currently has the higher trailing yield: SMHB yields 22.00% and SOXL yields 0.09%. Yield changes daily with price, so check the live figures above.
How often do SMHB and SOXL pay?
SMHB pays every month and SOXL pays every quarter. SMHB's next ex-date is Nov 12, 2026 and SOXL's is Dec 22, 2026.
Which has grown its dividend faster, SMHB or SOXL?
SOXL has grown its payout faster: 36.8%/yr vs -11.7%/yr over the last 5 years.
Is SMHB or SOXL better for income?
It depends on what you are optimising for. SMHB and SOXL 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.