SMHB vs TQQQ

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN compared with ProShares UltraPro QQQ on yield, payout growth, payment schedule, cost and risk.

SMHB

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

22.00%

TTM yield · Monthly

VS

TQQQ

ProShares UltraPro QQQ

0.67%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricSMHBTQQQ
Share price$3.35$72.61
TTM yield22.00%0.67%
Forward yield24.18%0.86%
Annual payout per share$0.81$0.624
Payment frequencyMonthlyQuarterly
Next ex-dateNov 12, 2026 (est.)Dec 23, 2026 (est.)
Expense ratio0.85%0.78%
1-year payout growth-17.7%+22.9%
5-year payout CAGR-11.7%+375.3%
Consecutive years of increases0 years0 years
Payout consistency (last 12)63/10070/100
1-year total return-8.4%+41.4%
1-year price return-24.9%+40.4%
Size (market cap / AUM)17.0M37.9B
Years paying7.912.3
Sector / categoryTrading--Leveraged EquityTrading--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

SMHBTQQQ
Shares2,985.1137.7
Income per year$2,418$86
Income per month (avg)$201$7

At forward yields, before taxes. Model SMHB · Model TQQQ

Next payments

Ex-datePay datePer shareStatus
SMHB Nov 12, 2026Nov 26, 2026$0.0675Est.
SMHB Dec 12, 2026Dec 26, 2026$0.0675Est.
SMHB Jan 11, 2027Jan 25, 2027$0.0675Est.
TQQQ Dec 23, 2026Dec 29, 2026$0.156Est.
TQQQ Mar 24, 2027Mar 30, 2027$0.156Est.
TQQQ Jun 23, 2027Jun 29, 2027$0.156Est.

Annual payouts per share

SMHBTQQQ

Annual dividend per share, SMHB vs TQQQ, 2019 to 2026TQQQSMHB$0.00$2.00$4.00SMHB 2019: $3.484TQQQ 2019: $0.00642019SMHB 2020: $1.372TQQQ 2020: $0.00022020SMHB 2021: $1.481TQQQ 2021: $0.00012021SMHB 2022: $1.577TQQQ 2022: $0.0492022SMHB 2023: $1.131TQQQ 2023: $0.322023SMHB 2024: $1.134TQQQ 2024: $0.50152024SMHB 2025: $0.867TQQQ 2025: $0.3432025SMHB 2026 (YTD): $0.661TQQQ 2026 (YTD): $0.3992026 YTD

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 TQQQ?

SMHB currently has the higher trailing yield: SMHB yields 22.00% and TQQQ yields 0.67%. Yield changes daily with price, so check the live figures above.

How often do SMHB and TQQQ pay?

SMHB pays every month and TQQQ pays every quarter. SMHB's next ex-date is Nov 12, 2026 and TQQQ's is Dec 23, 2026.

Which has grown its dividend faster, SMHB or TQQQ?

TQQQ has grown its payout faster: 375.3%/yr vs -11.7%/yr over the last 5 years.

Is SMHB or TQQQ better for income?

It depends on what you are optimising for. SMHB and TQQQ 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.

SMHB dividend history →
TQQQ dividend history →

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