SPXU vs SPY

ProShares UltraPro Short S&P500 compared with State Street SPDR S&P 500 ETF Trust on yield, payout growth, payment schedule, cost and risk.

SPXU

ProShares UltraPro Short S&P500

7.40%

TTM yield · Quarterly

VS

SPY

State Street SPDR S&P 500 ETF Trust

0.98%

TTM yield · Quarterly

Quick take

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

Side by side

MetricSPXUSPY
Share price$34.25$765.96
TTM yield7.40%0.98%
Forward yield4.57%0.99%
Annual payout per share$1.564$7.616
Payment frequencyQuarterlyQuarterly
Next ex-dateSep 23, 2026 (est.)Sep 17, 2026 (est.)
Expense ratio0.09%
1-year payout growth-54.1%+5.0%
5-year payout CAGR+6.2%
Consecutive years of increases0 years12 years
Payout consistency (last 12)35/10093/100
1-year total return-38.9%+19.9%
1-year price return-43.1%+18.7%
Size (market cap / AUM)811.9B
Years paying8.733.5
Sector / categoryLarge Blend

✓ 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

SPXUSPY
Shares292.013.1
Income per year$457$99
Income per month (avg)$38$8

At forward yields, before taxes. Model SPXU · Model SPY

Next payments

Ex-datePay datePer shareStatus
SPXU Sep 23, 2026Oct 7, 2026$0.391Est.
SPXU Dec 23, 2026Jan 6, 2027$0.391Est.
SPXU Mar 24, 2027Apr 7, 2027$0.391Est.
SPY Sep 17, 2026Oct 1, 2026$1.904Est.
SPY Dec 17, 2026Dec 31, 2026$1.904Est.
SPY Mar 18, 2027Apr 1, 2027$1.904Est.

Annual payouts per share

SPXUSPY

Annual dividend per share, SPXU vs SPY, 2019 to 2026SPYSPXU$0.00$25.00$50.00SPXU 2019: $42.90SPY 2019: $5.6192019SPXU 2020: $4.20SPY 2020: $5.6912020SPXU 2021: $0.00SPY 2021: $5.7152021SPXU 2022: $1.32SPY 2022: $6.322022SPXU 2023: $12.16SPY 2023: $6.6332023SPXU 2024: $8.588SPY 2024: $7.0662024SPXU 2025: $3.491SPY 2025: $7.2812025SPXU 2026 (YTD): $0.836SPY 2026 (YTD): $3.7012026 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, SPXU or SPY?

SPXU currently has the higher trailing yield: SPXU yields 7.40% and SPY yields 0.98%. Yield changes daily with price, so check the live figures above.

How often do SPXU and SPY pay?

SPXU pays every quarter and SPY pays every quarter. SPXU's next ex-date is Sep 23, 2026 and SPY's is Sep 17, 2026.

Which has grown its dividend faster, SPXU or SPY?

SPY has grown its payout faster: 4.9%/yr vs -26.4%/yr over the last 3 years.

Is SPXU or SPY better for income?

It depends on what you are optimising for. SPXU and SPY 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.

Related comparisons

SPXU dividend history →
SPY dividend history →

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