SQQQ vs TAIL
ProShares UltraPro Short QQQ compared with Cambria Tail Risk ETF on yield, payout growth, payment schedule, cost and risk.
SQQQ
ProShares UltraPro Short QQQ
TTM yield · Quarterly
TAIL
Cambria Tail Risk ETF
TTM yield · Quarterly
Quick take
- SQQQ yields more today: 5.19% vs 3.41% (forward).
- TAIL has grown its payout faster: -6.8%/yr vs -48.4%/yr over the last 3 years.
- Both pay every quarter.
- Over the last year TAIL delivered the higher total return: -13.8% vs -47.8% (price change plus payouts).
- TAIL is cheaper to own: 0.60% vs 0.94% expense ratio.
- TAIL has the steadier distribution: consistency 58/100 vs 26/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SQQQ | TAIL |
|---|---|---|
| Share price | $36.48 | $9.85 |
| TTM yield | 8.92% | 3.53% |
| Forward yield | 5.19% | 3.41% |
| Annual payout per share | $1.892 | $0.336 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 23, 2026 (est.) | Dec 18, 2026 (est.) |
| Expense ratio | 0.94% | 0.60% |
| 1-year payout growth | -63.8% | +17.2% |
| 5-year payout CAGR | — | +38.6% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 26/100 | 58/100 |
| 1-year total return | -47.8% | -13.8% |
| 1-year price return | -52.1% | -16.7% |
| Size (market cap / AUM) | 2.1B | 147.8M |
| Years paying | 10.6 | 9.3 |
| Sector / category | Trading--Inverse Equity | Trading--Inverse 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
| SQQQ | TAIL | |
|---|---|---|
| Shares | 274.1 | 1,015.2 |
| Income per year | $519 | $341 |
| Income per month (avg) | $43 | $28 |
At forward yields, before taxes. Model SQQQ · Model TAIL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SQQQ Dec 23, 2026 | Dec 29, 2026 | $0.473 | Est. |
| SQQQ Mar 24, 2027 | Mar 30, 2027 | $0.473 | Est. |
| SQQQ Jun 23, 2027 | Jun 29, 2027 | $0.473 | Est. |
| TAIL Dec 18, 2026 | Jan 1, 2027 | $0.084 | Est. |
| TAIL Mar 19, 2027 | Apr 2, 2027 | $0.084 | Est. |
| TAIL Jun 18, 2027 | Jul 2, 2027 | $0.084 | Est. |
Annual payouts per share
SQQQTAIL
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, SQQQ or TAIL?
SQQQ currently has the higher trailing yield: SQQQ yields 8.92% and TAIL yields 3.53%. Yield changes daily with price, so check the live figures above.
How often do SQQQ and TAIL pay?
SQQQ pays every quarter and TAIL pays every quarter. SQQQ's next ex-date is Dec 23, 2026 and TAIL's is Dec 18, 2026.
Which has grown its dividend faster, SQQQ or TAIL?
TAIL has grown its payout faster: -6.8%/yr vs -48.4%/yr over the last 3 years.
Is SQQQ or TAIL better for income?
It depends on what you are optimising for. SQQQ and TAIL 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.