Dividend comparison
TQQQ vs SOXL: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for ProShares UltraPro QQQ and Direxion Daily Semiconductor Bull 3X ETF, side by side. Updated October 21, 2026.
TQQQ vs SOXL: key differences
The short answer, from the latest data on this page.
- Fees. SOXL is cheaper at 0.91% a year versus 0.94% for TQQQ. On $10,000 that is $3 a year less in fees.
- Income. TQQQ pays more income, yielding 0.69% over the last twelve months versus 0.10% for SOXL. That is about $59 more a year on $10,000. TQQQ pays quarterly, SOXL pays annual.
- Performance. Over the last 5 years, SOXL returned 127.5% versus 113.8% for TQQQ, with dividends reinvested. $10,000 would have grown to $22,750 in SOXL and $21,375 in TQQQ.
- Risk. SOXL has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -90.5%, against -81.6% for TQQQ.
- Diversification. TQQQ holds 123 positions and SOXL holds 44. The ten largest positions make up 34.1% of TQQQ and 41.7% of SOXL.
- Overlap. At least 12% of the two portfolios overlap by weight, across 19 shared holdings. They mostly own different companies, so they can complement each other.
- Dividend growth. TQQQ grew its yearly payout 771.0% a year over the last 4 years, versus 47.2% for SOXL.
Bottom line: TQQQ fits better if you care most about more income today, smaller drawdowns, faster dividend growth and broader diversification. SOXL fits better if you care most about lower fees and stronger 5-year returns.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | TQQQ ProShares UltraPro QQQ | SOXL Direxion Daily Semiconductor Bull 3X ETF |
|---|---|---|
| Dividend yield (TTM) | 0.69% | 0.10% |
| Dividend / share (TTM) | $0.48 | $0.09 |
| Payout frequency | Quarterly | Annual |
| Last dividend | $0.1560 on Sep 29, 2026 | $0.0929 on Sep 29, 2026 |
| Ex-dividend date | Sep 23, 2026 | Sep 22, 2026 |
| Dividend growth (CAGR) | 771.0% over 4 yrs | 47.2% over 4 yrs |
| Price | $70.41 | $97.55 |
| Beta | 3.71 | 7.64 |
| Max drawdown (5Y) | -81.6% | -90.5% |
| Market cap | $41.88B | $25.92B |
| Exchange | NASDAQ | AMEX |
| Expense ratio | 0.94% | 0.91% |
| Assets under management | $35.46B | $21.89B |
| Number of holdings | 123 | 44 |
| Top 10 concentration | 34.1% | 41.7% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
TQQQ
$5.73/mo
$69 /yr at 0.69% yield
SOXL
$0.79/mo
$10 /yr at 0.10% yield
Dividend history
Total dividends paid per share in each calendar year. TQQQ pays quarterly; SOXL pays annual.
| Year | TQQQ | SOXL |
|---|---|---|
| 2025 | $0.3425 | $0.1428 |
| 2024 | $0.7245 | $0.3211 |
| 2023 | $0.6395 | $0.1589 |
| 2022 | $0.0490 | $0.1038 |
| 2021 | $0.0001 | $0.0304 |
Strategy: Leveraged
Funds that use swaps and futures to deliver two or three times the daily return of an index. The multiple resets every day, so over longer periods the result can differ sharply from simply multiplying the index return, especially when the market is choppy. They are built as short-term trading tools.
Daily rebalancing causes decay in sideways or volatile markets, and a large one-day drop can wipe out most of the fund's value.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $21,375 in TQQQ and $22,750 in SOXL.
| Period | TQQQ | SOXL |
|---|---|---|
| 1 month | -2.88% | -21.07% |
| 3 months | 4.28% | -28.65% |
| Year to date | 34.34% | 132.26% |
| 1 year | 31.48% | 131.11% |
| 3 years | 330.64% | 496.27% |
| 5 years | 113.75% | 127.50% |
- TQQQ
- SOXL
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- TQQQ
- SOXL
TQQQ vs SOXL holdings overlap
At least 12% overlap by weight, with 19 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | TQQQ weight | SOXL weight |
|---|---|---|
| NVDANVIDIA CORP | 3.20% | 5.38% |
| MUMICRON TECHNOLOGY INC | 1.72% | 5.17% |
| AMDADVANCED MICRO DEVICES | 1.48% | 6.26% |
| AVGOBROADCOM INC | 0.97% | 4.95% |
| INTCINTEL CORP | 0.82% | 5.63% |
| LRCXLAM RESEARCH CORP | 0.57% | 2.47% |
| AMATAPPLIED MATERIALS INC | 0.55% | 2.47% |
| TXNTEXAS INSTRUMENTS INC | 0.43% | 2.90% |
| KLACKLA CORP | 0.37% | 2.60% |
| MRVLMARVELL TECHNOLOGY INC | 0.35% | 3.07% |
Top 10 holdings
Largest positions by portfolio weight.
TQQQ123 holdings total
Quick verdict
TQQQ fits better if you care most about more income today, smaller drawdowns, faster dividend growth and broader diversification. SOXL fits better if you care most about lower fees and stronger 5-year returns. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
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Frequently asked questions
Is TQQQ or SOXL better for dividend income?
It depends on your goals. TQQQ currently yields 0.69% Trailing Twelve Months (TTM) while SOXL yields 0.10%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between TQQQ and SOXL?
ProShares UltraPro QQQ (TQQQ) is an ETF listed on NASDAQ. Direxion Daily Semiconductor Bull 3X ETF (SOXL) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, TQQQ or SOXL?
SOXL has the lower expense ratio. TQQQ charges 0.94% a year and SOXL charges 0.91%, a difference of $3 a year on a $10,000 investment.
Which has performed better, TQQQ or SOXL?
Over the last 5 years, SOXL has the higher total return with dividends reinvested: TQQQ returned 113.8% and SOXL returned 127.5%. Past performance does not predict future returns.
Which is riskier, TQQQ or SOXL?
Measured by the worst peak-to-trough decline over the last five years, SOXL has been riskier: TQQQ fell as much as 81.6% and SOXL as much as 90.5%. Their betas are 3.71 and 7.64.
How much do TQQQ and SOXL overlap?
At least 12% of the two portfolios overlap by weight, across 19 shared holdings. The largest shared positions are NVDA, MU, AMD. Holding both still adds meaningful diversification.
How often do TQQQ and SOXL pay dividends?
TQQQ pays quarterly and SOXL pays annual.
How much income does $10,000 in TQQQ vs SOXL generate?
At current TTM yields, $10,000 in TQQQ would generate roughly $5.73 per month ($69 annually). The same amount in SOXL would produce about $0.79 per month ($10 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both TQQQ and SOXL?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare TQQQ vs SOXL with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how TQQQ and SOXL fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.