MLPR vs SMHB
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN compared with ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN on yield, payout growth, payment schedule, cost and risk.
MLPR
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
TTM yield · Quarterly
SMHB
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN
TTM yield · Monthly
Quick take
- SMHB yields more today: 9.35% vs 8.89% (forward).
- MLPR has grown its payout faster: 14.4%/yr vs -8.8%/yr over the last 5 years.
- MLPR pays every quarter; SMHB pays every month.
- Over the last year MLPR delivered the higher total return: +41.4% vs +0.7% (price change plus payouts).
- MLPR has the steadier distribution: consistency 91/100 vs 59/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MLPR | SMHB |
|---|---|---|
| Share price | $79.51 | $3.98 |
| TTM yield | 8.39% | 19.67% |
| Forward yield | 8.89% | 9.35% |
| Annual payout per share | $7.068 | $0.372 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Oct 13, 2026 (est.) | Sep 11, 2026 (est.) |
| Expense ratio | — | 0.85% |
| 1-year payout growth | +7.7% | -17.5% |
| 5-year payout CAGR | +14.4% | -8.8% |
| Consecutive years of increases | 4 years | 0 years |
| Payout consistency (last 12) | 91/100 | 59/100 |
| 1-year total return | +41.4% | +0.7% |
| 1-year price return | +30.4% | -15.9% |
| Size (market cap / AUM) | 11.9M | 21.9M |
| Years paying | 6.2 | 7.7 |
| 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
| MLPR | SMHB | |
|---|---|---|
| Shares | 125.8 | 2,512.6 |
| Income per year | $889 | $935 |
| Income per month (avg) | $74 | $78 |
At forward yields, before taxes. Model MLPR · Model SMHB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MLPR Oct 13, 2026 | Oct 27, 2026 | $1.767 | Est. |
| MLPR Jan 12, 2027 | Jan 26, 2027 | $1.767 | Est. |
| MLPR Apr 13, 2027 | Apr 27, 2027 | $1.767 | Est. |
| SMHB Sep 11, 2026 | Sep 25, 2026 | $0.031 | Est. |
| SMHB Oct 11, 2026 | Oct 25, 2026 | $0.031 | Est. |
| SMHB Nov 10, 2026 | Nov 24, 2026 | $0.031 | Est. |
Annual payouts per share
MLPRSMHB
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, MLPR or SMHB?
SMHB currently has the higher trailing yield: MLPR yields 8.39% and SMHB yields 19.67%. Yield changes daily with price, so check the live figures above.
How often do MLPR and SMHB pay?
MLPR pays every quarter and SMHB pays every month. MLPR's next ex-date is Oct 13, 2026 and SMHB's is Sep 11, 2026.
Which has grown its dividend faster, MLPR or SMHB?
MLPR has grown its payout faster: 14.4%/yr vs -8.8%/yr over the last 5 years.
Is MLPR or SMHB better for income?
It depends on what you are optimising for. MLPR and SMHB 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.