SCO Dividend: Yield, Schedule, and What to Expect
Last updated July 2026
Short answer
SCO's approximate 0% yield (as of mid-2026) makes it a growth-first, low-yield fund. It tracks Bloomberg Commodity Balanced WTI Crude Oil Index (negative 2x daily) and passes through the dividends of its holdings, typically quarterly, minus a ~0.95% expense ratio. If income is your goal, look to dedicated dividend funds for more; SCO is built for total return, not yield. If total return is the goal, the yield matters less than cost and what it holds. Yield is a recent snapshot, not a promise; verify the current figure with ProShares.
How does the SCO dividend work?
SCO holds the companies in Bloomberg Commodity Balanced WTI Crude Oil Index (negative 2x daily), collects the dividends they pay, and distributes them to shareholders (usually quarterly), net of its ~0.95% fee. The yield you see is the trailing distributions divided by price, so it drifts as both change.
SCO is a leveraged inverse ETF that seeks daily results, before fees, of negative 2x the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. It is designed to gain when WTI crude oil prices fall and lose when they rise, at about twice the daily magnitude, using futures and swaps. Its net expense ratio is about 0.95%. Daily leverage resets mean multi-day returns compound and diverge from a simple negative 2x of oil's move.
How does SCO's dividend yield compare?
- Approximate yield: 0% (mid-2026).
- What drives it: the payout of the underlying Bloomberg Commodity Balanced WTI Crude Oil Index (negative 2x daily) holdings.
- Fee drag: the ~0.95% expense ratio is deducted before you receive distributions.
- For more income: dedicated dividend or income ETFs target higher yield, with their own trade-offs.
If income is your goal, compare SCO against dividend-focused funds. See the best dividend ETFs roundup, or analyze how SCO's income fits your real portfolio in Walnut.
The bottom line on the SCO dividend
The bottom line: at an approximate 0% yield, SCO is a growth-first, low-yield fund. If income is your goal, dedicated dividend funds pay more; SCO is the wrong tool for yield and the right one for total-return Bloomberg Commodity Balanced WTI Crude Oil Index (negative 2x daily) exposure. If total return is the goal, the yield matters less than cost and what it holds. Treat the figure as a moving snapshot, not a fixed rate, and verify the current yield with ProShares.
Build a portfolio around SCO with Walnut
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FAQ
What is SCO's dividend yield?
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Approximately 0% as of mid-2026. Yield moves with price and distributions, so treat it as a recent snapshot and verify the current figure on ProShares's fund page.
How often does SCO pay a dividend?
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Most US equity ETFs like SCO distribute dividends quarterly, passing through the dividends their underlying holdings pay. Confirm the exact schedule and ex-dividend dates with ProShares.
Where does SCO's dividend come from?
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SCO tracks Bloomberg Commodity Balanced WTI Crude Oil Index (negative 2x daily) and holds names such as CL, USD. The fund collects the dividends those companies pay and passes them to you, minus the ~0.95% expense ratio.
Can I reinvest SCO dividends?
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Yes. Most brokers let you turn on automatic dividend reinvestment (a DRIP) so SCO distributions buy more shares automatically. This compounds over time but still counts as taxable income in a taxable account.
Is SCO a good choice for dividend income?
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Walnut is informational, not investment advice. SCO yields roughly 0%, which is modest. Dedicated dividend ETFs target higher yield; broad-market funds prioritize total return over yield. Match the choice to whether you want income now or growth.
Are SCO dividends qualified?
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Many dividends from a US large-cap equity ETF like SCO are qualified (taxed at lower long-term rates) if holding-period rules are met, but some portion can be ordinary. Tax treatment depends on your situation; confirm with a tax professional and ProShares's tax documents.
Walnut is informational, not investment advice. Dividend yields and schedules are approximate, stamped to mid-2026, and change; verify current figures with ProShares or your broker.