UVXY Dividend: Yield, Schedule, and What to Expect
Last updated July 2026
Short answer
UVXY's approximate 0.00% yield (as of July 2026) makes it a growth-first, low-yield fund. It tracks S&P 500 VIX Short-Term Futures Index (1.5x) and passes through the dividends of its holdings, typically quarterly, minus a 1.23% expense ratio. If income is your goal, look to dedicated dividend funds for more; UVXY 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 UVXY dividend work?
UVXY holds the companies in S&P 500 VIX Short-Term Futures Index (1.5x), collects the dividends they pay, and distributes them to shareholders (usually quarterly), net of its 1.23% fee. The yield you see is the trailing distributions divided by price, so it drifts as both change.
Seeks 1.5x the daily return of the S&P 500 VIX Short-Term Futures Index, so it tends to spike when markets fall and volatility jumps. It holds VIX futures (plus cash-management positions), and the cost of continuously rolling those futures combined with daily leverage causes severe long-term value decay. UVXY is a short-term trading and hedging tool only, not a long-term holding.
How does UVXY's dividend yield compare?
- Approximate yield: 0.00% (July 2026).
- What drives it: the payout of the underlying S&P 500 VIX Short-Term Futures Index (1.5x) holdings.
- Fee drag: the 1.23% 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 UVXY against dividend-focused funds. See the best dividend ETFs roundup, or analyze how UVXY's income fits your real portfolio in Walnut.
The bottom line on the UVXY dividend
The bottom line: at an approximate 0.00% yield, UVXY is a growth-first, low-yield fund. If income is your goal, dedicated dividend funds pay more; UVXY is the wrong tool for yield and the right one for total-return S&P 500 VIX Short-Term Futures Index (1.5x) 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 UVXY with Walnut
Use UVXY as your core holding, then let Walnut's AI propose thematic satellites: AI infrastructure, dividend growth, clean energy, whatever you believe in. Connect your broker, build the basket in conversation, track it as one unit.
FAQ
What is UVXY's dividend yield?
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Approximately 0.00% as of July 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 UVXY pay a dividend?
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Most US equity ETFs like UVXY distribute dividends quarterly, passing through the dividends their underlying holdings pay. Confirm the exact schedule and ex-dividend dates with ProShares.
Where does UVXY's dividend come from?
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UVXY tracks S&P 500 VIX Short-Term Futures Index (1.5x) and holds names such as IQMM. The fund collects the dividends those companies pay and passes them to you, minus the 1.23% expense ratio.
Can I reinvest UVXY dividends?
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Yes. Most brokers let you turn on automatic dividend reinvestment (a DRIP) so UVXY distributions buy more shares automatically. This compounds over time but still counts as taxable income in a taxable account.
Is UVXY a good choice for dividend income?
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Walnut is informational, not investment advice. UVXY yields roughly 0.00%, 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 UVXY dividends qualified?
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Many dividends from a US large-cap equity ETF like UVXY 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 July 2026, and change; verify current figures with ProShares or your broker.