ProShares Ultra Silver(AGQ)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$52.6
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for AGQ

10/23/2026: AGQ (3-star) is currently NOT-A-BUY. Pass it for now.

ProShares Ultra Silver (AGQ) provides 2x daily leveraged exposure to the Bloomberg Silver Subindex through the use of derivative contracts. It is designed for active, short-term tactical trading rather than long-term buy-and-hold investing, as daily compounding can cause returns to deviate from expectations over time. Its main strengths include high liquidity and effective tracking of its 2x target, supported by a reputable issuer. Investors should be aware of high volatility, structural decay, and commodity-specific risks. The fund is best suited for experienced traders monitoring short-term price momentum and inflation trends.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe fund is a tactical tool rather than a long-term growth investment due to the effects of volatility decay.
Momentum investorStrong fit while signal remains positiveMomentum traders utilize this fund to capture short-term price trends in silver when the market shows positive momentum.
Value investorWeak fitThe structural risks and costs of leveraged ETFs do not align with the goals of long-term value investing.
Dividend/Income investorWeak fitThis fund does not provide dividend income and carries high risk of capital erosion.
Low-risk investorWeak fitThe high volatility and leverage make this inappropriate for investors seeking capital preservation.

Investor Profile

Ideal Investor Profile

Active, risk-tolerant traders who focus on short-term technical patterns.

Suitability

Not suitable for long-term investors; best for intra-day or short-term tactical positions.

Risk Profile

Risk factorLevelWhy it matters
VolatilityHighDaily leverage significantly amplifies price swings, increasing the potential for rapid losses.
Market riskHighThe fund is entirely exposed to the price of silver, which is subject to global commodity market risks.
ConcentrationHighThe fund provides exposure to a single commodity, making it vulnerable to sector-specific shocks.
Tracking/expenseHighDaily rebalancing and compounding can lead to returns that differ substantially from the index over time.
LiquidityLowThe underlying futures market is deep and liquid, though flash crashes in commodities can impact execution.
Business/sector qualityMediumSilver's dual role as an industrial metal and store of value makes it sensitive to both economic and monetary policy cycles.

Risk Analysis

Volatility

AGQ exhibits extreme volatility, significantly higher than physical silver or silver miners.

Market Risk

Risks include silver price sensitivity, leverage reset risk, and the impact of interest rates on financing costs.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
CommoditySilver (Bloomberg Silver Subindex) — seeks 2x daily return95This exposure represents the underlying commodity price movement which the fund aims to amplify by 2x daily.
Cash/collateralCash and Cash Equivalents5Cash and equivalents are held to provide liquidity and serve as collateral for the derivative positions.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type ETF
Historic Profit 178.81%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026
Advertisement
Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.