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ProShares Ultra Silver(AGQ)
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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AGQ
09/25/2026: AGQ (3-star) is currently NOT-A-BUY. Pass it for now.
ProShares Ultra Silver (AGQ) is a leveraged ETF designed to provide twice the daily performance of the Bloomberg Silver Subindex through the use of financial derivatives. Its main strengths include high market liquidity and the ability to amplify short-term directional bets on silver prices without direct futures trading. It is primarily used as a tactical tool for active traders rather than a core portfolio holding. Investors must be aware of significant risks, including leverage decay, high volatility, and potential for rapid capital loss if silver prices move against the position. This product best suits experienced, short-term traders who monitor market trends daily.
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 style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund may offer high growth during strong silver rallies but poses high risk of capital loss. |
| Momentum investor | Strong fit while signal remains positive | It is well-suited for momentum traders looking to amplify gains during short-term silver uptrends. |
| Value investor | Weak fit | The daily reset mechanism and decay make it unsuitable for traditional buy-and-hold value strategies. |
| Dividend/Income investor | Weak fit | The fund does not provide income and is designed purely for capital appreciation/trading. |
| Low-risk investor | Weak fit | High leverage and the volatility of silver make this inappropriate for risk-averse investors. |
Investor Profile
Ideal Investor Profile
The ideal investor is an active, sophisticated trader with a short-term time horizon and a high tolerance for risk.
Suitability
This ETF is strictly for active traders; it is not suitable for long-term passive investors or those seeking steady wealth accumulation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The 2x leverage multiplier significantly magnifies the inherent volatility of silver prices. |
| Market risk | High | Investors are fully exposed to the price swings of the silver commodity market. |
| Concentration | High | The fund is entirely concentrated in a single commodity, silver, lacking diversification. |
| Tracking/expense | Medium / high | Daily rebalancing and leverage costs create substantial tracking error over holding periods longer than one day. |
| Liquidity | Medium | While generally liquid, silver market disruptions can temporarily impair the ability to exit positions efficiently. |
| Business/sector quality | Medium | Performance relies on the health and stability of derivative counterparties. |
Risk Analysis
Volatility
AGQ is characterized by extreme volatility due to the 2x leverage factor which doubles the price variance of silver.
Market Risk
The primary risk is a sharp decline in silver prices, which is compounded by the leverage, potentially resulting in rapid capital erosion.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Commodity | Silver (Bloomberg Silver Subindex) — seeks 2x daily return | 95 | This represents the underlying commodity exposure designed to provide double the daily price movement of silver. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Highly liquid assets held to maintain margin requirements for derivative contracts. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type ETF | Historic Profit 177.54% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/25/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 25, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $1.46B |
| Issuer | ProShares |
| Expense Ratio | 0.95% |
| Distribution Yield | 0% |
| Inception | Dec 1, 2008 |
| Index Tracked | Bloomberg Silver (-200%) |
Performance
| Period | Total Return |
|---|---|
| YTD | -46.03% |
| 1 Year | +22.09% |
| 3 Year | +44.24% |
| 5 Year | +19.98% |
| 10 Year | +4.91% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 98.18% |
| 3Y Volatility | 67.9% |
| 3Y Sharpe Ratio | 0.76 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Benchmark | Morningstar Lng-Only Cmdty ... |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Holdings Turnover | 0.0% |
| Distribution Yield | 0% |
Top Holdings
| Holding | Weight |
|---|---|
| Proshares Genius Money Market ETF | 19.70% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
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