ProShares Ultra Silver (AGQ) belongs to the Silver category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AGQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AGQ
AGQ charges 0.93% annually. There are 10 ETFs in the Silver category with lower expense ratios, going as low as 0.30%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Physical Silver Shares ETF | 0.30% | 3.97B | Jul 2009 | AGQ vs SIVR | |
| Themes Silver Miners ETF | 0.35% | 10.36M | May 2024 | AGQ vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.39% | 819.95M | Jan 2012 | AGQ vs SLVP | |
| iShares Silver Trust | 0.50% | 28.37B | Apr 2006 | AGQ vs SLV | |
| Sprott Physical Silver Trust | 0.51% | — | Oct 2010 | AGQ vs PSLV |
Best Risk-Adjusted Alternatives to AGQ
AGQ has a PortfoliosLab risk / return rank of 20. There are 10 ETFs in the Silver category with higher risk-adjusted ranks, going as high as 45.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | 45 | 10.36M | May 2024 | AGQ vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 40 | 819.95M | Jan 2012 | AGQ vs SLVP | |
| Amplify Junior Silver Miners ETF | 38 | 3.22B | Nov 2012 | AGQ vs SILJ | |
| Sprott Active Gold & Silver Miners ETF | 35 | 141.74M | Feb 2025 | AGQ vs GBUG | |
| Global X Silver Miners ETF | 32 | 4.14B | Apr 2010 | AGQ vs SIL |
Top Performing AGQ Alternatives (YTD)
AGQ is at -57.13% YTD. There are 12 ETFs in the Silver category with higher YTD returns, going as high as -4.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| UBS ETRACS Silver Shares Covered Call ETN | -4.49% | 411.17M | Apr 2013 | AGQ vs SLVO | |
| Themes Silver Miners ETF | -5.99% | 10.36M | May 2024 | AGQ vs AGMI | |
| Amplify Junior Silver Miners ETF | -8.35% | 3.22B | Nov 2012 | AGQ vs SILJ | |
| Global X Silver Miners ETF | -9.44% | 4.14B | Apr 2010 | AGQ vs SIL | |
| iShares MSCI Global Silver and Metals Miners ETF | -10.53% | 819.95M | Jan 2012 | AGQ vs SLVP |
Lowest Volatility Alternatives to AGQ
AGQ has 124.84% 1-year volatility. There are 13 ETFs in the Silver category with lower 1-year volatility, going as low as 32.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| UBS ETRACS Silver Shares Covered Call ETN | 32.78% | 411.17M | Apr 2013 | AGQ vs SLVO | |
| Sprott Active Gold & Silver Miners ETF | 50.80% | 141.74M | Feb 2025 | AGQ vs GBUG | |
| Themes Silver Miners ETF | 52.28% | 10.36M | May 2024 | AGQ vs AGMI | |
| Global X Silver Miners ETF | 52.84% | 4.14B | Apr 2010 | AGQ vs SIL | |
| iShares MSCI Global Silver and Metals Miners ETF | 55.72% | 819.95M | Jan 2012 | AGQ vs SLVP |
Lowest Drawdown Alternatives to AGQ
AGQ has a 1-year max drawdown of -84.08%. There are 10 ETFs in the Silver category with shallower 1-year drawdowns, going as shallow as -21.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| UBS ETRACS Silver Shares Covered Call ETN | -21.39% | 411.17M | Apr 2013 | AGQ vs SLVO | |
| Themes Silver Miners ETF | -34.40% | 10.36M | May 2024 | AGQ vs AGMI | |
| Sprott Active Gold & Silver Miners ETF | -36.90% | 141.74M | Feb 2025 | AGQ vs GBUG | |
| Global X Silver Miners ETF | -37.20% | 4.14B | Apr 2010 | AGQ vs SIL | |
| iShares MSCI Global Silver and Metals Miners ETF | -38.06% | 819.95M | Jan 2012 | AGQ vs SLVP |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 50 | 42.86% | 37.04B | Feb 2010 | AGQ vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 30.96% | 14.15B | Jun 2006 | AGQ vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -27.52% | 1.45B | Oct 2021 | AGQ vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 25.19% | 5.47B | Jun 2009 | AGQ vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 55 | 18.15% | 8.13B | Jun 2006 | AGQ vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 76 | 81.18% | 2.97B | Jan 2007 | AGQ vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 33 | 9.33% | 11.63B | Oct 2013 | AGQ vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -42.24% | 2.09B | Feb 2010 | AGQ vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 56 | 14.90% | 410.75M | Mar 2024 | AGQ vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -33.76% | 216.19M | Oct 2011 | AGQ vs UVXY |
Often Compared With AGQ
Investors most often compare AGQ with GLL, SPY, HYMC. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare AGQ with Any Fund or Stock
Compare AGQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AGQ with funds that move differently
ProShares Ultra Silver alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AGQ.
Explore AGQ Diversifiers