AGQ vs. ASTX

Last updated Jun 4, 2026

AGQ (ProShares Ultra Silver) and ASTX (Tradr 2X Long ASTS Daily ETF) are both exchange-traded funds - AGQ is a Silver fund tracking the Bloomberg Silver Subindex (200%), while ASTX is a Leveraged Equities fund actively managed by Tradr. AGQ is passively managed, while ASTX is actively managed. At a 0.15 correlation, their price movements are largely independent. AGQ charges 0.93%/yr vs 1.30%/yr for ASTX.

Performance

AGQ vs. ASTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Silver (AGQ) and Tradr 2X Long ASTS Daily ETF (ASTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGQ achieves a -30.83% return, which is significantly lower than ASTX's 40.25% return.

AGQ

• 1D: -5.25%
• 1M: -1.76%
• YTD: -30.83%
• 6M: -5.75%
• 1Y: 142.76%
• 3Y*: 54.17%
• 5Y*: 15.27%
• 10Y*: 11.35%

ASTX

• 1D: 23.61%
• 1M: 132.25%
• YTD: 40.25%
• 6M: 96.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGQ vs. ASTX - Yearly Performance Comparison

	2026 (YTD)	2025
AGQ ProShares Ultra Silver	-30.83%	181.37%
ASTX Tradr 2X Long ASTS Daily ETF	40.25%	52.29%

Correlation

The correlation between AGQ and ASTX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.15

Return for Risk

AGQ vs. ASTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGQ

AGQ Risk / Return Rank: 36
AGQ Sharpe Ratio Rank: 32
AGQ Sortino Ratio Rank: 36
AGQ Omega Ratio Rank: 51
AGQ Calmar Ratio Rank: 37
AGQ Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGQ vs. ASTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Silver (AGQ) and Tradr 2X Long ASTS Daily ETF (ASTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGQ	ASTX	Difference
Sharpe ratio Return per unit of total volatility	1.19	—	—
Sortino ratio Return per unit of downside risk	1.91	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	1.88	—	—
Martin ratio Return relative to average drawdown	3.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AGQ	ASTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.64	-0.56

Drawdowns

AGQ vs. ASTX - Drawdown Comparison

The maximum AGQ drawdown since its inception was -98.16%, which is greater than ASTX's maximum drawdown of -80.36%. Use the drawdown chart below to compare losses from any high point for AGQ and ASTX.

Drawdown Indicators

	AGQ	ASTX	Difference
Max Drawdown Largest peak-to-trough decline	-98.16%	-80.36%	-17.80%
Max Drawdown (1Y) Largest decline over 1 year	-76.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-76.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-76.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.25%	—	—
Current Drawdown Current decline from peak	-85.31%	-43.26%	-42.05%
Average Drawdown Average peak-to-trough decline	-79.86%	-44.30%	-35.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.92%	—	—

Volatility

Volatility by Period

	AGQ	ASTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	133.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	120.79%	211.58%	-90.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.68%	211.58%	-136.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.66%	211.58%	-145.92%

AGQ vs. ASTX - Expense Ratio Comparison

AGQ has a 0.93% expense ratio, which is lower than ASTX's 1.30% expense ratio.

Dividends

AGQ vs. ASTX - Dividend Comparison

Neither AGQ nor ASTX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AGQ and ASTX in my portfolio?

AGQ and ASTX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AGQ or ASTX?

On fees, AGQ is cheaper at 0.93% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGQ or ASTX?

AGQ is cheaper with a 0.93% expense ratio, compared with 1.30% for ASTX.

Which ETF pays a higher dividend yield, AGQ or ASTX?

AGQ and ASTX have nearly identical dividend yields, around 0.00%.

What is the main difference between AGQ and ASTX?

AGQ is categorized as Silver, while ASTX is Leveraged Equities. They also come from different issuers: ProShares and Tradr. Their fees differ too: 0.93% for AGQ and 1.30% for ASTX.