PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AGQ vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


AGQBTC-USD
YTD Return40.85%49.49%
1Y Return46.40%106.82%
3Y Return (Ann)-5.62%22.18%
5Y Return (Ann)9.07%39.89%
10Y Return (Ann)-6.08%59.82%
Sharpe Ratio0.754.55
Daily Std Dev57.07%38.91%
Max Drawdown-98.16%-93.07%
Current Drawdown-94.76%-13.55%

Correlation

-0.50.00.51.00.1

The correlation between AGQ and BTC-USD is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

AGQ vs. BTC-USD - Performance Comparison

In the year-to-date period, AGQ achieves a 40.85% return, which is significantly lower than BTC-USD's 49.49% return. Over the past 10 years, AGQ has underperformed BTC-USD with an annualized return of -6.08%, while BTC-USD has yielded a comparatively higher 59.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%2024FebruaryMarchAprilMayJune
36.37%
46.88%
AGQ
BTC-USD

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ProShares Ultra Silver

Bitcoin

Risk-Adjusted Performance

AGQ vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Silver (AGQ) and Bitcoin (BTC-USD). 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
Sharpe ratio
The chart of Sharpe ratio for AGQ, currently valued at 1.33, compared to the broader market0.002.004.006.001.33
Sortino ratio
The chart of Sortino ratio for AGQ, currently valued at 1.96, compared to the broader market0.005.0010.001.96
Omega ratio
The chart of Omega ratio for AGQ, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.24
Calmar ratio
The chart of Calmar ratio for AGQ, currently valued at 0.38, compared to the broader market0.005.0010.0015.0020.000.38
Martin ratio
The chart of Martin ratio for AGQ, currently valued at 5.67, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.67
BTC-USD
Sharpe ratio
The chart of Sharpe ratio for BTC-USD, currently valued at 4.55, compared to the broader market0.002.004.006.004.55
Sortino ratio
The chart of Sortino ratio for BTC-USD, currently valued at 4.30, compared to the broader market0.005.0010.004.30
Omega ratio
The chart of Omega ratio for BTC-USD, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.003.501.47
Calmar ratio
The chart of Calmar ratio for BTC-USD, currently valued at 2.59, compared to the broader market0.005.0010.0015.0020.002.59
Martin ratio
The chart of Martin ratio for BTC-USD, currently valued at 32.18, compared to the broader market0.0020.0040.0060.0080.00100.00120.0032.18

AGQ vs. BTC-USD - Sharpe Ratio Comparison

The current AGQ Sharpe Ratio is 0.75, which is lower than the BTC-USD Sharpe Ratio of 4.55. The chart below compares the 12-month rolling Sharpe Ratio of AGQ and BTC-USD.


Rolling 12-month Sharpe Ratio0.002.004.006.002024FebruaryMarchAprilMayJune
1.33
4.55
AGQ
BTC-USD

Drawdowns

AGQ vs. BTC-USD - Drawdown Comparison

The maximum AGQ drawdown since its inception was -98.16%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for AGQ and BTC-USD. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%2024FebruaryMarchAprilMayJune
-94.76%
-13.55%
AGQ
BTC-USD

Volatility

AGQ vs. BTC-USD - Volatility Comparison

ProShares Ultra Silver (AGQ) has a higher volatility of 26.29% compared to Bitcoin (BTC-USD) at 7.16%. This indicates that AGQ's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%2024FebruaryMarchAprilMayJune
26.29%
7.16%
AGQ
BTC-USD