AGQ vs. BTC-USD
Compare and contrast key facts about ProShares Ultra Silver (AGQ) and Bitcoin (BTC-USD).
AGQ is a passively managed fund by ProShares that tracks the performance of the Bloomberg Silver (-200%). It was launched on Dec 1, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGQ or BTC-USD.
Key characteristics
| AGQ | BTC-USD | |
|---|---|---|
| YTD Return | 33.31% | 54.67% |
| 1Y Return | 15.39% | 123.67% |
| 3Y Return (Ann) | -5.28% | 22.86% |
| 5Y Return (Ann) | 5.31% | 45.95% |
| 10Y Return (Ann) | -6.23% | 60.02% |
| Sharpe Ratio | 0.32 | 2.29 |
| Daily Std Dev | 57.35% | 40.17% |
| Max Drawdown | -98.16% | -93.07% |
| Current Drawdown | -95.04% | -10.55% |
Correlation
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 33.31% return, which is significantly lower than BTC-USD's 54.67% return. Over the past 10 years, AGQ has underperformed BTC-USD with an annualized return of -6.23%, while BTC-USD has yielded a comparatively higher 60.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Volatility
AGQ vs. BTC-USD - Volatility Comparison
ProShares Ultra Silver (AGQ) has a higher volatility of 15.07% compared to Bitcoin (BTC-USD) at 13.77%. 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.