AGQ vs. QTUM
AGQ (ProShares Ultra Silver) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - AGQ is a Silver fund tracking the Bloomberg Silver Subindex (200%), while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. Both are passively managed. Over the past 5 years, AGQ returned 8.02%/yr vs 24.56%/yr for QTUM. Their 0.26 correlation means their historical movements had little consistent relationship. AGQ charges 0.93%/yr vs 0.40%/yr for QTUM.
Performance
AGQ vs. QTUM - Performance Comparison
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Returns By Period
In the year-to-date period, AGQ achieves a -58.79% return, which is significantly lower than QTUM's 29.28% return.
AGQ
- 1D
- -4.43%
- 1M
- -6.44%
- 6M
- -60.08%
- YTD
- -58.79%
- 1Y
- 31.87%
- 3Y*
- 28.23%
- 5Y*
- 8.02%
- 10Y*
- 1.23%
- ALL TIME*
- 1.91%
QTUM
- 1D
- 0.67%
- 1M
- -11.92%
- 6M
- 22.33%
- YTD
- 29.28%
- 1Y
- 55.03%
- 3Y*
- 39.51%
- 5Y*
- 24.56%
- 10Y*
- —
- ALL TIME*
- 25.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $125.84M | $135.44M | $281.05M | |
| $54.21M | $61.13M | $111.15M |
AGQ vs. QTUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AGQ ProShares Ultra Silver | -58.79% | 360.71% | 23.92% | -15.09% | -7.89% | -32.25% | 62.02% | 20.02% | 16.42% |
QTUM Defiance Quantum ETF | 29.28% | 36.65% | 50.54% | 39.86% | -28.80% | 35.18% | 42.05% | 47.99% | -19.44% |
Correlation
The correlation between AGQ and QTUM is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2018 | 0.26 |
The correlation between AGQ and QTUM shifts across timeframes, from 0.26 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AGQ vs. QTUM — Risk / Return Rank
AGQ
QTUM
AGQ vs. QTUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Silver (AGQ) and Defiance Quantum ETF (QTUM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGQ | QTUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.29 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 2.57 | -2.19 |
| Martin ratioReturn relative to average drawdown | 0.62 | 9.41 | -8.79 |
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Drawdowns
AGQ vs. QTUM - Drawdown Comparison
The maximum AGQ drawdown since its inception was -98.16%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for AGQ and QTUM.
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Drawdown Indicators
| AGQ | QTUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.16% | -38.45% | -59.71% |
Max Drawdown (1Y)Largest decline over 1 year | -85.13% | -21.51% | -63.62% |
Max Drawdown (3Y)Largest decline over 3 years | -85.13% | -25.39% | -59.74% |
Max Drawdown (5Y)Largest decline over 5 years | -85.13% | -38.45% | -46.68% |
Max Drawdown (10Y)Largest decline over 10 years | -85.13% | — | — |
Current DrawdownCurrent decline from peak | -91.25% | -16.16% | -75.09% |
Average DrawdownAverage peak-to-trough decline | -79.93% | -8.27% | -71.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.43% | 5.87% | +45.56% |
Volatility
AGQ vs. QTUM - Volatility Comparison
ProShares Ultra Silver (AGQ) has a higher volatility of 22.86% compared to Defiance Quantum ETF (QTUM) at 11.38%. This indicates that AGQ's price experiences larger fluctuations and is considered to be riskier than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGQ | QTUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.86% | 11.38% | +11.48% |
Volatility (6M)Calculated over the trailing 6-month period | 127.92% | 26.47% | +101.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 125.49% | 31.67% | +93.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.26% | 27.69% | +48.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.42% | 27.69% | +38.73% |
AGQ vs. QTUM - Expense Ratio Comparison
AGQ has a 0.93% expense ratio, which is higher than QTUM's 0.40% expense ratio.
Dividends
AGQ vs. QTUM - Dividend Comparison
AGQ has not paid dividends to shareholders, while QTUM's dividend yield for the trailing twelve months is around 0.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AGQ ProShares Ultra Silver | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QTUM Defiance Quantum ETF | 0.83% | 1.01% | 0.61% | 0.81% | 1.46% | 0.48% | 0.42% | 0.61% | 0.21% |
Frequently Asked Questions
AGQ and QTUM have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGQ has higher volatility (22.86%) compared to QTUM (11.38%). In terms of maximum drawdown, AGQ dropped -98.16% vs QTUM's -38.45%.
On 5-year performance, QTUM leads with 24.56% vs 8.02% for AGQ. On fees, QTUM is cheaper at 0.40% per year. On volatility, QTUM has been the lower-risk option at 11.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QTUM has performed better with a 24.56% return vs 8.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QTUM is cheaper with a 0.40% expense ratio, compared with 0.93% for AGQ.
QTUM has the higher dividend yield at 0.83%, compared with 0.00% for AGQ.
AGQ is categorized as Silver, while QTUM is Technology Equities. AGQ tracks Bloomberg Silver Subindex (200%), while QTUM tracks BlueStar Machine Learning and Quantum Computing Index. They also come from different issuers: ProShares and Defiance. Their fees differ too: 0.93% for AGQ and 0.40% for QTUM.
QTUM currently has the higher Sharpe Ratio (1.75 vs 0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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