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AGQ vs. SLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AGQSLV
YTD Return3.57%3.35%
1Y Return-4.19%5.04%
3Y Return (Ann)-13.36%-0.99%
5Y Return (Ann)2.83%9.86%
10Y Return (Ann)-7.94%1.75%
Sharpe Ratio-0.040.26
Daily Std Dev48.25%23.70%
Max Drawdown-98.16%-76.28%
Current Drawdown-96.15%-52.04%

Correlation

1.00
-1.001.00

The correlation between AGQ and SLV is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

AGQ vs. SLV - Performance Comparison

In the year-to-date period, AGQ achieves a 3.57% return, which is significantly higher than SLV's 3.35% return. Over the past 10 years, AGQ has underperformed SLV with an annualized return of -7.94%, while SLV has yielded a comparatively higher 1.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%0.00%50.00%100.00%150.00%OctoberNovemberDecember2024FebruaryMarch
-38.29%
141.67%
AGQ
SLV

Compare stocks, funds, or ETFs


ProShares Ultra Silver

iShares Silver Trust

AGQ vs. SLV - Expense Ratio Comparison

AGQ has a 0.93% expense ratio, which is higher than SLV's 0.50% expense ratio.

AGQ
ProShares Ultra Silver
0.50%1.00%1.50%2.00%0.93%
0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

AGQ vs. SLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Silver (AGQ) and iShares Silver Trust (SLV). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AGQ
ProShares Ultra Silver
-0.04
SLV
iShares Silver Trust
0.26

AGQ vs. SLV - Sharpe Ratio Comparison

The current AGQ Sharpe Ratio is -0.04, which is lower than the SLV Sharpe Ratio of 0.26. The chart below compares the 12-month rolling Sharpe Ratio of AGQ and SLV.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
-0.04
0.26
AGQ
SLV

Dividends

AGQ vs. SLV - Dividend Comparison

Neither AGQ nor SLV has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

AGQ vs. SLV - Drawdown Comparison

The maximum AGQ drawdown since its inception was -98.16%, which is greater than SLV's maximum drawdown of -76.28%. The drawdown chart below compares losses from any high point along the way for AGQ and SLV


-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%OctoberNovemberDecember2024FebruaryMarch
-96.15%
-52.04%
AGQ
SLV

Volatility

AGQ vs. SLV - Volatility Comparison

ProShares Ultra Silver (AGQ) has a higher volatility of 14.06% compared to iShares Silver Trust (SLV) at 6.85%. This indicates that AGQ's price experiences larger fluctuations and is considered to be riskier than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%OctoberNovemberDecember2024FebruaryMarch
14.06%
6.85%
AGQ
SLV