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

Correlation

The correlation between PAAS and AGQ is 0.21, 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

PAAS vs. AGQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pan American Silver Corp. (PAAS) and ProShares Ultra Silver (AGQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PAAS:

0.42

AGQ:

0.13

Sortino Ratio

PAAS:

0.89

AGQ:

0.38

Omega Ratio

PAAS:

1.11

AGQ:

1.05

Calmar Ratio

PAAS:

0.42

AGQ:

-0.03

Martin Ratio

PAAS:

1.70

AGQ:

-0.14

Ulcer Index

PAAS:

11.93%

AGQ:

18.31%

Daily Std Dev

PAAS:

51.13%

AGQ:

63.00%

Max Drawdown

PAAS:

-85.10%

AGQ:

-98.16%

Current Drawdown

PAAS:

-26.51%

AGQ:

-93.89%

Returns By Period

In the year-to-date period, PAAS achieves a 30.48% return, which is significantly lower than AGQ's 32.67% return. Over the past 10 years, PAAS has outperformed AGQ with an annualized return of 12.59%, while AGQ has yielded a comparatively lower 1.50% annualized return.


PAAS

YTD

30.48%

1M

11.61%

6M

23.64%

1Y

21.08%

3Y*

5.97%

5Y*

0.82%

10Y*

12.59%

AGQ

YTD

32.67%

1M

17.09%

6M

18.05%

1Y

8.19%

3Y*

15.20%

5Y*

9.64%

10Y*

1.50%

*Annualized

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Pan American Silver Corp.

ProShares Ultra Silver

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

PAAS vs. AGQ — Risk-Adjusted Performance Rank

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

PAAS
The Risk-Adjusted Performance Rank of PAAS is 6666
Overall Rank
The Sharpe Ratio Rank of PAAS is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of PAAS is 6262
Sortino Ratio Rank
The Omega Ratio Rank of PAAS is 6161
Omega Ratio Rank
The Calmar Ratio Rank of PAAS is 6969
Calmar Ratio Rank
The Martin Ratio Rank of PAAS is 7070
Martin Ratio Rank

AGQ
The Risk-Adjusted Performance Rank of AGQ is 1818
Overall Rank
The Sharpe Ratio Rank of AGQ is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of AGQ is 2323
Sortino Ratio Rank
The Omega Ratio Rank of AGQ is 2222
Omega Ratio Rank
The Calmar Ratio Rank of AGQ is 1414
Calmar Ratio Rank
The Martin Ratio Rank of AGQ is 1313
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PAAS vs. AGQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pan American Silver Corp. (PAAS) and ProShares Ultra Silver (AGQ). 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.


The current PAAS Sharpe Ratio is 0.42, which is higher than the AGQ Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of PAAS and AGQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

PAAS vs. AGQ - Dividend Comparison

PAAS's dividend yield for the trailing twelve months is around 1.53%, while AGQ has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
PAAS
Pan American Silver Corp.
1.53%1.98%2.45%2.75%1.36%0.64%0.59%0.96%0.64%0.34%4.23%5.43%
AGQ
ProShares Ultra Silver
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PAAS vs. AGQ - Drawdown Comparison

The maximum PAAS drawdown since its inception was -85.10%, smaller than the maximum AGQ drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for PAAS and AGQ.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

PAAS vs. AGQ - Volatility Comparison

Pan American Silver Corp. (PAAS) has a higher volatility of 22.13% compared to ProShares Ultra Silver (AGQ) at 17.08%. This indicates that PAAS's price experiences larger fluctuations and is considered to be riskier than AGQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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