PAAS vs. AGQ
Compare and contrast key facts about Pan American Silver Corp. (PAAS) and ProShares Ultra Silver (AGQ).
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: PAAS or AGQ.
Key characteristics
| PAAS | AGQ | |
|---|---|---|
| YTD Return | 37.12% | 42.73% |
| 1Y Return | 71.60% | 58.93% |
| 3Y Return (Ann) | -5.28% | -2.41% |
| 5Y Return (Ann) | 5.53% | 5.94% |
| 10Y Return (Ann) | 9.82% | -0.67% |
| Sharpe Ratio | 1.47 | 0.96 |
| Sortino Ratio | 2.19 | 1.60 |
| Omega Ratio | 1.25 | 1.19 |
| Calmar Ratio | 1.04 | 0.62 |
| Martin Ratio | 5.55 | 3.62 |
| Ulcer Index | 12.48% | 16.64% |
| Daily Std Dev | 47.00% | 63.02% |
| Max Drawdown | -85.10% | -98.16% |
| Current Drawdown | -39.01% | -94.69% |
Correlation
The correlation between PAAS and AGQ is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PAAS vs. AGQ - Performance Comparison
In the year-to-date period, PAAS achieves a 37.12% return, which is significantly lower than AGQ's 42.73% return. Over the past 10 years, PAAS has outperformed AGQ with an annualized return of 9.82%, while AGQ has yielded a comparatively lower -0.67% 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
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.
Dividends
PAAS vs. AGQ - Dividend Comparison
PAAS's dividend yield for the trailing twelve months is around 1.82%, while AGQ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAAS Pan American Silver Corp. | 1.82% | 2.45% | 2.75% | 1.36% | 0.64% | 0.59% | 0.96% | 0.64% | 0.34% | 4.23% | 5.43% | 4.27% |
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. For additional features, visit the drawdowns tool.
Volatility
PAAS vs. AGQ - Volatility Comparison
The current volatility for Pan American Silver Corp. (PAAS) is 14.92%, while ProShares Ultra Silver (AGQ) has a volatility of 21.60%. This indicates that PAAS experiences smaller price fluctuations and is considered to be less risky than AGQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.