SILJ vs. AGQ
Compare and contrast key facts about ETFMG Prime Junior Silver Miners ETF (SILJ) and ProShares Ultra Silver (AGQ).
SILJ and AGQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SILJ is a passively managed fund by ETFMG that tracks the performance of the Prime Junior Silver Miners & Explorers Index. It was launched on Nov 28, 2012. AGQ is a passively managed fund by ProShares that tracks the performance of the Bloomberg Silver (-200%). It was launched on Dec 1, 2008. Both SILJ and AGQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILJ or AGQ.
Key characteristics
| SILJ | AGQ | |
|---|---|---|
| YTD Return | 17.50% | 38.02% |
| 1Y Return | 38.08% | 43.40% |
| 3Y Return (Ann) | -6.68% | -3.49% |
| 5Y Return (Ann) | 3.13% | 5.43% |
| 10Y Return (Ann) | 3.87% | -1.01% |
| Sharpe Ratio | 1.18 | 0.85 |
| Sortino Ratio | 1.78 | 1.50 |
| Omega Ratio | 1.21 | 1.18 |
| Calmar Ratio | 0.80 | 0.55 |
| Martin Ratio | 4.57 | 3.21 |
| Ulcer Index | 10.39% | 16.72% |
| Daily Std Dev | 40.27% | 63.12% |
| Max Drawdown | -79.04% | -98.16% |
| Current Drawdown | -39.45% | -94.87% |
Correlation
The correlation between SILJ and AGQ is 0.72, 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
SILJ vs. AGQ - Performance Comparison
In the year-to-date period, SILJ achieves a 17.50% return, which is significantly lower than AGQ's 38.02% return. Over the past 10 years, SILJ has outperformed AGQ with an annualized return of 3.87%, while AGQ has yielded a comparatively lower -1.01% 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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SILJ vs. AGQ - Expense Ratio Comparison
SILJ has a 0.69% expense ratio, which is lower than AGQ's 0.93% expense ratio.
Risk-Adjusted Performance
SILJ vs. AGQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Junior Silver Miners ETF (SILJ) 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
SILJ vs. AGQ - Dividend Comparison
SILJ's dividend yield for the trailing twelve months is around 0.01%, while AGQ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILJ ETFMG Prime Junior Silver Miners ETF | 0.01% | 0.01% | 0.06% | 0.36% | 1.23% | 1.45% | 1.65% | 0.00% | 0.52% | 2.45% | 0.00% | 0.10% |
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
SILJ vs. AGQ - Drawdown Comparison
The maximum SILJ drawdown since its inception was -79.04%, smaller than the maximum AGQ drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for SILJ and AGQ. For additional features, visit the drawdowns tool.
Volatility
SILJ vs. AGQ - Volatility Comparison
The current volatility for ETFMG Prime Junior Silver Miners ETF (SILJ) is 13.58%, while ProShares Ultra Silver (AGQ) has a volatility of 21.76%. This indicates that SILJ 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.