ProShares Ultra Silver

10-Year Study

AGQ.US · · US · ETF

Executive Summary: ProShares Ultra Silver has compounded at 14.2% annually over the last 10 years, with a maximum drawdown of 70.9% and an annualized volatility of 84.6%.

1Y CAGR
+256.9%
3Y CAGR
+66.6%
5Y CAGR
+19.7%
10Y CAGR
+14.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
70.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.51
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.11
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
60.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +360.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -32.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20263.220.7-38.28.1————————-16.7%
202520.6-5.320.1-14.51.918.02.120.031.03.835.644.5360.7%
2024-8.9-2.619.310.130.5-10.2-2.9-2.114.78.4-12.9-11.823.9%
2023-2.7-23.631.47.3-13.1-7.516.8-3.7-18.85.020.5-12.8-15.1%
2022-7.817.92.1-17.5-11.6-12.9-0.7-23.812.2-0.434.315.2-7.9%
20211.0-5.7-15.811.416.5-13.5-5.8-13.0-15.416.3-10.24.0-32.3%
20200.8-16.5-30.89.548.0-1.870.227.2-34.21.7-10.835.262.0%
20196.8-6.6-6.9-2.8-5.69.812.026.1-15.312.1-12.49.420.0%
20184.1-10.8-1.1-0.70.5-4.3-7.4-13.51.3-5.4-1.818.0-22.1%
201721.18.3-2.0-11.00.5-8.41.88.4-11.10.4-3.85.75.5%
2016———32.8-20.337.115.8-16.84.8-13.7-16.3-7.7-2.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 84.6%. The dominant macroeconomic risk driver is VTI.US, accounting for 34.1% of variance. Idiosyncratic stock-specific factors contribute 20.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0113284.582571602681
2016-05-0110591.102985984155
2016-06-0114524.680073126145
2016-07-0116822.05971968312
2016-08-0113988.42169408897
2016-09-0114658.744667885436
2016-10-0112656.916514320535
2016-11-0110597.196831200488
2016-12-019777.574649603901
2017-01-0111840.341255332114
2017-02-0112824.497257769654
2017-03-0112562.461913467398
2017-04-0111185.252894576479
2017-05-0111246.191346739792
2017-06-0110304.692260816575
2017-07-0110490.554539914685
2017-08-0111368.068251066423
2017-09-0110100.548446069468
2017-10-0110143.205362583789
2017-11-019759.293113954905
2017-12-0110314.137720901888
2018-01-0110737.355271176113
2018-02-019576.477757464962
2018-03-019472.882388787324
2018-04-019405.850091407678
2018-05-019448.507007921999
2018-06-019037.781840341255
2018-07-018372.943327239489
2018-08-017242.535039609994
2018-09-017333.942717854967
2018-10-016937.842778793418
2018-11-016809.872029250458
2018-12-018034.73491773309
2019-01-018577.087141986594
2019-02-018010.3595368677625
2019-03-017458.866544789763
2019-04-017251.675807434491
2019-05-016843.388177940281
2019-06-017510.66422912858
2019-07-018415.60024375381
2019-08-0110609.38452163315
2019-09-018982.32784887264
2019-10-0110067.032297379645
2019-11-018817.794028031689
2019-12-019643.510054844606
2020-01-019722.730042656916
2020-02-018120.04875076173
2020-03-015618.525289457648
2020-04-016151.736745886655
2020-05-019104.204753199268
2020-06-018936.624009750152
2020-07-0115210.237659963437
2020-08-0119351.005484460697
2020-09-0112726.995734308348
2020-10-0112946.374162096283
2020-11-0111553.930530164533
2020-12-0115624.61913467398
2021-01-0115786.106032906764
2021-02-0114881.170018281538
2021-03-0112522.851919561244
2021-04-0113951.85862279098
2021-05-0116249.23826934796
2021-06-0114052.407068860452
2021-07-0113241.92565508836
2021-08-0111517.367458866544
2021-09-019747.105423522242
2021-10-0111337.599024984765
2021-11-0110176.721511273612
2021-12-0110585.009140767825
2022-01-019756.24619134674
2022-02-0111499.085923217552
2022-03-0111739.792809262646
2022-04-019686.166971358927
2022-05-018564.89945155393
2022-06-017455.819622181596
2022-07-017400.975015234613
2022-08-015636.8068251066425
2022-09-016325.411334552103
2022-10-016301.035953686776
2022-11-018464.351005484461
2022-12-019750.152346130408
2023-01-019485.070079219988
2023-02-017242.535039609994
2023-03-019515.539305301645
2023-04-0110210.237659963437
2023-05-018872.638634978672
2023-06-018211.456429006703
2023-07-019591.71237050579
2023-08-019232.17550274223
2023-09-017498.476538695917
2023-10-017873.2480195003045
2023-11-019491.16392443632
2023-12-018278.488726386351
2024-01-017541.133455210237
2024-02-017343.083485679464
2024-03-018756.855575868372
2024-04-019640.46313223644
2024-05-0112580.743449116391
2024-06-0111301.035953686778
2024-07-0110971.968312004874
2024-08-0110746.49603900061
2024-09-0112321.755027422303
2024-10-0113354.661791590492
2024-11-0111636.197440585007
2024-12-0110258.988421694088
2025-01-0112370.505789152958
2025-02-0111709.323583180985
2025-03-0114064.594759293112
2025-04-0112026.203534430224
2025-05-0112257.76965265082
2025-06-0114469.83546617916
2025-07-0114771.480804387567
2025-08-0117730.042656916514
2025-09-0123229.7379646557
2025-10-0124107.251675807438
2025-11-0132699.573430834855
2025-12-0147263.863497867154
2026-01-0148796.465569774526
2026-02-0158918.342474101155
2026-03-0136413.77209018891
2026-04-0139372.33394271785
Annual Return Matrix
YearAnnual Return
20170.054876908694297066
2018-0.22099790257304064
20190.2002275312855517
20200.6202211690363351
2021-0.3225429017160686
2022-0.07887161773172147
2023-0.15093749999999995
20240.23923444976076547
20253.607068607068607
2026-0.1669675090252708
Total Factor Risk
0.8460182256880658
VTI.US Exposure
0.3409527521379591
VEA.US Exposure
0.06571850830561805
VWO.US Exposure
-0.016301521545054095
QQQ.US Exposure
-0.02175029187376243
VTV.US Exposure
-0.040376181689689906
IJR.US Exposure
-0.021753195160678956
QUAL.US Exposure
0.02628487755157981
SHV.US Exposure
0.15793694983832232
TLT.US Exposure
0.03530594195801578
LQD.US Exposure
-0.013855560874986916
HYG.US Exposure
-0.004946109837102076
GLD.US Exposure
0.18535870669764984
USO.US Exposure
0.005162854612604842
VNQ.US Exposure
0.002674253848714675
BTC-USD.CC Exposure
0.0036422704470431525
CPER.US Exposure
0.08359952082176879
VIX.INDX Exposure
0.025251083563433786
UUP.US Exposure
-0.01368592193191875
TIP.US Exposure
-0.0029864122111662684
Idiosyncratic Exposure
0.20376747534164918
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
84.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-5.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+14.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
67.7% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.74
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is ProShares Ultra Silver a high-risk investment?

ProShares Ultra Silver (AGQ.US) has an annualized volatility of 84.6% and experienced a maximum drawdown of 70.9% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of AGQ.US?

Over the past 10 years, AGQ.US has generated a Compound Annual Growth Rate (CAGR) of 14.2%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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