AGQProShares Ultra Silver
Seeks daily investment results, before fees and expenses, equal to two times (2x) the daily performance of the Bloomberg Silver Subindex.
By ProShares · Launched 2008
1.29%
#5,533 of 5,861 · expensive
$1.3B
#1,013 of 5,861 · large
+30.5%
17 years
#628 of 5,861 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results, before fees and expenses, equal to two times (2x) the daily performance of the Bloomberg Silver Subindex.
- Strategy
- The principal investment strategy of the ProShares Ultra Silver involves investing in financial instruments such as futures contracts, swap agreements, and options that provide exposure to its benchmark, the Bloomberg Silver Subindex SM, in a manner consistent with its daily investment objective. The fund employs leverage to achieve its investment objective and does not seek to achieve its stated objective over periods longer than a single day.
- Inception date
- December 1, 2008
- Fund family
- ProShares
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've looked at AGQ. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04