Proshares Ultra Silver Etf Profile
| AGQ Etf | USD 41.78 0.70 1.65% |
PerformanceInsignificant
| Odds Of DistressLow
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ProShares Ultra is selling at 41.78 as of the 16th of February 2025; that is 1.65% down since the beginning of the trading day. The etf's last reported lowest price was 41.5. ProShares Ultra has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments based on the benchmark. Ultra Silver is traded on NYSEARCA Exchange in the United States. More on ProShares Ultra Silver
Moving together with ProShares Etf
ProShares Etf Highlights
| Thematic Idea | Precious Metals ETFs (View all Themes) |
| Old Name | Alien Metals Limited |
| Business Concentration | Precious Metals ETFs, Trading--Leveraged Commodities, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2008-12-01 |
| Benchmark | Bloomberg Silver Subindex |
| Entity Type | Partnership |
| Asset Under Management | 622.63 Million |
| Average Trading Valume | 2.19 Million |
| Asset Type | Commodities |
| Category | Precious Metals |
| Focus | Silver |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | ProShare Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alexander Ilyasov |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Trustee | Wilmington Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 17.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.95 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 24.09 |
| Name | ProShares Ultra Silver |
| Currency Code | USD |
| Open Figi | BBG000F7KQG0 |
| In Threey Volatility | 53.11 |
| 1y Volatility | 49.22 |
| 200 Day M A | 38.809 |
| 50 Day M A | 38.4618 |
| Code | AGQ |
| Updated At | 16th of February 2025 |
ProShares Ultra Silver [AGQ] is traded in USA and was established 2008-12-01. The fund is classified under Trading--Leveraged Commodities category within ProShares family. The entity is thematically classified as Precious Metals ETFs. ProShares Ultra Silver presently have 319.9 M in assets under management (AUM). , while the total return for the last 3 years was 5.1%.
Check ProShares Ultra Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Ultra Silver Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ProShares Ultra Silver Etf Constituents
| Bloomberg Silver Subindex Swap - Ubs Ag | 32.889998% |
| Bloomberg Silver Subindex Swap - Ms | 36.82% |
| Bloomberg Silver Subindex Swap - Goldman Sachs | 39.52% |
| Bloomberg Silver Subindex Swap - Citibank Na | 46.89% |
| Silver Future Sep21 | 43.88% |
ProShares Ultra Silver Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0342 | |||
| Jensen Alpha | 0.1073 | |||
| Total Risk Alpha | 0.1026 | |||
| Sortino Ratio | 0.032 |
ProShares Ultra Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Silver. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of ProShares Ultra Silver is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.