(AGQ) ProShares Ultra Silver - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347W3530

Etf: Leveraged, Inverse, Silver, Derivatives

Total Rating 94
Risk 68
Buy Signal -0.01
Risk 5d forecast
Volatility 194%
Relative Tail Risk -4.09%
Reward TTM
Sharpe Ratio 1.76
Alpha 210.92
Character TTM
Beta 1.042
Beta Downside 1.218
Drawdowns 3y
Max DD 69.53%
CAGR/Max DD 1.06

Description: AGQ ProShares Ultra Silver January 26, 2026

ProShares Ultra Silver (NYSE ARCA: AGQ) is a U.S.–registered leveraged ETF that aims to deliver twice the inverse daily performance of the Bloomberg Silver Index (-200%). It does this by using derivatives-primarily swaps, futures, forwards, and options-rather than holding physical silver, and the mix of contracts can change each trading day at the sponsor’s discretion.

As of the most recent quarterly filing (Q4 2025), AGQ reported approximately $112 million in assets under management, an expense ratio of 0.95 %, and a 30-day SEC yield of -0.12 %. The spot price of silver was around $23.10 per ounce, while the Bloomberg Silver Index had declined -1.4 % over the past month, implying that AGQ’s daily target return would be roughly +2.8 % (subject to compounding effects). Key macro drivers for silver include industrial demand from electronics and renewable-energy sectors, real-interest-rate trends, and U.S. dollar strength.

Because AGQ is a daily-reset leveraged product, its long-term performance can diverge significantly from the simple-multiple of the index due to volatility drag and path dependency. Investors should therefore treat it as a short-term tactical tool rather than a buy-and-hold position, and monitor both the underlying index volatility and the fund’s daily rebalancing schedule.

For a deeper, data-rich assessment of AGQ’s risk-adjusted profile, consider exploring the analytics on ValueRay.

What is the price of AGQ shares?

As of February 09, 2026, the stock is trading at USD 136.61 with a total of 8,610,416 shares traded.
Over the past week, the price has changed by -7.94%, over one month by -24.91%, over three months by +58.46% and over the past year by +231.10%.

Is AGQ a buy, sell or hold?

ProShares Ultra Silver has no consensus analysts rating.

What are the forecasts/targets for the AGQ price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 173.9 27.3%

AGQ Fundamental Data Overview February 02, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 4.36b USD (4.36b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 4.36b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 4.36b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.76% (E(4.36b)/V(4.36b) * Re(9.76%) + (debt-free company))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for AGQ ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle