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AGQ: Silver's Round Trip From $121 To $58 Is Exactly Why This 2x ETF Is A Sell

ProShares Ultra Silver ETF is rated Sell due to structural decay from its 2x daily-reset leverage, not because of a bearish silver outlook. AGQ consistently underperforms unlevered silver ETFs like SLV and SIVR, delivering only about 24% return versus SLV's 56% over the past year. Over nearly 17 years, AGQ compounded at 2% annually versus SIVR's 8.44%, turning $10,000 into $14,100 versus $39,600, highlighting…

Seeking Alpha • Aug 4, 2026

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