ProShares - Ultra Silver
AGQ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Dec 4, 2008
- CIK
- 0001415311
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Ultra Silver (AGQ), issued by ProShares Trust II and managed by ProShare Advisors LLC, seeks daily investment results that correspond to two times (2x) the daily performance of the Bloomberg Silver Subindex. The fund achieves this objective through investments in derivatives, including COMEX silver futures contracts, total return swaps with counterparties such as Citibank NA, UBS AG, Morgan Stanley, and Goldman Sachs, and forward contracts; it operates as a commodities pool without taking physical possession of silver and rolls futures positions over five business days in specified months. ProShares Ultra Silver provides leveraged exposure to silver prices for sophisticated investors pursuing short-term tactical strategies, with an expense ratio of 0.95%, quarterly distributions, and options trading availability; it generates a K-1 tax form due to its structure. The fund, domiciled in the United States, trades on NYSE Arca and targets institutional and retail investors interested in commodities, particularly those with a bullish short-term outlook on silver amid factors like industrial demand and supply deficits. ProShare Advisors LLC, founded in 2006 and headquartered in Bethesda, Maryland, serves as the primary advisor for ProShares Ultra Silver, with distribution handled by SEI Investments Distribution Co.; the firm manages over $100 billion in assets across a broad lineup of leveraged, inverse, and thematic ETFs. ProShares, the brand encompassing these products, pioneered leveraged and inverse ETFs and operates globally accessible products through U.S. exchanges, focusing on strategies in commodities, equities, fixed income, and cryptocurrencies. Recent developments include ProShares surpassing $100 billion in assets under management in October 2025, reflecting strong inflows and demand for its geared products; the firm expanded its distribution team in September 2025 with key hires of Regional Vice Presidents Chad Brand, Mike Hart, and Matt Zorumski to cover California, New York, and Florida, enhancing advisor support amid growth. In October 2025, ProShares launched its first interval fund with at least 80% allocation to private equity strategies including buyouts, growth equity, and secondaries, marking a strategic diversification beyond daily-resetting ETFs. The company also opened a new office in New York’s Hudson Yards and bolstered its senior leadership to support ongoing product innovation and market expansion.