AGQ vs IVV

AGQ vs IVV
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Quick Verdict

IVV has a lower expense ratio. AGQ delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: AGQMore Diversified: IVV

Side-by-Side Comparison

MetricAGQIVVWinner
Expense Ratio0.95%0.03%
AUM$1.4B$907.0B
Dividend Yield0.00%1.10%
Holdings7508
YTD Return-46.11%+12.28%
1Y Return+70.39%+20.94%
3Y Return (annualized)+47.04%+21.81%
5Y Return (annualized)+20.11%+13.05%
Volatility (annualized)65.5%15.1%
Max Drawdown-98.2%-56.5%
Fund FamilyProSharesiShares by BlackRock (US)
CategoryAlternativeEquity
InceptionDec 1, 2008May 15, 2000

AGQ vs IVV Performance

ProShares Ultra Silver (AGQ) is a ETF from ProShares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AGQ returned +70.39% while IVV returned +20.94%. Year to date, AGQ is down 46.11% versus a gain of 12.28% for IVV.

Over three years, AGQ compounded at +47.04% per year against +21.81% for IVV; over five years the annualized figures are +20.11% and +13.05% respectively. Across the full 18-year window we track, IVV has the edge at +6.98% annualized vs +3.76%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AGQ has been the more volatile fund, with annualized monthly volatility of 65.5% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -98.2% for AGQ and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.26. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AGQ charges 0.95% per year while IVV charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, AGQ currently yields 0.00% against 1.10% for IVV.

Holdings Overlap

0.0%overlap

AGQ and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, AGQ or IVV?

AGQ has an expense ratio of 0.95% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, AGQ or IVV?

Over the past year AGQ returned +70.39% vs +20.94% for IVV, so AGQ leads on 1-year performance. Over the longest common window we track (18 years), AGQ annualized +3.76% vs +6.98% for IVV. Past performance does not guarantee future results.

Which is riskier, AGQ or IVV?

AGQ has been the more volatile fund at 65.5% annualized versus 15.1% for IVV. Worst drawdown: AGQ -98.2% vs IVV -56.5%.

Should I hold both AGQ and IVV?

AGQ and IVV have a monthly-return correlation of 0.26, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AGQ and IVV?

AGQ and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, AGQ or IVV?

AGQ yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.

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