AGQ vs SMMU

Comparison between ProShares Ultra Silver 2x Shares (AGQ, ETF) and PIMCO SHORT TERM MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND (SMMU, ETF).

5-Year PerformanceAGQ has outperformed SMMU, delivering a return of +18.7% compared to +1.9%

AGQ vs SMMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AGQ(ETF)	SMMU(ETF)
Net Assets	$1.10B	$1.20B
Expense Ratio	N/A	0.35%
Max Drawdown	98.16%	5.87%
Sharpe Ratio	1.15	-1.06
5Y Beta	1.69	0.00
5Y Dividends CAGR	N/A	25.78%

Net Assets

AGQ

$1.10B

Winner

SMMU

$1.20B

Expense Ratio

AGQ

N/A

SMMU

0.35%

Max Drawdown

AGQ

98.16%

Winner

SMMU

5.87%

Sharpe Ratio

Winner

AGQ

1.15

SMMU

-1.06

5Y Beta

AGQ

1.69

Winner

SMMU

0.00

5Y Dividends CAGR

AGQ

N/A

SMMU

25.78%

AGQ vs SMMU - Historical Returns

Returns include dividend reinvestment.

Period	AGQ	SMMU
1 month	+37.46%	+0.46%
3 months	-22.50%	+0.70%
6 months	-47.33%	+0.36%
1 year	+67.29%	+2.61%
5 years(CAGR)	+18.75%	+1.94%
10 years(CAGR)	+6.94%	+1.85%
Max(CAGR)	+3.84%	+1.52%

Winner

AGQ

+37.46%

SMMU

+0.46%

AGQ

-22.50%

Winner

SMMU

+0.70%

AGQ

-47.33%

Winner

SMMU

+0.36%

Winner

AGQ

+67.29%

SMMU

+2.61%

5Y(CAGR)

Winner

AGQ

+18.75%

SMMU

+1.94%

10Y(CAGR)

Winner

AGQ

+6.94%

SMMU

+1.85%

Max(CAGR)

Winner

AGQ

+3.84%

SMMU

+1.52%

AGQ vs SMMU - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	AGQ	SMMU
2026	-45.29%	+1.30%
2025	+340.06%	+4.06%
2024	+25.49%	+2.65%
2023	-15.15%	+4.19%
2022	-4.62%	-2.49%
2021	-36.32%	+0.18%
2020	+59.35%	+2.85%
2019	+19.98%	+3.34%
2018	-24.35%	+1.45%
2017	+0.57%	+1.72%
2016	+18.20%	-0.96%
2015	-29.52%	+0.97%
2014	-42.63%	+0.38%
2013	-65.58%	+0.15%
2012	-7.55%	+1.19%
2011	-46.80%	+1.90%
2010	+161.14%	+0.74%
2009	+71.35%	N/A
2008	+38.16%	N/A

AGQ vs SMMU Drawdown Comparison

The maximum drawdown for AGQ was -98.16%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for SMMU was -5.09%, occurring on Mar 20, 2020. Recovery took 61 trading sessions.

The current AGQ drawdown is -87.82%. The current SMMU drawdown is -0.04%.

Rank	AGQ	SMMU
#1	-98.16% Apr 28, 2011 - Mar 18, 2020	-5.09% Mar 9, 2020 - Jun 4, 2020
#2	-40.86% Dec 2, 2009 - Sep 14, 2010	-4.76% Aug 3, 2021 - Nov 22, 2023
#3	-38.63% Jun 2, 2009 - Sep 10, 2009	-3.53% Aug 31, 2016 - Apr 21, 2017
#4	-35.56% Feb 23, 2009 - May 28, 2009	-1.95% Apr 4, 2025 - Jun 5, 2025
#5	-25.37% Dec 31, 2010 - Feb 17, 2011	-1.87% Apr 19, 2013 - Feb 28, 2014
#6	-19.45% Dec 17, 2008 - Jan 2, 2009	-1.43% Sep 29, 2010 - May 16, 2011
#7	-18.86% Oct 14, 2009 - Nov 16, 2009	-1.31% Sep 5, 2017 - Jul 23, 2018
#8	-18.07% Jan 2, 2009 - Jan 23, 2009	-1.04% Oct 2, 2024 - Dec 3, 2024
#9	-16.29% Nov 8, 2010 - Nov 30, 2010	-1.04% Jun 6, 2017 - Aug 21, 2017
#10	-15.93% Sep 16, 2009 - Oct 7, 2009	-0.98% Dec 6, 2024 - Feb 4, 2025
#11	-12.05% Dec 6, 2010 - Dec 29, 2010	-0.84% Aug 19, 2019 - Dec 13, 2019
#12	-11.71% Oct 14, 2010 - Oct 29, 2010	-0.78% Sep 10, 2018 - Dec 6, 2018
#13	-11.69% Mar 9, 2011 - Mar 22, 2011	-0.77% Feb 27, 2026 - Jun 11, 2026
#14	-9.07% Feb 23, 2011 - Feb 28, 2011	-0.71% Aug 3, 2011 - Aug 18, 2011
#15	-7.63% Apr 25, 2011 - Apr 27, 2011	-0.68% Mar 13, 2024 - May 15, 2024

Correlation

Correlation between AGQ and SMMU is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

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