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AGQ vs DDM

ProShares Ultra Silver

AGQCNYSE Arca

ProShares Ultra Dow30

DDMBNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

AGQ0.95%DDM0.95%

Avg volume · 30D

AGQ 14.2×the volume

AGQ2.62MDDM185K

10Y return · a year

DDM +18.7pt

AGQ+0.5%DDM+19.2%

AGQ vs DDM Performance

Oct 29, 2021 – Oct 30, 2026

+17.6%AGQ+68.8%DDM

Oct 29, 2021 to Oct 30, 2026. AGQ +17.6%. DDM +68.8%. Use the arrow keys to read each point.200%400%600%800%1,000%Oct 2021Apr 2024Oct 2026
Expense ratio
AGQ 0.95%
DDM 0.95%
Fund size
AGQ $847M
DDM $507M
1Y total return
AGQ −44.7%
DDM +13.4%, better
Yield (12M)
AGQ No data
DDM 0.98%
Holdings
AGQ 1
DDM 34
Avg volume (30D)
AGQ 2.62M sh, better
DDM 185K sh
NAV per share
AGQ $43.55
DDM $62.99
52W range

ETF.net Grade

AGQ: Cost 51, Risk 26, Mission not scored, Tradability 60, Holdings not scored, Durability 80. DDM: Cost 51, Risk 79, Mission 92, Tradability 93, Holdings 53, Durability 79.
Pillar letters and Scores for AGQ, DDM, with each pillar’s weight
PillarAGQDDM
Cost30% weightC51C51
Mission25% weightNot scoredA92
Risk15% weightD26A79Higher
Tradability15% weightB60A93Higher
Holdings10% weightNot scoredC53
Durability5% weightA80HigherA79

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AGQ and DDM are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

DDM ranks 4th and AGQ 28th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 5BUSDProShares Ultra SemiconductorsScore 68
  6. Rank 27CUCCProShares Ultra Consumer DiscretionaryScore 50
  7. Rank 28CAGQProShares Ultra SilverScore 49
  8. Rank 28CUVXYProShares Ultra VIX Short-Term Futures ETFScore 49

Our read on each fund

ETF.net Research

AGQCProShares Ultra Silver

DDMBProShares Ultra Dow30

In short

AGQ Silver with the volume turned up. Since 2008, AGQ has aimed to double silver's daily move using futures and swaps instead of bullion, and ProShares bills it as the only ETF built on 2x the Bloomberg Silver Subindex.

DDM The Dow dates to 1896. DDM is the only ETF built to double its daily move: 2x the Dow Jones Industrial Average, reset every single day, for 0.95% a year, running since 2006.

Stated mandate

AGQ The fund seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the Bloomberg Silver Subindex. It obtains this exposure through futures and swaps rather than directly holding silver.

DDM The fund seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the Dow Jones Industrial Average.

Why people hold it

  • AGQ ProShares bills it as the only ETF targeting 2x the daily move of the Bloomberg Silver Subindex, a mandate it has run since December 2008.proshares.com
  • Fees run 0.95% a year, below the median for leveraged funds, which is notable for a strategy built on futures and swaps.
  • Actively traded, which matters for a tool designed to be used day by day rather than parked.
  • Sits among the stronger implementations in a crowded leveraged-bull field.
  • DDM The only ETF that targets 2x the daily return of the Dow Jones Industrial Average. Leveraged blue-chip exposure through one ticker, no margin account needed.proshares.com
  • Trading since 2006, and its day-to-day results have stayed close to the 2x daily target across nearly two decades of market cycles.proshares.com
  • Easy to get in and out of for a fund its size, and one of the strongest implementations in its peer group of leveraged bull funds.
  • The 0.95% fee sits near the typical charge for leveraged funds, and it is the standing rate, not a number propped up by a temporary waiver.

Worth knowing

  • AGQ The 2x target resets each day, so multi-day results can drift well away from twice silver's move, and choppy stretches chew value even if silver ends flat.proshares.com
  • It is a commodity pool, not a 1940 Act fund, so shareholders get a Schedule K-1 at tax time instead of a 1099.proshares.com
  • Exposure comes from silver futures and swaps, not metal in a vault, and the fund is not built to pay income.
  • DDM The 2x target resets daily. Hold for weeks and compounding takes over, so results can land well away from twice the Dow's move, especially in choppy markets.proshares.com
  • The Dow is price-weighted across 30 blue chips, so a high-priced stock swings it more than a far larger company does.spglobal.com
  • Sibling leveraged funds cost a little less: QLD charges 0.89% net of a waiver through September 30, 2027, against a 0.96% gross rate.

Full AGQ profile⁠

Full DDM profile⁠

AGQ vs DDM Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AGQ vs DDM Cost

Same expense ratio

$17,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AGQ 0.95%

    $17,869

  • DDM 0.95%

    $17,869

$10,000
30 years

Cost over time

  • AGQ 0.95%
  • DDM 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AGQ $17,869DDM $17,869

Year by year

YearAGQDDM
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%AGQ
  • 0.95%DDM
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

AGQ 32nd cheapest of 95 funds

DDM 32nd cheapest of 95 funds

AGQ vs DDM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AGQ No data
DDM 0.98%
Payout (12M)
AGQ None
DDM $0.62
Last payment
AGQ No data
DDM $0.15
Ex-dividend
AGQ No data
DDM Sep 23, 2026
Paid on
AGQ No data
DDM Sep 29, 2026
Frequency
AGQ No data
DDM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AGQAll AGQ payments⁠

No distribution history available.

DDMQuarterly · 33 paymentsAll DDM payments⁠
One bar per payment. 33 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.04; Jun 21, 2017 $0.03; Sep 27, 2017 $0.04; Dec 26, 2017 $0.04; Mar 21, 2018 $0.03; Jun 20, 2018 $0.03; Sep 26, 2018 $0.06; Dec 26, 2018 $0.04; Mar 20, 2019 $0.04; Jun 25, 2019 $0.05; Dec 24, 2019 $0.07; Mar 25, 2020 $0.06; Jun 24, 2020 $0.0055; Dec 23, 2020 $0.02; Mar 23, 2021 $0.01; Sep 22, 2021 $0.0052; Dec 23, 2021 $0.05; Mar 23, 2022 $0.07; Jun 22, 2022 $0.04; Sep 21, 2022 $0.04; Dec 22, 2022 $0.12; Dec 20, 2023 $0.11; Mar 20, 2024 $0.12; Jun 26, 2024 $0.13; Sep 25, 2024 $0.14; Dec 23, 2024 $0.09; Mar 26, 2025 $0.13; Jun 25, 2025 $0.13; Sep 24, 2025 $0.15; Dec 24, 2025 $0.14; Mar 25, 2026 $0.16; Jun 24, 2026 $0.17; Sep 23, 2026 $0.15. Use the arrow keys to read each point.$0$0.202017202020232026YTD

AGQ vs DDM Risk

Fall from peak · 5 years

  • AGQ
  • DDM
Oct 29, 2021 to Oct 30, 2026. Worst fall: AGQ −89.1% · Oct 2026. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
AGQ 70.3%DDM 24.6%, better
Return per unit of riskSharpe ratio, 3 years
AGQ 0.54DDM 0.96, better
Worst fallMax drawdown, 5 years
AGQ −89.1%DDM −40.2%, better
Market sensitivityBeta, 5 years
AGQ 0.98DDM 1.74

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