AGQ: Important Considerations For This Highly Leveraged Silver ETF (NYSEARCA:AGQ)

Tamer Soliman/iStock via Getty ImagesIntroduction to the ProShares Ultra Silver ETF The ProShares Ultra Silver ETF (AGQ), which is sponsored by ProShares Capital Management LLC [PCML], began trading on the NYSE on December 1, 2008. Since its inception, AGQ has garnered total assets under management [AUM] of over $2.1B. AGQ does not make any distributions and charges an expense ratio of 0.95%. What Does AGQ Do? AGQ belongs to the category of geared ETFs (or more appropriately referred to as leveraged ETF ...