
Both 2x silver ETFs, ProShares Ultra Silver and UltraShort Silver, have sharply lost value in 2026 due to volatility decay.
ProShares Ultra Silver (AGQ) and ProShares UltraShort Silver (ZSL) are leveraged ETFs aiming for 2x long and 2x short daily exposure to silver, respectively. Despite their opposite strategies, both have lost significant value in 2026—AGQ down 58.74% ...

