Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, ProShares Ultra Silver
With that in mind, let's take a closer look at ProShares Ultra Silver and see what CAPS investors are saying about the ETF right now.
ProShares Ultra Silver facts
|Total Net Assets||$931.4 million|
|Investment Approach||Seeks to provide daily investment results that correspond to twice (200%) the daily performance of silver bullion as measured by the U.S. dollar fixing price for delivery in London.|
|Year-to-Date / 1-Year / 3-Year Returns||32.6% / (50.9%) / 23.4%|
iShares Silver Trust
ETFS Physical Silver
Global X Silver Miners
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 43% of the 129 All-Star members who have rated ProShares Ultra Silver believe the ETF will underperform the S&P 500 going forward.
Silver production has been growing for about the past decade, at the same time that demand for photographic purposes has declined. If prices remain high, industrial uses will also decline due to alternative methods. The previous high prices are not sustainable. Also, it's a leveraged ETF with an expense ratio, so it will inevitably degrade over time with any sort of volatility.
If you want market-thumping returns, you need to protect your portfolio from any undue risk. Luckily, our special report on ETFs highlights three funds that are poised to soar in the next recovery. It's 100% free, but won't last forever, so click here to access it now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.