This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
AI-extracted from the 10-Q filed 2026-08-07 — H1 2026 (six months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
ProShares Trust II's combined shareholder equity fell 20.2% to $4.56B as leveraged and inverse commodity/VIX funds posted $723.9M net loss from sharp reversals in gold, silver, and crude oil positions.
Biggest Revenue Drivers
Interest income$72.7M+16% YoY
Interest earned on short-term U.S. government obligations and cash holdings
Dividend income from affiliates$21.5Mnew in 2026
Income from ProShares GENIUS Money Market ETF investments held for liquidity purposes
Biggest Revenue Drivers
Total revenue: $94.3M+50% YoY
Interest income$72.7M+16% YoY
Interest earned on short-term U.S. government obligations and cash holdings
Dividend income from affiliates$21.5Mnew in 2026
Income from ProShares GENIUS Money Market ETF investments held for liquidity purposes
Largest Expense Items
Management fee$29.9M+86% YoY
0.95% annualized on average daily NAV of Geared/Leveraged Funds; 0.85% on Matching VIX Funds
Brokerage commissions$4.3M+4% YoY
Transaction costs for futures and derivatives trading
Futures account fees$0.4M-24% YoY
NFA and exchange fees on CFTC-regulated futures positions
Watch Items from the Filing
Leveraged funds face extreme downside risk: a 50% single-day adverse move in any benchmark could result in near-total loss of investor capital, as documented for Ultra/UltraShort funds with 2x leverage.
Counterparty concentration with swap dealers: Goldman Sachs, UBS AG, and Citibank N.A. are primary counterparties on $229M net unrealized depreciation in swap agreements; no limits on percentage of assets per counterparty.
Contango/backwardation risk: Gold and silver exhibit persistent contango; crude oil experienced extraordinary contango in April 2020 (negative May WTI price) and extreme backwardation in summer 2022, eroding fund values via adverse rolling costs.
Compounding decay on leveraged holdings: Six-month returns for Ultra/UltraShort funds diverged significantly from stated multiples due to daily rebalancing and volatility—e.g., Ultra Silver -56.0% vs. commodity gains; Ultra Bloomberg Crude Oil +68.5%.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About ProShares Trust II (AGQ): stock profile, AI score and financials
ProShares Trust II (AGQ) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. AGQ is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q2 2026), ProShares Trust II reports quarterly revenue of $49.7M, net income of $-1.2B. Top institutional holders of AGQ by reported 13-F value include Runnymede Capital Advisors, Gotham Asset Management, Tyche Wealth Partners, based on the most recent SEC filings. AGQ trades on the NYSE exchange and files with the SEC under CIK 1415311. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AGQ daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ProShares Trust II directly from SEC EDGAR.