- ISIN
- US25461A8412
- Issuer
- Direxion
- Inception Date
- Sep 7, 2022
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Alphabet Inc. Class A (200%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $1B
Share Price Chart
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Performance
GGLL Performance Chart
Direxion Daily GOOGL Bull 2X Shares (GGLL) is up 14.5% since the beginning of the year. GGLL is currently trading at $110 per share.
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Returns By Period
Direxion Daily GOOGL Bull 2X Shares (GGLL) has returned 14.50% so far this year and 268.42% over the past 12 months.
Direxion Daily GOOGL Bull 2X Shares
- 1D
- -9.95%
- 1M
- -17.91%
- YTD
- 14.50%
- 6M
- 16.51%
- 1Y
- 268.42%
- 3Y*
- 64.24%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GGLL Monthly Returns History
Based on dividend-adjusted daily data since Sep 7, 2022, GGLL's average daily return is +0.23%, while the average monthly return is +4.94%. At this rate, an investment would double in approximately 1.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2026 with a return of +75.2%, while the worst month was Feb 2025 at -31.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 2 months.
On a daily basis, GGLL closed higher 53% of trading days. The best single day was Apr 26, 2024 with a return of +20.1%, while the worst single day was May 7, 2025 at -14.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 15.81% | -16.40% | -16.24% | 75.21% | -3.47% | -16.52% | 14.50% | ||||||
| 2025 | 14.32% | -31.85% | -18.96% | 2.58% | 14.17% | 4.30% | 17.18% | 21.51% | 28.30% | 32.00% | 27.04% | -5.59% | 123.07% |
| 2024 | -0.88% | -2.51% | 12.93% | 12.26% | 10.87% | 10.62% | -12.66% | -10.78% | 2.07% | 4.94% | -3.78% | 23.38% | 48.88% |
| 2023 | 17.53% | -13.92% | 22.47% | 4.47% | 21.85% | -4.57% | 15.61% | 3.13% | -6.56% | -8.53% | 9.51% | 7.88% | 81.20% |
| 2022 | -18.84% | -3.05% | 9.08% | -18.84% | -30.35% |
Benchmark Metrics
Direxion Daily GOOGL Bull 2X Shares has an annualized alpha of 19.26%, beta of 2.15, and R2 of 0.38 versus S&P 500 Index. Calculated based on daily prices since September 07, 2022.
- This ETF captured 410.49% of S&P 500 Index gains and 215.22% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.38 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 19.26%
- Beta
- 2.15
- R²
- 0.38
- Upside Capture
- 410.49%
- Downside Capture
- 215.22%
Expense Ratio
GGLL has a high expense ratio of 0.96%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GGLL ranks 94 for risk / return — in the top 94% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily GOOGL Bull 2X Shares (GGLL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GGLL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.37 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 7.04 | 2.78 | +4.26 |
| Martin ratioReturn relative to average drawdown | 22.92 | 12.44 | +10.48 |
Dividends
Dividend History
Direxion Daily GOOGL Bull 2X Shares provided a 3.99% dividend yield over the last twelve months, with an annual payout of $4.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $4.39 | $4.03 | $1.50 | $0.65 | $0.11 |
Dividend yield | 3.99% | 4.16% | 3.29% | 2.05% | 0.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily GOOGL Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.00 | $0.58 | ||||||
| 2025 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $3.19 | $4.03 |
| 2024 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.73 | $1.50 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.23 | $0.65 |
| 2022 | $0.01 | $0.00 | $0.00 | $0.10 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily GOOGL Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily GOOGL Bull 2X Shares was 52.81%, occurring on Apr 8, 2025. Recovery took 101 trading sessions.
The current Direxion Daily GOOGL Bull 2X Shares drawdown is 26.02%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -52.81%Apr 2025 | 2mo 2d | 4mo 28d | 7moFeb 2025 - Sep 2025 |
2024 bear market2024 | -41.33%Sep 2024 | 2mo 1d | 4mo 22d | 6mo 23dJul 2024 - Jan 2025 |
2026 bear market2026 | -38.39%Mar 2026 | 1mo 25d | 1mo 1d | 2mo 26dFeb 2026 - Apr 2026 |
Bear market2022 | -35.96%Nov 2022 | 1mo 22d | 6mo 9d | 8mo 1dSep 2022 - May 2023 |
2026 bear market2026 | -26.02%Jun 2026 | 1mo 9d | — | 1mo 10dMay 2026 - now |
Drawdown Indicators
| GGLL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.81% | -56.78% | +3.97% |
Max Drawdown (1Y)Largest decline over 1 year | -38.39% | -9.10% | -29.29% |
Max Drawdown (3Y)Largest decline over 3 years | -52.81% | -18.90% | -33.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -26.02% | -1.80% | -24.22% |
Average DrawdownAverage peak-to-trough decline | -15.21% | -10.71% | -4.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.77% | 2.03% | +9.74% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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