Direxion Daily GOOGL Bear 1X Shares (GGLS)
GGLS is a passive ETF by Direxion tracking the investment results of the Alphabet Inc. Class A (--100%). GGLS launched on Sep 6, 2022 and has a 1.09% expense ratio.
ETF Info
US25461A6010
Sep 6, 2022
North America (U.S.)
1x
Alphabet Inc. Class A (--100%)
Expense Ratio
GGLS has a high expense ratio of 1.09%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily GOOGL Bear 1X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily GOOGL Bear 1X Shares (GGLS) returned 16.20% year-to-date (YTD) and 0.39% over the past 12 months.
GGLS
16.20%
-3.96%
6.19%
0.39%
N/A
N/A
^GSPC (Benchmark)
-5.31%
-0.76%
-4.21%
10.59%
14.55%
10.23%
Monthly Returns
The table below presents the monthly returns of GGLS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -7.22% | 19.03% | 9.57% | -3.96% | 16.20% | ||||||||
| 2024 | -0.41% | 1.28% | -8.07% | -8.24% | -5.21% | -4.93% | 6.11% | 5.39% | -1.58% | -2.69% | 0.87% | -11.25% | -26.50% |
| 2023 | -11.12% | 8.02% | -13.38% | -3.19% | -12.82% | 2.89% | -9.98% | -2.22% | 4.55% | 4.79% | -5.86% | -5.01% | -37.72% |
| 2022 | 12.51% | -0.15% | -7.80% | 14.18% | 18.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GGLS is 32, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily GOOGL Bear 1X Shares (GGLS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily GOOGL Bear 1X Shares provided a 3.87% dividend yield over the last twelve months, with an annual payout of $0.54 per share.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.54 | $0.52 | $1.00 | $0.06 |
Dividend yield | 3.87% | 4.30% | 5.80% | 0.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily GOOGL Bear 1X 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.10 | $0.00 | $0.10 | ||||||||
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.52 |
| 2023 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.19 | $1.00 |
| 2022 | $0.01 | $0.00 | $0.00 | $0.05 | $0.06 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily GOOGL Bear 1X 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 Bear 1X Shares was 60.69%, occurring on Feb 4, 2025. The portfolio has not yet recovered.
The current Direxion Daily GOOGL Bear 1X Shares drawdown is 50.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.69% | Nov 4, 2022 | 563 | Feb 4, 2025 | — | — | — |
| -8.73% | Oct 3, 2022 | 17 | Oct 25, 2022 | 2 | Oct 27, 2022 | 19 |
| -4.3% | Oct 28, 2022 | 1 | Oct 28, 2022 | 2 | Nov 1, 2022 | 3 |
| -2.67% | Sep 28, 2022 | 1 | Sep 28, 2022 | 2 | Sep 30, 2022 | 3 |
| -2.32% | Sep 9, 2022 | 1 | Sep 9, 2022 | 2 | Sep 13, 2022 | 3 |
Volatility
Volatility Chart
The current Direxion Daily GOOGL Bear 1X Shares volatility is 14.37%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.