Direxion Daily GOOGL Bear 1X Shares (GGLS) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GGLS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GGLS
GGLS charges 1.09% annually. There are 57 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 230.47M | Jun 2016 | GGLS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | GGLS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | GGLS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | GGLS vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | GGLS vs SKRE |
Best Risk-Adjusted Alternatives to GGLS
GGLS has a PortfoliosLab risk / return rank of 0. There are 62 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 49.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 49 | 4.71M | Oct 2024 | GGLS vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 97.46M | Sep 2024 | GGLS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 40 | 28.39M | Aug 2024 | GGLS vs SMST | |
| -1x Short VIX Futures ETF | 37 | 195.06M | Mar 2022 | GGLS vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 35 | 36.86M | Jul 2024 | GGLS vs FIAT |
Top Performing GGLS Alternatives (YTD)
GGLS is at -19.25% YTD. There are 39 ETFs in the Inverse Equities category with higher YTD returns, going as high as 38.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 38.93% | 110.91M | Jul 2022 | GGLS vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 37.39% | 33.39M | Aug 2023 | GGLS vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 35.10% | 34.80M | Oct 2023 | GGLS vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 28.69% | 81.35M | Aug 2022 | GGLS vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 24.17% | 40.54M | Dec 2024 | GGLS vs PLTD |
Lowest Volatility Alternatives to GGLS
GGLS has 32.43% 1-year volatility. There are 22 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.26% | 2.34M | Dec 2024 | GGLS vs BRKD | |
| ProShares Short Dow30 | 12.57% | 100.13M | Jun 2006 | GGLS vs DOG | |
| ProShares Short S&P500 | 12.78% | 927.71M | Jun 2006 | GGLS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.94% | 230.47M | Jun 2016 | GGLS vs SPDN | |
| Gotham Short Strategies ETF | 14.19% | 12.30M | Jul 2017 | GGLS vs SHRT |
Lowest Drawdown Alternatives to GGLS
GGLS has a 1-year max drawdown of -53.32%. There are 41 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | GGLS vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | GGLS vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | GGLS vs EMTY | |
| ProShares Short Dow30 | -14.32% | 100.13M | Jun 2006 | GGLS vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | GGLS vs SPDN |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $20B.
Often Compared With GGLS
Investors most often compare GGLS with PTIR, PLTU, MSFY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare GGLS with Any Fund or Stock
Compare GGLS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GGLS with funds that move differently
Direxion Daily GOOGL Bear 1X Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GGLS.
Explore GGLS Diversifiers