BW vs. GGLL
BW (Babcock & Wilcox Enterprises, Inc.) is a stock, while GGLL (Direxion Daily GOOGL Bull 2X Shares) is Leveraged Equities fund tracking the Alphabet Inc. Class A (200%). Over the past 3 years, BW returned 21.69%/yr vs 63.59%/yr for GGLL. At a 0.21 correlation, their price movements are largely independent.
Performance
BW vs. GGLL - Performance Comparison
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Returns By Period
In the year-to-date period, BW achieves a 62.30% return, which is significantly higher than GGLL's 15.84% return.
BW
- 1D
- -7.98%
- 1M
- -39.69%
- 6M
- 23.83%
- YTD
- 62.30%
- 1Y
- 879.99%
- 3Y*
- 21.69%
- 5Y*
- 8.83%
- 10Y*
- -23.91%
GGLL
- 1D
- -8.96%
- 1M
- -11.55%
- 6M
- 2.86%
- YTD
- 15.84%
- 1Y
- 213.08%
- 3Y*
- 63.59%
- 5Y*
- —
- 10Y*
- —
BW vs. GGLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BW Babcock & Wilcox Enterprises, Inc. | 62.30% | 286.59% | 12.33% | -74.70% | -26.12% |
GGLL Direxion Daily GOOGL Bull 2X Shares | 15.84% | 123.07% | 48.88% | 81.20% | -30.35% |
Correlation
The correlation between BW and GGLL is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | 0.21 |
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Return for Risk
BW vs. GGLL — Risk / Return Rank
BW
GGLL
BW vs. GGLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Babcock & Wilcox Enterprises, Inc. (BW) and Direxion Daily GOOGL Bull 2X Shares (GGLL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| BW | GGLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.47 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 16.80 | 5.59 | +11.21 |
| Martin ratioReturn relative to average drawdown | 52.93 | 16.06 | +36.87 |
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Drawdowns
BW vs. GGLL - Drawdown Comparison
The maximum BW drawdown since its inception was -99.89%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for BW and GGLL.
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Drawdown Indicators
| BW | GGLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.89% | -52.81% | -47.08% |
Max Drawdown (1Y)Largest decline over 1 year | -52.91% | -38.39% | -14.52% |
Max Drawdown (3Y)Largest decline over 3 years | -95.37% | -52.81% | -42.56% |
Max Drawdown (5Y)Largest decline over 5 years | -97.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.85% | — | — |
Current DrawdownCurrent decline from peak | -95.65% | -25.15% | -70.50% |
Average DrawdownAverage peak-to-trough decline | -82.88% | -15.36% | -67.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.76% | 13.33% | +3.43% |
Volatility
BW vs. GGLL - Volatility Comparison
Babcock & Wilcox Enterprises, Inc. (BW) has a higher volatility of 23.45% compared to Direxion Daily GOOGL Bull 2X Shares (GGLL) at 21.63%. This indicates that BW's price experiences larger fluctuations and is considered to be riskier than GGLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BW | GGLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.45% | 21.63% | +1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 85.86% | 44.92% | +40.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 128.03% | 60.88% | +67.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.58% | 56.45% | +54.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 108.29% | 56.45% | +51.84% |
Dividends
BW vs. GGLL - Dividend Comparison
BW's dividend yield for the trailing twelve months is around 4.05%, less than GGLL's 4.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BW Babcock & Wilcox Enterprises, Inc. | 4.05% | 0.00% | 0.00% | 0.00% | 0.00% |
GGLL Direxion Daily GOOGL Bull 2X Shares | 4.25% | 4.16% | 3.29% | 2.05% | 0.59% |
Frequently Asked Questions
BW and GGLL have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BW has higher volatility (23.45%) compared to GGLL (21.63%). In terms of maximum drawdown, BW dropped -99.89% vs GGLL's -52.81%.
BW currently has the higher Sharpe Ratio (6.95 vs 3.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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