GGLL vs. GOOW

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily GOOGL Bull 2X Shares (GGLL) and Roundhill GOOGL WeeklyPay™ ETF (GOOW).

GGLL and GOOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GGLL is a passively managed fund by Direxion that tracks the performance of the Alphabet Inc. Class A (200%). It was launched on Sep 6, 2022. GOOW is an actively managed fund by Roundhill. It was launched on Jul 24, 2025.

Performance

GGLL vs. GOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily GOOGL Bull 2X Shares (GGLL) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). The values are adjusted to include any dividend payments, if applicable.

GGLL vs. GOOW - Yearly Performance Comparison

	2026 (YTD)	2025
GGLL Direxion Daily GOOGL Bull 2X Shares	-13.29%	145.75%
GOOW Roundhill GOOGL WeeklyPay™ ETF	-6.83%	75.51%

Returns By Period

In the year-to-date period, GGLL achieves a -13.29% return, which is significantly lower than GOOW's -6.83% return.

GGLL

• 1D: 6.92%
• 1M: -7.36%
• YTD: -13.29%
• 6M: 35.38%
• 1Y: 197.12%
• 3Y*: 61.49%
• 5Y*: —
• 10Y*: —

GOOW

• 1D: 4.18%
• 1M: -3.52%
• YTD: -6.83%
• 6M: 23.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GGLL vs. GOOW - Expense Ratio Comparison

GGLL has a 1.05% expense ratio, which is higher than GOOW's 0.99% expense ratio.

GGLL

Direxion Daily GOOGL Bull 2X Shares

GOOW

Roundhill GOOGL WeeklyPay™ ETF

Return for Risk

GGLL vs. GOOW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGLL

GGLL Risk / Return Rank: 96
GGLL Sharpe Ratio Rank: 98
GGLL Sortino Ratio Rank: 97
GGLL Omega Ratio Rank: 93
GGLL Calmar Ratio Rank: 97
GGLL Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GGLL vs. GOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily GOOGL Bull 2X Shares (GGLL) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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.

	GGLL	GOOW	Difference
Sharpe ratio Return per unit of total volatility	3.24	—	—
Sortino ratio Return per unit of downside risk	3.58	—	—
Omega ratio Gain probability vs. loss probability	1.44	—	—
Calmar ratio Return relative to maximum drawdown	5.37	—	—
Martin ratio Return relative to average drawdown	19.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GGLL	GOOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	2.96	-2.17

Correlation

The correlation between GGLL and GOOW is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GGLL vs. GOOW - Dividend Comparison

GGLL's dividend yield for the trailing twelve months is around 5.26%, less than GOOW's 33.30% yield.

	TTM	2025	2024	2023	2022
GGLL Direxion Daily GOOGL Bull 2X Shares	5.26%	4.16%	3.29%	2.05%	0.59%
GOOW Roundhill GOOGL WeeklyPay™ ETF	33.30%	19.77%	0.00%	0.00%	0.00%

Drawdowns

GGLL vs. GOOW - Drawdown Comparison

The maximum GGLL drawdown since its inception was -52.81%, which is greater than GOOW's maximum drawdown of -24.88%. Use the drawdown chart below to compare losses from any high point for GGLL and GOOW.

Drawdown Indicators

	GGLL	GOOW	Difference
Max Drawdown Largest peak-to-trough decline	-52.81%	-24.88%	-27.93%
Max Drawdown (1Y) Largest decline over 1 year	-38.39%	—	—
Current Drawdown Current decline from peak	-27.39%	-16.70%	-10.69%
Average Drawdown Average peak-to-trough decline	-15.51%	-4.80%	-10.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.52%	—	—

Volatility

Volatility by Period

	GGLL	GOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.32%	35.44%	+25.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.21%	35.44%	+19.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.21%	35.44%	+19.77%