GGLL vs. IVT

Last updated Jun 14, 2026

GGLL (Direxion Daily GOOGL Bull 2X Shares) is Leveraged Equities fund tracking the Alphabet Inc. Class A (200%), while IVT (Inventrust Properties Corp) is a stock. Over the past 3 years, GGLL returned 66.50%/yr vs 18.37%/yr for IVT. At a 0.18 correlation, their price movements are largely independent.

Performance

GGLL vs. IVT - Performance Comparison

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

Returns By Period

In the year-to-date period, GGLL achieves a 21.93% return, which is significantly lower than IVT's 25.09% return.

GGLL

• 1D: 1.02%
• 1M: -20.61%
• YTD: 21.93%
• 6M: 23.94%
• 1Y: 256.14%
• 3Y*: 66.50%
• 5Y*: —
• 10Y*: —

IVT

• 1D: -0.03%
• 1M: 11.75%
• YTD: 25.09%
• 6M: 22.53%
• 1Y: 30.09%
• 3Y*: 18.37%
• 5Y*: 97.41%
• 10Y*: 38.56%

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

GGLL vs. IVT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GGLL Direxion Daily GOOGL Bull 2X Shares	21.93%	123.07%	48.88%	81.20%	-30.35%
IVT Inventrust Properties Corp	25.09%	-3.19%	23.02%	11.01%	-7.53%

Correlation

The correlation between GGLL and IVT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022	0.18

The correlation between GGLL and IVT shifts across timeframes, from 0.06 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GGLL vs. IVT — Risk / Return Rank

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

GGLL

GGLL Risk / Return Rank: 94
GGLL Sharpe Ratio Rank: 97
GGLL Sortino Ratio Rank: 95
GGLL Omega Ratio Rank: 92
GGLL Calmar Ratio Rank: 95
GGLL Martin Ratio Rank: 93

IVT

IVT Risk / Return Rank: 85
IVT Sharpe Ratio Rank: 87
IVT Sortino Ratio Rank: 85
IVT Omega Ratio Rank: 82
IVT Calmar Ratio Rank: 86
IVT Martin Ratio Rank: 85

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. IVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily GOOGL Bull 2X Shares (GGLL) and Inventrust Properties Corp (IVT). 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.

	GGLL	IVT	Difference
Sharpe ratio: Return per unit of total volatility	4.33	1.75	+2.58
Sortino ratio: Return per unit of downside risk	4.54	2.54	+2.01
Omega ratio: Gain probability vs. loss probability	1.54	1.30	+0.24
Calmar ratio: Return relative to maximum drawdown	6.60	3.32	+3.28
Martin ratio: Return relative to average drawdown	21.93	8.22	+13.71

GGLL vs. IVT - Sharpe Ratio Comparison

The current GGLL Sharpe Ratio is 4.33, which is higher than the IVT Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of GGLL and IVT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GGLL vs. IVT - Drawdown Comparison

The maximum GGLL drawdown since its inception was -52.81%, smaller than the maximum IVT drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for GGLL and IVT.

Drawdown Indicators

	GGLL	IVT	Difference
Max Drawdown Largest peak-to-trough decline	-52.81%	-100.00%	+47.19%
Max Drawdown (1Y) Largest decline over 1 year	-38.39%	-8.63%	-29.76%
Max Drawdown (3Y) Largest decline over 3 years	-52.81%	-15.71%	-37.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-74.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-99.99%	—
Current Drawdown Current decline from peak	-21.22%	-0.03%	-21.19%
Average Drawdown Average peak-to-trough decline	-15.19%	-41.06%	+25.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.54%	3.50%	+8.04%

Volatility

GGLL vs. IVT - Volatility Comparison

Direxion Daily GOOGL Bull 2X Shares (GGLL) has a higher volatility of 14.31% compared to Inventrust Properties Corp (IVT) at 5.02%. This indicates that GGLL's price experiences larger fluctuations and is considered to be riskier than IVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGLL	IVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.31%	5.02%	+9.29%
Volatility (6M) Calculated over the trailing 6-month period	41.16%	11.16%	+30.00%
Volatility (1Y) Calculated over the trailing 1-year period	58.54%	16.39%	+42.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.99%	423.57%	-367.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.99%	297,800.29%	-297,744.30%

Dividends

GGLL vs. IVT - Dividend Comparison

GGLL's dividend yield for the trailing twelve months is around 3.74%, more than IVT's 2.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGLL Direxion Daily GOOGL Bull 2X Shares	3.74%	4.16%	3.29%	2.05%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IVT Inventrust Properties Corp	2.75%	3.37%	3.00%	3.40%	3.47%	0.82%	1.72%	3.51%	0.00%	1.13%	4.18%	0.77%

Frequently Asked Questions

Can I hold both GGLL and IVT in my portfolio?

GGLL and IVT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGLL or IVT?

GGLL has higher volatility (14.31%) compared to IVT (5.02%). In terms of maximum drawdown, GGLL dropped -52.81% vs IVT's -100.00%.

Which has better risk-adjusted returns?

GGLL currently has the higher Sharpe Ratio (4.33 vs 1.75), 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.