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GGLL vs. MSFT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GGLL and MSFT is 0.75, 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.


Performance

GGLL vs. MSFT - Performance Comparison

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

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Key characteristics

Sharpe Ratio

GGLL:

-0.55

MSFT:

0.28

Sortino Ratio

GGLL:

-0.52

MSFT:

0.63

Omega Ratio

GGLL:

0.94

MSFT:

1.08

Calmar Ratio

GGLL:

-0.66

MSFT:

0.34

Martin Ratio

GGLL:

-1.30

MSFT:

0.75

Ulcer Index

GGLL:

26.57%

MSFT:

10.69%

Daily Std Dev

GGLL:

61.34%

MSFT:

25.63%

Max Drawdown

GGLL:

-52.81%

MSFT:

-69.39%

Current Drawdown

GGLL:

-49.09%

MSFT:

-5.62%

Returns By Period

In the year-to-date period, GGLL achieves a -40.67% return, which is significantly lower than MSFT's 4.30% return.


GGLL

YTD

-40.67%

1M

-2.21%

6M

-35.00%

1Y

-32.52%

5Y*

N/A

10Y*

N/A

MSFT

YTD

4.30%

1M

15.05%

6M

4.25%

1Y

6.59%

5Y*

19.74%

10Y*

26.80%

*Annualized

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Risk-Adjusted Performance

GGLL vs. MSFT — Risk-Adjusted Performance Rank

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

GGLL
The Risk-Adjusted Performance Rank of GGLL is 44
Overall Rank
The Sharpe Ratio Rank of GGLL is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of GGLL is 55
Sortino Ratio Rank
The Omega Ratio Rank of GGLL is 55
Omega Ratio Rank
The Calmar Ratio Rank of GGLL is 11
Calmar Ratio Rank
The Martin Ratio Rank of GGLL is 22
Martin Ratio Rank

MSFT
The Risk-Adjusted Performance Rank of MSFT is 6161
Overall Rank
The Sharpe Ratio Rank of MSFT is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of MSFT is 5656
Sortino Ratio Rank
The Omega Ratio Rank of MSFT is 5555
Omega Ratio Rank
The Calmar Ratio Rank of MSFT is 6767
Calmar Ratio Rank
The Martin Ratio Rank of MSFT is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GGLL vs. MSFT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily GOOGL Bull 2X Shares (GGLL) and Microsoft Corporation (MSFT). 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.


The current GGLL Sharpe Ratio is -0.55, which is lower than the MSFT Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of GGLL and MSFT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GGLL vs. MSFT - Dividend Comparison

GGLL's dividend yield for the trailing twelve months is around 5.64%, more than MSFT's 0.72% yield.


TTM20242023202220212020201920182017201620152014
GGLL
Direxion Daily GOOGL Bull 2X Shares
5.64%3.29%2.05%0.59%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MSFT
Microsoft Corporation
0.72%0.73%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%2.48%

Drawdowns

GGLL vs. MSFT - Drawdown Comparison

The maximum GGLL drawdown since its inception was -52.81%, smaller than the maximum MSFT drawdown of -69.39%. Use the drawdown chart below to compare losses from any high point for GGLL and MSFT. For additional features, visit the drawdowns tool.


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Volatility

GGLL vs. MSFT - Volatility Comparison

Direxion Daily GOOGL Bull 2X Shares (GGLL) has a higher volatility of 23.44% compared to Microsoft Corporation (MSFT) at 10.59%. This indicates that GGLL's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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