GGLL vs. MSFT
Compare and contrast key facts about Direxion Daily GOOGL Bull 2X Shares (GGLL) and Microsoft Corporation (MSFT).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GGLL or MSFT.
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
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Key characteristics
GGLL:
-0.55
MSFT:
0.28
GGLL:
-0.52
MSFT:
0.63
GGLL:
0.94
MSFT:
1.08
GGLL:
-0.66
MSFT:
0.34
GGLL:
-1.30
MSFT:
0.75
GGLL:
26.57%
MSFT:
10.69%
GGLL:
61.34%
MSFT:
25.63%
GGLL:
-52.81%
MSFT:
-69.39%
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
-40.67%
-2.21%
-35.00%
-32.52%
N/A
N/A
MSFT
4.30%
15.05%
4.25%
6.59%
19.74%
26.80%
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Risk-Adjusted Performance
GGLL vs. MSFT — Risk-Adjusted Performance Rank
GGLL
MSFT
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.
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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.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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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