GGLL vs. MUU

Last updated Jun 24, 2026

GGLL (Direxion Daily GOOGL Bull 2X Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion - GGLL tracks the Alphabet Inc. Class A (200%) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a 0.10 correlation, their price movements are largely independent. GGLL charges 0.96%/yr vs 1.01%/yr for MUU.

Performance

GGLL vs. MUU - Performance Comparison

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

Returns By Period

GGLL

• 1D: -2.70%
• 1M: -20.13%
• YTD: 11.40%
• 6M: 10.14%
• 1Y: 265.53%
• 3Y*: 62.75%
• 5Y*: —
• 10Y*: —

MUU

• 1D: -26.28%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GGLL vs. MUU - Yearly Performance Comparison

	2026 (YTD)
GGLL Direxion Daily GOOGL Bull 2X Shares	-13.20%
MUU Direxion Daily MU Bull 2X Shares	-12.11%

Correlation

The correlation between GGLL and MUU is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.10

Return for Risk

GGLL vs. MUU — 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: 94
GGLL Omega Ratio Rank: 90
GGLL Calmar Ratio Rank: 94
GGLL Martin Ratio Rank: 93

MUU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily GOOGL Bull 2X Shares (GGLL) and Direxion Daily MU Bull 2X Shares (MUU). 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	MUU	Difference
Sharpe ratio: Return per unit of total volatility	4.51	—	—
Sortino ratio: Return per unit of downside risk	4.55	—	—
Omega ratio: Gain probability vs. loss probability	1.55	—	—
Calmar ratio: Return relative to maximum drawdown	6.97	—	—
Martin ratio: Return relative to average drawdown	22.42	—	—

Drawdowns

GGLL vs. MUU - Drawdown Comparison

The maximum GGLL drawdown since its inception was -52.81%, which is greater than MUU's maximum drawdown of -26.28%. Use the drawdown chart below to compare losses from any high point for GGLL and MUU.

Drawdown Indicators

	GGLL	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-52.81%	-26.28%	-26.53%
Max Drawdown (1Y) Largest decline over 1 year	-38.39%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-52.81%	—	—
Current Drawdown Current decline from peak	-28.02%	-26.28%	-1.74%
Average Drawdown Average peak-to-trough decline	-15.22%	-10.19%	-5.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.91%	—	—

Volatility

Volatility by Period

	GGLL	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	42.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	59.29%	295.32%	-236.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.23%	295.32%	-239.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.23%	295.32%	-239.09%

GGLL vs. MUU - Expense Ratio Comparison

GGLL has a 0.96% expense ratio, which is lower than MUU's 1.01% expense ratio.

Dividends

GGLL vs. MUU - Dividend Comparison

GGLL's dividend yield for the trailing twelve months is around 4.10%, while MUU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GGLL Direxion Daily GOOGL Bull 2X Shares	4.10%	4.16%	3.29%	2.05%	0.59%
MUU Direxion Daily MU Bull 2X Shares	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGLL and MUU in my portfolio?

GGLL and MUU have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGLL or MUU?

On fees, GGLL is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGLL or MUU?

GGLL is cheaper with a 0.96% expense ratio, compared with 1.01% for MUU.

Which ETF pays a higher dividend yield, GGLL or MUU?

GGLL has the higher dividend yield at 4.10%, compared with 0.00% for MUU.

What is the main difference between GGLL and MUU?

GGLL tracks Alphabet Inc. Class A (200%), while MUU tracks Micron Technology, Inc. (200% Daily). Their fees differ too: 0.96% for GGLL and 1.01% for MUU.