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

GGLL vs. TSLA

Last updated May 12, 2025

Compare and contrast key facts about Direxion Daily GOOGL Bull 2X Shares (GGLL) and Tesla, Inc. (TSLA).

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 TSLA.

Correlation

The correlation between GGLL and TSLA is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

GGLL vs. TSLA - Performance Comparison

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

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Key characteristics

Daily Std Dev

GGLL:

123.69%

TSLA:

72.07%

Max Drawdown

GGLL:

-15.68%

TSLA:

-73.63%

Current Drawdown

GGLL:

-14.25%

TSLA:

-37.84%

Returns By Period

GGLL

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TSLA

YTD

-26.14%

1M

18.21%

6M

-7.15%

1Y

77.04%

5Y*

40.96%

10Y*

33.88%

*Annualized

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Risk-Adjusted Performance

GGLL vs. TSLA — 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
TSLA
The Risk-Adjusted Performance Rank of TSLA is 8282
Overall Rank
The Sharpe Ratio Rank of TSLA is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLA is 8282
Sortino Ratio Rank
The Omega Ratio Rank of TSLA is 7777
Omega Ratio Rank
The Calmar Ratio Rank of TSLA is 8686
Calmar Ratio Rank
The Martin Ratio Rank of TSLA is 7878
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. TSLA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily GOOGL Bull 2X Shares (GGLL) and Tesla, Inc. (TSLA). 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. TSLA - Dividend Comparison

GGLL's dividend yield for the trailing twelve months is around 5.64%, while TSLA has not paid dividends to shareholders.

TTM202420232022
GGLL
Direxion Daily GOOGL Bull 2X Shares		5.64%0.00%0.00%0.00%
TSLA
Tesla, Inc.		0.00%0.00%0.00%0.00%

Drawdowns

GGLL vs. TSLA - Drawdown Comparison

The maximum GGLL drawdown since its inception was -15.68%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for GGLL and TSLA. For additional features, visit the drawdowns tool.

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Volatility

GGLL vs. TSLA - Volatility Comparison

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