GOOG vs. GGLL

Last updated Apr 1, 2026

Compare and contrast key facts about Alphabet Inc (GOOG) and Direxion Daily GOOGL Bull 2X Shares (GGLL).

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.

Performance

GOOG vs. GGLL - Performance Comparison

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

GOOG vs. GGLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GOOG Alphabet Inc	-8.52%	65.42%	35.62%	58.83%	-19.69%
GGLL Direxion Daily GOOGL Bull 2X Shares	-18.90%	123.07%	48.88%	81.20%	-30.35%

Returns By Period

In the year-to-date period, GOOG achieves a -8.52% return, which is significantly higher than GGLL's -18.90% return.

GOOG

• 1D: 5.02%
• 1M: -7.82%
• YTD: -8.52%
• 6M: 17.94%
• 1Y: 84.25%
• 3Y*: 40.63%
• 5Y*: 22.03%
• 10Y*: 22.67%

GGLL

• 1D: 10.22%
• 1M: -16.24%
• YTD: -18.90%
• 6M: 28.40%
• 1Y: 186.52%
• 3Y*: 57.93%
• 5Y*: —
• 10Y*: —

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

Return for Risk

GOOG vs. GGLL — Risk / Return Rank

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

GOOG

GOOG Risk / Return Rank: 95
GOOG Sharpe Ratio Rank: 96
GOOG Sortino Ratio Rank: 96
GOOG Omega Ratio Rank: 94
GOOG Calmar Ratio Rank: 91
GOOG Martin Ratio Rank: 95

GGLL

GGLL Risk / Return Rank: 96
GGLL Sharpe Ratio Rank: 98
GGLL Sortino Ratio Rank: 97
GGLL Omega Ratio Rank: 94
GGLL Calmar Ratio Rank: 97
GGLL Martin Ratio Rank: 97

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.

GOOG vs. GGLL - Risk-Adjusted Trends Comparison

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

	GOOG	GGLL	Difference
Sharpe ratio Return per unit of total volatility	2.82	3.08	-0.26
Sortino ratio Return per unit of downside risk	3.77	3.47	+0.30
Omega ratio Gain probability vs. loss probability	1.47	1.43	+0.04
Calmar ratio Return relative to maximum drawdown	4.07	4.88	-0.81
Martin ratio Return relative to average drawdown	15.83	18.04	-2.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOOG vs. GGLL - Sharpe Ratio Comparison

The current GOOG Sharpe Ratio is 2.82, which is comparable to the GGLL Sharpe Ratio of 3.08. The chart below compares the historical Sharpe Ratios of GOOG and GGLL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GOOG	GGLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.82	3.08	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.75	+0.01

Correlation

The correlation between GOOG and GGLL is 0.99, 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.

Dividends

GOOG vs. GGLL - Dividend Comparison

GOOG's dividend yield for the trailing twelve months is around 0.29%, less than GGLL's 5.63% yield.

	TTM	2025	2024	2023	2022
GOOG Alphabet Inc	0.29%	0.26%	0.32%	0.00%	0.00%
GGLL Direxion Daily GOOGL Bull 2X Shares	5.63%	4.16%	3.29%	2.05%	0.59%

Drawdowns

GOOG vs. GGLL - Drawdown Comparison

The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum GGLL drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for GOOG and GGLL.

Drawdown Indicators

	GOOG	GGLL	Difference
Max Drawdown Largest peak-to-trough decline	-44.60%	-52.81%	+8.21%
Max Drawdown (1Y) Largest decline over 1 year	-20.75%	-38.39%	+17.64%
Max Drawdown (5Y) Largest decline over 5 years	-44.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.60%	—	—
Current Drawdown Current decline from peak	-16.77%	-32.09%	+15.32%
Average Drawdown Average peak-to-trough decline	-8.96%	-15.49%	+6.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.33%	10.38%	-5.05%

Volatility

GOOG vs. GGLL - Volatility Comparison

The current volatility for Alphabet Inc (GOOG) is 8.69%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 18.25%. This indicates that GOOG experiences smaller price fluctuations and is considered to be less risky than GGLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOG	GGLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.69%	18.25%	-9.56%
Volatility (6M) Calculated over the trailing 6-month period	19.30%	39.37%	-20.07%
Volatility (1Y) Calculated over the trailing 1-year period	30.09%	60.98%	-30.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.71%	55.13%	-24.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.73%	55.13%	-26.40%