GOOGL vs. TSLL
GOOGL (Alphabet Inc. Class A) is a stock, while TSLL (Direxion Daily TSLA Bull 2X ETF) is Leveraged Equities fund actively managed by Direxion. Over the past 3 years, GOOGL returned 41.85%/yr vs -7.12%/yr for TSLL. At a 0.40 correlation, their price movements are largely independent.
Performance
GOOGL vs. TSLL - Performance Comparison
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Returns By Period
In the year-to-date period, GOOGL achieves a 10.73% return, which is significantly higher than TSLL's -37.67% return.
GOOGL
- 1D
- -1.02%
- 1M
- -9.57%
- YTD
- 10.73%
- 6M
- 10.25%
- 1Y
- 110.13%
- 3Y*
- 41.85%
- 5Y*
- 23.31%
- 10Y*
- 26.13%
TSLL
- 1D
- -12.25%
- 1M
- -22.54%
- YTD
- -37.67%
- 6M
- -46.82%
- 1Y
- -13.37%
- 3Y*
- -7.12%
- 5Y*
- —
- 10Y*
- —
GOOGL vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 10.73% | 65.99% | 36.01% | 58.32% | -24.78% |
TSLL Direxion Daily TSLA Bull 2X ETF | -37.67% | -26.80% | 99.63% | 139.86% | -74.99% |
Correlation
The correlation between GOOGL and TSLL is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 0.40 |
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Return for Risk
GOOGL vs. TSLL — Risk / Return Rank
GOOGL
TSLL
GOOGL vs. TSLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and Direxion Daily TSLA Bull 2X ETF (TSLL). 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.
| GOOGL | TSLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.89 | ||
| Sortino ratioReturn per unit of downside risk | +4.54 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.04 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 5.44 | -0.25 | +5.68 |
| Martin ratioReturn relative to average drawdown | 18.74 | -0.49 | +19.23 |
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Drawdowns
GOOGL vs. TSLL - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for GOOGL and TSLL.
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Drawdown Indicators
| GOOGL | TSLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -82.88% | +17.59% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -54.75% | +34.38% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -82.88% | +53.07% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | — | — |
Current DrawdownCurrent decline from peak | -13.98% | -68.52% | +54.54% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -53.92% | +40.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.90% | 27.78% | -21.88% |
Volatility
GOOGL vs. TSLL - Volatility Comparison
The current volatility for Alphabet Inc. Class A (GOOGL) is 9.50%, while Direxion Daily TSLA Bull 2X ETF (TSLL) has a volatility of 28.98%. This indicates that GOOGL experiences smaller price fluctuations and is considered to be less risky than TSLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOGL | TSLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 28.98% | -19.48% |
Volatility (6M)Calculated over the trailing 6-month period | 21.33% | 56.84% | -35.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.66% | 89.07% | -59.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.47% | 106.91% | -75.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.17% | 106.91% | -77.74% |
Dividends
GOOGL vs. TSLL - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.25%, less than TSLL's 8.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.25% | 0.27% | 0.32% | 0.00% | 0.00% |
TSLL Direxion Daily TSLA Bull 2X ETF | 8.21% | 5.00% | 2.47% | 4.44% | 1.57% |
Frequently Asked Questions
GOOGL and TSLL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLL has higher volatility (28.98%) compared to GOOGL (9.50%). In terms of maximum drawdown, GOOGL dropped -65.29% vs TSLL's -82.88%.
GOOGL currently has the higher Sharpe Ratio (3.74 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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