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

Correlation

The correlation between GOOX and GGLL is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

GOOX vs. GGLL

Last updated Jun 3, 2025

Compare and contrast key facts about T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and Direxion Daily GOOGL Bull 2X Shares (GGLL).

GOOX and GGLL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024. 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: GOOX or GGLL.

Performance

GOOX vs. GGLL - Performance Comparison

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

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Key characteristics

Sharpe Ratio

GOOX:

-0.34

GGLL:

-0.34

Sortino Ratio

GOOX:

-0.18

GGLL:

-0.18

Omega Ratio

GOOX:

0.98

GGLL:

0.98

Calmar Ratio

GOOX:

-0.47

GGLL:

-0.46

Martin Ratio

GOOX:

-0.88

GGLL:

-0.87

Ulcer Index

GOOX:

28.15%

GGLL:

28.25%

Daily Std Dev

GOOX:

63.29%

GGLL:

62.75%

Max Drawdown

GOOX:

-52.46%

GGLL:

-52.81%

Current Drawdown

GOOX:

-38.63%

GGLL:

-38.43%

Returns By Period

The year-to-date returns for both stocks are quite close, with GOOX having a -27.84% return and GGLL slightly lower at -28.23%.

GOOX

YTD

-27.84%

1M

2.89%

6M

-13.83%

1Y

-21.36%

3Y*

N/A

5Y*

N/A

10Y*

N/A

GGLL

YTD

-28.23%

1M

4.05%

6M

-13.97%

1Y

-21.34%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

T-Rex 2X Long Alphabet Daily Target ETF

Direxion Daily GOOGL Bull 2X Shares

GOOX vs. GGLL - Expense Ratio Comparison

Both GOOX and GGLL have an expense ratio of 1.05%.

GOOX
T-Rex 2X Long Alphabet Daily Target ETF
GGLL
Direxion Daily GOOGL Bull 2X Shares
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

GOOX vs. GGLL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GOOX
The Risk-Adjusted Performance Rank of GOOX is 66
Overall Rank
The Sharpe Ratio Rank of GOOX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOX is 88
Sortino Ratio Rank
The Omega Ratio Rank of GOOX is 99
Omega Ratio Rank
The Calmar Ratio Rank of GOOX is 22
Calmar Ratio Rank
The Martin Ratio Rank of GOOX is 66
Martin Ratio Rank
GGLL
The Risk-Adjusted Performance Rank of GGLL is 66
Overall Rank
The Sharpe Ratio Rank of GGLL is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of GGLL is 88
Sortino Ratio Rank
The Omega Ratio Rank of GGLL is 88
Omega Ratio Rank
The Calmar Ratio Rank of GGLL is 22
Calmar Ratio Rank
The Martin Ratio Rank of GGLL is 66
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.

GOOX vs. GGLL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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.

The current GOOX Sharpe Ratio is -0.34, which is comparable to the GGLL Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of GOOX 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.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

GOOX vs. GGLL - Dividend Comparison

GOOX's dividend yield for the trailing twelve months is around 23.25%, more than GGLL's 4.66% yield.

TTM202420232022
GOOX
T-Rex 2X Long Alphabet Daily Target ETF		23.25%16.78%0.00%0.00%
GGLL
Direxion Daily GOOGL Bull 2X Shares		4.66%3.29%2.05%0.59%

Drawdowns

GOOX vs. GGLL - Drawdown Comparison

The maximum GOOX drawdown since its inception was -52.46%, roughly equal to the maximum GGLL drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for GOOX and GGLL.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

GOOX vs. GGLL - Volatility Comparison

T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and Direxion Daily GOOGL Bull 2X Shares (GGLL) have volatilities of 22.60% and 22.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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