MSFY vs. GGLL

Last updated Jun 4, 2026

MSFY (Kurv Yield Premium Strategy Microsoft ETF) and GGLL (Direxion Daily GOOGL Bull 2X Shares) are both exchange-traded funds - MSFY is a Derivative Income fund actively managed by Kurv, while GGLL is a Leveraged Equities fund tracking the Alphabet Inc. Class A (200%). MSFY is actively managed, while GGLL is passively managed. Over the past year, MSFY returned -7.25% vs 293.20% for GGLL. At a 0.41 correlation, their price movements are largely independent. MSFY charges 1.00%/yr vs 1.05%/yr for GGLL.

Performance

MSFY vs. GGLL - Performance Comparison

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

Returns By Period

In the year-to-date period, MSFY achieves a -13.99% return, which is significantly lower than GGLL's 22.24% return.

MSFY

• 1D: -3.43%
• 1M: 4.37%
• YTD: -13.99%
• 6M: -12.67%
• 1Y: -7.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GGLL

• 1D: -1.40%
• 1M: -13.22%
• YTD: 22.24%
• 6M: 15.91%
• 1Y: 293.20%
• 3Y*: 65.97%
• 5Y*: —
• 10Y*: —

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

MSFY vs. GGLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MSFY Kurv Yield Premium Strategy Microsoft ETF	-13.99%	14.11%	10.88%	2.57%
GGLL Direxion Daily GOOGL Bull 2X Shares	22.24%	123.07%	48.88%	9.99%

Correlation

The correlation between MSFY and GGLL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (All Time) Calculated using the full available price history since Nov 7, 2023	0.41

Over the past year, the correlation between MSFY and GGLL has dropped to 0.16 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.

Return for Risk

MSFY vs. GGLL — Risk / Return Rank

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

MSFY

MSFY Risk / Return Rank: 6
MSFY Sharpe Ratio Rank: 6
MSFY Sortino Ratio Rank: 6
MSFY Omega Ratio Rank: 6
MSFY Calmar Ratio Rank: 7
MSFY Martin Ratio Rank: 7

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: 94

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.

MSFY vs. GGLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Microsoft ETF (MSFY) 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.

	MSFY	GGLL	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	5.07	-5.34
Sortino ratio: Return per unit of downside risk	-0.19	4.96	-5.15
Omega ratio: Gain probability vs. loss probability	0.97	1.60	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.21	7.69	-7.91
Martin ratio: Return relative to average drawdown	-0.47	26.53	-27.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSFY vs. GGLL - Sharpe Ratio Comparison

The current MSFY Sharpe Ratio is -0.27, which is lower than the GGLL Sharpe Ratio of 5.07. The chart below compares the historical Sharpe Ratios of MSFY and GGLL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSFY	GGLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	5.07	-5.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.99	-0.79

Drawdowns

MSFY vs. GGLL - Drawdown Comparison

The maximum MSFY drawdown since its inception was -34.21%, smaller than the maximum GGLL drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for MSFY and GGLL.

Drawdown Indicators

	MSFY	GGLL	Difference
Max Drawdown Largest peak-to-trough decline	-34.21%	-52.81%	+18.60%
Max Drawdown (1Y) Largest decline over 1 year	-34.21%	-38.39%	+4.18%
Max Drawdown (3Y) Largest decline over 3 years	—	-52.81%	—
Current Drawdown Current decline from peak	-20.53%	-21.02%	+0.49%
Average Drawdown Average peak-to-trough decline	-7.20%	-15.17%	+7.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.40%	11.11%	+4.29%

Volatility

MSFY vs. GGLL - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Microsoft ETF (MSFY) is 10.84%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 16.60%. This indicates that MSFY 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

	MSFY	GGLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.84%	16.60%	-5.76%
Volatility (6M) Calculated over the trailing 6-month period	25.02%	40.70%	-15.68%
Volatility (1Y) Calculated over the trailing 1-year period	26.51%	58.40%	-31.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.27%	56.03%	-33.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.27%	56.03%	-33.76%

MSFY vs. GGLL - Expense Ratio Comparison

MSFY has a 1.00% expense ratio, which is lower than GGLL's 1.05% expense ratio.

Dividends

MSFY vs. GGLL - Dividend Comparison

MSFY's dividend yield for the trailing twelve months is around 24.31%, more than GGLL's 3.73% yield.

Position	TTM	2025	2024	2023	2022
GGLL Direxion Daily GOOGL Bull 2X Shares	3.73%	4.16%	3.29%	2.05%	0.59%
MSFY Kurv Yield Premium Strategy Microsoft ETF	24.31%	18.56%	14.35%	1.94%	0.00%

Frequently Asked Questions

Can I hold both MSFY and GGLL in my portfolio?

MSFY and GGLL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFY or GGLL?

GGLL has higher volatility (16.60%) compared to MSFY (10.84%). In terms of maximum drawdown, MSFY dropped -34.21% vs GGLL's -52.81%.

Which ETF is better, MSFY or GGLL?

On 1-year performance, GGLL leads with 293.20% vs -7.25% for MSFY. On fees, MSFY is cheaper at 1.00% per year. On volatility, MSFY has been the lower-risk option at 10.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSFY or GGLL?

Over the 1-year period, GGLL has performed better with a 293.20% return vs -7.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSFY or GGLL?

MSFY is cheaper with a 1.00% expense ratio, compared with 1.05% for GGLL.

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

MSFY has the higher dividend yield at 24.31%, compared with 3.73% for GGLL.

What is the main difference between MSFY and GGLL?

MSFY is categorized as Derivative Income, while GGLL is Leveraged Equities. They also come from different issuers: Kurv and Direxion. Their fees differ too: 1.00% for MSFY and 1.05% for GGLL.

Which has better risk-adjusted returns?

GGLL currently has the higher Sharpe Ratio (5.07 vs -0.27), 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.