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RXL vs. GGLL
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RXL vs. GGLL - Performance Comparison

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

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RXL vs. GGLL - Yearly Performance Comparison


2026 (YTD)2025202420232022
RXL
ProShares Ultra Health Care
-11.22%19.76%-2.72%-3.15%11.12%
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, RXL achieves a -11.22% return, which is significantly higher than GGLL's -18.90% return.


RXL

1D
3.92%
1M
-16.20%
YTD
-11.22%
6M
8.56%
1Y
-3.95%
3Y*
3.48%
5Y*
3.69%
10Y*
12.57%

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)

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RXL vs. GGLL - Expense Ratio Comparison

RXL has a 0.95% expense ratio, which is lower than GGLL's 1.05% expense ratio.


Return for Risk

RXL vs. GGLL — Risk / Return Rank

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

RXL
RXL Risk / Return Rank: 1010
Overall Rank
RXL Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
RXL Sortino Ratio Rank: 1111
Sortino Ratio Rank
RXL Omega Ratio Rank: 1111
Omega Ratio Rank
RXL Calmar Ratio Rank: 1010
Calmar Ratio Rank
RXL Martin Ratio Rank: 1010
Martin Ratio Rank

GGLL
GGLL Risk / Return Rank: 9696
Overall Rank
GGLL Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
GGLL Sortino Ratio Rank: 9797
Sortino Ratio Rank
GGLL Omega Ratio Rank: 9494
Omega Ratio Rank
GGLL Calmar Ratio Rank: 9797
Calmar Ratio Rank
GGLL Martin Ratio Rank: 9797
Martin Ratio Rank
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.

RXL vs. GGLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Health Care (RXL) 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.


RXLGGLLDifference

Sharpe ratio

Return per unit of total volatility

-0.11

3.08

-3.19

Sortino ratio

Return per unit of downside risk

0.09

3.47

-3.38

Omega ratio

Gain probability vs. loss probability

1.01

1.43

-0.41

Calmar ratio

Return relative to maximum drawdown

-0.13

4.88

-5.00

Martin ratio

Return relative to average drawdown

-0.24

18.04

-18.28

RXL vs. GGLL - Sharpe Ratio Comparison

The current RXL Sharpe Ratio is -0.11, which is lower than the GGLL Sharpe Ratio of 3.08. The chart below compares the historical Sharpe Ratios of RXL 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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Sharpe Ratios by Period


RXLGGLLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.11

3.08

-3.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.75

-0.35

Correlation

The correlation between RXL and GGLL is 0.25, 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.


Dividends

RXL vs. GGLL - Dividend Comparison

RXL's dividend yield for the trailing twelve months is around 1.64%, less than GGLL's 5.63% yield.


TTM20252024202320222021202020192018201720162015
RXL
ProShares Ultra Health Care
1.64%1.43%1.22%0.18%0.32%0.10%0.15%0.27%0.32%0.11%0.12%0.93%
GGLL
Direxion Daily GOOGL Bull 2X Shares
5.63%4.16%3.29%2.05%0.59%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RXL vs. GGLL - Drawdown Comparison

The maximum RXL drawdown since its inception was -67.70%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for RXL and GGLL.


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Drawdown Indicators


RXLGGLLDifference

Max Drawdown

Largest peak-to-trough decline

-67.70%

-52.81%

-14.89%

Max Drawdown (1Y)

Largest decline over 1 year

-22.73%

-38.39%

+15.66%

Max Drawdown (5Y)

Largest decline over 5 years

-36.08%

Max Drawdown (10Y)

Largest decline over 10 years

-51.00%

Current Drawdown

Current decline from peak

-19.31%

-32.09%

+12.78%

Average Drawdown

Average peak-to-trough decline

-15.82%

-15.49%

-0.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.51%

10.38%

+2.13%

Volatility

RXL vs. GGLL - Volatility Comparison

The current volatility for ProShares Ultra Health Care (RXL) is 9.36%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 18.25%. This indicates that RXL 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.


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Volatility by Period


RXLGGLLDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.36%

18.25%

-8.89%

Volatility (6M)

Calculated over the trailing 6-month period

21.09%

39.37%

-18.28%

Volatility (1Y)

Calculated over the trailing 1-year period

35.48%

60.98%

-25.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.33%

55.13%

-25.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.19%

55.13%

-21.94%