SCC vs. GGLL
SCC (ProShares UltraShort Consumer Services) and GGLL (Direxion Daily GOOGL Bull 2X Shares) are both Leveraged Equities funds - SCC tracks the DJ Global United States (All) / Consumer Services -IND (-200%) while GGLL tracks the Alphabet Inc. Class A (200%). Both are passively managed. Over the past 3 years, SCC returned -21.64%/yr vs 62.75%/yr for GGLL. At a correlation of -0.57, they often move in opposite directions. SCC charges 0.95%/yr vs 0.96%/yr for GGLL.
Performance
SCC vs. GGLL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCC achieves a 8.21% return, which is significantly lower than GGLL's 11.40% return.
SCC
- 1D
- 2.43%
- 1M
- 8.97%
- YTD
- 8.21%
- 6M
- 13.36%
- 1Y
- -12.48%
- 3Y*
- -21.64%
- 5Y*
- -14.17%
- 10Y*
- -24.95%
GGLL
- 1D
- -2.70%
- 1M
- -20.13%
- YTD
- 11.40%
- 6M
- 10.14%
- 1Y
- 265.53%
- 3Y*
- 62.75%
- 5Y*
- —
- 10Y*
- —
SCC vs. GGLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SCC ProShares UltraShort Consumer Services | 8.21% | -18.97% | -36.01% | -44.34% | 10.72% |
GGLL Direxion Daily GOOGL Bull 2X Shares | 11.40% | 123.07% | 48.88% | 81.20% | -30.35% |
Correlation
The correlation between SCC and GGLL is -0.53, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | -0.57 |
The correlation between SCC and GGLL has been stable across timeframes, ranging from -0.57 to -0.53 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCC vs. GGLL — Risk / Return Rank
SCC
GGLL
SCC vs. GGLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Consumer Services (SCC) 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.
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.
| SCC | GGLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.80 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.55 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 6.97 | -7.44 |
| Martin ratioReturn relative to average drawdown | -0.72 | 22.42 | -23.14 |
Loading charts...
Drawdowns
SCC vs. GGLL - Drawdown Comparison
The maximum SCC drawdown since its inception was -99.92%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for SCC and GGLL.
Loading charts...
Drawdown Indicators
| SCC | GGLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.92% | -52.81% | -47.11% |
Max Drawdown (1Y)Largest decline over 1 year | -26.45% | -38.39% | +11.94% |
Max Drawdown (3Y)Largest decline over 3 years | -67.10% | -52.81% | -14.29% |
Max Drawdown (5Y)Largest decline over 5 years | -77.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -95.55% | — | — |
Current DrawdownCurrent decline from peak | -99.90% | -28.02% | -71.88% |
Average DrawdownAverage peak-to-trough decline | -85.97% | -15.22% | -70.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.30% | 11.91% | +5.39% |
Volatility
SCC vs. GGLL - Volatility Comparison
The current volatility for ProShares UltraShort Consumer Services (SCC) is 12.97%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 19.04%. This indicates that SCC 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.
Loading charts...
Volatility by Period
| SCC | GGLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.97% | 19.04% | -6.07% |
Volatility (6M)Calculated over the trailing 6-month period | 27.84% | 42.25% | -14.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.09% | 59.29% | -22.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 56.23% | -12.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.67% | 56.23% | -16.56% |
SCC vs. GGLL - Expense Ratio Comparison
SCC has a 0.95% expense ratio, which is lower than GGLL's 0.96% expense ratio.
Dividends
SCC vs. GGLL - Dividend Comparison
SCC's dividend yield for the trailing twelve months is around 4.35%, more than GGLL's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GGLL Direxion Daily GOOGL Bull 2X Shares | 4.10% | 4.16% | 3.29% | 2.05% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% |
SCC ProShares UltraShort Consumer Services | 4.35% | 4.87% | 7.46% | 4.53% | 0.53% | 0.00% | 0.06% | 2.67% | 0.86% |
Frequently Asked Questions
SCC and GGLL have a correlation of -0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GGLL has higher volatility (19.04%) compared to SCC (12.97%). In terms of maximum drawdown, SCC dropped -99.92% vs GGLL's -52.81%.
On 3-year performance, GGLL leads with 62.75% vs -21.64% for SCC. On fees, SCC is cheaper at 0.95% per year. On volatility, SCC has been the lower-risk option at 12.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GGLL has performed better with a 62.75% return vs -21.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCC is cheaper with a 0.95% expense ratio, compared with 0.96% for GGLL.
SCC has the higher dividend yield at 4.35%, compared with 4.10% for GGLL.
SCC tracks DJ Global United States (All) / Consumer Services -IND (-200%), while GGLL tracks Alphabet Inc. Class A (200%). They also come from different issuers: ProShares and Direxion. Their fees differ too: 0.95% for SCC and 0.96% for GGLL.
GGLL currently has the higher Sharpe Ratio (4.51 vs -0.34), 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.
Find the right allocation for SCC and GGLL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer