SOXY vs. GGLL

Last updated Jun 4, 2026

SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) and GGLL (Direxion Daily GOOGL Bull 2X Shares) are both exchange-traded funds - SOXY is a Derivative Income fund actively managed by YieldMax, while GGLL is a Leveraged Equities fund tracking the Alphabet Inc. Class A (200%). SOXY is actively managed, while GGLL is passively managed. Over the past year, SOXY returned 154.02% vs 293.20% for GGLL. A 0.51 correlation means they provide meaningful diversification when combined. SOXY charges 0.99%/yr vs 1.05%/yr for GGLL.

Performance

SOXY vs. GGLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) 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, SOXY achieves a 89.69% return, which is significantly higher than GGLL's 22.24% return.

SOXY

• 1D: 0.87%
• 1M: 31.46%
• YTD: 89.69%
• 6M: 88.39%
• 1Y: 154.02%
• 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)

SOXY vs. GGLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	89.69%	37.00%	-1.18%
GGLL Direxion Daily GOOGL Bull 2X Shares	22.24%	123.07%	20.18%

Correlation

The correlation between SOXY and GGLL is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.51

The correlation between SOXY and GGLL has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.

SOXY vs. GGLL - Sectors Allocation Comparison

Sectors	SOXY	GGLL
Technology	100.0%	-
Consumer Defensive	0.0%	-
Financial Services	0.0%	-
Industrials	0.0%	-
Basic Materials	-	-
Communication Services	-	100.0%
Consumer Cyclical	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

SOXY vs. GGLL — Risk / Return Rank

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

SOXY

SOXY Risk / Return Rank: 96
SOXY Sharpe Ratio Rank: 98
SOXY Sortino Ratio Rank: 96
SOXY Omega Ratio Rank: 95
SOXY Calmar Ratio Rank: 97
SOXY Martin Ratio Rank: 97

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.

SOXY vs. GGLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) 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.

	SOXY	GGLL	Difference
Sharpe ratio: Return per unit of total volatility	5.32	5.07	+0.25
Sortino ratio: Return per unit of downside risk	5.53	4.96	+0.58
Omega ratio: Gain probability vs. loss probability	1.75	1.60	+0.16
Calmar ratio: Return relative to maximum drawdown	11.33	7.69	+3.64
Martin ratio: Return relative to average drawdown	42.65	26.53	+16.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOXY vs. GGLL - Sharpe Ratio Comparison

The current SOXY Sharpe Ratio is 5.32, which is comparable to the GGLL Sharpe Ratio of 5.07. The chart below compares the historical Sharpe Ratios of SOXY 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

	SOXY	GGLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.32	5.07	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	2.57	0.99	+1.59

Drawdowns

SOXY vs. GGLL - Drawdown Comparison

The maximum SOXY drawdown since its inception was -30.22%, smaller than the maximum GGLL drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for SOXY and GGLL.

Drawdown Indicators

	SOXY	GGLL	Difference
Max Drawdown Largest peak-to-trough decline	-30.22%	-52.81%	+22.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-38.39%	+24.71%
Max Drawdown (3Y) Largest decline over 3 years	—	-52.81%	—
Current Drawdown Current decline from peak	0.00%	-21.02%	+21.02%
Average Drawdown Average peak-to-trough decline	-4.94%	-15.17%	+10.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	11.11%	-7.48%

Volatility

SOXY vs. GGLL - Volatility Comparison

The current volatility for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) is 12.85%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 16.60%. This indicates that SOXY 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

	SOXY	GGLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.85%	16.60%	-3.75%
Volatility (6M) Calculated over the trailing 6-month period	24.06%	40.70%	-16.64%
Volatility (1Y) Calculated over the trailing 1-year period	29.20%	58.40%	-29.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.56%	56.03%	-21.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.56%	56.03%	-21.47%

SOXY vs. GGLL - Expense Ratio Comparison

SOXY has a 0.99% expense ratio, which is lower than GGLL's 1.05% expense ratio.

Dividends

SOXY vs. GGLL - Dividend Comparison

SOXY's dividend yield for the trailing twelve months is around 7.74%, 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%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	7.74%	11.47%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOXY and GGLL in my portfolio?

SOXY and GGLL have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOXY or GGLL?

GGLL has higher volatility (16.60%) compared to SOXY (12.85%). In terms of maximum drawdown, SOXY dropped -30.22% vs GGLL's -52.81%.

Which ETF is better, SOXY or GGLL?

On 1-year performance, GGLL leads with 293.20% vs 154.02% for SOXY. On fees, SOXY is cheaper at 0.99% per year. On volatility, SOXY has been the lower-risk option at 12.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXY or GGLL?

Over the 1-year period, GGLL has performed better with a 293.20% return vs 154.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXY or GGLL?

SOXY is cheaper with a 0.99% expense ratio, compared with 1.05% for GGLL.

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

SOXY has the higher dividend yield at 7.74%, compared with 3.73% for GGLL.

What is the main difference between SOXY and GGLL?

SOXY is categorized as Derivative Income, while GGLL is Leveraged Equities. They also come from different issuers: YieldMax and Direxion. Their fees differ too: 0.99% for SOXY and 1.05% for GGLL.

Which has better risk-adjusted returns?

SOXY currently has the higher Sharpe Ratio (5.32 vs 5.07), 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.