TARK vs. GGLL

Last updated Apr 1, 2026

Compare and contrast key facts about Tradr 2X Long Innovation ETF (TARK) and Direxion Daily GOOGL Bull 2X Shares (GGLL).

TARK and GGLL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TARK is an actively managed fund by AXS. It was launched on Apr 28, 2022. 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.

Performance

TARK vs. GGLL - Performance Comparison

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

TARK vs. GGLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TARK Tradr 2X Long Innovation ETF	-27.41%	41.00%	-4.85%	121.37%	-51.36%
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, TARK achieves a -27.41% return, which is significantly lower than GGLL's -18.90% return.

TARK

• 1D: 12.58%
• 1M: -16.10%
• YTD: -27.41%
• 6M: -45.62%
• 1Y: 56.77%
• 3Y*: 11.75%
• 5Y*: —
• 10Y*: —

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)

TARK vs. GGLL - Expense Ratio Comparison

TARK has a 1.15% expense ratio, which is higher than GGLL's 1.05% expense ratio.

TARK

Tradr 2X Long Innovation ETF

GGLL

Direxion Daily GOOGL Bull 2X Shares

Return for Risk

TARK vs. GGLL — Risk / Return Rank

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

TARK

TARK Risk / Return Rank: 40
TARK Sharpe Ratio Rank: 37
TARK Sortino Ratio Rank: 58
TARK Omega Ratio Rank: 46
TARK Calmar Ratio Rank: 34
TARK Martin Ratio Rank: 26

GGLL

GGLL Risk / Return Rank: 96
GGLL Sharpe Ratio Rank: 98
GGLL Sortino Ratio Rank: 97
GGLL Omega Ratio Rank: 94
GGLL Calmar Ratio Rank: 97
GGLL Martin Ratio Rank: 97

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.

TARK vs. GGLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) 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.

	TARK	GGLL	Difference
Sharpe ratio Return per unit of total volatility	0.68	3.08	-2.40
Sortino ratio Return per unit of downside risk	1.48	3.47	-1.99
Omega ratio Gain probability vs. loss probability	1.17	1.43	-0.25
Calmar ratio Return relative to maximum drawdown	0.86	4.88	-4.02
Martin ratio Return relative to average drawdown	2.03	18.04	-16.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TARK vs. GGLL - Sharpe Ratio Comparison

The current TARK Sharpe Ratio is 0.68, which is lower than the GGLL Sharpe Ratio of 3.08. The chart below compares the historical Sharpe Ratios of TARK 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.

Sharpe Ratios by Period

	TARK	GGLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	3.08	-2.40
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	0.75	-0.89

Correlation

The correlation between TARK and GGLL is 0.49, 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.

Dividends

TARK vs. GGLL - Dividend Comparison

TARK's dividend yield for the trailing twelve months is around 41.32%, more than GGLL's 5.63% yield.

	TTM	2025	2024	2023	2022
TARK Tradr 2X Long Innovation ETF	41.32%	30.00%	0.59%	0.00%	0.00%
GGLL Direxion Daily GOOGL Bull 2X Shares	5.63%	4.16%	3.29%	2.05%	0.59%

Drawdowns

TARK vs. GGLL - Drawdown Comparison

The maximum TARK drawdown since its inception was -77.82%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for TARK and GGLL.

Drawdown Indicators

	TARK	GGLL	Difference
Max Drawdown Largest peak-to-trough decline	-77.82%	-52.81%	-25.01%
Max Drawdown (1Y) Largest decline over 1 year	-57.57%	-38.39%	-19.18%
Current Drawdown Current decline from peak	-52.23%	-32.09%	-20.14%
Average Drawdown Average peak-to-trough decline	-51.46%	-15.49%	-35.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.38%	10.38%	+14.00%

Volatility

TARK vs. GGLL - Volatility Comparison

Tradr 2X Long Innovation ETF (TARK) has a higher volatility of 25.43% compared to Direxion Daily GOOGL Bull 2X Shares (GGLL) at 18.25%. This indicates that TARK's price experiences larger fluctuations and is considered to be riskier than GGLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TARK	GGLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.43%	18.25%	+7.18%
Volatility (6M) Calculated over the trailing 6-month period	54.64%	39.37%	+15.27%
Volatility (1Y) Calculated over the trailing 1-year period	84.45%	60.98%	+23.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.55%	55.13%	+36.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.55%	55.13%	+36.42%