TQQQ vs. GGLL
Compare and contrast key facts about ProShares UltraPro QQQ (TQQQ) and Direxion Daily GOOGL Bull 2X Shares (GGLL).
TQQQ and GGLL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010. 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. Both TQQQ and GGLL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
TQQQ vs. GGLL - Performance Comparison
Loading graphics...
TQQQ vs. GGLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TQQQ ProShares UltraPro QQQ | -20.81% | 34.35% | 58.27% | 198.04% | -37.02% |
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, TQQQ achieves a -20.81% return, which is significantly lower than GGLL's -18.90% return.
TQQQ
- 1D
- 10.00%
- 1M
- -15.69%
- YTD
- -20.81%
- 6M
- -19.12%
- 1Y
- 46.49%
- 3Y*
- 45.09%
- 5Y*
- 12.72%
- 10Y*
- 34.82%
GGLL
- 1D
- 10.22%
- 1M
- -16.24%
- YTD
- -18.90%
- 6M
- 28.40%
- 1Y
- 186.52%
- 3Y*
- 57.93%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TQQQ vs. GGLL - Expense Ratio Comparison
TQQQ has a 0.95% expense ratio, which is lower than GGLL's 1.05% expense ratio.
Return for Risk
TQQQ vs. GGLL — Risk / Return Rank
TQQQ
GGLL
TQQQ vs. GGLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro QQQ (TQQQ) 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.
| TQQQ | GGLL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 3.08 | -2.38 |
Sortino ratioReturn per unit of downside risk | 1.37 | 3.47 | -2.09 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.43 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 4.88 | -3.62 |
Martin ratioReturn relative to average drawdown | 3.87 | 18.04 | -14.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TQQQ | GGLL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 3.08 | -2.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.75 | -0.11 |
Correlation
The correlation between TQQQ and GGLL is 0.67, 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
TQQQ vs. GGLL - Dividend Comparison
TQQQ's dividend yield for the trailing twelve months is around 0.76%, less than GGLL's 5.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TQQQ ProShares UltraPro QQQ | 0.76% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
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
TQQQ vs. GGLL - Drawdown Comparison
The maximum TQQQ drawdown since its inception was -81.66%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for TQQQ and GGLL.
Loading graphics...
Drawdown Indicators
| TQQQ | GGLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.66% | -52.81% | -28.85% |
Max Drawdown (1Y)Largest decline over 1 year | -36.97% | -38.39% | +1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -81.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -81.66% | — | — |
Current DrawdownCurrent decline from peak | -30.66% | -32.09% | +1.43% |
Average DrawdownAverage peak-to-trough decline | -18.66% | -15.49% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.00% | 10.38% | +1.62% |
Volatility
TQQQ vs. GGLL - Volatility Comparison
ProShares UltraPro QQQ (TQQQ) has a higher volatility of 19.43% compared to Direxion Daily GOOGL Bull 2X Shares (GGLL) at 18.25%. This indicates that TQQQ'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.
Loading graphics...
Volatility by Period
| TQQQ | GGLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.43% | 18.25% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 39.37% | -1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.26% | 60.98% | +6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.55% | 55.13% | +11.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.83% | 55.13% | +10.70% |