TTE vs. GGLL

Last updated Jun 24, 2026

TTE (TotalEnergies SE) is a stock, while GGLL (Direxion Daily GOOGL Bull 2X Shares) is Leveraged Equities fund tracking the Alphabet Inc. Class A (200%). Over the past 3 years, TTE returned 19.88%/yr vs 62.75%/yr for GGLL. At a 0.04 correlation, their price movements are largely independent.

Performance

TTE vs. GGLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TotalEnergies SE (TTE) 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, TTE achieves a 24.08% return, which is significantly higher than GGLL's 11.40% return.

TTE

• 1D: -0.45%
• 1M: -12.33%
• YTD: 24.08%
• 6M: 24.86%
• 1Y: 34.92%
• 3Y*: 19.88%
• 5Y*: 19.41%
• 10Y*: 16.60%

GGLL

• 1D: -2.70%
• 1M: -20.13%
• YTD: 11.40%
• 6M: 10.14%
• 1Y: 265.53%
• 3Y*: 62.75%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TTE vs. GGLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TTE TotalEnergies SE	24.08%	31.96%	-11.58%	10.48%	33.57%
GGLL Direxion Daily GOOGL Bull 2X Shares	11.40%	123.07%	48.88%	81.20%	-30.35%

Correlation

The correlation between TTE and GGLL is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022	0.04

The correlation between TTE and GGLL shifts across timeframes, from -0.09 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TTE vs. GGLL — Risk / Return Rank

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

TTE

TTE Risk / Return Rank: 79
TTE Sharpe Ratio Rank: 80
TTE Sortino Ratio Rank: 75
TTE Omega Ratio Rank: 74
TTE Calmar Ratio Rank: 80
TTE Martin Ratio Rank: 86

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: 93

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.

TTE vs. GGLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TotalEnergies SE (TTE) 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.

	TTE	GGLL	Difference
Sharpe ratio: Return per unit of total volatility	1.38	4.51	-3.14
Sortino ratio: Return per unit of downside risk	1.91	4.55	-2.64
Omega ratio: Gain probability vs. loss probability	1.24	1.55	-0.31
Calmar ratio: Return relative to maximum drawdown	2.47	6.97	-4.50
Martin ratio: Return relative to average drawdown	8.78	22.42	-13.64

TTE vs. GGLL - Sharpe Ratio Comparison

The current TTE Sharpe Ratio is 1.38, which is lower than the GGLL Sharpe Ratio of 4.51. The chart below compares the historical Sharpe Ratios of TTE 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.

Drawdowns

TTE vs. GGLL - Drawdown Comparison

The maximum TTE drawdown since its inception was -62.81%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for TTE and GGLL.

Drawdown Indicators

	TTE	GGLL	Difference
Max Drawdown Largest peak-to-trough decline	-62.81%	-52.81%	-10.00%
Max Drawdown (1Y) Largest decline over 1 year	-14.20%	-38.39%	+24.19%
Max Drawdown (3Y) Largest decline over 3 years	-24.51%	-52.81%	+28.30%
Max Drawdown (5Y) Largest decline over 5 years	-24.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.81%	—	—
Current Drawdown Current decline from peak	-14.20%	-28.02%	+13.82%
Average Drawdown Average peak-to-trough decline	-18.95%	-15.22%	-3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.00%	11.91%	-7.91%

Volatility

TTE vs. GGLL - Volatility Comparison

The current volatility for TotalEnergies SE (TTE) is 7.11%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 19.04%. This indicates that TTE 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

	TTE	GGLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.11%	19.04%	-11.93%
Volatility (6M) Calculated over the trailing 6-month period	18.98%	42.25%	-23.27%
Volatility (1Y) Calculated over the trailing 1-year period	25.59%	59.29%	-33.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.45%	56.23%	-20.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.51%	56.23%	-18.72%

Dividends

TTE vs. GGLL - Dividend Comparison

TTE's dividend yield for the trailing twelve months is around 3.69%, less than GGLL's 4.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
TTE TotalEnergies SE	3.69%	9.64%	9.09%	4.60%	8.41%	27.22%	10.10%	6.52%	4.07%	4.51%	4.77%	5.46%

Frequently Asked Questions

Can I hold both TTE and GGLL in my portfolio?

TTE and GGLL have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTE or GGLL?

GGLL has higher volatility (19.04%) compared to TTE (7.11%). In terms of maximum drawdown, TTE dropped -62.81% vs GGLL's -52.81%.

Which has better risk-adjusted returns?

GGLL currently has the higher Sharpe Ratio (4.51 vs 1.38), 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.