XPP vs. GGLL
Compare and contrast key facts about ProShares Ultra FTSE China 50 (XPP) and Direxion Daily GOOGL Bull 2X Shares (GGLL).
XPP and GGLL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XPP is a passively managed fund by ProShares that tracks the performance of the FTSE/Xinhua China 25 Index (200%). It was launched on Jun 2, 2009. 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 XPP 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
XPP vs. GGLL - Performance Comparison
Loading graphics...
XPP vs. GGLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XPP ProShares Ultra FTSE China 50 | -14.59% | 45.84% | 38.18% | -34.77% | -9.93% |
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, XPP achieves a -14.59% return, which is significantly higher than GGLL's -18.90% return.
XPP
- 1D
- 5.09%
- 1M
- -8.06%
- YTD
- -14.59%
- 6M
- -26.23%
- 1Y
- -6.76%
- 3Y*
- 2.42%
- 5Y*
- -20.09%
- 10Y*
- -4.96%
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.
XPP vs. GGLL - Expense Ratio Comparison
XPP has a 0.95% expense ratio, which is lower than GGLL's 1.05% expense ratio.
Return for Risk
XPP vs. GGLL — Risk / Return Rank
XPP
GGLL
XPP vs. GGLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra FTSE China 50 (XPP) 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.
| XPP | GGLL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.14 | 3.08 | -3.22 |
Sortino ratioReturn per unit of downside risk | 0.13 | 3.47 | -3.34 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.43 | -0.41 |
Calmar ratioReturn relative to maximum drawdown | -0.20 | 4.88 | -5.08 |
Martin ratioReturn relative to average drawdown | -0.52 | 18.04 | -18.56 |
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
| XPP | GGLL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 3.08 | -3.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.75 | -0.84 |
Correlation
The correlation between XPP and GGLL is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
XPP vs. GGLL - Dividend Comparison
XPP's dividend yield for the trailing twelve months is around 2.54%, less than GGLL's 5.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XPP ProShares Ultra FTSE China 50 | 2.54% | 2.32% | 2.96% | 2.87% | 0.00% | 0.00% | 0.00% | 3.81% | 1.47% |
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% |
Drawdowns
XPP vs. GGLL - Drawdown Comparison
The maximum XPP drawdown since its inception was -89.90%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for XPP and GGLL.
Loading graphics...
Drawdown Indicators
| XPP | GGLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.90% | -52.81% | -37.09% |
Max Drawdown (1Y)Largest decline over 1 year | -32.37% | -38.39% | +6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -85.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.90% | — | — |
Current DrawdownCurrent decline from peak | -77.40% | -32.09% | -45.31% |
Average DrawdownAverage peak-to-trough decline | -47.52% | -15.49% | -32.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.67% | 10.38% | +2.29% |
Volatility
XPP vs. GGLL - Volatility Comparison
The current volatility for ProShares Ultra FTSE China 50 (XPP) is 14.38%, while Direxion Daily GOOGL Bull 2X Shares (GGLL) has a volatility of 18.25%. This indicates that XPP 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 graphics...
Volatility by Period
| XPP | GGLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.38% | 18.25% | -3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 29.09% | 39.37% | -10.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.42% | 60.98% | -13.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.68% | 55.13% | +7.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.98% | 55.13% | -0.15% |