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GGLL

GradeANASDAQ Global Market

Direxion Daily GOOGL Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2022-09-07

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$97.33−6.88 (−6.60%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Sep 7, 2022.
Intraday session: down, 59 prints from 104.21 to 97.33. Range 96.14 to 103.00. Use the arrow keys to read each point.$96.00$100.00$102.0010 AM12 PM2 PM4 PM
Expense ratio
0.96%
Fund size
$1.0B
1Y return
+59.5%
Yield · Last 12 months
4.52%
Holdings
10
Volume · 30D
1.4M sh
NAV per share
$102.60
52W range
low $59.18high $153.00

The ETF.net GGLL Grade

A

74/ 100

Rank 1 of 380 in Single-Stock Long Leveraged

Confidence High

Six-pillar profile for GGLL. Scores out of 100: Cost 57, Risk 85, Mission 96, Tradability 96, Holdings not scored, Durability 88. Strongest: Mission (96). Weakest: Cost (57). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 57
    Category rank166/380 · top 44%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 96
    Category rank39/147 · top 27%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 85
    Category rank16/285 · top 6%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 96
    Category rank4/380 · top 1%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 88
    Category rank1/380 · top 0%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GGLL

ETF.net Research

AA double-strength Alphabet trade in a single ticker. GGLL aims for 200% of GOOGL's daily move, no margin account or options chain required, and Direxion has been running it since 2022.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alphabet Inc.'s Class A shares.

Why people hold it

  1. 01Aims for 200% of the daily move in Alphabet Class A shares from a plain brokerage account. No margin agreement, no options chain, no rolling positions yourself.direxion.com
  2. 02Hits its stated daily 2x target tightly, one of the stronger implementations in a crowded field of leveraged single-stock funds.
  3. 03A several-hundred-million-dollar fund that trades actively, so getting in and out is rarely the hard part.
  4. 04Live since 2022, giving this one a real track record through fast tape and slow tape alike, which is more than much of its cohort can say.

Worth knowing

  1. 01The 2x resets every day. Hold longer and compounding takes over, so a multi-day result can land far from twice the stock's move over that stretch, especially in choppy markets.direxion.com
  2. 02One company is the entire fund. An earnings miss or an antitrust headline at Alphabet hits here at double strength, downside included.
  3. 03At 0.96%, it runs pricier than 2x single-stock peers such as UNHG, ASMG and AMDG at 0.75%, though it sits under the typical fee in its cohort.

GGLL Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
10
Top-10 weight
97%
Largest holding
GOOGL SWAP ASSET LEG (GOOGLMLL)15.4%

Sectors

  • Communication100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001GOOGL SWAP ASSET LEG (GOOGLMLL)15.43%1,290,913$458M1
002GOOGL SWAP ASSET LEG (GOOGLBCL)14.93%1,249,806$444M1
003DREYFUS GOVT CASH MAN INS14.58%433,124,874$433M108
004GOOGL SWAP ASSET LEG (GOOGLGSL)9.87%826,121$293M1
005GOOGL SWAP ASSET LEG (GOOGLCTL)8.61%720,749$256M1
006GOLDMAN FINL SQ TRSRY INST 5067.86%233,574,806$234M100
007GOOGL SWAP ASSET LEG (GOOGLBPL)7.83%655,533$233M1
008GOOGL SWAP ASSET LEG (GOOGLNML)7.23%605,336$215M1
009GOOGLALPHABET INC-CL A5.81%485,831$172M704
010GOLDMAN SACHS FIN GOV 465 INSTITUT4.41%131,061,912$131M75
011DREYFUS TRSRY SECURITIES CASH MGMT3.43%101,857,534$102M82

Showing 1–11 of 11 holdings

GGLL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GGLL$15,948
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GGLL $15,948. SPY $11,723. Use the arrow keys to read each point.$8,015$15,885$23,756Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GGLL. Periods over one year show the average yearly return.
PeriodGGLL
Year to date+8.9%
1 month+2.0%
3 months−4.9%
1 year+59.5%
3 years+57.7%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GGLL
YearReturn barGGLL
2026 YTD+8.9%
2025+122.8%
2024+48.8%
2023+81.2%
2022−30.3%

Since listing, Sep 7, 2022

GGLL in the news

ETF.net Research hasn’t filed on GGLL yet — coverage lands here as it’s written.

GGLL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.52%Last 12 months
Payout per share
$4.71Last 12 months
Last payment
$0.58 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2022–2026

One bar per payment. 18 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0061; Dec 20, 2022 $0.10; Mar 21, 2023 $0.07; Jun 21, 2023 $0.17; Sep 19, 2023 $0.19; Dec 21, 2023 $0.23; Mar 19, 2024 $0.20; Jun 25, 2024 $0.33; Sep 24, 2024 $0.24; Dec 12, 2024 $0.39; Dec 23, 2024 $0.34; Mar 25, 2025 $0.22; Jun 24, 2025 $0.26; Sep 23, 2025 $0.36; Dec 10, 2025 $2.85; Dec 23, 2025 $0.34; Mar 24, 2026 $0.58; Jun 23, 2026 $0.58. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 30, 2026$0.58
Mar 24, 2026Mar 31, 2026$0.58
Dec 23, 2025Dec 31, 2025$0.34
Dec 10, 2025Dec 17, 2025$2.85
Sep 23, 2025Sep 30, 2025$0.36
Jun 24, 2025Jul 1, 2025$0.26
Mar 25, 2025Apr 1, 2025$0.22
Dec 23, 2024Dec 31, 2024$0.34
Dec 12, 2024Dec 19, 2024$0.39
Sep 24, 2024Oct 1, 2024$0.24
Jun 25, 2024Jul 2, 2024$0.33
Mar 19, 2024Mar 26, 2024$0.20

GGLL Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
65.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.85
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−52.8%
48 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.58
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GGLL Cost

Expense ratio0.96%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

162 of the 329 Single-Stock Long Leveraged funds charge less.

GGLL costs $96.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.