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GGLS vs SKHZ

Direxion Daily GOOGL Bear 1X ETF

GGLSANasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.27pt a year

GGLS1.02%SKHZ0.75%

Avg volume · 30D

SKHZ 2.0×the volume

GGLS929KSKHZ1.9M

GGLS vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

+24.9%GGLS−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. GGLS +24.9%. SKHZ −15.5%. Use the arrow keys to read each point.−30%0%10%Jul 2026Sep 2026Oct 2026
Expense ratio
GGLS 1.02%
SKHZ 0.75%, better
Fund size
GGLS $21M
SKHZ $4M
1Y total return
GGLS −5.6%
SKHZ No data
Yield (12M)
GGLS 2.67%
SKHZ No data
Holdings
GGLS 3
SKHZ 2
Avg volume (30D)
GGLS 929K sh
SKHZ 1.9M sh, better
NAV per share
GGLS $69.40
SKHZ $11.21
52W range

ETF.net Grade

GGLS: Cost 78, Risk 66, Mission 90, Tradability 65, Holdings not scored, Durability 74. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for GGLS, SKHZ, with each pillar’s weight
PillarGGLSSKHZ
Cost30% weightA78A100Higher
Mission25% weightA90Not scored
Risk15% weightB66A75Higher
Tradability15% weightB65A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherF20

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GGLS and SKHZ are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

SKHZ ranks 3rd and GGLS 8th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  5. Rank 7AAVSDirexion Daily AVGO Bear 1X SharesScore 79
  6. Rank 8AGGLSDirexion Daily GOOGL Bear 1X ETFScore 77
  7. Rank 8AMSFDDirexion Daily MSFT Bear 1X ETFScore 77

Our read on each fund

ETF.net Research

GGLSADirexion Daily GOOGL Bear 1X ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

GGLS GGLS is the un-levered way to lean against Alphabet: -1x the stock's daily move, no margin account, no borrowed shares. Live since 2022, at 1.02% net of a waiver through September 1, 2027.

SKHZ No data

Stated mandate

GGLS The fund seeks daily investment results equal to 100% of the inverse of the performance of Alphabet Inc. Class A shares, before fees and expenses.

SKHZ No data

Why people hold it

  • GGLS Straight inverse, not leveraged. It targets 100% of the opposite of Alphabet Class A's daily move, so taking the short side needs no margin account and no stock borrow.direxion.comdirexion.com 2
  • Day to day, it has stayed close to its stated -1x target, one of the tighter implementations among the dozens of single-stock bear funds on the market.
  • 1.02% net of a waiver through September 1, 2027 (1.20% gross), below the median fee in the single-stock inverse crowd, and it trades actively enough for short holding periods.

SKHZ No data

Worth knowing

  • GGLS The reset is daily. Over longer stretches your result comes from compounding each day's inverse move, which can drift from the simple inverse of Alphabet's move for that period.direxion.com
  • Some sibling bear 1X funds cost less: Direxion's TSLS at 0.95% and AAPD at 0.96%, and Leverage Shares' SKHZ at 0.75%.
  • It's a small fund whose entire outcome rides on one company's stock, delivered through derivatives rather than shares.direxion.com

SKHZ No data

Full GGLS profile⁠

Full SKHZ profile⁠

GGLS vs SKHZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GGLS vs SKHZ Cost

Overpaying GGLS vs SKHZ

$4,530

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GGLS 1.02%

    $19,012

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • GGLS 1.02%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530GGLS $19,012SKHZ $14,482

Year by year

YearGGLSSKHZOverpaying
10$1,797$1,336$461
20$6,746$5,078$1,668
30$19,012$14,482$4,530

Expense ratio

  • 1.02%GGLS
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

GGLS 12th cheapest of 43 funds

GGLS vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GGLS 2.67%
SKHZ No data
Payout (12M)
GGLS $1.88
SKHZ None
Last payment
GGLS $0.38
SKHZ No data
Ex-dividend
GGLS Sep 22, 2026
SKHZ No data
Paid on
GGLS Sep 29, 2026
SKHZ No data
Frequency
GGLS Quarterly
SKHZ No data

Distribution history

Per share, 2022 to 2026, same scale for both

GGLSQuarterly · 16 paymentsAll GGLS payments⁠
One bar per payment. 16 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.10; Mar 21, 2023 $2.25; Jun 21, 2023 $2.77; Sep 19, 2023 $3.06; Dec 21, 2023 $1.91; Mar 19, 2024 $0.79; Jun 25, 2024 $2.02; Sep 24, 2024 $1.24; Dec 23, 2024 $1.19; Mar 25, 2025 $0.99; Jun 24, 2025 $1.46; Sep 23, 2025 $0.21; Dec 23, 2025 $0.64; Mar 24, 2026 $0.53; Jun 23, 2026 $0.33; Sep 22, 2026 $0.38. Use the arrow keys to read each point.$0$2.5020232026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

GGLS vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GGLS 31.8%SKHZ No data
Return per unit of riskSharpe ratio, 3 years
GGLS −0.93SKHZ No data
Worst fallMax drawdown, 5 years
GGLS −81.3%since Sep 2022SKHZ No data
Market sensitivityBeta, 5 years
GGLS −1.16SKHZ 0.00

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