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Direxion Daily GOOGL Bear 1X Shares - USD
GGLS performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 28, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +5.23% | +2.32% | -9.10% | -45.08% | -63.30% | |
| Flows | +$10M | +$14M | +$11M | +$24M | +$26M | - |
Characteristics
The Direxion Daily GOOGL Bear 1X Shares - USD is built to track the GOOGL Price - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Inverse |
| Provider | Direxion |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | September 7, 2022 |
| ESG | No |
More data and info about GGLS on Trackinsight
GGLS's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +38.39% | +31.36% | +30.11% | |
Max drawdown | -14.08% | -54.71% | -71.64% | |
Max drawdown duration | 57d | 359d | 1003d | N/A |
Time to recover | 43d | N/A | N/A | N/A |
Replication quality
Data as of July 29, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is GGLS?
GGLS is a Passive ETF that provides exposure to Equity assets. It is managed by Direxion.
What index does GGLS track?
GGLS tracks the GOOGL Price - USD, aiming to replicate its performance through unfunded swap.
What does GGLS invest in?
This ETF provides inverse exposure (-1x) to Equities. It is part of the segment: Inverse Equity.
What is the expense ratio of GGLS?
The total expense ratio (TER) of GGLS is 1.2%, representing the annual fee charged by the fund manager.
When was GGLS launched?
GGLS was launched on September 7, 2022, marking its entry into the ETF market.
Who is the issuer of GGLS?
GGLS is issued by Direxion.
What is the AUM of GGLS?
As of July 28, 2026, GGLS manages $22.91 M, reflecting the total assets held in the fund.
How has GGLS performed recently?
As of July 28, 2026, GGLS delivered a return of 5.23% over the past month (1M performance), 2.32% over the past three months (3M), and -9.1% year-to-date (YTD).
What are the recent fund flows for GGLS?
As of July 28, 2026, GGLS has seen net flows of +$10M in the past month (1M flow) and +$11M year-to-date (YTD).
Does GGLS pay dividends?
As of July 28, 2026, GGLS has a trailing 12-month distribution yield of 2.81%.
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