AMZU vs GGLL

AMZU vs GGLL

Which is better, AMZU or GGLL?

GGLL has been ahead.

GGLL led over 1Y, 3Y and the full window.

Lower Fees: TiedHigher Returns: GGLL

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricAMZUGGLL
Expense Ratio0.99%Tie0.99%Tie
AUM$356M$1.2B
Dividend Yield5.10%4.64%
Holdings1811
YTD Return+6.16%Best+4.90%
1Y Return+10.18%+65.42%Best
3Y Return (annualized)+20.72%+51.93%Best
Volatility (annualized)56.9%Best60.6%
Max Drawdown-55.6%-52.8%Best
$10,000 over 4.1 years$15,903$44,709Best
Fund FamilyDirexion Shares ETF TrustDirexion Shares ETF Trust
CategoryAlternativeAlternative
StyleTrading-Leveraged EquityTrading-Leveraged Equity
InceptionSep 7, 2022Sep 7, 2022

Not shown on this pair: 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Sep 7, 2022 to Oct 14, 2026 (4.1 years).

AMZU vs GGLL growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.

Compare AMZU against instead:AMZU vs SPYAMZU vs QQQAMZU vs VOOAMZU vs VTIGGLL against:GGLL vs VXUS

AMZU vs GGLL Performance

Direxion Daily AMZN Bull 2X ETF (AMZU) is an ETF from Direxion Shares ETF Trust and Direxion Daily GOOGL Bull 2X ETF (GGLL) is an ETF from Direxion Shares ETF Trust. Over the past year AMZU returned +10.18% while GGLL returned +65.42%. Year to date, AMZU is up 6.16% versus a gain of 4.90% for GGLL.

Over three years, AMZU compounded at +20.72% per year against +51.93% for GGLL. Across the full 4-year window we track, GGLL has the edge at +44.09% annualized vs +11.98%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GGLL has been the more volatile fund, with annualized monthly volatility of 60.6% compared with 56.9% for AMZU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -55.6% for AMZU and -52.8% for GGLL. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.

Fees and Cost Over Time

AMZU charges 0.99% per year while GGLL charges 0.99%. On a $10,000 position that is $99 vs $99 annually. On income, AMZU currently yields 5.10% against 4.64% for GGLL.

Holdings Overlap

We hold position weights for 4 holdings in AMZU and 4 in GGLL, totalling 82.7% and 91.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.

3 positions in common, counted across the 4 positions we hold weights for in AMZU and 4 in GGLL, against full books of 18 and 11.

Top Shared Holdings

StockWeight in AMZUWeight in GGLLDifference
DGCXXDreyfus Govt Cash Man Ins22.94%44.03%21.09%
FGTXXGoldman Finl Sq Trsry Inst 50633.77%20.62%13.15%
DIRXXDreyfus Trsry Securities Cash Mgmt7.59%10.38%2.79%

You are not choosing between two funds in isolation.

Whichever of AMZU and GGLL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AMZUGGLL

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, AMZU or GGLL?

AMZU has an expense ratio of 0.99% while GGLL charges 0.99%. At the precision these are quoted to, they cost the same.

Which performed better, AMZU or GGLL?

Over the past year AMZU returned +10.18% vs +65.42% for GGLL, so GGLL leads on 1-year performance. Over the longest common window we track (4 years), AMZU annualized +11.98% vs +44.09% for GGLL. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AMZU or GGLL?

GGLL has been the more volatile fund at 60.6% annualized versus 56.9% for AMZU. Worst drawdown: AMZU -55.6% vs GGLL -52.8%.

Should I hold both AMZU and GGLL?

AMZU and GGLL have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, AMZU or GGLL?

AMZU yields 5.10% while GGLL yields 4.64%, so AMZU currently pays the higher dividend yield.

Is GGLL better than AMZU?

GGLL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.