AVL vs GGLL
Direxion Daily AVGO Bull 2X ETF vs Direxion Daily GOOGL Bull 2X ETF
Which is better, AVL or GGLL?
GGLL has been ahead.
GGLL has a lower expense ratio. GGLL led over 1Y and the full window.
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
| Metric | AVL | GGLL |
|---|---|---|
| Expense Ratio | 1.00% | 0.99%Best |
| AUM | $283M | $1.2B |
| Dividend Yield | 36.36% | 4.64% |
| Holdings | 10 | 11 |
| YTD Return | -21.17% | +4.90%Best |
| 1Y Return | -24.87% | +65.42%Best |
| 3Y Return (annualized) | - | +51.93% |
| Volatility (annualized) | 109.5% | 77.5%Best |
| Max Drawdown | -70.6% | -52.8%Best |
| $10,000 over 2 years | $17,130 | $31,022Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Oct 10, 2024 | Sep 7, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
AVL 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 2 years both funds cover.
AVL vs GGLL Performance
Direxion Daily AVGO Bull 2X ETF (AVL) 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 AVL returned -24.87% while GGLL returned +65.42%. Year to date, AVL is down 21.17% versus a gain of 4.90% for GGLL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVL has been the more volatile fund, with annualized monthly volatility of 109.5% compared with 77.5% for GGLL. 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 -70.6% for AVL 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVL charges 1.00% per year while GGLL charges 0.99%. On a $10,000 position that is $100 vs $99 annually, a gap of $1 per year that compounds over a long holding period. On income, AVL currently yields 36.36% against 4.64% for GGLL.
Holdings Overlap
We hold position weights for 4 holdings in AVL and 4 in GGLL, totalling 111.1% 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 AVL and 4 in GGLL, against full books of 10 and 11.
You are not choosing between two funds in isolation.
Whichever of AVL and GGLL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVL or GGLL?
AVL has an expense ratio of 1.00% while GGLL charges 0.99%. GGLL is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, AVL or GGLL?
Over the past year AVL returned -24.87% vs +65.42% for GGLL, so GGLL leads on 1-year performance. Over the longest common window we track (2 years), AVL annualized +30.88% vs +76.13% for GGLL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVL or GGLL?
AVL has been the more volatile fund at 109.5% annualized versus 77.5% for GGLL. Worst drawdown: AVL -70.6% vs GGLL -52.8%.
Should I hold both AVL and GGLL?
AVL and GGLL have a monthly-return correlation of 0.72, 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, AVL or GGLL?
AVL yields 36.36% while GGLL yields 4.64%, so AVL currently pays the higher dividend yield.
Is GGLL better than AVL?
GGLL has a lower expense ratio. GGLL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.