GGLL vs TSL
Direxion Daily GOOGL Bull 2X ETF vs GraniteShares 1.25x Long TSLA Daily ETF
Which is better, GGLL or TSL?
GGLL has been ahead.
GGLL has a lower expense ratio. GGLL led over 1Y, 3Y 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 | GGLL | TSL |
|---|---|---|
| Expense Ratio | 0.99%Best | 1.15% |
| AUM | $1.2B | $12M |
| Dividend Yield | 4.64% | 0.00% |
| Holdings | 11 | 4 |
| YTD Return | +4.90%Best | -23.76% |
| 1Y Return | +65.42%Best | -22.82% |
| 3Y Return (annualized) | +51.93%Best | +5.98% |
| Volatility (annualized) | 60.6%Best | 73.6% |
| Max Drawdown | -52.8%Best | -74.3% |
| $10,000 over 4.1 years | $44,709Best | $9,048 |
| Fund Family | Direxion Shares ETF Trust | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Sep 7, 2022 | Aug 9, 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).
GGLL vs TSL 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.
GGLL vs TSL Performance
Direxion Daily GOOGL Bull 2X ETF (GGLL) is an ETF from Direxion Shares ETF Trust and GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an ETF from GraniteShares. Over the past year GGLL returned +65.42% while TSL returned -22.82%. Year to date, GGLL is up 4.90% versus a loss of 23.76% for TSL.
Over three years, GGLL compounded at +51.93% per year against +5.98% for TSL. Across the full 4-year window we track, GGLL has the edge at +44.09% annualized vs -2.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSL has been the more volatile fund, with annualized monthly volatility of 73.6% compared with 60.6% 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 -52.8% for GGLL and -74.3% for TSL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.28. They move largely independently of each other.
Fees and Cost Over Time
GGLL charges 0.99% per year while TSL charges 1.15%. On a $10,000 position that is $99 vs $115 annually, a gap of $16 per year that compounds over a long holding period. On income, GGLL currently yields 4.64% against 0.00% for TSL.
You are not choosing between two funds in isolation.
Whichever of GGLL and TSL 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, GGLL or TSL?
GGLL has an expense ratio of 0.99% while TSL charges 1.15%. GGLL is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, GGLL or TSL?
Over the past year GGLL returned +65.42% vs -22.82% for TSL, so GGLL leads on 1-year performance. Over the longest common window we track (4 years), GGLL annualized +44.09% vs -2.41% for TSL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGLL or TSL?
TSL has been the more volatile fund at 73.6% annualized versus 60.6% for GGLL. Worst drawdown: GGLL -52.8% vs TSL -74.3%.
Should I hold both GGLL and TSL?
GGLL and TSL have a monthly-return correlation of 0.28, 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, GGLL or TSL?
GGLL yields 4.64% while TSL yields 0.00%, so GGLL currently pays the higher dividend yield.
Is TSL better than GGLL?
GGLL has a lower expense ratio. 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.