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GGLLDirexion Daily GOOGL Bull 2X Shares

Take a bet3y track recordRanked #74 of 949 in this goal

Seeks daily investment results of 200% of the daily performance of GOOGL.

By Direxion Funds · Launched 2022

Annual Cost

0.96%

#4,996 of 5,861 · expensive

Fund Size

$1.2B

#1,039 of 5,861 · large

Return (1Y)Goal

+170.6%

Track Record

3 years

#2,703 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$28,410+184.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

single-stock bet — holdings shown are derivatives collateral, not diversification

DREYFUS GOVERNMENT CASH MANAGE
36.2%
DREYFUS
17.6%
GOLDMAN FINANCIAL
17.3%
Alphabet Inc.
11.5%
GOLDMAN SACHS LIQ ES FD A
6.6%
N/A
4.1%
N/A
3.8%
N/A
-1.0%
N/A
-1.2%
N/A
-1.4%

Asset allocation

Cash
89.5%
Stocks
10.5%

By sector

Communication
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
64.4%High

Year-on-year price swings

Max drawdown
-52.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.04Strong risk-adjusted returns
Sortino (3Y)
1.58Good downside protection

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of GOOGL.
Strategy
Invests at least 80% of net assets in securities of GOOGL and financial instruments, such as swap agreements, to provide 2X daily leveraged exposure to GOOGL. The Fund is concentrated in the communication services sector and the interactive media & services industry.
Inception date
September 6, 2022
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04