GGLSDirexion Daily GOOGL Bear 1X Shares
Seeks daily investment results of -100% of the daily performance of GOOGL.
By Direxion Funds · Launched 2022
Annual Cost
1.02%
#5,438 of 6,040 · expensive
Fund Size
$11M
#4,951 of 6,040 · small
Return (1Y)
-31.1%
Track Record
4 years
#2,716 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$6,847-31.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Inverse
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
DREYFUS GOVERNMENT CASH MANAGE
68.5%
GOLDMAN FINANCIAL
23.7%
DREYFUS
9.1%
N/A
-2.4%
N/A
-3.4%
N/A
-4.5%
Asset allocation
Cash
101.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
31.6%High
Year-on-year price swings
Max drawdown
-81.2%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-1.10Below average
Sortino (3Y)
-1.47Moderate downside risk
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results of -100% of the daily performance of GOOGL.
- Strategy
- Invests at least 80% of net assets in financial instruments providing 1X daily inverse exposure to GOOGL. Concentrated in the communication services sector, the Fund rebalances daily to maintain its inverse exposure.
- Inception date
- September 6, 2022
- Fund family
- Direxion Funds
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Data updated on 2026-09-18