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Leveraged & Inverse ETFs

Direxion Daily GOOGL Bull 1.5X and Bear 1X Shares

The Direxion Daily GOOGL Bull 1.5X Shares and Direxion Daily GOOGL Bear 1X Shares seek daily investment results, before fees and expenses, of 150% and 100% of the inverse (or opposite), respectively, of the performance of the Class A shares of Alphabet Inc. (NASDAQ: GOOGL).

Important Notice to Investors: Effective April 2, 2024, Direxion will increase exposure and risk from 1.5X to 2X on Single Stock Daily Leveraged Bull ETFs. Read the Press Release.

Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases, and the Bear Fund will lose money even if the underlying stock’s performance decreases, over a period longer than a single day. Investing in the Funds is not equivalent to investing directly in GOOGL.

GGLL

NAV (Net Asset Value)$29.07As of Mar 04, 2024
1 Day NAV change$-1.26(-4.16%)As of Mar 04, 2024

GGLS

NAV (Net Asset Value)$18.02As of Mar 04, 2024
1 Day NAV change$+0.49(+2.78%)As of Mar 04, 2024
GGLLDirexion Daily GOOGL Bull 1.5X Shares
Daily Target
+150%
Intra-day Value
GGLL.IV
Daily NAV
$29.07
Daily Market Price
$29.07
Expense Ratio
(gross/net %)
5.13 / 1.06*
Daily Volume
480,446
Security Identifier
25461A841
Inception Date
Sep 07, 2022
GGLSDirexion Daily GOOGL Bear 1X Shares
Daily Target
-100%
Intra-day Value
GGLS.IV
Daily NAV
$18.02
Daily Market Price
$18.02
Expense Ratio
(gross/net %)
5.00 / 1.06*
Daily Volume
85,145
Security Identifier
25461A601
Inception Date
Sep 07, 2022

Operational Updates

  • 02/02/2024
    Direxion Announces Exposure and Risk Increase on Single Stock Daily Leveraged ETFs
    Read the Press Release
  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Set Up Your ETF Alerts Today

Documents & Downloads

  • GGLL GGLS Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • GGLL Prospectus
  • GGLS Prospectus
  • Daily Fund Holdings (csv)

Pricing & Performance

NAV and Market Price information as of 03/04/2024.

GGLL Direxion Daily GOOGL Bull 1.5X Shares
Net Asset Value (NAV)
$29.07Nav
$-1.26Change
-4.16%Change
Market Price Closing
$29.07Market
$-1.27Change
-4.19%Change
Premium / Discount
Change from Last Day Trading
Premium/Discount tool
GGLS Direxion Daily GOOGL Bear 1X Shares
Net Asset Value (NAV)
$18.02Nav
$+0.49Change
+2.78%Change
Market Price Closing
$18.02Market
$+0.49Change
+2.80%Change
Premium / Discount
Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
GGLL NAV
-2.50
4.26
-2.90
73.54
17.31
5.13 / 1.06*
09/07/2022
GGLL Market Close
-2.51
4.24
-3.36
73.23
17.28
5.13 / 1.06*
09/07/2022
GGLS NAV
1.35
-4.12
0.88
-34.69
-18.98
5.00 / 1.06*
09/07/2022
GGLS Market Close
1.28
-4.19
0.86
-34.66
-19.04
5.00 / 1.06*
09/07/2022

As of February 29, 2024

The Primary Listing Exchange is the NASDAQ.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2024, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds’ website at direxion.com.

Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Single Stock Exposure

Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. GOOGL is registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Information provided to or filed with the Securities and Exchange Commission by Alphabet Inc. pursuant to the Exchange Act can be located by reference to the Securities and Exchange Commission file number 001-37580 through the Securities and Exchange Commission’s website at www.sec.gov. In addition, information regarding Alphabet Inc. may be obtained from other sources including, but not limited to, press releases, newspaper articles and other publicly disseminated documents.

Important Information Regarding GGLL

The Direxion Daily GOOGL Bull 1.5X Shares (GGLL) seeks 150% daily leveraged investment results and thus will have an increase of volatility relative to the underlying GOOGL performance itself. Longer holding periods, higher volatility of GOOGL and leverage increase the impact of compounding on an investor’s returns. During periods of higher GOOGL volatility, the volatility of GOOGL may affect the fund’s performance.

Important Information Regarding GGLS

The Direxion Daily GOOGL Bear 1X Shares (GGLS) seeks daily inverse investment results and is very different from most other exchange-traded funds. Longer holding periods and higher volatility of GOOGL increase the impact of compounding on an investor’s returns. During periods of higher volatility, the volatility of GOOGL may affect the fund’s return as much as, or more than, the return of GOOGL.

Distributions

GGLL Direxion Daily GOOGL Bull 1.5X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.22645
09/20/202309/19/202309/26/20230.19133
06/22/202306/21/202306/28/20230.16784
03/22/202303/21/202303/28/20230.06784
12/21/202212/20/202212/28/20220.10031
09/21/202209/20/202209/27/20220.00607
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.22645
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.19133
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.16784
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.06784
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.10031
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/21/2022
Ex Date09/20/2022
Pay Date09/27/2022
Income Dividend0.00607
Short-Term Capital Gain
Long-Term Capital Gain

GGLS Direxion Daily GOOGL Bear 1X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.19088
09/20/202309/19/202309/26/20230.30614
06/22/202306/21/202306/28/20230.27676
03/22/202303/21/202303/28/20230.22468
12/21/202212/20/202212/28/20220.04815
09/21/202209/20/202209/27/20220.01002
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.19088
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.30614
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.27676
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.22468
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.04815
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/21/2022
Ex Date09/20/2022
Pay Date09/27/2022
Income Dividend0.01002
Short-Term Capital Gain
Long-Term Capital Gain

Documents

How to Buy

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

Documents & Downloads

How to Buy

While you can't purchase our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn more about buying Direxion ETFs

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