The Direxion Daily Googl Bull 2X Shares is a type of exchange-traded fund (ETF) that uses a technique called leverage to amplify the daily performance of the underlying index, in this case, the Nasdaq-100 Index, which is heavily weighted towards Google.
This ETF is designed to deliver 200% of the daily performance of the Nasdaq-100 Index, meaning if the index goes up, the ETF will go up twice as much, and if it goes down, the ETF will go down twice as much.
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About GGLL
GGLL is an actively managed ETF that seeks daily investment results of 200% of the daily performance of GOOGL.
The ETF is a Miscellaneous Trading--Leveraged Equity exchange-traded fund launched by Direxion Funds in 2022.
The management team has an average tenure of 2.99 years, with two members, Tony Ng and Paul Brigandi, joining in 2022.
GGLL has a single primary benchmark, the S&P 500 TR USD index, which accounts for 100% of the ETF's weighting.
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The top 10 holdings in the ETF's portfolio constitute 82.7% of its assets, meeting the SEC requirement for a nondiversified fund.
The ETF has 11 securities in its portfolio and does not have an ESG focus in its investment selection and management.
GGLL is part of the Miscellaneous global asset class and is within the Miscellaneous ETF group.
The ETF has 0.0% of its portfolio invested in foreign issues, with 33.1% allocated to domestic stock and 0.0% allocated to foreign stock.
The bond allocation in the ETF is 0.0%, with 0.0% domestic bond, 0.0% foreign bond, and 0.0% convertible bond.
The ETF has 27.6% of its portfolio in cash.
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Single Stock Exposure
The Direxion Daily GOOGL Bull 2X Shares (GGLL) focuses on a single stock, Alphabet Inc., which provides online advertising services in various regions worldwide.
Alphabet Inc. is registered under the Securities Exchange Act of 1934, as amended, with the Securities Exchange Commission file number 001-37580.
The company offers performance and brand advertising services, and information regarding Alphabet Inc. can be obtained from sources like press releases, newspaper articles, and publicly disseminated documents.
The fund invests in GOOGL that is equal to 200% of the value of the fund's net assets on a daily basis.
During periods of higher volatility, the volatility of GOOGL may affect the fund's performance, and the impact of compounding on an investor's returns can be significant.
The fund seeks 200% daily leveraged investment results, which means it will have an increase of volatility relative to the underlying GOOGL performance itself.
Longer holding periods and higher volatility of GOOGL increase the impact of compounding on an investor's returns, making it essential to understand the risks involved.
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Performance and Fees
Direxion Daily GOOGL Bull 2X Shares has a portfolio turnover rate of 52%, indicating it holds its assets for around 0.0 years.
High portfolio turnover can translate to higher expenses and lower aftertax returns. The average portfolio turnover is 699% for the Trading--Leveraged Equity category.
In August 2025, Direxion Daily GOOGL Bull 2X Shares returned 21.6%, earning it a grade of A in the Trading--Leveraged Equity category, where the average return was 3.9%.
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GGLL Fees & Performance
Direxion Daily GOOGL Bull 2X Shares has a portfolio turnover rate of 52%, which is significantly lower than the average portfolio turnover of 699% for the Trading--Leveraged Equity category.
High portfolio turnover can indeed translate to higher expenses and lower aftertax returns.
In August 2025, this ETF returned an impressive 21.6%, earning it a grade of A in the Trading--Leveraged Equity category, where the average return was only 3.9%.
A grade of A indicates that the return is in the highest 20% for that time period compared to all ETFs in that category.
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Stock Price Today
The current price of GGLL, the Direxion Daily GOOGL Bull 2X Shares ETF, is $64.29, and it's listed on the NASDAQ stock exchange.
This price can fluctuate constantly, so it's essential to check it regularly if you're considering investing in this ETF.
The NASDAQ stock exchange is one of the most popular and widely recognized exchanges in the world, providing a platform for investors to buy and sell stocks like GGLL.
Frequently Asked Questions
Is there a 2X googl etf?
Yes, there is a 2X GOOGL ETF called Direxion Daily GOOGL Bull 2X Shares (GGLL) that seeks 200% daily leveraged investment results. However, it comes with increased volatility, making it a high-risk investment for short-term traders.
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