{"url":"https://etfiq.com/compare/leverage/ggls-vs-gogl","section":"compare","title":"GGLS vs GOGL: which held to its multiple? | ETFIQ","description":"GGLS sets out to return -1 times GOOGL each day and GOGL +2 times. Over the three months to Sep 30, 2026 they finished \u22121.5 pts and \u22125.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, GGLS or GOGL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, GGLS finished 1.5 points from what its multiple implies and GOGL finished 5.1 points from its own, so GGLS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are GGLS and GOGL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Alphabet, GGLS at -1 times and GOGL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, GGLS or GOGL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window GGLS\u2019s moved at 34% annualized and GOGL\u2019s at 34%, so GGLS has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold GGLS or GOGL for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, GGLS or GOGL?","acceptedAnswer":{"@type":"Answer","text":"GGLS charges 1.02% a year and GOGL charges 0.45%, so GOGL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"GGLS vs GOGL","item":"https://etfiq.com/compare/leverage/ggls-vs-gogl"}]},{"@type":"WebPage","name":"GGLS vs GOGL: which held to its multiple?","description":"GGLS sets out to return -1 times GOOGL each day and GOGL +2 times. Over the three months to Sep 30, 2026 they finished \u22121.5 pts and \u22125.1 pts away.","url":"https://etfiq.com/compare/leverage/ggls-vs-gogl","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, GGLS finished 1.2 points over and GOGL 2.7 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of GGLS and GOGL","description":"GGLS sets out to return -1 times GOOGL each day and GOGL +2 times. Over the three months to Sep 30, 2026 they finished \u22121.5 pts and \u22125.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ggls-vs-gogl","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7216,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / GGLS vs GOGL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n GGLS vs GOGL: which held to its multiple?\n\n Over three months against its own daily promise, GGLS finished 1.2 points over and GOGL 2.7 points short.\n Copy this for sharing \n \n Direxion Daily GOOGL Bear 1X ETF and Corgi GOOGL 2x Daily ETF.\n\n Download as PDF \n\n +3.2% GGLS returned, 3 months \n \u221214.4% GOGL returned, 3 months \n \u22121.5 pts GGLS from its stated multiple \n \u22125.1 pts GOGL from its stated multiple \n\n ETFIQ Decay Resistance Score: GOGL scores higher\n Did it keep up w","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/ggls-vs-gogl","a":{"ticker":"GGLS","name":"Direxion Daily GOOGL Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GGLS returned +3.2% where its own daily promise gave +2.0%, 1.2 points over.","url":"https://etfiq.com/funds/ggls","key_facts":[{"label":"What GOOGL did","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"+2.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+3.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$13m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.02%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"GOGL","name":"Corgi GOOGL 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GOGL returned \u221214.4% where its own daily promise gave \u221211.7%, 2.7 points short.","url":"https://etfiq.com/funds/gogl","key_facts":[{"label":"What GOOGL did","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221211.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221214.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/ggls-vs-gogl"}