{"url":"https://etfiq.com/compare/leverage/ggls-vs-goox","section":"compare","title":"GGLS vs GOOX: which held to its multiple? | ETFIQ","description":"GGLS sets out to return -1 times GOOGL each day and GOOX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.5 pts and \u22124.7 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, GGLS or GOOX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, GGLS finished 1.5 points from what its multiple implies and GOOX finished 4.7 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 GOOX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Alphabet, GGLS at -1 times and GOOX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, GGLS or GOOX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window GGLS\u2019s moved at 34% annualized and GOOX\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 GOOX 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 GOOX?","acceptedAnswer":{"@type":"Answer","text":"GGLS charges 1.02% a year and GOOX charges 1.05%, so GGLS 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 GOOX","item":"https://etfiq.com/compare/leverage/ggls-vs-goox"}]},{"@type":"WebPage","name":"GGLS vs GOOX: which held to its multiple?","description":"GGLS sets out to return -1 times GOOGL each day and GOOX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.5 pts and \u22124.7 pts away.","url":"https://etfiq.com/compare/leverage/ggls-vs-goox","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, GGLS finished 1.2 points over and GOOX 2.4 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 GOOX","description":"GGLS sets out to return -1 times GOOGL each day and GOOX +2 times. Over the three months to Sep 30, 2026 they finished \u22121.5 pts and \u22124.7 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ggls-vs-goox","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":7234,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / GGLS vs GOOX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n GGLS vs GOOX: which held to its multiple?\n\n Over three months against its own daily promise, GGLS finished 1.2 points over and GOOX 2.4 points short.\n Copy this for sharing \n \n Direxion Daily GOOGL Bear 1X ETF and T-REX 2X LONG ALPHABET DAILY TARGET ETF.\n\n Download as PDF \n\n +3.2% GGLS returned, 3 months \n \u221214.1% GOOX returned, 3 months \n \u22121.5 pts GGLS from its stated multiple \n \u22124.7 pts GOOX from its stated multiple \n\n ETFIQ Decay Resistance Score: GOOX scores higher\n D","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-goox","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":"GOOX","name":"T-REX 2X LONG ALPHABET DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: GOOX returned \u221214.1% where its own daily promise gave \u221211.7%, 2.4 points short.","url":"https://etfiq.com/funds/goox","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":"\u221214.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$63m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 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-goox"}