DV
Dividend Vision

GGLS — Direxion Daily GOOGL Bear 1X Shares

Direxion Daily GOOGL Bear 1X Shares (GGLS)

GGLS pays a 2.27% distribution rate, quarterly, on a 1.02% expense ratio. Total return is -73.0% over the past 3.9 years, 295.0 points behind GOOGL at 222.0%. Its deepest 1-year drawdown was 52.2%.

Direxion Daily GOOGL Bear 1X Shares is an ETF that seeks to deliver daily inverse (opposite) exposure to Alphabet stock through derivatives including swaps and options, making it move in the opposite direction of GOOGL on a daily basis. The fund has a modest current distribution rate and distributes quarterly, with an expense ratio of 1.02%. This ETF appeals to traders and investors seeking short-term bearish exposure to Alphabet or tactical hedging strategies, rather than buy-and-hold income investors.

GGLS key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
09/06/2022
Expense ratio
1.02%
Distribution rate
2.27%
Distribution frequency
Quarterly
Trailing yield
2.94%
Last close
$58.25
AUM
$11,868,717
Average volume
19500.0
Last dividend
$0.3300
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-1.11