GGLL vs. QQQU ETF Comparison

Comparison of Direxion Daily GOOGL Bull 1.5X Shares (GGLL) to Direxion Daily Concentrated Qs Bull 2X Shares (QQQU)
GGLL

Direxion Daily GOOGL Bull 1.5X Shares

GGLL Description

Direxion Daily GOOGL Bull 1.5X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across online advertising services sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. Direxion Daily GOOGL Bull 1.5X Shares is domiciled in the United States.

Grade (RS Rating)

Last Trade

$39.21

Average Daily Volume

634,256

Number of Holdings *

1

* may have additional holdings in another (foreign) market
QQQU

Direxion Daily Concentrated Qs Bull 2X Shares

QQQU Description QQQU provides daily 2x exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in the securities of the index, financial instruments including swap and futures agreements, and ETFs tracking the index, to provide the leveraged exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, QQQU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$36.97

Average Daily Volume

18,297

Number of Holdings *

7

* may have additional holdings in another (foreign) market
Performance
Period GGLL QQQU
30 Days 5.23% 4.64%
60 Days 7.38% 13.90%
90 Days 1.71% 22.77%
12 Months 42.70%
1 Overlapping Holdings
Symbol Grade Weight in GGLL Weight in QQQU Overlap
GOOGL A 18.12% 11.27% 11.27%
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