GGLS vs BTFX
Comparison between DIREXION DAILY GOOGL BEAR 1X SHARES (GGLS, ETF) and CoinShares Bitcoin Leverage ETF (BTFX, ETF).
GGLS vs BTFX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GGLS
$12M
BTFX
$12M
Expense Ratio
GGLS
1.02%
BTFX
N/A
Max Drawdown
GGLS
83.50%
Winner
BTFX
62.26%
Sharpe Ratio
GGLS
-2.48
Winner
BTFX
-0.47
5Y Beta
Winner
GGLS
-1.09
BTFX
2.32
GGLS vs BTFX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GGLS
+7.49%
BTFX
-3.08%
3M
Winner
GGLS
-17.29%
BTFX
-44.32%
6M
Winner
GGLS
-15.65%
BTFX
-31.97%
1Y
GGLS
-53.01%
Winner
BTFX
-45.71%
Max(CAGR)
GGLS
-29.52%
Winner
BTFX
+15.36%
GGLS vs BTFX - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | GGLS | BTFX |
|---|---|---|
| 2026 | -14.09% | N/A |
| 2025 | -42.62% | -40.83% |
| 2024 | -27.17% | +101.59% |
| 2023 | -37.02% | N/A |
| 2022 | +19.63% | N/A |
GGLS vs BTFX Drawdown Comparison
The maximum drawdown for GGLS was -81.22%, occurring on May 13, 2026. This drawdown has not yet recovered.
The maximum drawdown for BTFX was -62.26%, occurring on Sep 6, 2024. Recovery took 169 trading sessions.
The current GGLS drawdown is -79.03%. The current BTFX drawdown is -52.21%.
| Rank | GGLS | BTFX |
|---|---|---|
| #1 | -81.22% Nov 3, 2022 - May 13, 2026 | -62.26% Mar 13, 2024 - Nov 12, 2024 |
| #2 | -8.73% Sep 30, 2022 - Oct 27, 2022 | -59.08% Dec 17, 2024 - Nov 21, 2025 |
| #3 | -4.30% Oct 27, 2022 - Nov 1, 2022 | -17.53% Mar 4, 2024 - Mar 8, 2024 |
| #4 | -2.67% Sep 27, 2022 - Sep 30, 2022 | -16.59% Nov 22, 2024 - Dec 6, 2024 |
| #5 | -2.32% Sep 8, 2022 - Sep 13, 2022 | -11.23% Dec 6, 2024 - Dec 16, 2024 |
| #6 | -0.55% Sep 21, 2022 - Sep 23, 2022 | -5.32% Nov 13, 2024 - Nov 15, 2024 |
| #7 | -0.48% Sep 13, 2022 - Sep 15, 2022 | -3.34% Feb 22, 2024 - Feb 26, 2024 |
| #8 | -0.13% Sep 16, 2022 - Sep 20, 2022 | -2.28% Mar 11, 2024 - Mar 13, 2024 |
| #9 | N/A | -0.18% Nov 15, 2024 - Nov 19, 2024 |
Correlation
Correlation between GGLS and BTFX is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.24
-101
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