GGLS vs LBAY
Comparison between Direxion Daily GOOGL Bear 1X ETF (GGLS, ETF) and LEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF (LBAY, ETF).
GGLS vs LBAY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
GGLS
$19M
LBAY
$18M
Expense Ratio
Winner
GGLS
1.02%
LBAY
1.20%
Max Drawdown
GGLS
83.50%
Winner
LBAY
22.04%
Sharpe Ratio
GGLS
-1.65
Winner
LBAY
0.62
5Y Beta
Winner
GGLS
-1.12
LBAY
0.09
P/E Ratio
GGLS
N/A
LBAY
10.88
Forward P/E
GGLS
N/A
LBAY
15.89
5Y Dividends CAGR
GGLS
N/A
LBAY
15.44%
5Y EPS CAGR
GGLS
N/A
LBAY
11.96%
Debt to Equity
GGLS
N/A
LBAY
33.59%
P/S Ratio
GGLS
N/A
LBAY
1.94
P/B Ratio
GGLS
N/A
LBAY
2.60
GGLS vs LBAY - Historical Returns
Returns include dividend reinvestment.
1M
GGLS
-4.83%
Winner
LBAY
+5.45%
3M
Winner
GGLS
+11.91%
LBAY
+10.08%
6M
GGLS
-11.81%
Winner
LBAY
-0.89%
1Y
GGLS
-42.41%
Winner
LBAY
+13.44%
5Y(CAGR)
GGLS
N/A
LBAY
+6.74%
Max(CAGR)
GGLS
-27.55%
Winner
LBAY
+9.60%
GGLS vs LBAY - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | GGLS | LBAY |
|---|---|---|
| 2026 | -10.89% | +18.39% |
| 2025 | -42.62% | +4.66% |
| 2024 | -27.17% | -4.35% |
| 2023 | -37.02% | -8.50% |
| 2022 | +19.63% | +22.44% |
| 2021 | N/A | +22.29% |
| 2020 | N/A | +4.58% |
GGLS vs LBAY 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 LBAY was -15.99%, occurring on Oct 27, 2023. Recovery took 771 trading sessions.
The current GGLS drawdown is -78.25%. The current LBAY drawdown is -1.38%.
| Rank | GGLS | LBAY |
|---|---|---|
| #1 | -81.22% Nov 3, 2022 - May 13, 2026 | -15.99% Jan 6, 2023 - Feb 4, 2026 |
| #2 | -8.73% Sep 30, 2022 - Oct 27, 2022 | -13.61% Feb 27, 2026 - Aug 24, 2026 |
| #3 | -4.30% Oct 27, 2022 - Nov 1, 2022 | -12.94% Jun 7, 2022 - Nov 22, 2022 |
| #4 | -2.67% Sep 27, 2022 - Sep 30, 2022 | -10.45% May 17, 2021 - Jan 4, 2022 |
| #5 | -2.32% Sep 8, 2022 - Sep 13, 2022 | -5.77% Apr 20, 2022 - May 24, 2022 |
| #6 | -0.55% Sep 21, 2022 - Sep 23, 2022 | -5.34% Jan 14, 2021 - Feb 22, 2021 |
| #7 | -0.48% Sep 13, 2022 - Sep 15, 2022 | -4.14% Mar 15, 2021 - Mar 26, 2021 |
| #8 | -0.13% Sep 16, 2022 - Sep 20, 2022 | -2.91% Feb 24, 2021 - Mar 5, 2021 |
| #9 | N/A | -2.80% Feb 23, 2026 - Feb 27, 2026 |
| #10 | N/A | -2.70% Nov 24, 2020 - Dec 3, 2020 |
| #11 | N/A | -2.48% May 10, 2021 - May 14, 2021 |
| #12 | N/A | -2.25% Dec 2, 2022 - Dec 27, 2022 |
| #13 | N/A | -2.13% Dec 9, 2020 - Dec 31, 2020 |
| #14 | N/A | -2.01% Jan 18, 2022 - Feb 9, 2022 |
| #15 | N/A | -1.86% Mar 4, 2022 - Mar 21, 2022 |
Correlation
Correlation between GGLS and LBAY is -0.28 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.28
-101
Dividend Comparison (2020 - 2026)
GGLS vs LBAY dividend yield comparison.
| Year | GGLS | LBAY |
|---|---|---|
| 2026 | 1.45% | 2.12% |
| 2025 | 4.87% | 3.80% |
| 2024 | 4.31% | 3.77% |
| 2023 | 5.80% | 3.47% |
| 2022 | 0.20% | 2.74% |
| 2021 | 0.00% | 2.96% |
| 2020 | 0.00% | 0.29% |
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