GGLS vs OCTJ

Comparison between Direxion Daily GOOGL Bear 1X ETF (GGLS, ETF) and Innovator Premium Income 30 Barrier ETF - October (OCTJ, ETF).

GGLS vs OCTJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GGLS(ETF)	OCTJ(ETF)
Net Assets	$19M	$19M
Expense Ratio	1.02%	0.79%
Max Drawdown	83.50%	7.84%
Sharpe Ratio	-1.65	0.59
5Y Beta	-1.12	0.23

Net Assets

GGLS

$19M

Winner

OCTJ

$19M

Expense Ratio

GGLS

1.02%

Winner

OCTJ

0.79%

Max Drawdown

GGLS

83.50%

Winner

OCTJ

7.84%

Sharpe Ratio

GGLS

-1.65

Winner

OCTJ

0.59

5Y Beta

Winner

GGLS

-1.12

OCTJ

0.23

GGLS vs OCTJ - Historical Returns

Returns include dividend reinvestment.

Period	GGLS	OCTJ
1 month	-4.83%	+0.33%
3 months	+11.91%	+1.10%
6 months	-11.81%	+2.84%
1 year	-42.41%	+5.39%
Max(CAGR)	-27.55%	+6.02%

GGLS

-4.83%

Winner

OCTJ

+0.33%

Winner

GGLS

+11.91%

OCTJ

+1.10%

GGLS

-11.81%

Winner

OCTJ

+2.84%

GGLS

-42.41%

Winner

OCTJ

+5.39%

Max(CAGR)

GGLS

-27.55%

Winner

OCTJ

+6.02%

GGLS vs OCTJ - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	GGLS	OCTJ
2026	-10.89%	+3.33%
2025	-42.62%	+5.64%
2024	-27.17%	+5.44%
2023	-37.02%	+3.01%
2022	+19.63%	N/A

GGLS vs OCTJ 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 OCTJ was -5.35%, occurring on Apr 8, 2025. Recovery took 32 trading sessions.

The current GGLS drawdown is -78.25%. The current OCTJ drawdown is -0.02%.

Rank	GGLS	OCTJ
#1	-81.22% Nov 3, 2022 - May 13, 2026	-5.35% Mar 24, 2025 - May 8, 2025
#2	-8.73% Sep 30, 2022 - Oct 27, 2022	-1.25% Feb 26, 2026 - Apr 8, 2026
#3	-4.30% Oct 27, 2022 - Nov 1, 2022	-1.04% Oct 28, 2025 - Nov 25, 2025
#4	-2.67% Sep 27, 2022 - Sep 30, 2022	-0.86% Feb 19, 2025 - Mar 21, 2025
#5	-2.32% Sep 8, 2022 - Sep 13, 2022	-0.81% Oct 16, 2023 - Nov 1, 2023
#6	-0.55% Sep 21, 2022 - Sep 23, 2022	-0.67% Sep 29, 2025 - Oct 20, 2025
#7	-0.48% Sep 13, 2022 - Sep 15, 2022	-0.66% Dec 6, 2024 - Dec 24, 2024
#8	-0.13% Sep 16, 2022 - Sep 20, 2022	-0.62% Sep 30, 2024 - Oct 14, 2024
#9	N/A	-0.58% Jul 26, 2024 - Aug 16, 2024
#10	N/A	-0.42% Oct 18, 2024 - Nov 6, 2024
#11	N/A	-0.37% May 15, 2025 - Jun 3, 2025
#12	N/A	-0.36% Nov 13, 2024 - Nov 26, 2024
#13	N/A	-0.36% Jan 6, 2025 - Jan 15, 2025
#14	N/A	-0.35% Jan 22, 2025 - Feb 6, 2025
#15	N/A	-0.35% Jun 8, 2026 - Jun 12, 2026

Correlation

Correlation between GGLS and OCTJ is -0.95 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.95

-101