GGLS vs SHRT

Comparison between DIREXION DAILY GOOGL BEAR 1X SHARES (GGLS, ETF) and GOTHAM SHORT STRATEGIES ETF (SHRT, ETF).

GGLS vs SHRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GGLS(ETF)	SHRT(ETF)
Net Assets	$17M	$17M
Expense Ratio	1.02%	1.35%
Max Drawdown	83.50%	26.66%
Sharpe Ratio	-2.78	-1.94
5Y Beta	-1.10	-0.43
P/E Ratio	N/A	26.09
Forward P/E	N/A	16.37
Debt to Equity	N/A	-2.50%
P/S Ratio	N/A	1.61
P/B Ratio	N/A	3.55

Net Assets

GGLS

$17M

SHRT

$17M

Expense Ratio

Winner

GGLS

1.02%

SHRT

1.35%

Max Drawdown

GGLS

83.50%

Winner

SHRT

26.66%

Sharpe Ratio

GGLS

-2.78

Winner

SHRT

-1.94

5Y Beta

Winner

GGLS

-1.10

SHRT

-0.43

P/E Ratio

GGLS

N/A

SHRT

26.09

Forward P/E

GGLS

N/A

SHRT

16.37

Debt to Equity

GGLS

N/A

SHRT

-2.50%

P/S Ratio

GGLS

N/A

SHRT

1.61

P/B Ratio

GGLS

N/A

SHRT

3.55

GGLS vs SHRT - Historical Returns

Returns include dividend reinvestment.

Period	GGLS	SHRT
1 month	+5.25%	-1.43%
3 months	-19.85%	-12.41%
6 months	-14.48%	-14.56%
1 year	-56.06%	-19.95%
Max(CAGR)	-30.08%	-9.44%

Winner

GGLS

+5.25%

SHRT

-1.43%

GGLS

-19.85%

Winner

SHRT

-12.41%

Winner

GGLS

-14.48%

SHRT

-14.56%

GGLS

-56.06%

Winner

SHRT

-19.95%

Max(CAGR)

GGLS

-30.08%

Winner

SHRT

-9.44%

GGLS vs SHRT - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	GGLS	SHRT
2026	-16.04%	-15.86%
2025	-42.62%	-1.29%
2024	-27.17%	-2.64%
2023	-37.02%	-5.83%
2022	+19.63%	N/A

GGLS vs SHRT 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 SHRT was -25.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current GGLS drawdown is -79.50%. The current SHRT drawdown is -24.49%.

Rank	GGLS	SHRT
#1	-81.22% Nov 3, 2022 - May 13, 2026	-25.99% Aug 5, 2024 - Jun 2, 2026
#2	-8.73% Sep 30, 2022 - Oct 27, 2022	-7.34% Apr 19, 2024 - Aug 5, 2024
#3	-4.30% Oct 27, 2022 - Nov 1, 2022	-6.52% Nov 6, 2023 - Apr 19, 2024
#4	-2.67% Sep 27, 2022 - Sep 30, 2022	N/A
#5	-2.32% Sep 8, 2022 - Sep 13, 2022	N/A
#6	-0.55% Sep 21, 2022 - Sep 23, 2022	N/A
#7	-0.48% Sep 13, 2022 - Sep 15, 2022	N/A
#8	-0.13% Sep 16, 2022 - Sep 20, 2022	N/A