NFXL vs GGZ

Comparison between DIREXION DAILY NFLX BULL 2X SHARES (NFXL, ETF) and Gabelli Global Small and Mid Cap Value Trust (GGZ, ETF).

NFXL vs GGZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NFXL(ETF)	GGZ(ETF)
Net Assets	$141M	$141M
Max Drawdown	81.37%	59.05%
Sharpe Ratio	-1.67	1.30
5Y Beta	1.44	0.71
5Y Dividends CAGR	N/A	-0.25%

Net Assets

NFXL

$141M

Winner

GGZ

$141M

Max Drawdown

NFXL

81.37%

Winner

GGZ

59.05%

Sharpe Ratio

NFXL

-1.67

Winner

GGZ

1.30

5Y Beta

NFXL

1.44

Winner

GGZ

0.71

5Y Dividends CAGR

NFXL

N/A

GGZ

-0.25%

NFXL vs GGZ - Historical Returns

Returns include dividend reinvestment.

Period	NFXL	GGZ
1 month	-13.49%	-0.06%
3 months	-47.94%	-0.03%
6 months	-43.16%	+5.65%
1 year	-75.39%	+25.19%
5 years(CAGR)	N/A	+6.51%
10 years(CAGR)	N/A	+8.78%
Max(CAGR)	-23.19%	+7.13%

NFXL

-13.49%

Winner

GGZ

-0.06%

NFXL

-47.94%

Winner

GGZ

-0.03%

NFXL

-43.16%

Winner

GGZ

+5.65%

NFXL

-75.39%

Winner

GGZ

+25.19%

5Y(CAGR)

NFXL

N/A

GGZ

+6.51%

10Y(CAGR)

NFXL

N/A

GGZ

+8.78%

Max(CAGR)

NFXL

-23.19%

Winner

GGZ

+7.13%

NFXL vs GGZ - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	NFXL	GGZ
2026	-50.37%	+10.03%
2025	-10.70%	+34.93%
2024	+50.97%	+6.27%
2023	N/A	+9.40%
2022	N/A	-26.24%
2021	N/A	+31.96%
2020	N/A	+17.72%
2019	N/A	+23.99%
2018	N/A	-22.81%
2017	N/A	+19.62%
2016	N/A	+4.79%
2015	N/A	+0.10%
2014	N/A	-3.45%

NFXL vs GGZ Drawdown Comparison

The maximum drawdown for NFXL was -80.07%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for GGZ was -56.04%, occurring on Mar 18, 2020. Recovery took 792 trading sessions.

The current NFXL drawdown is -79.44%. The current GGZ drawdown is -2.62%.

Rank	NFXL	GGZ
#1	-80.07% Jun 30, 2025 - Jul 20, 2026	-56.04% Oct 12, 2017 - Dec 4, 2020
#2	-37.56% Feb 14, 2025 - Apr 24, 2025	-39.38% Nov 12, 2021 - Jul 3, 2025
#3	-22.85% Dec 11, 2024 - Jan 22, 2025	-15.48% Jun 22, 2015 - Sep 6, 2016
#4	-12.44% Oct 10, 2024 - Oct 18, 2024	-10.35% Feb 25, 2026 - Jun 29, 2026
#5	-8.17% May 2, 2025 - May 15, 2025	-9.39% Sep 7, 2016 - Jan 25, 2017
#6	-8.14% Nov 21, 2024 - Dec 4, 2024	-8.84% Sep 19, 2025 - Dec 19, 2025
#7	-7.73% Jun 5, 2025 - Jun 24, 2025	-8.33% Jul 3, 2014 - Apr 8, 2015
#8	-6.17% Oct 21, 2024 - Nov 6, 2024	-5.54% Jun 10, 2021 - Sep 2, 2021
#9	-5.14% Oct 4, 2024 - Oct 8, 2024	-5.27% Sep 3, 2021 - Oct 20, 2021
#10	-4.55% Dec 6, 2024 - Dec 11, 2024	-4.75% May 7, 2021 - May 21, 2021
#11	-4.46% May 27, 2025 - Jun 2, 2025	-4.38% Aug 2, 2017 - Sep 13, 2017
#12	-3.85% Feb 10, 2025 - Feb 13, 2025	-3.58% Jan 7, 2021 - Feb 4, 2021
#13	-3.53% Nov 14, 2024 - Nov 18, 2024	-3.33% Jul 23, 2025 - Aug 12, 2025
#14	-2.79% Jan 23, 2025 - Feb 4, 2025	-3.26% Jul 6, 2026 - Jul 20, 2026
#15	-1.68% May 21, 2025 - May 27, 2025	-3.18% Jan 26, 2026 - Feb 6, 2026

Correlation

Correlation between NFXL and GGZ is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.50

-101