OCTJ vs GGLS

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

OCTJ vs GGLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

OCTJ

$19M

GGLS

$19M

Expense Ratio

Winner

OCTJ

0.79%

GGLS

1.02%

Max Drawdown

Winner

OCTJ

7.84%

GGLS

83.50%

Sharpe Ratio

Winner

OCTJ

0.59

GGLS

-1.65

5Y Beta

OCTJ

0.23

Winner

GGLS

-1.12

OCTJ vs GGLS - Historical Returns

Returns include dividend reinvestment.

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

Winner

OCTJ

+0.33%

GGLS

-4.83%

OCTJ

+1.10%

Winner

GGLS

+11.91%

Winner

OCTJ

+2.84%

GGLS

-11.81%

Winner

OCTJ

+5.39%

GGLS

-42.41%

Max(CAGR)

Winner

OCTJ

+6.02%

GGLS

-27.55%

OCTJ vs GGLS - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

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

OCTJ vs GGLS Drawdown Comparison

The maximum drawdown for OCTJ was -5.35%, occurring on Apr 8, 2025. Recovery took 32 trading sessions.

The maximum drawdown for GGLS was -81.22%, occurring on May 13, 2026. This drawdown has not yet recovered.

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

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

Correlation

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

-0.95

-101