SHRT vs GGLS

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

SHRT vs GGLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SHRT

$17M

GGLS

$17M

Expense Ratio

SHRT

1.35%

Winner

GGLS

1.02%

Max Drawdown

Winner

SHRT

26.66%

GGLS

83.50%

Sharpe Ratio

Winner

SHRT

-1.94

GGLS

-2.78

5Y Beta

SHRT

-0.43

Winner

GGLS

-1.10

P/E Ratio

SHRT

26.09

GGLS

N/A

Forward P/E

SHRT

16.37

GGLS

N/A

Debt to Equity

SHRT

-2.50%

GGLS

N/A

P/S Ratio

SHRT

1.61

GGLS

N/A

P/B Ratio

SHRT

3.55

GGLS

N/A

SHRT vs GGLS - Historical Returns

Returns include dividend reinvestment.

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

SHRT

-1.43%

Winner

GGLS

+5.25%

Winner

SHRT

-12.41%

GGLS

-19.85%

SHRT

-14.56%

Winner

GGLS

-14.48%

Winner

SHRT

-19.95%

GGLS

-56.06%

Max(CAGR)

Winner

SHRT

-9.44%

GGLS

-30.08%

SHRT vs GGLS - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

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

SHRT vs GGLS Drawdown Comparison

The maximum drawdown for SHRT was -25.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

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

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

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