GGLS vs VOO

GGLS vs VOO

Which is better, GGLS or VOO?

Opposite sides of the same exposure.

VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.50, so holding both offsets the exposure while paying both fees.

Lower Fees: VOOHigher Returns: VOO

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricGGLSVOO
Expense Ratio1.02%0.03%Best
AUM$10M$997.4B
Dividend Yield3.01%1.08%
Holdings6509
YTD Return-10.35%+13.37%Best
1Y Return-34.71%+20.08%Best
3Y Return (annualized)-28.47%+21.29%Best
5Y Return (annualized)-+12.89%
Volatility (annualized)29.1%13.2%Best
Max Drawdown-81.2%-18.7%Best
$10,000 over 4 years$2,754$20,393Best
Fund FamilyDirexion Shares ETF TrustVanguard (US)
CategoryAlternativeEquity
StyleTrading-Inverse EquityLarge Cap Blend
InceptionSep 7, 2022Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 8, 2022 to Sep 4, 2026 (4 years).

GGLS vs VOO growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4 years both funds cover.

GGLS vs VOO Performance

Direxion Daily GOOGL Bear 1X ETF (GGLS) is an ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year GGLS returned -34.71% while VOO returned +20.08%. Year to date, GGLS is down 10.35% versus a gain of 13.37% for VOO.

Over three years, GGLS compounded at -28.47% per year against +21.29% for VOO. Across the full 4-year window we track, VOO has the edge at +19.50% annualized vs -27.56%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GGLS has been the more volatile fund, with annualized monthly volatility of 29.1% compared with 13.2% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -81.2% for GGLS and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at -0.50. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.

Fees and Cost Over Time

GGLS charges 1.02% per year while VOO charges 0.03%. On a $10,000 position that is $102 vs $3 annually, a gap of $99 per year that compounds over a long holding period. On income, GGLS currently yields 3.01% against 1.08% for VOO.

Holdings Overlap

We hold position weights for 3 holdings in GGLS and 505 in VOO, totalling 118.7% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 3 positions we hold weights for in GGLS and 505 in VOO, against full books of 6 and 509.

You are not choosing between two funds in isolation.

Whichever of GGLS and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

GGLSVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, GGLS or VOO?

GGLS has an expense ratio of 1.02% while VOO charges 0.03%. VOO is the cheaper option, by $99 a year on a $10,000 investment.

Which performed better, GGLS or VOO?

Over the past year GGLS returned -34.71% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), GGLS annualized -27.56% vs +19.50% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GGLS or VOO?

GGLS has been the more volatile fund at 29.1% annualized versus 13.2% for VOO. Worst drawdown: GGLS -81.2% vs VOO -18.7%.

Should I hold both GGLS and VOO?

GGLS and VOO have a monthly-return correlation of -0.50, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.

Which pays a higher dividend, GGLS or VOO?

GGLS yields 3.01% while VOO yields 1.08%, so GGLS currently pays the higher dividend yield.

Is VOO better than GGLS?

VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.50, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.