Direxion Daily GOOGL Bull 2X ETF (GGLL)
Direxion Daily GOOGL Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $101.64, down 0.14% on the session, giving a market capitalisation of $904.6M. Its beta of 2.58 implies it has historically moved more than the broad market.
The Direxion Daily GOOGL Bull 2X ETF and its counterpart, the Direxion Daily GOOGL Bear 1X ETF, are designed to generate specific daily returns tied to the performance of Alphabet Inc.'s Class A shares (NASDAQ: GOOGL). Before accounting for fees and expenses, the Bull 2X ETF endeavors to provide daily investment results equivalent to 200% (or double) the daily movement of GOOGL stock, while the Bear 1X ETF aims for daily returns mirroring 100% of the inverse (or opposite) performance of Alphabet's Class A shares.
Direxion Daily GOOGL Bull 2X ETF is most often compared with the following Financial Services names: