Direxion Daily GOOGL Bull 2X ETF
GGLL
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1301 Avenue of the Americas, 28th Floor New York NY United States of America 10019
- IPO Date
- Sep 7, 2022
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily GOOGL Bull 1.5X Shares (GGLL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 150% of the performance of the common shares of Alphabet Inc. (GOOGL), the parent company of Google. The fund employs a leveraged investment strategy using financial instruments including swap agreements, securities of the underlying stock, exchange-traded funds, and money market instruments to achieve its objective. It provides leveraged exposure to Alphabet's core businesses in internet services, cloud computing, hardware, and digital advertising through a single, highly liquid ticker symbol traded on major U.S. exchanges. The fund's primary products and services focus on leveraged beta exposure specifically tied to GOOGL's performance, targeting sophisticated investors seeking amplified daily returns in bullish market conditions on Alphabet's stock; it does not offer inverse or multi-factor variants under this ticker. Direxion Shares, the issuer headquartered in Rye Brook, New York and established in 1997 as a subsidiary of Rafferty Asset Management, LLC, operates GGLL within its broader suite of over 50 tactical leveraged and inverse ETFs across equity indices, sectors, commodities, and currencies. The fund maintains global operational alignment with U.S. equity markets, serving institutional and retail traders primarily in North America through broker-dealers and financial advisors. In recent developments, Direxion announced enhancements to its leveraged ETF lineup in late 2024, including expanded daily rebalancing protocols and liquidity improvements for single-stock products like GGLL amid surging demand for tech sector leverage following Alphabet's AI infrastructure expansions. The firm completed a strategic partnership with a major options market maker in Q3 2025 to optimize swap counterparty exposure and reduce tracking error in volatile environments. No significant acquisitions, name changes, or reorganizations have been reported for GGLL or its issuer in the past two years, though Direxion continues to monitor regulatory shifts in leveraged ETF disclosures post-SEC approvals for increased single-stock offerings.