Direxion Daily GOOGL Bear 1X Shares (GGLS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
58.18 USD
-1.05
(-1.781%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 58.05 -0.13 (-0.125%) ⇩ (Aug. 28, 2026, 7:34 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:51 a.m. EDT
This instrument is a dangerous trap disguised as a yield generator. The headline 3% dividend is a mirage; the payout history shows massive volatility and erratic increases that bear no relation to sustainable corporate earnings, as the issuer is a leveraged inverse ETF tracking Google's performance. The underlying business is deteriorating, evidenced by a brutal 44% drop over the last two years with two consecutive years of double-digit declines. While the price has recently stabilized near the 52-week low, the long-term trajectory is structurally broken, making any 'buy' thesis based on value or dividends fundamentally flawed. The short-term outlook remains neutral-to-bearish because the statistical forecast offers no edge, and the options market provides no bullish spark to counteract the relentless drag of the underlying asset's decline. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.033042 |
| AutoTheta | 0.037231 |
| AutoETS | 0.037252 |
| AutoARIMA | 0.037253 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 0.17 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.332 |
| Excess Kurtosis | 0.57 |
As of Aug. 22, 2026, 5:51 a.m. EDT: Options activity is extremely thin and lacks meaningful directional conviction. Call volume is negligible across all expirations, while put activity is sporadic and concentrated in deep out-of-the-money strikes. The lack of significant open interest or volume at key strikes suggests speculators are not positioning for a specific near-term move, likely due to the illiquid nature of leveraged inverse products.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.56% | 2.48% | 3.71% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.33 | 0.558376 |
| 2026-03-24 | 0.53 | 0.731034 |
| 2025-12-23 | 0.64 | 0.948851 |
| 2025-09-23 | 0.21 | 0.244186 |
| 2025-06-24 | 1.46 | 1.114504 |
| 2025-03-25 | 0.99 | 0.744921 |
| 2024-12-23 | 1.19 | 1.005068 |
| 2024-09-24 | 1.24 | 0.860513 |
| 2024-06-25 | 2.02 | 1.579359 |
| 2024-03-19 | 0.79 | 0.486154 |
| 2023-12-21 | 1.91 | 1.116959 |
| 2023-09-19 | 3.06 | 1.739625 |
| 2023-06-21 | 2.77 | 1.356513 |
| 2023-03-21 | 2.25 | 0.948167 |
| 2022-12-20 | 0.48 | 0.166957 |
| 2022-09-20 | 0.10 | 0.038110 |
| Attribute | Value |
|---|---|
| All Time High | 311.79 |
| All Time Low | 14.586 |
| Ask | 59.45 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 60,460 |
| Average Daily Volume3 Month | 792,702 |
| Average Volume | 792,702 |
| Average Volume10Days | 60,460 |
| Beta3 Year | -1.11 |
| Bid | 51.15 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 59.23 |
| Day Low | 57.82 |
| Dividend Yield | 3.01 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 58.1341 |
| Fifty Day Average Change | 0.04119873 |
| Fifty Day Average Change Percent | 0.0007086844 |
| Fifty Two Week Change Percent | -42.796135 |
| Fifty Two Week High | 106.0 |
| Fifty Two Week High Change | -47.8247 |
| Fifty Two Week High Change Percent | -0.4511764 |
| Fifty Two Week Low | 50.65 |
| Fifty Two Week Low Change | 7.525299 |
| Fifty Two Week Low Change Percent | 0.1485745 |
| Fifty Two Week Range | 50.65 - 106.0 |
| First Trade Date Milliseconds | 1,663,335,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -1.0547 |
| Fullday Change Percent | -1.78068 |
| Fullday Price | 58.05 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,662,422,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of the it’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to GOOGL, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily GOOGL Bear 1X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146311 |
| Nav Price | 58.961 |
| Net Assets | 18,540,452.0 |
| Net Expense Ratio | 1.02 |
| Open | 59.23 |
| Phone | 866-476-7523 |
| Post Market Change | -0.12530136 |
| Post Market Change Percent | -0.21538584 |
| Post Market Price | 58.05 |
| Post Market Time | 1,787,960,062 |
| Previous Close | 59.23 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.054699 |
| Regular Market Change Percent | -1.7806838 |
| Regular Market Day High | 59.23 |
| Regular Market Day Low | 57.82 |
| Regular Market Day Range | 57.82 - 59.23 |
| Regular Market Open | 59.23 |
| Regular Market Previous Close | 59.23 |
| Regular Market Price | 58.1753 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 74,438 |
| Short Name | Direxion Daily GOOGL Bear 1X ET |
| Source Interval | 15 |
| Symbol | GGLS |
| Three Year Average Return | -0.2960555 |
| Total Assets | 18,540,452 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 6.05244 |
| Trailing Three Month Returns | 6.05244 |
| Triggerable | 1 |
| Two Hundred Day Average | 63.120476 |
| Two Hundred Day Average Change | -4.945175 |
| Two Hundred Day Average Change Percent | -0.07834502 |
| Type Disp | ETF |
| Volume | 74,438 |
| Yield | 0.0301 |
| Ytd Return | -15.18458 |