Direxion Daily GOOGL Bear 1X Shares (GGLS)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
5.81 USD
+0.08
(1.396%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 5.84 +0.03 (0.516%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:53 a.m. EDT
This is a leveraged inverse ETF designed to profit from the decline of Alphabet (GOOGL), and the data confirms the thesis that the underlying asset is under severe pressure. The long-term rating is dismal because the security has suffered a 42% cumulative loss over the last two years, with two consecutive years of negative returns; despite the recent price dip, the structural trend remains firmly downward, making it a poor candidate for a 'buy and hold' strategy even for a bearish bet. The short-term outlook is bearish (2 stars); while the price has recently dipped below its 50-day average, the statistical forecast predicts a further 5% drop over the next 45 days, and the heavy put open interest suggests traders expect the decline to continue. The dividend yield of nearly 3% is misleading; it is a distribution of capital to cover the massive daily decay inherent in leveraged inverse products, not a sign of sustainable income. Investors should view this strictly as a tactical tool for short-term hedging or trading against a specific rally in Alphabet, not as a long-term investment vehicle. |
| Model | MAE |
|---|---|
| MSTL_80_120 ✓ | 0.047921 |
| MSTL_120 | 0.055980 |
| MSTL_80 | 0.061684 |
| MSTL | 0.062279 |
| AutoETS | 0.064484 |
| AutoARIMA | 0.064621 |
| AutoTheta | 0.082569 |
Forecast horizon: 60 days | Selected: MSTL_80_120
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 0.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.126 |
| Excess Kurtosis | -0.90 |
As of July 11, 2026, 6:53 a.m. EDT: Speculators are overwhelmingly positioning for further downside. Call open interest is heavily skewed out-of-the-money (96-99%), indicating bets on a rebound rather than immediate moves, while put open interest concentrates in-the-money strikes, suggesting a belief that prices will fall significantly below current levels. Implied volatility is elevated on puts relative to calls, reflecting fear of continued losses.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.56% | 2.48% | 3.71% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.033 | 0.558376 |
| 2026-03-24 | 0.053 | 0.731034 |
| 2025-12-23 | 0.064 | 0.948851 |
| 2025-09-23 | 0.021 | 0.244186 |
| 2025-06-24 | 0.146 | 1.114504 |
| 2025-03-25 | 0.099 | 0.744921 |
| 2024-12-23 | 0.119 | 1.005068 |
| 2024-09-24 | 0.124 | 0.860514 |
| 2024-06-25 | 0.202 | 1.579359 |
| 2024-03-19 | 0.079 | 0.486154 |
| 2023-12-21 | 0.191 | 1.116959 |
| 2023-09-19 | 0.306 | 1.739625 |
| 2023-06-21 | 0.277 | 1.356513 |
| 2023-03-21 | 0.225 | 0.948167 |
| 2022-12-20 | 0.048 | 0.166957 |
| 2022-09-20 | 0.010 | 0.038110 |
| Attribute | Value |
|---|---|
| All Time High | 31.179 |
| All Time Low | 5.065 |
| Ask | 5.84 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 12,628,130 |
| Average Daily Volume3 Month | 14,559,749 |
| Average Volume | 14,559,749 |
| Average Volume10Days | 12,628,130 |
| Beta3 Year | -1.13 |
| Bid | 5.8 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.82 |
| Day Low | 5.7201 |
| Dividend Yield | 2.99 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.5458 |
| Fifty Day Average Change | 0.26419973 |
| Fifty Day Average Change Percent | 0.047639605 |
| Fifty Two Week Change Percent | -52.369076 |
| Fifty Two Week High | 12.141 |
| Fifty Two Week High Change | -6.331 |
| Fifty Two Week High Change Percent | -0.52145624 |
| Fifty Two Week Low | 5.065 |
| Fifty Two Week Low Change | 0.7449999 |
| Fifty Two Week Low Change Percent | 0.14708783 |
| Fifty Two Week Range | 5.065 - 12.141 |
| First Trade Date Milliseconds | 1,663,335,000,000 |
| Full Exchange Name | NasdaqGM |
| 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 | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1791146311 |
| Nav Price | 5.733 |
| Net Assets | 12,876,899.0 |
| Net Expense Ratio | 1.02 |
| Open | 5.74 |
| Phone | 866-476-7523 |
| Post Market Change | 0.03000021 |
| Post Market Change Percent | 0.51635474 |
| Post Market Price | 5.84 |
| Post Market Time | 1,783,987,174 |
| Previous Close | 5.73 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0799999 |
| Regular Market Change Percent | 1.39616 |
| Regular Market Day High | 5.82 |
| Regular Market Day Low | 5.7201 |
| Regular Market Day Range | 5.7201 - 5.82 |
| Regular Market Open | 5.74 |
| Regular Market Previous Close | 5.73 |
| Regular Market Price | 5.81 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 9,879,252 |
| Short Name | Direxion Daily GOOGL Bear 1X ET |
| Source Interval | 15 |
| Symbol | GGLS |
| Three Year Average Return | -0.3098633 |
| Total Assets | 12,876,899 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -21.09795 |
| Trailing Three Month Returns | -21.09795 |
| Triggerable | 1 |
| Two Hundred Day Average | 6.754965 |
| Two Hundred Day Average Change | -0.9449649 |
| Two Hundred Day Average Change Percent | -0.13989191 |
| Type Disp | ETF |
| Volume | 9,879,252 |
| Yield | 0.0299 |
| Ytd Return | -14.51239 |