WEBL Direxion Daily Dow Jones Internet Bull 3X Shares
WEBL Fund Description
WEBL provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies.
WEBL Factset Analytics Insight
Overview Insight: WEBL is passively managed to provide 3x leveraged daily exposure to the Dow Jones Internet Composite Index. The index is composed of the 40 largest and most actively traded U.S. internet technology and commerce companies. Companies selected are determined by the Index Provider to derive a majority of their sales from activities such as online retail, social media, advertising, travel platforms, cloud computing or digital marketing. Because of daily rebalancing and the compounding over time, the return of the Fund for periods longer than a day, will very likely differ from 300% of the return of the Index over the same period.
WEBL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WEBL. WEBL is rated a N/A out of 5.