WEBLDirexion 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 MSCI ESG Analytics Insight
Direxion Daily Dow Jones Internet Bull 3X Shares has an MSCI ESG Fund Rating of BB based on a score of 4.83 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily Dow Jones Internet Bull 3X Shares ranks in the 24th percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
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.