Home / WEBL

What is WEBL?

WEBL provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
WEBL 11.70% 43.47% 40.46% -75.02% -18.45% -- --
WEBL (NAV) 11.91% 43.54% 40.78% -75.04% -17.21% -- --
Dow Jones Internet Composite Index 4.74% 16.50% 15.49% -24.10% 6.02% 3.86% 13.31%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

Direxion
11/07/19
1.01%
$132.54M
Dow Jones Internet Composite Index
N/A
Open-Ended Fund
Fund Home Page

Peers

N/A
N/A
Compare More ETFs

Fund Flows

-$0.00B 5 Days
-$0.00B 30 Days
-$0.01B 90 Days
More Fund Flows

WEBL Fund Structure

Yes
No
-- / --
N/A
N/A
Low
3
Daily

WEBL Tax Exposures

20.00% / 39.60%
--
No

WEBL Portfolio Data

49.64%
N/A

WEBL Index Data

Dow Jones Internet Composite Index
Market Cap
Market Cap
N/A

Factset Analytics Block Liquidity

As of 03/27/23

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.

WEBL Tradability

3,069,518
$24.87M
2,842,959
$21.44M
0.13%
$0.01
0.09%
0.89% / -1.04%
None
100.00%
50,000
56.86
0.01%
--
2,489
$8.03
N/A