WEBSDirexion Daily Dow Jones Internet Bear 3X Shares
WEBS Fund Description
WEBS provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies.
WEBS Factset Analytics Insight
WEBS is passively managed to provide 3x daily inverse 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.
WEBS Charts And Performance
WEBS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WEBS. WEBS is rated a N/A out of 5.