Daily Dow Jones Internet Bull 3X Shares (WEBL)
WEBL is a passive ETF by Direxion tracking the investment results of the Dow Jones Internet Composite Index (300%). WEBL launched on Nov 7, 2019 and has a 1.17% expense ratio.
ETF Info
| ISIN | US25460E3642 |
|---|---|
| CUSIP | 25460E364 |
| Issuer | Direxion |
| Inception Date | Nov 7, 2019 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | Dow Jones Internet Composite Index (300%) |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The Daily Dow Jones Internet Bull 3X Shares has a high expense ratio of 1.17%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Daily Dow Jones Internet Bull 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Daily Dow Jones Internet Bull 3X Shares had a return of 13.85% year-to-date (YTD) and 114.15% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.85% | 6.92% |
| 1 month | -9.87% | -2.83% |
| 6 months | 115.75% | 23.86% |
| 1 year | 114.15% | 23.33% |
| 5 years (annualized) | N/A | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.74% | 16.09% | 2.15% | |||||||||
| 2023 | -17.83% | -14.99% | 38.63% | 26.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Daily Dow Jones Internet Bull 3X Shares(WEBL)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Daily Dow Jones Internet Bull 3X Shares granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $3.05 | $0.00 | $0.02 |
Dividend yield | 0.00% | 0.00% | 0.00% | 4.79% | 0.00% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Daily Dow Jones Internet Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.05 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Daily Dow Jones Internet Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Daily Dow Jones Internet Bull 3X Shares was 94.44%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Daily Dow Jones Internet Bull 3X Shares drawdown is 81.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -94.44% | Sep 8, 2021 | 330 | Dec 28, 2022 | — | — | — |
| -70.05% | Feb 21, 2020 | 19 | Mar 18, 2020 | 66 | Jun 22, 2020 | 85 |
| -40.3% | Feb 16, 2021 | 15 | Mar 8, 2021 | 96 | Jul 23, 2021 | 111 |
| -35.4% | Sep 3, 2020 | 11 | Sep 18, 2020 | 62 | Dec 16, 2020 | 73 |
| -17.63% | Jul 26, 2021 | 18 | Aug 18, 2021 | 13 | Sep 7, 2021 | 31 |
Volatility
Volatility Chart
The current Daily Dow Jones Internet Bull 3X Shares volatility is 18.86%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.