TYD vs. WEBL

Last updated Jun 13, 2026

TYD (Direxion Daily 7-10 Year Treasury Bull 3X) and WEBL (Daily Dow Jones Internet Bull 3X Shares) are both exchange-traded funds - TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index, while WEBL is a Leveraged Equities fund tracking the Dow Jones Internet Composite Index (300%). Both are passively managed. Over the past 5 years, TYD returned -13.19%/yr vs -21.02%/yr for WEBL. At a 0.05 correlation, their price movements are largely independent. TYD charges 1.09%/yr vs 1.17%/yr for WEBL.

Performance

TYD vs. WEBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Daily Dow Jones Internet Bull 3X Shares (WEBL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYD achieves a -5.80% return, which is significantly higher than WEBL's -14.87% return.

TYD

• 1D: -0.33%
• 1M: -0.25%
• YTD: -5.80%
• 6M: -5.59%
• 1Y: -1.08%
• 3Y*: -3.95%
• 5Y*: -13.19%
• 10Y*: -5.12%

WEBL

• 1D: -0.89%
• 1M: -2.18%
• YTD: -14.87%
• 6M: -15.88%
• 1Y: -12.75%
• 3Y*: 27.57%
• 5Y*: -21.02%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TYD vs. WEBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TYD Direxion Daily 7-10 Year Treasury Bull 3X	-5.80%	11.68%	-13.89%	-2.87%	-43.32%	-11.36%	27.62%	-2.64%
WEBL Daily Dow Jones Internet Bull 3X Shares	-14.87%	2.37%	76.78%	165.50%	-91.04%	2.73%	132.56%	10.36%

Correlation

The correlation between TYD and WEBL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019	0.05

The correlation between TYD and WEBL shifts across timeframes, from 0.05 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.

TYD vs. WEBL - Sectors Allocation Comparison

Sectors	TYD	WEBL
Financial Services	21.2%	2.4%
Basic Materials	-	-
Communication Services	-	29.7%
Consumer Cyclical	-	27.7%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	1.1%
Industrials	-	1.4%
Real Estate	-	-
Technology	-	37.7%
Utilities	-	-

Return for Risk

TYD vs. WEBL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TYD

TYD Risk / Return Rank: 8
TYD Sharpe Ratio Rank: 9
TYD Sortino Ratio Rank: 8
TYD Omega Ratio Rank: 8
TYD Calmar Ratio Rank: 9
TYD Martin Ratio Rank: 9

WEBL

WEBL Risk / Return Rank: 8
WEBL Sharpe Ratio Rank: 7
WEBL Sortino Ratio Rank: 9
WEBL Omega Ratio Rank: 9
WEBL Calmar Ratio Rank: 8
WEBL Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TYD vs. WEBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Daily Dow Jones Internet Bull 3X Shares (WEBL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TYD	WEBL	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	-0.22	+0.14
Sortino ratio: Return per unit of downside risk	-0.01	0.07	-0.09
Omega ratio: Gain probability vs. loss probability	1.00	1.01	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.08	-0.23	+0.15
Martin ratio: Return relative to average drawdown	-0.20	-0.48	+0.28

TYD vs. WEBL - Sharpe Ratio Comparison

The current TYD Sharpe Ratio is -0.08, which is higher than the WEBL Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of TYD and WEBL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TYD vs. WEBL - Drawdown Comparison

The maximum TYD drawdown since its inception was -64.28%, smaller than the maximum WEBL drawdown of -94.44%. Use the drawdown chart below to compare losses from any high point for TYD and WEBL.

Drawdown Indicators

	TYD	WEBL	Difference
Max Drawdown Largest peak-to-trough decline	-64.28%	-94.44%	+30.16%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-56.57%	+43.03%
Max Drawdown (3Y) Largest decline over 3 years	-24.62%	-60.82%	+36.20%
Max Drawdown (5Y) Largest decline over 5 years	-59.84%	-94.44%	+34.60%
Max Drawdown (10Y) Largest decline over 10 years	-64.28%	—	—
Current Drawdown Current decline from peak	-59.06%	-74.94%	+15.88%
Average Drawdown Average peak-to-trough decline	-22.00%	-58.90%	+36.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.30%	26.44%	-21.14%

Volatility

TYD vs. WEBL - Volatility Comparison

The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 4.49%, while Daily Dow Jones Internet Bull 3X Shares (WEBL) has a volatility of 19.12%. This indicates that TYD experiences smaller price fluctuations and is considered to be less risky than WEBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYD	WEBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	19.12%	-14.63%
Volatility (6M) Calculated over the trailing 6-month period	9.76%	45.07%	-35.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	57.70%	-43.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.97%	80.76%	-57.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.36%	82.82%	-62.46%

TYD vs. WEBL - Expense Ratio Comparison

TYD has a 1.09% expense ratio, which is lower than WEBL's 1.17% expense ratio.

Dividends

TYD vs. WEBL - Dividend Comparison

TYD's dividend yield for the trailing twelve months is around 3.22%, more than WEBL's 0.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TYD Direxion Daily 7-10 Year Treasury Bull 3X	3.22%	2.97%	3.10%	2.71%	0.55%	0.00%	9.80%	0.92%	1.10%	0.01%	6.84%	1.65%
WEBL Daily Dow Jones Internet Bull 3X Shares	0.23%	0.25%	0.00%	0.00%	0.00%	4.79%	0.00%	0.06%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TYD and WEBL in my portfolio?

TYD and WEBL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYD or WEBL?

WEBL has higher volatility (19.12%) compared to TYD (4.49%). In terms of maximum drawdown, TYD dropped -64.28% vs WEBL's -94.44%.

Which ETF is better, TYD or WEBL?

On 5-year performance, TYD leads with -13.19% vs -21.02% for WEBL. On fees, TYD is cheaper at 1.09% per year. On volatility, TYD has been the lower-risk option at 4.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TYD or WEBL?

Over the 5-year period, TYD has performed better with a -13.19% return vs -21.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TYD or WEBL?

TYD is cheaper with a 1.09% expense ratio, compared with 1.17% for WEBL.

Which ETF pays a higher dividend yield, TYD or WEBL?

TYD has the higher dividend yield at 3.22%, compared with 0.23% for WEBL.

What is the main difference between TYD and WEBL?

TYD is categorized as Leveraged Bonds, while WEBL is Leveraged Equities. TYD tracks NYSE 7-10 Year Treasury Bond Index, while WEBL tracks Dow Jones Internet Composite Index (300%). Their fees differ too: 1.09% for TYD and 1.17% for WEBL.

Which has better risk-adjusted returns?

TYD currently has the higher Sharpe Ratio (-0.08 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.