WEBL vs. GOOG
WEBL (Daily Dow Jones Internet Bull 3X Shares) is Leveraged Equities fund tracking the Dow Jones Internet Composite Index (300%), while GOOG (Alphabet Inc) is a stock. Over the past 5 years, WEBL returned -21.25%/yr vs 21.78%/yr for GOOG. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
WEBL vs. GOOG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WEBL achieves a -6.31% return, which is significantly lower than GOOG's 11.90% return.
WEBL
- 1D
- -1.69%
- 1M
- 10.05%
- 6M
- -5.66%
- YTD
- -6.31%
- 1Y
- -8.91%
- 3Y*
- 25.64%
- 5Y*
- -21.25%
- 10Y*
- —
GOOG
- 1D
- -1.23%
- 1M
- -2.09%
- 6M
- 5.53%
- YTD
- 11.90%
- 1Y
- 93.96%
- 3Y*
- 41.19%
- 5Y*
- 21.78%
- 10Y*
- 25.68%
WEBL vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WEBL Daily Dow Jones Internet Bull 3X Shares | -6.31% | 2.37% | 76.78% | 165.50% | -91.04% | 2.73% | 132.56% | 10.36% |
GOOG Alphabet Inc | 11.90% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 3.50% |
Correlation
The correlation between WEBL and GOOG is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019 | 0.68 |
Over the past year, the correlation between WEBL and GOOG has dropped to 0.46 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WEBL vs. GOOG — Risk / Return Rank
WEBL
GOOG
WEBL vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and Alphabet Inc (GOOG). 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.
| WEBL | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.36 | ||
| Sortino ratioReturn per unit of downside risk | -4.30 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.54 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 4.55 | -4.71 |
| Martin ratioReturn relative to average drawdown | -0.32 | 14.32 | -14.64 |
Loading charts...
Drawdowns
WEBL vs. GOOG - Drawdown Comparison
The maximum WEBL drawdown since its inception was -94.44%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for WEBL and GOOG.
Loading charts...
Drawdown Indicators
| WEBL | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.44% | -44.60% | -49.84% |
Max Drawdown (1Y)Largest decline over 1 year | -56.57% | -20.75% | -35.82% |
Max Drawdown (3Y)Largest decline over 3 years | -60.82% | -29.35% | -31.47% |
Max Drawdown (5Y)Largest decline over 5 years | -94.44% | -44.60% | -49.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.60% | — |
Current DrawdownCurrent decline from peak | -72.42% | -12.07% | -60.35% |
Average DrawdownAverage peak-to-trough decline | -59.08% | -8.91% | -50.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.92% | 6.59% | +21.33% |
Volatility
WEBL vs. GOOG - Volatility Comparison
Daily Dow Jones Internet Bull 3X Shares (WEBL) has a higher volatility of 19.25% compared to Alphabet Inc (GOOG) at 9.48%. This indicates that WEBL's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WEBL | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.25% | 9.48% | +9.77% |
Volatility (6M)Calculated over the trailing 6-month period | 47.67% | 21.67% | +26.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.25% | 29.50% | +29.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.12% | 31.42% | +49.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.67% | 29.12% | +53.55% |
Dividends
WEBL vs. GOOG - Dividend Comparison
WEBL's dividend yield for the trailing twelve months is around 0.17%, less than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WEBL Daily Dow Jones Internet Bull 3X Shares | 0.17% | 0.25% | 0.00% | 0.00% | 0.00% | 4.79% | 0.00% | 0.06% |
Frequently Asked Questions
WEBL and GOOG have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEBL has higher volatility (19.25%) compared to GOOG (9.48%). In terms of maximum drawdown, WEBL dropped -94.44% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.21 vs -0.15), 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.
Find the right allocation for WEBL and GOOG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer