WEBL vs. HIBL

Last updated Apr 1, 2026

Compare and contrast key facts about Daily Dow Jones Internet Bull 3X Shares (WEBL) and Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL).

WEBL and HIBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEBL is a passively managed fund by Direxion that tracks the performance of the Dow Jones Internet Composite Index (300%). It was launched on Nov 7, 2019. HIBL is a passively managed fund by Direxion that tracks the performance of the S&P 500 High Beta Index (300%). It was launched on Nov 7, 2019. Both WEBL and HIBL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

WEBL vs. HIBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daily Dow Jones Internet Bull 3X Shares (WEBL) and Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL). The values are adjusted to include any dividend payments, if applicable.

WEBL vs. HIBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WEBL Daily Dow Jones Internet Bull 3X Shares	-38.49%	2.37%	76.78%	165.50%	-91.04%	2.73%	132.56%	13.47%
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares	-9.00%	60.38%	-0.40%	81.02%	-68.24%	129.14%	-24.96%	21.45%

Returns By Period

In the year-to-date period, WEBL achieves a -38.49% return, which is significantly lower than HIBL's -9.00% return.

WEBL

• 1D: 10.51%
• 1M: -13.07%
• YTD: -38.49%
• 6M: -47.90%
• 1Y: -10.71%
• 3Y*: 23.40%
• 5Y*: -24.23%
• 10Y*: —

HIBL

• 1D: 12.39%
• 1M: -18.58%
• YTD: -9.00%
• 6M: 3.39%
• 1Y: 130.41%
• 3Y*: 26.42%
• 5Y*: 0.92%
• 10Y*: —

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

WEBL vs. HIBL - Expense Ratio Comparison

WEBL has a 1.17% expense ratio, which is higher than HIBL's 1.12% expense ratio.

WEBL

Daily Dow Jones Internet Bull 3X Shares

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

Return for Risk

WEBL vs. HIBL — Risk / Return Rank

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

WEBL

WEBL Risk / Return Rank: 11
WEBL Sharpe Ratio Rank: 9
WEBL Sortino Ratio Rank: 15
WEBL Omega Ratio Rank: 15
WEBL Calmar Ratio Rank: 9
WEBL Martin Ratio Rank: 8

HIBL

HIBL Risk / Return Rank: 84
HIBL Sharpe Ratio Rank: 79
HIBL Sortino Ratio Rank: 82
HIBL Omega Ratio Rank: 80
HIBL Calmar Ratio Rank: 89
HIBL Martin Ratio Rank: 89

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.

WEBL vs. HIBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL). 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.

	WEBL	HIBL	Difference
Sharpe ratio Return per unit of total volatility	-0.15	1.45	-1.60
Sortino ratio Return per unit of downside risk	0.29	2.11	-1.82
Omega ratio Gain probability vs. loss probability	1.04	1.30	-0.27
Calmar ratio Return relative to maximum drawdown	-0.22	2.91	-3.13
Martin ratio Return relative to average drawdown	-0.55	11.05	-11.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WEBL vs. HIBL - Sharpe Ratio Comparison

The current WEBL Sharpe Ratio is -0.15, which is lower than the HIBL Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of WEBL and HIBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WEBL	HIBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	1.45	-1.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	0.01	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.10	-0.16

Correlation

The correlation between WEBL and HIBL is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

WEBL vs. HIBL - Dividend Comparison

WEBL's dividend yield for the trailing twelve months is around 0.32%, less than HIBL's 2.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
WEBL Daily Dow Jones Internet Bull 3X Shares	0.32%	0.25%	0.00%	0.00%	0.00%	4.79%	0.00%	0.06%
HIBL Direxion Daily S&P 500 High Beta Bull 3X Shares	2.54%	2.43%	0.82%	0.69%	0.00%	0.06%	0.19%	0.19%

Drawdowns

WEBL vs. HIBL - Drawdown Comparison

The maximum WEBL drawdown since its inception was -94.44%, which is greater than HIBL's maximum drawdown of -88.27%. Use the drawdown chart below to compare losses from any high point for WEBL and HIBL.

Drawdown Indicators

	WEBL	HIBL	Difference
Max Drawdown Largest peak-to-trough decline	-94.44%	-88.27%	-6.17%
Max Drawdown (1Y) Largest decline over 1 year	-56.57%	-44.08%	-12.49%
Max Drawdown (5Y) Largest decline over 5 years	-94.44%	-81.58%	-12.86%
Current Drawdown Current decline from peak	-81.89%	-28.99%	-52.90%
Average Drawdown Average peak-to-trough decline	-58.44%	-45.23%	-13.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.61%	11.61%	+11.00%

Volatility

WEBL vs. HIBL - Volatility Comparison

The current volatility for Daily Dow Jones Internet Bull 3X Shares (WEBL) is 22.01%, while Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) has a volatility of 26.35%. This indicates that WEBL experiences smaller price fluctuations and is considered to be less risky than HIBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEBL	HIBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.01%	26.35%	-4.34%
Volatility (6M) Calculated over the trailing 6-month period	44.90%	53.15%	-8.25%
Volatility (1Y) Calculated over the trailing 1-year period	71.97%	90.30%	-18.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.81%	81.90%	-1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.50%	92.44%	-8.94%