WEBL vs. MSFT
Compare and contrast key facts about Daily Dow Jones Internet Bull 3X Shares (WEBL) and Microsoft Corporation (MSFT).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEBL or MSFT.
Correlation
The correlation between WEBL and MSFT is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WEBL vs. MSFT - Performance Comparison
Key characteristics
WEBL:
1.47
MSFT:
0.92
WEBL:
1.92
MSFT:
1.27
WEBL:
1.26
MSFT:
1.17
WEBL:
0.97
MSFT:
1.18
WEBL:
7.04
MSFT:
2.71
WEBL:
11.90%
MSFT:
6.72%
WEBL:
57.04%
MSFT:
19.82%
WEBL:
-94.44%
MSFT:
-69.39%
WEBL:
-70.35%
MSFT:
-6.10%
Returns By Period
In the year-to-date period, WEBL achieves a 82.32% return, which is significantly higher than MSFT's 17.18% return.
WEBL
82.32%
16.87%
68.43%
78.67%
0.95%
N/A
MSFT
17.18%
5.41%
-1.63%
18.06%
23.86%
26.79%
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Risk-Adjusted Performance
WEBL vs. MSFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and Microsoft Corporation (MSFT). 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.
Dividends
WEBL vs. MSFT - Dividend Comparison
WEBL has not paid dividends to shareholders, while MSFT's dividend yield for the trailing twelve months is around 0.70%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEBL Daily Dow Jones Internet Bull 3X Shares | 0.00% | 0.00% | 0.00% | 4.79% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.70% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% | 2.59% |
Drawdowns
WEBL vs. MSFT - Drawdown Comparison
The maximum WEBL drawdown since its inception was -94.44%, which is greater than MSFT's maximum drawdown of -69.39%. Use the drawdown chart below to compare losses from any high point for WEBL and MSFT. For additional features, visit the drawdowns tool.
Volatility
WEBL vs. MSFT - Volatility Comparison
Daily Dow Jones Internet Bull 3X Shares (WEBL) has a higher volatility of 19.64% compared to Microsoft Corporation (MSFT) at 5.78%. This indicates that WEBL's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.