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:
-0.21
MSFT:
-0.50
WEBL:
0.14
MSFT:
-0.53
WEBL:
1.02
MSFT:
0.93
WEBL:
-0.15
MSFT:
-0.55
WEBL:
-0.77
MSFT:
-1.14
WEBL:
17.36%
MSFT:
9.48%
WEBL:
64.25%
MSFT:
21.72%
WEBL:
-94.44%
MSFT:
-69.39%
WEBL:
-82.59%
MSFT:
-19.74%
Returns By Period
In the year-to-date period, WEBL achieves a -39.45% return, which is significantly lower than MSFT's -11.30% return.
WEBL
-39.45%
-34.86%
-11.81%
-14.46%
4.83%
N/A
MSFT
-11.30%
-3.99%
-10.07%
-10.58%
20.51%
26.45%
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Risk-Adjusted Performance
WEBL vs. MSFT — Risk-Adjusted Performance Rank
WEBL
MSFT
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's dividend yield for the trailing twelve months is around 0.15%, less than MSFT's 0.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEBL Daily Dow Jones Internet Bull 3X Shares | 0.15% | 0.00% | 0.00% | 0.00% | 4.79% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.85% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% | 2.48% |
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 35.51% compared to Microsoft Corporation (MSFT) at 6.89%. 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.