WEBL vs. UDOW
Compare and contrast key facts about Daily Dow Jones Internet Bull 3X Shares (WEBL) and ProShares UltraPro Dow30 (UDOW).
WEBL and UDOW 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. UDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (300%). It was launched on Feb 9, 2010. Both WEBL and UDOW 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. UDOW - Performance Comparison
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WEBL vs. UDOW - 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% |
UDOW ProShares UltraPro Dow30 | -13.10% | 24.46% | 28.47% | 32.72% | -32.39% | 65.67% | -17.15% | 9.51% |
Returns By Period
In the year-to-date period, WEBL achieves a -38.49% return, which is significantly lower than UDOW's -13.10% return.
WEBL
- 1D
- 10.51%
- 1M
- -13.07%
- YTD
- -38.49%
- 6M
- -47.90%
- 1Y
- -10.71%
- 3Y*
- 23.40%
- 5Y*
- -24.23%
- 10Y*
- —
UDOW
- 1D
- 7.38%
- 1M
- -16.17%
- YTD
- -13.10%
- 6M
- -5.67%
- 1Y
- 16.04%
- 3Y*
- 23.31%
- 5Y*
- 10.24%
- 10Y*
- 20.30%
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WEBL vs. UDOW - Expense Ratio Comparison
WEBL has a 1.17% expense ratio, which is higher than UDOW's 0.95% expense ratio.
Return for Risk
WEBL vs. UDOW — Risk / Return Rank
WEBL
UDOW
WEBL vs. UDOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and ProShares UltraPro Dow30 (UDOW). 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 | UDOW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.15 | 0.32 | -0.47 |
Sortino ratioReturn per unit of downside risk | 0.29 | 0.81 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.11 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | -0.22 | 0.65 | -0.87 |
Martin ratioReturn relative to average drawdown | -0.55 | 2.13 | -2.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WEBL | UDOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.15 | 0.32 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.23 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.50 | -0.56 |
Correlation
The correlation between WEBL and UDOW is 0.63, 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. UDOW - Dividend Comparison
WEBL's dividend yield for the trailing twelve months is around 0.32%, less than UDOW's 1.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEBL Daily Dow Jones Internet Bull 3X Shares | 0.32% | 0.25% | 0.00% | 0.00% | 0.00% | 4.79% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% |
UDOW ProShares UltraPro Dow30 | 1.56% | 1.38% | 0.95% | 0.95% | 0.83% | 0.26% | 0.19% | 0.61% | 0.73% | 0.13% | 0.26% | 0.21% |
Drawdowns
WEBL vs. UDOW - Drawdown Comparison
The maximum WEBL drawdown since its inception was -94.44%, which is greater than UDOW's maximum drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for WEBL and UDOW.
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Drawdown Indicators
| WEBL | UDOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.44% | -80.29% | -14.15% |
Max Drawdown (1Y)Largest decline over 1 year | -56.57% | -30.18% | -26.39% |
Max Drawdown (5Y)Largest decline over 5 years | -94.44% | -55.79% | -38.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.29% | — |
Current DrawdownCurrent decline from peak | -81.89% | -22.46% | -59.43% |
Average DrawdownAverage peak-to-trough decline | -58.44% | -14.46% | -43.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.61% | 9.21% | +13.40% |
Volatility
WEBL vs. UDOW - Volatility Comparison
Daily Dow Jones Internet Bull 3X Shares (WEBL) has a higher volatility of 22.01% compared to ProShares UltraPro Dow30 (UDOW) at 14.74%. This indicates that WEBL's price experiences larger fluctuations and is considered to be riskier than UDOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEBL | UDOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.01% | 14.74% | +7.27% |
Volatility (6M)Calculated over the trailing 6-month period | 44.90% | 27.64% | +17.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.97% | 50.20% | +21.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.81% | 44.05% | +36.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.50% | 51.68% | +31.82% |