WEBL vs. WEBS
Compare and contrast key facts about Daily Dow Jones Internet Bull 3X Shares (WEBL) and Daily Dow Jones Internet Bear 3X Shares (WEBS).
WEBL and WEBS 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. WEBS 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. Both WEBL and WEBS 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. WEBS - Performance Comparison
Loading graphics...
WEBL vs. WEBS - 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% |
WEBS Daily Dow Jones Internet Bear 3X Shares | 45.45% | -40.66% | -56.62% | -75.58% | 117.15% | -39.82% | -87.18% | -13.16% |
Returns By Period
In the year-to-date period, WEBL achieves a -38.49% return, which is significantly lower than WEBS's 45.45% return.
WEBL
- 1D
- 10.51%
- 1M
- -13.07%
- YTD
- -38.49%
- 6M
- -47.90%
- 1Y
- -10.71%
- 3Y*
- 23.40%
- 5Y*
- -24.23%
- 10Y*
- —
WEBS
- 1D
- -10.51%
- 1M
- 10.72%
- YTD
- 45.45%
- 6M
- 60.82%
- 1Y
- -31.53%
- 3Y*
- -43.95%
- 5Y*
- -30.72%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WEBL vs. WEBS - Expense Ratio Comparison
WEBL has a 1.17% expense ratio, which is higher than WEBS's 1.07% expense ratio.
Return for Risk
WEBL vs. WEBS — Risk / Return Rank
WEBL
WEBS
WEBL vs. WEBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and Daily Dow Jones Internet Bear 3X Shares (WEBS). 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 | WEBS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.15 | -0.43 | +0.28 |
Sortino ratioReturn per unit of downside risk | 0.29 | -0.19 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.04 | 0.98 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.43 | +0.21 |
Martin ratioReturn relative to average drawdown | -0.55 | -0.51 | -0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WEBL | WEBS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.15 | -0.43 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | -0.38 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | -0.54 | +0.48 |
Correlation
The correlation between WEBL and WEBS is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
WEBL vs. WEBS - Dividend Comparison
WEBL's dividend yield for the trailing twelve months is around 0.32%, less than WEBS's 2.24% 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% |
WEBS Daily Dow Jones Internet Bear 3X Shares | 2.24% | 3.77% | 8.02% | 8.51% | 0.20% | 0.00% | 1.11% | 0.11% |
Drawdowns
WEBL vs. WEBS - Drawdown Comparison
The maximum WEBL drawdown since its inception was -94.44%, smaller than the maximum WEBS drawdown of -99.60%. Use the drawdown chart below to compare losses from any high point for WEBL and WEBS.
Loading graphics...
Drawdown Indicators
| WEBL | WEBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.44% | -99.60% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -56.57% | -69.97% | +13.40% |
Max Drawdown (5Y)Largest decline over 5 years | -94.44% | -96.80% | +2.36% |
Current DrawdownCurrent decline from peak | -81.89% | -99.29% | +17.40% |
Average DrawdownAverage peak-to-trough decline | -58.44% | -90.86% | +32.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.61% | 58.93% | -36.32% |
Volatility
WEBL vs. WEBS - Volatility Comparison
Daily Dow Jones Internet Bull 3X Shares (WEBL) and Daily Dow Jones Internet Bear 3X Shares (WEBS) have volatilities of 22.01% and 22.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| WEBL | WEBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.01% | 22.54% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 44.90% | 44.50% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.97% | 73.41% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.81% | 81.93% | -1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.50% | 90.59% | -7.09% |