WEBS vs. ESGV
WEBS (Daily Dow Jones Internet Bear 3X Shares) and ESGV (Vanguard ESG U.S. Stock ETF) are both exchange-traded funds - WEBS is a Leveraged Equities fund tracking the Dow Jones Internet Composite Index (300%), while ESGV is a Large Cap Blend Equities fund tracking the FTSE US All Cap Choice Index. Both are passively managed. Over the past 5 years, WEBS returned -33.85%/yr vs 11.92%/yr for ESGV. At a correlation of -0.84, they often move in opposite directions. WEBS charges 1.07%/yr vs 0.09%/yr for ESGV.
Performance
WEBS vs. ESGV - Performance Comparison
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Returns By Period
In the year-to-date period, WEBS achieves a -11.73% return, which is significantly lower than ESGV's 10.61% return.
WEBS
- 1D
- 4.75%
- 1M
- -3.57%
- 6M
- -16.73%
- YTD
- -11.73%
- 1Y
- -16.44%
- 3Y*
- -44.25%
- 5Y*
- -33.85%
- 10Y*
- —
ESGV
- 1D
- -0.62%
- 1M
- 0.67%
- 6M
- 9.51%
- YTD
- 10.61%
- 1Y
- 21.63%
- 3Y*
- 19.76%
- 5Y*
- 11.92%
- 10Y*
- —
WEBS vs. ESGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WEBS Daily Dow Jones Internet Bear 3X Shares | -11.73% | -40.66% | -56.62% | -75.58% | 117.15% | -39.82% | -87.18% | -10.90% |
ESGV Vanguard ESG U.S. Stock ETF | 10.61% | 16.48% | 24.69% | 30.79% | -24.04% | 26.55% | 25.69% | 5.63% |
Correlation
The correlation between WEBS and ESGV is -0.75, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.86 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2019 | -0.84 |
The correlation between WEBS and ESGV shifts across timeframes, from -0.86 (5 years) to -0.75 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WEBS vs. ESGV — Risk / Return Rank
WEBS
ESGV
WEBS vs. ESGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bear 3X Shares (WEBS) and Vanguard ESG U.S. Stock ETF (ESGV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WEBS | ESGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | -2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.28 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 1.87 | -2.18 |
| Martin ratioReturn relative to average drawdown | -0.68 | 7.68 | -8.37 |
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Drawdowns
WEBS vs. ESGV - Drawdown Comparison
The maximum WEBS drawdown since its inception was -99.63%, which is greater than ESGV's maximum drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for WEBS and ESGV.
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Drawdown Indicators
| WEBS | ESGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.63% | -33.66% | -65.97% |
Max Drawdown (1Y)Largest decline over 1 year | -53.54% | -11.60% | -41.94% |
Max Drawdown (3Y)Largest decline over 3 years | -90.33% | -20.41% | -69.92% |
Max Drawdown (5Y)Largest decline over 5 years | -97.09% | -28.81% | -68.28% |
Current DrawdownCurrent decline from peak | -99.57% | -1.00% | -98.57% |
Average DrawdownAverage peak-to-trough decline | -91.18% | -6.37% | -84.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.10% | 2.82% | +21.28% |
Volatility
WEBS vs. ESGV - Volatility Comparison
Daily Dow Jones Internet Bear 3X Shares (WEBS) has a higher volatility of 18.31% compared to Vanguard ESG U.S. Stock ETF (ESGV) at 3.97%. This indicates that WEBS's price experiences larger fluctuations and is considered to be riskier than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEBS | ESGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.31% | 3.97% | +14.34% |
Volatility (6M)Calculated over the trailing 6-month period | 47.79% | 11.45% | +36.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.11% | 14.21% | +45.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.26% | 18.50% | +63.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.49% | 20.54% | +68.95% |
WEBS vs. ESGV - Expense Ratio Comparison
WEBS has a 1.07% expense ratio, which is higher than ESGV's 0.09% expense ratio.
Dividends
WEBS vs. ESGV - Dividend Comparison
WEBS's dividend yield for the trailing twelve months is around 3.10%, more than ESGV's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESGV Vanguard ESG U.S. Stock ETF | 0.86% | 0.91% | 1.04% | 1.16% | 1.42% | 0.95% | 1.11% | 1.27% | 0.28% |
WEBS Daily Dow Jones Internet Bear 3X Shares | 3.10% | 3.77% | 8.02% | 8.51% | 0.20% | 0.00% | 1.11% | 0.11% | 0.00% |
Frequently Asked Questions
WEBS and ESGV have a correlation of -0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEBS has higher volatility (18.31%) compared to ESGV (3.97%). In terms of maximum drawdown, WEBS dropped -99.63% vs ESGV's -33.66%.
On 5-year performance, ESGV leads with 11.92% vs -33.85% for WEBS. On fees, ESGV is cheaper at 0.09% per year. On volatility, ESGV has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ESGV has performed better with a 11.92% return vs -33.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ESGV is cheaper with a 0.09% expense ratio, compared with 1.07% for WEBS.
WEBS has the higher dividend yield at 3.10%, compared with 0.86% for ESGV.
WEBS is categorized as Leveraged Equities, while ESGV is Large Cap Blend Equities. WEBS tracks Dow Jones Internet Composite Index (300%), while ESGV tracks FTSE US All Cap Choice Index. They also come from different issuers: Direxion and Vanguard. Their fees differ too: 1.07% for WEBS and 0.09% for ESGV.
ESGV currently has the higher Sharpe Ratio (1.53 vs -0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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