WEBS vs. GLBL

Last updated Jun 4, 2026

WEBS (Daily Dow Jones Internet Bear 3X Shares) and GLBL (Pacer MSCI World Industry Advantage ETF) are both exchange-traded funds - WEBS is a Leveraged Equities fund tracking the Dow Jones Internet Composite Index (300%), while GLBL is a Global Equities fund tracking the MSCI World Ricardo Comparative Advantage Select Index. Both are passively managed. Over the past year, WEBS returned -30.71% vs 31.50% for GLBL. At a correlation of -0.82, they often move in opposite directions. WEBS charges 1.07%/yr vs 0.65%/yr for GLBL.

Performance

WEBS vs. GLBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daily Dow Jones Internet Bear 3X Shares (WEBS) and Pacer MSCI World Industry Advantage ETF (GLBL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEBS achieves a -16.82% return, which is significantly lower than GLBL's 13.05% return.

WEBS

• 1D: 5.89%
• 1M: -13.46%
• YTD: -16.82%
• 6M: -14.14%
• 1Y: -30.71%
• 3Y*: -49.47%
• 5Y*: -36.70%
• 10Y*: —

GLBL

• 1D: -0.46%
• 1M: 5.74%
• YTD: 13.05%
• 6M: 13.02%
• 1Y: 31.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WEBS vs. GLBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WEBS Daily Dow Jones Internet Bear 3X Shares	-16.82%	-40.66%	-41.98%
GLBL Pacer MSCI World Industry Advantage ETF	13.05%	20.14%	5.49%

Correlation

The correlation between WEBS and GLBL is -0.79, 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	-0.79
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.82

The correlation between WEBS and GLBL has been stable across timeframes, ranging from -0.82 to -0.79 - a consistent structural relationship.

Return for Risk

WEBS vs. GLBL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WEBS

WEBS Risk / Return Rank: 4
WEBS Sharpe Ratio Rank: 4
WEBS Sortino Ratio Rank: 5
WEBS Omega Ratio Rank: 5
WEBS Calmar Ratio Rank: 4
WEBS Martin Ratio Rank: 2

GLBL

GLBL Risk / Return Rank: 68
GLBL Sharpe Ratio Rank: 74
GLBL Sortino Ratio Rank: 70
GLBL Omega Ratio Rank: 71
GLBL Calmar Ratio Rank: 59
GLBL Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WEBS vs. GLBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bear 3X Shares (WEBS) and Pacer MSCI World Industry Advantage ETF (GLBL). 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.

	WEBS	GLBL	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	2.35	-2.89
Sortino ratio: Return per unit of downside risk	-0.52	3.15	-3.67
Omega ratio: Gain probability vs. loss probability	0.94	1.42	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.58	2.88	-3.46
Martin ratio: Return relative to average drawdown	-1.33	11.86	-13.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WEBS vs. GLBL - Sharpe Ratio Comparison

The current WEBS Sharpe Ratio is -0.54, which is lower than the GLBL Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of WEBS and GLBL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WEBS	GLBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.54	2.35	-2.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	1.43	-2.02

Drawdowns

WEBS vs. GLBL - Drawdown Comparison

The maximum WEBS drawdown since its inception was -99.63%, which is greater than GLBL's maximum drawdown of -19.75%. Use the drawdown chart below to compare losses from any high point for WEBS and GLBL.

Drawdown Indicators

	WEBS	GLBL	Difference
Max Drawdown Largest peak-to-trough decline	-99.63%	-19.75%	-79.88%
Max Drawdown (1Y) Largest decline over 1 year	-53.54%	-10.97%	-42.57%
Max Drawdown (3Y) Largest decline over 3 years	-90.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-97.09%	—	—
Current Drawdown Current decline from peak	-99.60%	-0.68%	-98.92%
Average Drawdown Average peak-to-trough decline	-91.09%	-2.57%	-88.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.19%	2.66%	+20.53%

Volatility

WEBS vs. GLBL - Volatility Comparison

Daily Dow Jones Internet Bear 3X Shares (WEBS) has a higher volatility of 15.72% compared to Pacer MSCI World Industry Advantage ETF (GLBL) at 3.02%. This indicates that WEBS's price experiences larger fluctuations and is considered to be riskier than GLBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEBS	GLBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.72%	3.02%	+12.70%
Volatility (6M) Calculated over the trailing 6-month period	43.46%	10.38%	+33.08%
Volatility (1Y) Calculated over the trailing 1-year period	57.60%	13.44%	+44.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.81%	16.48%	+65.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.84%	16.48%	+73.36%

WEBS vs. GLBL - Expense Ratio Comparison

WEBS has a 1.07% expense ratio, which is higher than GLBL's 0.65% expense ratio.

Dividends

WEBS vs. GLBL - Dividend Comparison

WEBS's dividend yield for the trailing twelve months is around 3.92%, more than GLBL's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GLBL Pacer MSCI World Industry Advantage ETF	0.76%	0.86%	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%
WEBS Daily Dow Jones Internet Bear 3X Shares	3.92%	3.77%	8.02%	8.51%	0.20%	0.00%	1.11%	0.11%

Frequently Asked Questions

Can I hold both WEBS and GLBL in my portfolio?

WEBS and GLBL have a correlation of -0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEBS or GLBL?

WEBS has higher volatility (15.72%) compared to GLBL (3.02%). In terms of maximum drawdown, WEBS dropped -99.63% vs GLBL's -19.75%.

Which ETF is better, WEBS or GLBL?

On 1-year performance, GLBL leads with 31.50% vs -30.71% for WEBS. On fees, GLBL is cheaper at 0.65% per year. On volatility, GLBL has been the lower-risk option at 3.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEBS or GLBL?

Over the 1-year period, GLBL has performed better with a 31.50% return vs -30.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEBS or GLBL?

GLBL is cheaper with a 0.65% expense ratio, compared with 1.07% for WEBS.

Which ETF pays a higher dividend yield, WEBS or GLBL?

WEBS has the higher dividend yield at 3.92%, compared with 0.76% for GLBL.

What is the main difference between WEBS and GLBL?

WEBS is categorized as Leveraged Equities, while GLBL is Global Equities. WEBS tracks Dow Jones Internet Composite Index (300%), while GLBL tracks MSCI World Ricardo Comparative Advantage Select Index. They also come from different issuers: Direxion and Pacer. Their fees differ too: 1.07% for WEBS and 0.65% for GLBL.

Which has better risk-adjusted returns?

GLBL currently has the higher Sharpe Ratio (2.35 vs -0.54), 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.