WEBS vs. GLBL
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 -3.46% vs 23.36% 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
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with WEBS having a 8.23% return and GLBL slightly higher at 8.47%.
WEBS
- 1D
- 4.12%
- 1M
- 20.33%
- YTD
- 8.23%
- 6M
- 12.06%
- 1Y
- -3.46%
- 3Y*
- -45.46%
- 5Y*
- -30.51%
- 10Y*
- —
GLBL
- 1D
- 0.02%
- 1M
- -3.08%
- YTD
- 8.47%
- 6M
- 7.34%
- 1Y
- 23.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WEBS vs. GLBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WEBS Daily Dow Jones Internet Bear 3X Shares | 8.23% | -40.66% | -42.63% |
GLBL Pacer MSCI World Industry Advantage ETF | 8.47% | 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 17, 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.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WEBS vs. GLBL — Risk / Return Rank
WEBS
GLBL
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.
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 | GLBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.29 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.14 | -2.20 |
| Martin ratioReturn relative to average drawdown | -0.16 | 8.36 | -8.52 |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| WEBS | GLBL | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -99.48% | -4.70% | -94.78% |
Average DrawdownAverage peak-to-trough decline | -91.11% | -2.59% | -88.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.78% | 2.80% | +19.98% |
Volatility
WEBS vs. GLBL - Volatility Comparison
Daily Dow Jones Internet Bear 3X Shares (WEBS) has a higher volatility of 22.31% compared to Pacer MSCI World Industry Advantage ETF (GLBL) at 5.86%. 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.
Loading charts...
Volatility by Period
| WEBS | GLBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.31% | 5.86% | +16.45% |
Volatility (6M)Calculated over the trailing 6-month period | 46.50% | 11.53% | +34.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.59% | 14.32% | +45.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.14% | 16.74% | +65.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.73% | 16.74% | +72.99% |
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 2.53%, more than GLBL's 0.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GLBL Pacer MSCI World Industry Advantage ETF | 0.79% | 0.86% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WEBS Daily Dow Jones Internet Bear 3X Shares | 2.53% | 3.77% | 8.02% | 8.51% | 0.20% | 0.00% | 1.11% | 0.11% |
Frequently Asked Questions
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.
WEBS has higher volatility (22.31%) compared to GLBL (5.86%). In terms of maximum drawdown, WEBS dropped -99.63% vs GLBL's -19.75%.
On 1-year performance, GLBL leads with 23.36% vs -3.46% for WEBS. On fees, GLBL is cheaper at 0.65% per year. On volatility, GLBL has been the lower-risk option at 5.86%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GLBL has performed better with a 23.36% return vs -3.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GLBL is cheaper with a 0.65% expense ratio, compared with 1.07% for WEBS.
WEBS has the higher dividend yield at 2.53%, compared with 0.79% for 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.
GLBL currently has the higher Sharpe Ratio (1.64 vs -0.06), 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.
Find the right allocation for WEBS and GLBL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer