WEBS vs. LINT

Last updated Jun 4, 2026

WEBS (Daily Dow Jones Internet Bear 3X Shares) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds from Direxion. WEBS is passively managed, while LINT is actively managed. At a correlation of -0.20, they often move in opposite directions. WEBS charges 1.07%/yr vs 0.97%/yr for LINT.

Performance

WEBS vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daily Dow Jones Internet Bear 3X Shares (WEBS) and Direxion Daily INTC Bull 2X Shares (LINT). 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 LINT's 562.84% return.

WEBS

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

LINT

• 1D: 9.00%
• 1M: 30.35%
• YTD: 562.84%
• 6M: 362.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEBS vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
WEBS Daily Dow Jones Internet Bear 3X Shares	-16.82%	-7.10%
LINT Direxion Daily INTC Bull 2X Shares	562.84%	5.79%

Correlation

The correlation between WEBS and LINT is -0.20, 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 (All Time) Calculated using the full available price history since Nov 20, 2025	-0.20

Return for Risk

WEBS vs. LINT — 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

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. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bear 3X Shares (WEBS) and Direxion Daily INTC Bull 2X Shares (LINT). 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	LINT	Difference
Sharpe ratio Return per unit of total volatility	-0.54	—	—
Sortino ratio Return per unit of downside risk	-0.52	—	—
Omega ratio Gain probability vs. loss probability	0.94	—	—
Calmar ratio Return relative to maximum drawdown	-0.58	—	—
Martin ratio Return relative to average drawdown	-1.33	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WEBS	LINT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.54	—	—
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	24.05	-24.63

Drawdowns

WEBS vs. LINT - Drawdown Comparison

The maximum WEBS drawdown since its inception was -99.63%, which is greater than LINT's maximum drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for WEBS and LINT.

Drawdown Indicators

	WEBS	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-99.63%	-49.54%	-50.09%
Max Drawdown (1Y) Largest decline over 1 year	-53.54%	—	—
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%	-26.55%	-73.05%
Average Drawdown Average peak-to-trough decline	-91.09%	-20.51%	-70.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.19%	—	—

Volatility

Volatility by Period

	WEBS	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	43.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.60%	163.04%	-105.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.81%	163.04%	-81.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.84%	163.04%	-73.20%

WEBS vs. LINT - Expense Ratio Comparison

WEBS has a 1.07% expense ratio, which is higher than LINT's 0.97% expense ratio.

Dividends

WEBS vs. LINT - Dividend Comparison

WEBS's dividend yield for the trailing twelve months is around 3.92%, more than LINT's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LINT Direxion Daily INTC Bull 2X Shares	0.13%	0.25%	0.00%	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 LINT in my portfolio?

WEBS and LINT have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WEBS or LINT?

On fees, LINT is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEBS or LINT?

LINT is cheaper with a 0.97% expense ratio, compared with 1.07% for WEBS.

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

WEBS has the higher dividend yield at 3.92%, compared with 0.13% for LINT.

What is the main difference between WEBS and LINT?

Their fees differ too: 1.07% for WEBS and 0.97% for LINT.