(WEBL) Direxion Daily Dow Jones - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 99m USD | Total Return: -12.6% in 12m
Avg Turnover: 5.49M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the Dow Jones Internet Composite Index. To achieve this objective, the fund invests at least 80% of its assets in financial derivatives, including swap agreements and index-tracking securities. The underlying index targets companies that derive a minimum of 50% of their annual revenue from internet-based business activities.
The internet sector primarily comprises businesses focused on e-commerce, social media, and cloud computing infrastructure. Because the fund utilizes daily rebalancing to maintain its 3X leverage, it is subject to compounding effects that can lead to significant tracking error over periods longer than a single trading session. Investors may find it useful to evaluate specific valuation metrics for these holdings on ValueRay. As a non-diversified fund, WEBL maintains concentrated exposure, making it more sensitive to price volatility within the technology and consumer services industries.
- Magnified volatility from 300% daily leverage on internet sector price swings
- US Federal Reserve interest rate policy shifts impact growth stock valuations
- Advertising and cloud revenue growth at Amazon and Alphabet drive index performance
- Regulatory scrutiny and antitrust litigation against dominant US internet platforms
As of June 12, 2026, the stock is trading at USD 23.49 with a total of 306,576 shares traded.
Over the past week, the price has changed by -16.49%,
over one month by -0.25%,
over three months by +18.75% and
over the past year by -12.59%.
Direxion Daily Dow Jones has no consensus analysts rating.