(WEBL) Direxion Daily Dow Jones - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 109m USD | Total Return: 11.9% in 12m

Leveraged ETFs, Swap Agreements, Index Securities
Total Rating 34
Safety 31
Buy Signal -0.03
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 1.00%
AUM: 109M
Avg Turnover: 7.13M
Risk 3d forecast
Volatility50.1%
VaR 5th Pctl9.56%
VaR vs Median6.01%
Reward TTM
Sharpe Ratio0.31
Rel. Str. IBD64.4
Rel. Str. Peer Group34.3
Character TTM
Beta3.707
Beta Downside3.947
Hurst Exponent0.520
Drawdowns 3y
Max DD60.82%
CAGR/Max DD0.62
CAGR/Mean DD2.14

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: WEBL Direxion Daily Dow Jones

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 net assets in financial derivatives, such as swap agreements and index-tracking securities. The underlying index focuses on non-diversified holdings of companies that derive a minimum of 50% of their annual revenue from internet-based business activities.

The internet sector primarily comprises businesses involved in e-commerce, social media, and cloud computing infrastructure. These firms typically operate high-margin software models or logistics-heavy retail platforms that rely on scalable digital traffic rather than traditional physical storefronts. Because the fund uses financial leverage to amplify daily returns, it is intended for short-term trading rather than long-term investment.

Investors should examine ValueRay to further evaluate the risks associated with leveraged equity products. Due to the effects of daily compounding and volatility decay, the fund’s performance over periods longer than a single day can differ significantly from the performance of the underlying index.

Headlines to Watch Out For
  • High interest rates increase borrowing costs and discount rates for growth stocks
  • Performance of top index holdings Amazon and Meta dictates daily fund returns
  • US consumer discretionary spending levels drive advertising and e-commerce revenue growth
  • Swap counterparty risk and daily compounding effects impact long-term price tracking
  • Regulatory scrutiny of big tech firms creates volatility in underlying internet indices
What is the price of WEBL shares?

As of May 29, 2026, the stock is trading at USD 26.35 with a total of 198,387 shares traded.
Over the past week, the price has changed by +10.70%, over one month by +21.93%, over three months by +42.78% and over the past year by +11.87%.

Is WEBL a buy, sell or hold?

Direxion Daily Dow Jones has no consensus analysts rating.