Key stats
About Direxion Daily Dow Jones Internet Bull 3X Shares
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Inception date
Nov 7, 2019
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
WEBL is passively managed to provide 3x leveraged daily exposure to the Dow Jones Internet Composite Index. The index is composed of the 40 largest and most actively traded U.S. internet technology and commerce companies. Companies selected are determined by the Index Provider to derive a majority of their sales from activities such as online retail, social media, advertising, travel platforms, cloud computing or digital marketing. Because of daily rebalancing and the compounding over time, the return of the Fund for periods longer than a day, will very likely differ from 300% of the return of the Index over the same period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Retail Trade
Cash
Stocks80.65%
Technology Services48.12%
Retail Trade11.91%
Consumer Services8.42%
Electronic Technology7.13%
Commercial Services2.56%
Transportation2.53%
Bonds, Cash & Other19.35%
Cash19.35%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
WEBL invests in stocks. The fund's major sectors are Technology Services, with 48.12% stocks, and Retail Trade, with 11.91% of the basket. The assets are mostly located in the North America region.
WEBL last dividends amounted to 0.02 USD. The quarter before, the issuer paid 0.00 USD in dividends, which shows a 99.55% increase.
WEBL assets under management is 145.76 M USD. It's risen 22.36% over the last month.
WEBL fund flows account for −67.85 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, WEBL pays dividends to its holders with the dividend yield of 0.10%. The last dividend (Apr 1, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
WEBL shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Nov 7, 2019, and its management style is Passive.
WEBL expense ratio is 0.98% meaning you'd have to pay 0.98% of your investment to help manage the fund.
WEBL follows the DJ Internet Composite. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
WEBL invests in stocks.
WEBL price has risen by 33.12% over the last month, and its yearly performance shows a 49.97% increase. See more dynamics on WEBL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 25.67% over the last month, showed a −7.82% decrease in three-month performance and has increased by 44.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 25.67% over the last month, showed a −7.82% decrease in three-month performance and has increased by 44.78% in a year.
WEBL trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.